Green Technology Metals (GT1:AU) has announced Seymour Concentrate Produces Battery Grade Lithium Hydroxide
Download the PDF here.
Green Technology Metals (GT1:AU) has announced Seymour Concentrate Produces Battery Grade Lithium Hydroxide
Download the PDF here.
Lithium prices continued their downward trajectory in Q2 2025, with battery-grade lithium carbonate hitting a four-year low of US$8,329 per metric ton in late June.
Lithium hydroxide followed suit, as oversupply and bearish sentiment weighed on the market.
Despite strong electric vehicle (EV) demand, mined supply — driven largely by China, Australia, Argentina and emerging African producers — has outpaced consumption, with Fastmarkets forecasting a 260,000 metric ton surplus for 2025.
“The industry is navigating a period of complexity,” said Paul Lusty, head of battery raw materials at Fastmarkets, speaking at the firm’s June lithium conference.
Still, he emphasized that long-term fundamentals remain “anchored in mega trends,” including the global energy transition, AI expansion and climate change mitigation.
In China, production ramp-ups and new fair competition rules have added volatility, while US policy uncertainty under the Trump administration has dampened investor sentiment. Brief price rebounds in July, spurred by speculation over supply cuts, were short-lived, reflecting the market’s sensitivity to rumors over fundamentals.
Even with near-term headwinds, analysts say the structural case for lithium is solid, offering opportunities for long-term-focused investors.
Against this backdrop, some lithium stocks are seeing share price gains. Below, we profile the lithium stocks in Canada, Australia and the US that have performed the best so far in 2025, updating investors on the lithium companies’ news and activities.
This list of the top-gaining lithium companies is based on year-to-date as per TradingView’s stock screener. Data for Canadian stocks and US stocks was collected on July 22, 2025, and data for Australian stocks was gathered on July 23, 2025. Lithium stocks with market caps above $10 million in their respective currencies were considered.
Year-to-date gain: 58.82 percent
Market cap: C$488.32 million
Share price: C$0.30
NOA is a lithium exploration and development company with three projects in Argentina’s Lithium Triangle region. The company’s flagship Rio Grande project and prospective Arizaro and Salinas Grandes land packages total more than 140,000 hectares.
As NOA works to advance its flagship asset, the company brought on Hatch in April to lead the preliminary economic assessment (PEA).
The PEA will evaluate the project’s economic and development potential with a target production of 20,000 metric tons of lithium carbonate equivalent (LCE) annually, with a scalable plant design that could double capacity to 40,000 metric tons per year.
NOA has also been working to secure a water source in the arid region through a drilling program targeting fresh water. In late June, the company discovered a fresh water source at the project, located near high-grade lithium zones in the project’s northeast area. According to the company, the location means the water source could support future production facilities or evaporation ponds.
The well, drilled to 190 meters in the northern part of the property, is being tested and developed.
Shares of NOA reached a year-to-date high C$0.425 on July 17, 2025.
Year-to-date gain: 40 percent
Market cap: C$23.93 million
Share price: C$0.07
Wealth Minerals is focused on the acquisition and development of lithium projects in Chile, including the Yapuckuta project in Chile’s Salar de Atacama, as well as the Kuska Salar and Pabellón projects near the Salar de Ollagüe.
Wealth Minerals’ shares spiked to a year-to-date high of C$0.095 on February 9, 2025, following the company’s acquisition of the Pabellón project.
According to Wealth, Pabellón has been shortlisted by Chile’s Ministry of Mining as a potential site for a Special Lithium Operation Contract based on its geological and environmental suitability. Located in Northern Chile near the Bolivia border, the project spans 7,600 hectares across 26 exploration licenses about 70 kilometers south of the Salar de Ollagüe.
In May, Wealth formed a joint venture with the Quechua Indigenous Community of Ollagüe to advance the Kuska project. The new entity, Kuska Minerals SpA, is 95 percent owned by Wealth and 5 percent by the community, which also holds anti-dilution rights and a seat on the five-member board.
Year-to-date gain: 37.5 percent
Market cap: C$38.26 million
Share price: C$0.055
Avalon Advanced Materials is a Canadian mineral development company focusing on integrating the Ontario lithium supply chain. Avalon is developing the Separation Rapids and Snowbank lithium projects near Kenora, Ontario, and the Lilypad lithium-cesium project near Fort Hope, Ontario.
Separation Rapids and Lilypad are part of a 40/60 joint venture between Avalon and SCR Sibelco, with Sibelco serving as the operator.
Avalon started the year with a revised mineral resource estimate for the Separation Rapids project, which boosted resources in the measured and indicated category by 28 percent.
Company shares rose to C$0.07, a year-to-date high, on July 15, the day after Avalon released its results for its fiscal quarter ended May 31.
A week later, Avalon announced an additional C$1.3 million in funding through its C$15 million convertible security agreement with Lind Global Fund II. The drawdown, expected to close within two weeks, will support project development and general corporate needs, according to the company.
Year-to-date gain: 10.43 percent
Market cap: US$10.82 billion
Share price: US$40.64
SQM is a major global lithium producer, with operations centered in Chile’s Salar de Atacama. The company extracts lithium from brine and produces lithium carbonate and hydroxide for use in batteries.
SQM is expanding production and holds interests in projects in Australia and China.
Shares of SQM reached a year-to-date high of US$45.61 on March 17, 2025. The spike occurred a few weeks after the company released its 2024 earnings report, which highlighted record sales volumes in the lithium and iodine segments. However, low lithium prices weighed on revenue from the segment, and the company’s reported net profit was pulled down significantly due to a large accounting adjustment related to income tax.
In late April, Chile’s competition watchdog approved the partnership agreement between SQM and state-owned copper giant Codelco aimed at boosting output at the Atacama salt flat. The deal, first announced in 2024, reached another milestone when it secured approval for an additional lithium quota from Chile’s nuclear energy regulator CChEN.
Weak lithium prices continued to weigh on profits, with the company reporting a 4 percent year-over-year decrease in total revenues for Q1 2025.
