Welcome to OHMO AI. The biggest players in AI stopped building for a second this week and started negotiating. Superpowers are drawing up safety protocols. A near trillion dollar valuation is in play. And ChatGPT just stepped into personal finance. The pace isn't slowing down. It's shifting shape.
In today’s newsletter:
The U.S. and China agree to establish an AI safety protocol at the Trump/Xi summit in Beijing
Anthropic is in talks for a funding round that could value it at up to $950 billion
OpenAI lets ChatGPT users connect their bank accounts for personal finance guidance
Anthropic launches 20+ connectors and 12 plugins to embed Claude into legal workflows
LATEST IN AI
U.S. AND CHINA
The two AI superpowers agree to talk safety
Image source: OHMOAI
OHMO AI: At the Trump/Xi summit in Beijing, U.S. Treasury Secretary Scott Bessent announced that the U.S. and China will establish a protocol for AI safety to prevent non-state actors from gaining access to advanced AI models. It is the first time the Trump administration has engaged China directly on AI governance.
The details:
Bessent framed the U.S. willingness to engage as a function of its technological lead, saying the discussions would not be happening if China were ahead.
The summit at Beijing's Temple of Heaven was the first visit to China by a sitting U.S. president since 2017. Nvidia CEO Jensen Huang joined Trump's delegation as a late addition alongside Apple CEO Tim Cook and Elon Musk.
How the proposed AI safety protocol will be structured, governed, or enforced remains unclear. Both governments have yet to release formal documentation. Trump later told reporters on Air Force One that he and Xi discussed "working together for guardrails" on AI but offered no specifics.
Why it matters: The world's two biggest AI powers agreeing to even talk about safety is significant. But the details are thin and the politics are complicated. Anthropic's Mythos model and its cybersecurity capabilities appear to have pushed Washington toward taking AI safety more seriously. Whether this turns into real policy or stays as summit theatre is the question that matters.
ANTHROPIC
Anthropic eyes a $950 billion valuation
Image source: OHMOAI
OHMO AI: Anthropic is in early talks to raise between $30 billion and $50 billion in new funding at a valuation of up to $950 billion, according to a report from The New York Times. If completed, the round would be the company's largest ever and would place Anthropic ahead of OpenAI's most recently reported valuation of $852 billion.
The details:
The company was previously valued at $380 billion, meaning this round would represent roughly a 2.5x jump. Google has committed to invest up to $40 billion and Amazon up to $25 billion in separate agreements announced in April.
Ramp data published this week showed that for the first time, more business users are paying for Anthropic's AI than OpenAI's, with 34.4% of businesses using Anthropic compared to 32.3% for OpenAI.
Anthropic's annualized revenue reportedly surpassed $30 billion earlier this year, more than tripling from approximately $9 billion at the end of 2025, with Claude Code driving a significant share of enterprise adoption.
Why it matters: A year ago Anthropic was the scrappy number two. Now it's potentially the most valuable AI company in the world. The enterprise numbers tell the real story. Businesses are choosing Claude over ChatGPT. That shift in paying customers is what's fuelling a valuation that would have sounded absurd twelve months ago.
OPENAI
OpenAI Brings Finance Into ChatGPT
Image source: OpenAI
OHMO AI: OpenAI has launched a personal finance experience inside ChatGPT that lets users connect their bank accounts, credit cards, and investment accounts through Plaid. The feature is rolling out in preview for Pro subscribers in the U.S. and gives ChatGPT read only access to your financial data.
The details:
Users can connect to more than 12,000 financial institutions including Chase, Schwab, Fidelity, Robinhood, and Capital One, with a dashboard that shows portfolio performance, spending, subscriptions, and upcoming bills.
ChatGPT can see balances, transactions, investments, and liabilities but cannot move money or take actions on a user's behalf. Full account numbers are never visible.
OpenAI says more than 200 million users already ask ChatGPT financial questions every month. The company acquired the team behind personal finance startup Hiro in April and plans to add Intuit support soon.
Why it matters: This is AI moving from answering hypothetical money questions to looking at your actual money. The read only safeguard is smart for now, but OpenAI has already said future versions could let users go from a credit card recommendation to submitting an application. That's a different product entirely. If this works, expect every major AI company to follow.
ANTHROPIC
Claude goes all in on legal
Image source: OHMOAI
OHMO AI: Anthropic has released more than 20 new MCP connectors and 12 practice area plugins that link Claude to the software the legal industry runs on, from contract lifecycle tools and e-discovery platforms to document management systems and legal research databases.
The details:
New connectors include integrations with Docusign, Ironclad, iManage, NetDocuments, Everlaw, Relativity, Thomson Reuters, Harvey, and others across contract management, deal rooms, e-discovery, and legal research.
The 12 plugins cover specific practice areas including commercial, corporate, employment, privacy, product, regulatory, AI governance, IP, and litigation, each with a setup interview that learns a team's playbooks and standards.
Anthropic is also partnering with the Free Law Project and the Justice Technology Association to offer discounted access for legal aid clinics, public defenders, and nonprofit legal services through its Claude for Nonprofits program.
Why it matters: Legal is one of the most document heavy, process heavy industries on the planet. Anthropic isn't just offering a chatbot for lawyers. It's plugging Claude directly into the systems where legal work already happens. If this gets traction, it could reshape how firms operate from contract review all the way through to litigation. The access to justice angle is worth watching too.
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Free Guides
OHMO AI: Vibe Coding Keyboard Setup Guide
OHMO AI: Meta Ads AI Connectors Guide
Claude: Building Skills for Claude Guide
Claude: Building an AI-native Startup Playbook
COMMUNITY
Featured Reader
Every newsletter, we feature how a reader is using AI to work smarter, save time, or make life easier.
Today's reader is Dana R. from Portland, Oregon:
“I'm a licensed electrician and I run a two person operation. The hardest part of my job was never the wiring. It was keeping up with permit applications, writing change orders, and responding to general contractors who email at 10pm expecting an answer by 6am. I started using AI to draft all of that. I paste in the project specs, tell it what changed on site, and it writes the change order in the format my GC expects. I also use it to summarize new NEC code updates so I don't have to read 40 pages to find the three things that affect my work. I'm saving about six hours a week. That's an entire extra job I can take on every month.”
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