OpenAI IPO, Meta Pushes Back on S Facial Recognition, Wonder Valley Data Center Scales Back

Jim Love covers three headlines for June 10, 2026: OpenAI has filed confidential paperwork for a US IPO, with Reuters suggesting it could come as early as September amid a broader wave of potential blockbuster listings also involving Anthropic and SpaceX; the report reviews OpenAI's shift from non-profit to commercial powerhouse, prior governance turmoil around Sam Altman, planned conversion to a public benefit corporation, and disputed private-company revenue/user figures compared with Anthropic. Meta is aggressively rebutting a Wired report that found facial-recognition references in smart-glasses software that reportedly disappeared after inquiry, amid rising scrutiny of always-on recording and proposed notice laws. Kevin O'Leary apologized for missteps around Utah's Wonder Valley AI data center plan, which has been cut roughly in half after local opposition focused on water transfers, power, costs, and environmental impacts. 00:00 Headlines and intro 00:29 OpenAI files for IPO 02:14 OpenAI vs Anthropic numbers 03:35 Meta denies facial recognition 04:50 Smart glasses privacy backlash 05:58 Kevin O'Leary data center apology 07:02 Wonder Valley water and power fight 07:49 Lessons for AI infrastructure 08:54 Wrap up and support the show