Year-to-date gain: 9.67 percent
Market cap: US$719.1 million
Share price: US$3.29
Lithium Americas is developing its flagship Thacker Pass project in Northern Nevada, US. The project is a joint venture between Lithium Americas at 62 percent and General Motors (NYSE:GM) at 38 percent.
According to the firm, Thacker Pass is the “largest known measured lithium resource and reserve in the world.”
Early in the year, Lithium Americas saw its share rally to a year-to-date high of US$3.49 on January 16, coinciding with a brief rally in lithium carbonate prices.
In March, Lithium Americas secured US$250 million from Orion Resource Partners to advance Phase 1 construction of Thacker Pass. The funding is expected to fully cover development costs through the construction phase. On April 1, the joint venture partners made a final investment decision for the project, with completion targeted for late 2027.
Other notable announcements this year included a new at-the-market equity program, allowing the company to sell up to US$100 million in common shares.
Year-to-date gain: 8.46 percent
Market cap: US$467.28 million
Share price: US$2.90
Lithium Argentina produces lithium carbonate from its Caucharí-Olaroz brine project in Argentina, developed with Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772).
The company is also advancing additional regional lithium assets to support EV and battery demand.
Previously named Lithium Americas (Argentina), the company was spun out from Lithium Americas in October 2023.
While shares of Lithium Argentina spiked in early January to a year-to-date high of US$3.10, the share price has been trending higher since June 19 to its current US$2.90 value.
Notable news from the company this year includes its name and ticker change and corporate migration to Switzerland in late January and the release of the full-year 2024 results in March.
In mid-April, Lithium Argentina executed a letter of intent with Ganfeng Lithium to jointly advance development across the Pozuelos-Pastos Grandes basins in Argentina. The plan includes a project fully owned by Ganfeng as well as two jointly held assets majority-owned by Lithium Argentina.
The company released its Q1 results on May 15, reporting a 15 percent quarter-over-quarter production reduction, which it attributed to planned shutdowns aimed at increasing recoveries and reducing costs.
Overall, the production guidance for 2025 is forecasted at 30,000 to 35,000 metric tons of lithium carbonate, reflecting higher expected production volumes in the second half of the year.
Year-to-date gain: 123.26 percent
Market cap: AU$35.94 million
Share price: AU$0.48
Perth-based Jindalee Lithium is currently focused on its McDermitt lithium project, which it regards as a potential low-cost and long-life lithium source for North America.
On April 22, McDermitt was declared among the US Trump administration’s first 10 resource projects designated as Fast-41 Transparency Projects, which is intended to fast track resource projects important to the US’s critical minerals supply chain. The designation secures publicly accessible permitting timelines and enhances interagency cooperation for the project.
Shares of Jindalee Lithium spiked to a year-to-date high of AU$0.565 April 30, the day after Jindalee released its March 2025 quarterly activities report.
On July 10, Jindalee announced a memorandum of understanding with US-based LiChem Operations, which is developing its lithium refining process for battery grade lithium. Jindalee will initially supply LiChem with 100 kilograms of ore from McDermitt for testwork.
If both companies are satisfied with the result, Jindalee will provide up to 20 metric tons of further ore to LiChem in stages. There is also potential for Jindalee to negotiate for a license to use LiChem’s process in place of the sulfuric acid flowsheet from its prefeasibility study.
Year-to-date gain: 75.47 percent
Market cap: AU$2.34 billion
Share price: AU$0.93
Liontown Resources has two assets in Western Australia, including the producing Kathleen Valley mine and processing plant. The mine entered open-pit production during the second half of 2024, and the plant reached commercial production in January 2025.
The company is currently transitioning from open-pit to underground mining operations at Kathleen Valley. Underground production stoping kicked off in April of this year, making Kathleen Valley Western Australia’s first underground lithium mine.
Liontown also owns the Buldania lithium project in the Eastern Goldfields province of Western Australia. The project has an initial mineral resource of 15 million metric tons at 1.0 percent lithium oxide.
On June 30, Liontown announced executive leadership changes, appointing Graeme Pettit as interim chief financial officer and Ryan Hair as chief operating officer after CFO Jon Latto and COO Adam Smits decided to step down from the positions.
The company released its fiscal 2025 results on July 29, reporting that Kathleen Valley produced over 300,000 wet metric metric tons of spodumene concentrate during its first 11 months of operations.
Shares of Liontown Resources reached a year-to-date high of AU$1.03 on July 21.
Year-to-date gain: 57.14 percent
Market cap: AU$145.61 million
Share price: AU$0.11
Newport Beach-based Anson Resources is advancing development of its flagship Paradox lithium project and its Green River lithium project, both located the Paradox Basin of Utah, US. It plans to produce lithium from the projects using direct lithium extraction (DLE).
Anson Resources has shared significant developments at Green River this year. According to its March quarterly activities report, the company completed a DLE pilot program with Koch Technology Solutions, producing 43,000 gallons of lithium chloride eluate with an average lithium recovery of 98 percent from brine extracted from Green River’s Bosydaba #1 well.
A June maiden JORC mineral resource for Green River estimated 103,000 metric tons of lithium carbonate equivalent based solely on drilling at the Bosydaba #1 well. The prior month, the company negotiated a lower royalty rate agreement with the Utah government.
On July 1, the company announced it signed a non-binding memorandum of understanding with POSCO Holdings (NYSE:PKX,KRX:005490) to co-develop a DLE demonstration plant at Green River, which POSCO will fully fund.
Anson Resources’ share price spiked in mid-July, ultimately climbing to a year-to-date high of AU$0.11 on July 21, following a pair of announcements.
On July 14, Anson reported it shipped about 2 tons of lithium brine to POSCO in South Korea for test work and due diligence. Two days later, it announced that its polishing system, which is installed at Green River, successfully reduced the minor contaminants from the lithium chloride eluate produced in the KOCH DLE pilot program.
While we don’t know how much total lithium is on Earth, the US Geological Survey estimates that global reserves of lithium stand at 22 billion metric tons. Of that, 9.2 billion MT are located in Chile, and 5.7 billion MT are in Australia.
Lithium is mined throughout the world, but the two countries that produce the most are Australia and Chile. Australia’s lithium comes from primarily hard-rock deposits, while Chile’s comes from lithium brines. Chile is part of the Lithium Triangle alongside Argentina and Bolivia, although those two countries have a lower annual output.
Rounding out the top five lithium-producing countries behind Australia and Chile are China, Argentina and Brazil.
Lithium has many uses, including the lithium-ion batteries that power electric vehicles, smartphones and other tech, as well as pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. Still, it is largely the electric vehicle industry that is boosting demand.
Those looking to get into the lithium market have many options when it comes to how to invest in lithium.
Lithium stocks like those mentioned above could be a good option for investors interested in the space. If you’re looking to diversify instead of focusing on one stock, there is the Global X Lithium & Battery Tech ETF (NYSE:LIT), an exchange-traded fund (ETF) focused on the metal. Experienced investors can also look at lithium futures.
Unlike many commodities, investors cannot physically hold lithium due to its dangerous properties.
Through the use of a broker or an investing service such as an app, investors can purchase lithium stocks and ETFs that match their investing outlook.
Before buying a lithium stock, potential investors should take time to research the companies they’re considering; they should also decide how many shares will be purchased, and what price they are willing to pay. With many options on the market, it’s critical to complete due diligence before making any investment decisions.
It’s also important for investors to keep their goals in mind when choosing their investing method. There are many factors to consider when choosing a broker, as well as when looking at investing apps — a few of these include the broker or app’s reputation, their fee structure and investment style.
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
OpenAI’s ChatGPT is one of the latest technological breakthroughs in the artificial intelligence space. But what is ChatGPT, and can you invest in OpenAI?
This emerging technology is representative of a niche subsector of the AI industry known as generative AI — systems that can generate text, images or sounds in response to prompts given by users.
Precedence Research expects the global AI market to grow at a compound annual growth rate (CAGR) of 19.2 percent to reach US$3.68 trillion by 2034. Just how much of an impact OpenAI’s ChatGPT will have on this space is hard to predict, but Fortune Business Insights estimates that the total market revenue of generative AI will see a CAGR of 39.6 percent through 2032, increasing from US$67.18 billion last year to US$967.65 billion in 2032.
In September 2024, Reuters reported that OpenAI was planning a restructuring from a non-profit to a for-profit company in order to make it ‘more attractive to investors.’ However, after encountering backlash and potential legal conflicts, in May 2025 OpenAI’s management decided to remain a non-profit while still converting its for-profit arm into a public benefit corporation.
OpenAI completed a new round of funding totaling US$40 billion in late March 2025 projected to bring its valuation to US$300 billion. Japanese multinational investment firm SoftBank made up 75 percent of the funding, while Microsoft (NASDAQ:MSFT), and investment firms Coatue Management, Altimeter Capital and Thrive Capital also took part in the raise.
The US Department of Defense (DoD) awarded a US$200 million contract to OpenAI in June 2025 to provide the DoD with artificial intelligence tools for addressing national security challenges, including cyber defense and warfare.
Created by San Francisco-based tech lab OpenAI, ChatGPT is a generative AI software application that uses a machine learning technique called reinforcement learning from human feedback (RLHF) to emulate human-written conversations based on a large range of user prompts. This kind of software is better known as an AI chatbot.
ChatGPT learns language by training on texts gleaned from across the internet, including online encyclopedias, books, academic journals, news sites and blogs. Based on this training, the AI chatbot generates text by making predictions about which words (or tokens) can be strung together to produce the most suitable response.
More than a million people engaged with ChatGPT within the first week of its launch for free public testing on November 30, 2022. The introduction of ChatGPT quickly ushered in a new era in the tech industry.
Based on this success, OpenAI created a more powerful version of the ChatGPT system called GPT-4, which was released in March 2023. This iteration of ChatGPT can accept visual inputs, is much more precise and can display a higher level of expertise in various subjects. Because of this, GPT-4 can describe images in vivid detail and ace standardized tests.
Unlike its predecessor, GPT-4 doesn’t have any time limits on what information it can access; however, AI researcher and professor Dr. Oren Etzioni has said that the chatbot is still terrible at discussing the future and generating new ideas. It also hasn’t lost its tendency to deliver incorrect information with too high a degree of confidence.
Further improving on its product, in May 2024 OpenAI launched Chat GPT-4o, with the o standing for omni. OpenAI describes GPT-4o as ‘a step towards much more natural human-computer interaction—it accepts as input any combination of text, audio, image, and video and generates any combination of text, audio, and image outputs.’
This version has done away with the lagging response time afflicting GPT-4. This proves especially helpful for producing immediate translations during conversations between speakers of different languages. It also allows users to interrupt the chatbot to pose a new query to modify responses.
More recently, in December 2024, OpenAI introduced ChatGPT Pro subscriptions targeting engineers and academics. For US$200 monthly, users have nearly unlimited access to all ChatGPT models and tools.
The ChatGPT 3.5 and ChatGPT-4 platforms are free to use, and can be accessed via the web. Those with an iPhone or iPad can also use ChatGPT through an app, and an Android version launched in July 2023. OpenAI also launched a paid subscription, ChatGPT Plus for business use, in August 2023. ChatGPT Plus gives users access to GPT-4 and the newest iteration GPT-4o.
The Stargate Project is an AI joint venture focused on building new AI infrastructure in the US through US$500 billion in investments. It was announced on January 21, 2025.
Stargate’s initial funding is coming from OpenAI, SoftBank, Oracle (NYSE:ORCL) and UAE-based technology fund MGX. In addition to OpenAI and Oracle, Stargate’s technology partners include Microsoft, NVIDIA, and British semiconductor and software design company Arm Holdings (NASDAQ:ARM).
Newly re-elected US President Trump unveiled Stargate during a press conference at the White House highlighting the importance of investment in US AI infrastructure. During the announcement, OpenAI’s Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son credited President Trump’s return to office as a major catalyst in making Stargate a reality. The construction of data centers for the Stargate Project are already underway in Texas, according to Ellison.
Ascannio / Shutterstock
Over the years, Microsoft has reportedly invested nearly US$14 billion in OpenAI to help the small tech firm create its ultra-powerful AI chatbot.
As for how Microsoft could benefit from its investment in OpenAI, OpenAI officially licensed its technologies to Microsoft in 2020 in a then-exclusive partnership. Indeed, Pitchbook has described the deal as an “unprecedented milestone” for generative AI technology. Since then, Microsoft has made good use of OpenAI’s technology in developing new advancement in its Azure cloud computing business.
However, the relationship between the two has changed in recent months.
Notably, Microsoft is not a financier of the Stargate Project joint venture, and is instead just described as a technology partner. According to OpenAI’s press release, the new joint venture builds on its existing partnership with Microsoft.
Microsoft’s lack of a funding role in Stargate led some to wonder if the trillion-dollar tech firm had soured on its relationship with OpenAI. This conclusion was understandable given reports that Microsoft refused to make a bigger contribution than the US$750 million it invested during the OpenAI US$6.6 billion funding round in October 2024.
Additionally, Microsoft changed the contract between the two companies and is no longer the exclusive cloud provider for OpenAI, but has the right of first refusal for deals the AI firm may make with other cloud companies.
As Bloomberg technology reporter Dina Bass explained, Microsoft stands to benefit from its role as a technology partner without having to invest a dime into the project.
“Microsoft views the revised contract with OpenAI as advantageous, according to people familiar with the company’s thinking. The software giant retains its share of OpenAI’s revenue and is the largest investor in a company that may now become even more valuable — though the size of that stake could change as the startup works to restructure as a for-profit,” wrote Bass. “And Microsoft also still has access to OpenAI models, even if they’re trained in a data center funded by Softbank or Oracle.”
Yet, there are reports that Microsoft and OpenAI’s relationship is on the brink of a big breakup. The tech giant has been pushing for a much larger percentage of OpenAI’s revenues than the 20 percent it currently enjoys. According to the Wall Street Journal, OpenAI is considering making antitrust complaints about Microsoft to regulators even though the two companies are still undergoing high level discussions about the future of the partnership.
DIA TV / Shutterstock
OpenAI was founded in 2015 by Altman, its current CEO, as well as Tesla (NASDAQ:TSLA) CEO Elon Musk and other big-name investors, such as venture capitalist Peter Thiel and LinkedIn co-founder Reid Hoffman. Musk left his position on OpenAI’s board of directors in 2018 to focus on Tesla and its pursuit of autonomous vehicle technology.
A few days after ChatGPT became available for public testing, Musk took to X, formerly known as Twitter, to say, “ChatGPT is scary good. We are not far from dangerously strong AI.” That same day, he announced that X had shut the door on OpenAI’s access to its database so it could no longer use it for RLHF training.
His reason: “OpenAI was started as open-source & non-profit. Neither are still true.”
Furthering his feud with OpenAI, Musk filed a lawsuit against the company in March 2024 for an alleged breach of contract. The crux of his complaint was that OpenAI has broken the ‘founding agreement’ made between the founders (Altman, Greg Brockman and himself) that the company would remain a non-profit. Altman and OpenAI have denied there was such an agreement and that Musk was keen on an eventual for-profit structure.
Musk dropped the lawsuit three months later without giving a reason, reported Reuters. The day before he dropped the lawsuit, he reacted to the news that Apple (NASDAQ:AAPL) is partnering with OpenAI to incorporate ChatGPT with Apple devices. On X, Musk declared, ‘If Apple integrates OpenAI at the OS (operating system) level, then Apple devices will be banned at my companies. That is an unacceptable security violation.” It should be noted that OpenAI has said queries completed on Apple devices will not be stored by OpenAI. By August 2024, Musk had resumed his litigation in federal court.
It seems that the US government also has questions about the restructuring of the private company and the involvement of tech giant Microsoft, as reported by Bloomberg. In early January 2025, the Financial Press also reported the Federal Trade Commission (FTC) has raised questions about the potential anti-trust violations in the newly emerging AI technology space arising from Microsoft’s partnership with and investments in OpenAI.
Of course, Musk took to X to weigh in on the Stargate Project, suggesting OpenAI and its partners don’t actually have the US$500 million they’ve pledged to invest. Sam Altman was quick to reply, telling Musk he’s mistaken and inviting him to visit their data center under construction in Texas.
However, Musk is not alone in his skepticism. For example, Atreides Management Chief Investment Office Gavin Baker also questioned the deal on X. “Stargate is a great name but the $500b is a ridiculous number and no one should take it seriously,” Baker wrote, backing up his statement by explaining the financial positions of each of the partners. “Nowhere close to $500b. Everyone should just start issuing press releases for $1 trillion AI projects.”
While ChatGPT has served as a major step forward in generative AI technology, there are many technical and ethical concerns with the program that have emerged since it launched, including fears over job destruction and targeted disinformation campaigns.
Accuracy of information in ChatGPT’s answers is not guaranteed. Its selection of which words to string together are actually predictions — not as fallible as mere guesses, but still fallible. Even the 4.0 version is “still is not fully reliable (it “hallucinates” facts and makes reasoning errors),” says the company, which emphasizes that users should exercise caution when employing the technology.
Indeed, ChatGPT’s failings can have dangerous real-life consequences. Among other negative applications, the tech can be used to spread misinformation, carry out phishing email scams or write malicious code.
There’s also the fear among teachers that the technology is leading to an unwelcome rise in academic dishonesty, with students using ChatGPT to write essays or complete their homework.
“Teachers and school administrators have been scrambling to catch students using the tool to cheat, and they are fretting about the havoc ChatGPT could wreak on their lesson plans,” writes New York Times tech columnist Kevin Roose.
Many lawsuits against OpenAI have emerged as well. Multiple news outlets, including the the New York Times, have launched copyright lawsuits against OpenAI, and some of the plaintiffs are also seeking damages from the private tech firm’s very public partner Microsoft.
Additionally, the Authors Guild, which represents a group of prominent authors, launched a class-action lawsuit against OpenAI that is calling for a licensing system that would allow authors to opt out of having their books used to train AI, and would require AI companies to pay for the material they do use.
In October, OpenAI researcher Suchir Balaji blew the whistle on the company, reporting that the firm was violating US copyright laws. He died one month later in what was ruled a suicide, but the investigation is still open.
Cybersecurity risks are also a concern for ChatGPT users, and recent events along these lines add validity to Musk’s warning. For one, in 2024 ChatGPT for macOS was discovered to be breaching Apple’s security rules by storing data as plain text rather than encryption, making it possible for other apps to access.
What about the long-term goals for OpenAI and ChatGPT? For most of the tech leaders in this space, the end game is artificial general intelligence (AGI) — a system that can perform any function the human brain can, including self-teaching, abstract thinking and understanding cause and effect.
As uptake increases, AI technology is taking over the role of humans and will likely continue doing so in a number of fields, from content creation and customer service to transcription and translation services, and even in graphic design, software engineering and paralegal fields.
In addition to Microsoft’s use of the ChatGPT technology as part of Copilot, other companies are working with OpenAI to incorporate the technology into their platforms, including Canva, Duolingo (NASDAQ:DUOL), Expedia Group (NASDAQ:EXPE), Intercom, Salesforce (NASDAQ:CRM), Stripe, Tinder, Upwork (NASDAQ:UPWK) and Visa (NYSE:V).
For 2025, OpenAI is focusing on developing agentic AI capabilities into its ChatGPT platform. Agentic AI, a part of the evolution towards AGI, involves AI systems and models that can act autonomously and complete tasks without much human guidance. Early in January, OpenAI announced the rollout of new task features for ChatGPT Pro, Plus and Teams users. While still in the beta stage, these features allow users to schedule future tasks to be completed by ChatGPT, such as a weekly news brief or reminders about important meetings.
OpenAI first debuted its foray into agentic AI in September 2024 with the introduction of ChatGPT o1, stating ‘We’ve developed a new series of AI models designed to spend more time thinking before they respond.’ The release of the next iterations of this model, ChatGPT o3 mini and o4 mini happened in the first half of 2025.
The recent release of Chinese startup DeepSeek’s AI assistant may present a problem for OpenAI and the US tech industry as a whole. In what tech gurus like Marc Andreesen call AI’s Sputnik moment, DeepSeek unseated ChatGPT as the most downloaded free app in the Apple App Store, at reportedly a fraction of the cost. For reference, in 1957 the Soviets launched Sputnik, the earth’s first artificial satellite, beating out the United States and sparking a Cold War space exploration race between the two nations.
The DeepSeek launch set off a significant sell off in technology stocks on January 27, 2025, especially among the Magnificent Seven members, including NVIDIA, Microsoft and Alphabet (NASDAQ:GOOGL).
OpenAI stock is not currently publicly traded, and following the May 2025 decision to remain a non-profit, there are no signs of an on initial public offering (IPO) in the works for 2025. For now, investors can gain exposure through related tech companies discussed below.
Other than companies directly tied to generative AI technology, which stocks are likely to get a boost from generative AI advancements?
There are several verticals in the tech industry with indirect exposure to AI chatbot technology, such as semiconductors, network equipment providers, cloud providers, central processing unit manufacturers and internet of things.
Some of the publicly traded companies in these verticals include:
You can also take a look back at the market with our AI Market 2024 Year-End Review and AI Market Update: Q2 2025 in Review, or read projections for AI this year in our AI Market Forecast: 3 Top Trends that will Affect AI in 2025. Generative AI is also a major theme in the Top 10 Emerging Technologies to Watch.
OpenAI raised US$57.9 billion over 11 funding rounds from 2016 to March 2025.
Top investors include technology investment firm Thrive Capital, venture capital firm Andreessen Horowitz and revolutionary technology investment firm Founders Fund.
OpenAI has a market valuation of US$300 billion as of June 2025. The company’s annualized revenue reached the US$10 billion mark in June 2025, up from the US$5.5 billion achieved in December 2024.
ChatGPT’s distributed computing infrastructure depends upon powerful servers with multiple graphics processing units (GPUs). High-performance NVIDIA GPU chips are preferred for this application as they also provide excellent Compute Unified Device Architecture support.
DeepSeek is a Chinese AI company that launched new AI-driven, open-source language models known as DeepSeek-V3 and DeepSeek-R1 into the market in January 2025. Reuters reports that ‘the training of DeepSeek-V3 required less than $6 million worth of computing power from Nvidia H800 chips.’
DeepSeek-R1 is designed to compete with the performance of OpenAI-o1 across math, code, and reasoning tasks.
A University of Florida study from 2023 highlighted the potential for advanced language models such as ChatGPT to accurately predict movements in the stock market using sentiment analysis.
During the course of the study, ChatGPT outperformed traditional sentiment analysis methods, and the finance professors conducting the research concluded that “incorporating advanced language models into the investment decision-making process can yield more accurate predictions and enhance the performance of quantitative trading strategies.”
In June 2025, during an OpenAI podcast Sam Altman responded with, ‘Probably some time this summer,’ when asked about when the market can expect to see ChatGPT-5.
Previously, OpenAI filed a trademark application for ChatGPT-5 in mid-July 2023, which hinted that the next iteration of the generative AI technology is currently under development. There were rumors the company planned to complete training for ChatGPT-5 by the end of 2023, but this did not materialize. PC Guide noted in April 2024 that Sam Altman had teased an “amazing new model this year’ in an interview on the Lex Fridman podcast.
In November 2024, Altman confirmed that ChatGPT-5 wouldn’t likely hit the market until later in 2025 as the company switched its focus to ChatGPT o1 and its successors.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Fox Corp. will launch its direct-to-consumer streaming service, Fox One, on Aug. 21, ahead of the NFL season, the company said Tuesday.
The new streaming service will cost $19.99 per month, and pay TV subscribers will receive access for free, said CEO Lachlan Murdoch during the company’s earnings call.
Fox One will host the entirety of the Fox TV portfolio — namely, live sports such as NFL and MLB that appear on its broadcast network, as well as news programming from its Fox News and Fox Business cable TV networks.
Fox airs NFL games on Sundays during the regular season, which kicks off this year on September 4. The broadcast network also airs MLB postseason games, as well as college football, which also takes place in the fall.
However, the streaming service won’t offer any exclusive or original content, Murdoch said, adding that much of its costs will come from overhead, marketing and technology. This is in contrast to most of Fox’s competitors, which spend on additional sports rights and other content exclusive to streaming.
“It’s important to remember that our subscriber expectations or aspirations for Fox One are modest,” Murdoch said.
The company has been slower than its peers to jump into the streaming game. While it already has the Fox Nation service and Tubi, a free, ad-supported streaming app, it has yet to offer its full content slate in a direct-to-consumer offering.
Murdoch previously said the cost for the service would be “healthy and not a discounted price,” in an effort to avoid further disrupting the pay TV bundle, which has suffered continued customer losses.
Fox’s portfolio is mainly made up of sports and news content since it sold its entertainment assets to Disney in 2019. This has shielded Fox from some of the cord-cutting headwinds that have affected its media peers in recent years.
On Tuesday, Murdoch reiterated that the company will be looking to bundle Fox One with other streaming services. However, he said the company will be careful on that front, similarly so as not to cause further damage to the pay TV ecosystem.
He said Fox is mindful of two factors when it comes to bundling. First, to offer the consumer a convenient package of its content, and potentially valuable bundles. And second, to keep the service “very focused” on a “targeted audience” of those customers without pay TV subscriptions.
“Sometimes those two things conflict with each other. So we want to be very targeted, but we also want to make it easy for our consumers and our viewers to gain our content, whether it’s in conjunction with other services or not,” Murdoch said.
Earlier this year, Murdoch told investors that Fox would launch its own answer to streaming after dropping its efforts for the joint sports streaming venture, Venu.
It will be joined by a new streaming offering from Disney’s ESPN in the coming weeks. While Disney already offers the ESPN+ streaming service, the company will launch a full-service ESPN direct-to-consumer product this fall. Disney earlier said that the app will cost $29.99 a month. Disney reports its quarterly earnings on Wednesday.
On Tuesday, Fox reported total revenue for its most recent quarter of $3.29 billion, up 6% from the same period last year.
While the advertising market has been weak for media companies, particularly for content outside of live sports, Fox reported its advertising revenue increased 7%. The company said this was primarily due to growth from Tubi as well as “stronger news ratings and pricing,” despite a drag from the absence of major soccer events as compared to the year-earlier quarter.
Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S.
The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple’s commitment to a new “American Manufacturing Program,” a White House official confirmed to CNBC.
With the new pledge, Apple’s total investment in the U.S. over the next four years now totals $600 billion, the official said.
Bloomberg first reported Apple’s new investment pledge earlier Wednesday.
The meeting comes as Trump has pushed Apple to make its products in America — a feat that experts say would jack up prices by hundreds of dollars, if it can even be done at all.
Most of Apple’s flagship iPhones have been manufactured in China, though the company is moving some of its production to India.
Trump has complained about that plan. “We’re not interested in you building in India, India can take care of themselves … we want you to build here,” Trump said he told Cook in May.
On Wednesday, Trump announced he will double the U.S. tariff rate on Indian goods to 50%. Trump said he was raising the tariff because of India continuing to purchase Russian oil.
Trump had exempted smartphones, chips and other tech products from his early April “reciprocal” tariff plan, which slapped a 10% baseline duty on nearly the entire world and set significantly higher rates for dozens of individual countries.
That exemption still applied as of this week, following Trump’s executive order tweaking U.S. tariffs on a slew of countries.
And it appears to remain intact in Trump’s latest order ratcheting up tariffs on imports from India.
Apple declined CNBC’s request for comment.
— CNBC’s Steve Kovach contributed to this report.
A total of 22 mRNA vaccine development contracts totaling roughly $500 million have been canceled, the Department of Health and Human Services (HHS) announced Tuesday.
The mRNA investments were part of the government’s Biomedical Advanced Research and Development Authority (BARDA), a division of HHS that drives some of the country’s most advanced scientific research, such as the development of vaccines, drugs and other tools to fight national health threats. The termination of the 22 BARDA contracts follows a several-weeks-long internal review to determine a path forward when it comes to these investments.
‘We reviewed the science, listened to the experts, and acted,’ HHS Secretary Robert F. Kennedy Jr. said Tuesday. ‘BARDA is terminating 22 mRNA vaccine development investments because the data show these vaccines fail to protect effectively against upper respiratory infections like COVID and flu. We’re shifting that funding toward safer, broader vaccine platforms that remain effective even as viruses mutate.’
In a short video explaining the move, Kennedy said the benefits simply do not outweigh the risks associated with mRNA vaccines.
Kennedy went on to point out that not only do mRNA vaccines – as shown during the COVID-19 pandemic – not perform well against viruses that infect the upper respiratory tract, but they also do not defend against mutations of the viruses they are intended to go after.
‘This dynamic drives a phenomena called anogenic shift, meaning that the vaccine paradoxically encourages new mutations and can actually prolong pandemics as the virus constantly mutates to escape the protective effects of the vaccine,’ Kennedy said in the video.
For example, the HHS secretary pointed to the omicron variant of the COVID-19 virus, which infected many millions, including those who had been vaccinated against COVID.
‘A single mutation can make mRNA vaccines ineffective,’ Kebbedy added, noting that the same risks also apply to the flu virus.
The move to cancel the mRNA contracts under BARDA will not entirely cancel all mRNA vaccine research done by the government, a source familiar with the move indicated. In addition to allowing some final-stage contracts to run their course to completion in an effort to preserve prior taxpayer investments, ongoing mRNA research at the National Institutes of Health (NIH) will not be impacted by this latest move.
Meanwhile, in lieu of the terminated mRNA research and investments at BARDA, HHS will focus on ‘safer, broader vaccine strategies,’ Kennedy indicated.
‘To replace the troubled mRNA programs, we’re prioritizing the development of safer, broader vaccine strategies like whole virus vaccines and novel platforms that don’t collapse when viruses mutate,’ Kennedy said in his video explanation about the terminated mRNA investments.
During the video, Kennedy reiterated his support for ‘safe, effective vaccines’ for any American who wants them.
‘That’s why we’re moving beyond the limitations of mRNA for respiratory viruses and investing in better solutions.’
On Monday, Brazil’s Supreme Court ordered former President Jair Bolsonaro to be placed under house arrest amid ongoing legal proceedings over his alleged attempt to overturn the 2022 presidential election results.
The case has gripped the nation since its inception in 2023 and has intensified international scrutiny, especially as it unfolds under the authority of a Supreme Court justice recently sanctioned by the Trump administration in the United States.
Justice Alexandre de Moraes, who is overseeing the case, accused Bolsonaro, 70, of violating court-imposed restrictions.
According to the ruling, first reported by the Associated Press, Bolsonaro used a Sunday protest in Rio de Janeiro to publicly address supporters using a cellphone owned by one of his three sons, all of whom are lawmakers.
Bolsonaro’s brief message, ‘Good afternoon, Copacabana, good afternoon my Brazil, a hug to everyone, this is for our freedom,’ was deemed a violation of his release conditions.
Bolsonaro’s legal team announced plans to appeal, arguing that the statement was symbolic, not criminal, and did not justify additional restrictions.
The political stakes have now extended well beyond Brazil. The case triggered backlash from President Trump, a longtime Bolsonaro ally, who tied newly imposed U.S. tariffs on Brazilian imports to what he called an ongoing ‘witch hunt.’ His remarks have further strained the already delicate diplomatic relationship between the two nations.
In a pointed statement on X, the U.S. State Department’s Bureau of Western Hemisphere Affairs condemned the Brazilian court’s actions, writing: ‘Putting even more restrictions on Jair Bolsonaro’s ability to defend himself in public is not a public service. Let Bolsonaro speak!’
The bureau also warned that individuals involved in what it described as ‘sanctioned behavior’ would be held accountable.
The statement marked a sharp escalation, particularly as it followed closely on the heels of sanctions imposed by the U.S. Treasury Department, under Trump’s administration, against Justice de Moraes. He was designated a ‘U.S.-sanctioned human rights abuser’ and accused of weaponizing the judiciary to silence political opponents.
Secretary of the Treasury Scott Bessent accused de Moraes of leading an unlawful crackdown:
‘Alexandre de Moraes has taken it upon himself to be judge and jury in an unlawful witch hunt against U.S. and Brazilian citizens and companies. He is responsible for an oppressive campaign of censorship, arbitrary detentions, and politicized prosecutions—including those against former President Jair Bolsonaro,’ Bessent said.
These sanctions were imposed under Executive Order 13818, issued during Trump’s first term in 2017. The order declared a national emergency concerning global human rights abuses and corruption and expanded upon the Global Magnitsky Human Rights Accountability Act passed in 2016. The law empowers the U.S. government to impose financial and travel sanctions on foreign officials accused of human rights violations.
Despite growing international pressure, the Brazilian government has yet to issue a formal response.
Brazilian prosecutors allege that Bolsonaro led a coordinated effort to delegitimize, and ultimately overturn, the results of the 2022 election, including planning violent acts and even an alleged assassination plot targeting President Luiz Inácio Lula da Silva and Justice de Moraes. Bolsonaro lost the election by a narrow margin.
A panel of Supreme Court justices accepted the charges in March, ultimately ordering Bolsonaro to stand trial. Monday’s house arrest ruling builds on earlier restrictions: an ankle monitor, a nighttime curfew, and a travel ban keeping the former president confined to Brasília despite his deep political roots in Rio de Janeiro.
A former army captain and deeply polarizing figure, Bolsonaro now joins a short but consequential list of former Brazilian presidents arrested since the country’s return to democracy in 1985, a system he has frequently criticized and linked to the military dictatorship he once praised.
Justice de Moraes, defending the court’s decision, wrote: ‘The judiciary will not allow itself to be mocked. Justice applies equally to everyone. A defendant who knowingly violates precautionary measures—especially for the second time—must face legal consequences.’
Fox News’ Alec Schemmel and The Associated Press contributed to this report.
Stepheny Price is a writer for Fox News Digital and Fox Business. She covers topics including missing persons, homicides, national crime cases, illegal immigration, and more. Story tips and ideas can be sent to stepheny.price@fox.com
Rep. Marjorie Taylor Greene, R-Ga., is urging that President Donald Trump commute former Rep. George Santos’ seven-year sentence, calling the punishment ‘a grave injustice’ and an ‘abusive overreach by the judicial system.’
The former New York congressman was sentenced to 87 months, or just over seven years, after pleading guilty in 2024 to wire fraud and aggravated identity theft. Santos reported to prison on July 25 to begin serving his sentence.
Santos was assessed the maximum sentence in April by U.S. District Judge Joanna Seybert. He was also ordered to pay nearly $374,000 in restitution and forfeit more than $205,000 in fraud proceeds.
Santos’ guilty plea followed an investigation into campaign finance fraud, donor identity theft and false COVID-era unemployment claims.
On Monday, Greene said in a post on X that she sent a letter to the Office of the Pardon Attorney urging Trump to commute Santos’ sentence.
‘A 7-year prison sentence for campaign-related charges is excessive, especially when Members of Congress who’ve done far worse still walk free,’ she wrote in the post. ‘George Santos has taken responsibility. He’s shown remorse. It’s time to correct this injustice. We must demand equal justice under the law!’
Greene addressed her letter to the Honorable Edward R. Martin Jr., pardon attorney for the U.S. Department of Justice (DOJ), and she acknowledged the gravity of the actions by her former colleague.
‘As a Member of Congress, I worked with Mr. Santos on many issues and can attest to his willingness and dedication to serve the people of New York who elected him to office,’ she wrote. ‘He is sincerely remorseful and has accepted full responsibility for his actions. Furthermore, my office has spoken with a pastor of his who discussed the regret and remorse of Mr. Santos, agreeing that the sentence imposed is a grave injustice.
‘While his crimes warrant punishment, many of my colleagues who I serve with have committed far worse offenses than Mr. Santos yet have faced zero criminal charges,’ Greene continued. ‘I strongly believe in accountability for one’s actions, but I believe the sentencing of Mr. Santos is an abusive overreach by the judicial system.’
Prosecutors shared how Santos and his campaign treasurer, Nancy Marks, doctored donor reports to qualify for national Republican Party funding. They fabricated contributions from Santos’ family and falsely reported a $500,000 loan from Santos, though he had under $8,000 in his accounts.
He also stole credit card information from donors, including ‘victims he knew were elderly persons suffering from cognitive impairment or decline’ and made unauthorized charges to fund both campaign and personal expenses, according to the DOJ. Santos also used a fake political fundraising company to solicit tens of thousands of dollars, which he spent on ‘designer clothing.’
During the pandemic, Santos fraudulently claimed over $24,000 in unemployment benefits while employed at an investment firm. He also submitted false congressional financial disclosures to the House.
Santos was elected in 2022 after flipping New York’s 3rd District for the GOP. His resumé was easily debunked. He falsely claimed academic degrees, Wall Street jobs and family ties to the Holocaust and 9/11.
He was expelled from Congress in December 2023 after a scathing ethics report, becoming just the sixth member ever removed from the People’s House.
Santos has remained publicly active after his sentencing, selling video messages on Cameo and making social media posts.
Unless pardoned, Santos is expected to remain incarcerated until at least early 2032. He has reportedly appealed to President Donald Trump for clemency.
Greene and the White House did not immediately respond to Fox News Digital’s request for comment.
Fox News Digital’s Jasmine Baehr contributed to this report.
Lockheed Martin is designing a space-based missile interceptor and aims to test the technology for potential integration into President Donald Trump’s ‘Golden Dome’ defense shield within the next three years.
The defense contractor revealed this week that it hopes to test a satellite defensive weapon capable of destroying hypersonic missiles by 2028.
If successful, this would mark the first time in history the United States has deployed interceptors in space to destroy enemy missiles before they reach the homeland. Lockheed is still weighing different technologies, ranging from lasers to kinetic satellites that could maneuver and strike high-speed targets in flight.
‘We have missile warning and tracking satellites made by Lockheed Martin in orbit today that provide timely detection and warning of missile threats,’ said Amanda Pound, mission strategy and advanced capabilities director at Lockheed Martin Space, told Fox News Digital.
‘We are committed to making space-based interceptors for missile defense a reality, leveraging our decades of experience, investments, and industry partnerships, to be ready for on orbit testing in 2028.’
Lockheed’s space interceptor project directly supports Trump’s ‘Golden Dome for America’ initiative, first unveiled in May 2025. The ambitious missile defense concept calls for a global constellation of satellites armed with sensors and interceptors, designed to detect, track and eliminate advanced missile threats – including hypersonic and ballistic weapons – before they can strike U.S. soil.
The idea echoes President Ronald Reagan’s 1983 Strategic Defense Initiative, often dubbed ‘Star Wars,’ which was dismissed at the time as science fiction. But today, the technologies once seen as far-fetched are rapidly advancing, according to defense leaders.
Gen. Michael Guetlein, appointed by the Trump administration to head Golden Dome, emphasized that key components of the system already exist, expressing confidence in achieving a test-ready platform by 2028. Still, it’s no easy feat.
‘Intercepting a missile in orbit is a pretty wicked hard problem physics‑wise,’ said Jeff Schrader, vice president of Lockheed’s space division. ‘But not impossible,’ he added, noting breakthroughs in maneuverability and guidance systems.
Analysts caution that to make the Golden Dome vision a reality, the U.S. may need to launch thousands of interceptors into orbit. Some have compared it to the Cold War–era ‘Brilliant Pebbles’ program, which proposed a similar space-based missile shield but was eventually shelved due to skyrocketing costs and technical hurdles.
Golden Dome is currently projected to cost $175 billion, with $25 billion already approved by Congress. But long-term estimates range anywhere from $161 billion to over $830 billion over two decades – raising questions about the program’s affordability and long-term sustainability.
Meanwhile, Lockheed is bolstering ground-based missile defense systems to complement the orbital layer. In March 2025, the company’s Aegis Combat System aboard the USS Pinckney successfully simulated the interception of hypersonic medium-range missiles during the FTX-40 exercise, codenamed Stellar Banshee.
The company is also advancing infrared seeker technology for interceptors, which would enhance the tracking and targeting of fast-moving missiles in their terminal phase.
Lockheed remains a central player in the Pentagon’s broader missile defense and hypersonic weapons development effort. It is the prime contractor for the Next Generation Interceptor (NGI), which is targeting an initial operating capability by the end of fiscal year 2028.
Simultaneously, the company is fulfilling Navy contracts for its Conventional Prompt Strike (CPS) hypersonic weapons system. Sea-based deployment of CPS is expected to begin between 2027 and 2028.
President Trump has publicly stated he wants Golden Dome operational by the end of his term. But industry officials warn that supply chain limitations and the Pentagon’s slow-moving procurement system make full deployment by 2029 unlikely.
Republican Rep. Marjorie Taylor Greene of Georgia asserted that she is ‘radically AMERICA FIRST,’ shaming those who are not and labeling them as ‘the enemy.’
The congresswoman said that the nation is ‘falling apart.’
‘I’m America First. Maybe even America only. I don’t care if you call me an isolationist. America is our home. And it’s falling apart,’ she wrote on social media.
‘When my children’s generation are buried in credit card debt, student loan debt, can’t afford rent, can’t afford car insurance, health insurance, and feel like they will never be able to afford to buy a home, Yes. I’m unapologetically and radically AMERICA FIRST. AND SHAME ON EVERYONE ELSE WHO IS NOT. As a matter of fact YOU are the problem. YOU are the enemy. As a mother, I can’t see it any other way,’ she declared.
Greene has been expressing frustration with the GOP.
‘I don’t know if the Republican Party is leaving me, or if I’m kind of not relating to Republican Party as much anymore,’ she told the Daily Mail.
‘I think the Republican Party has turned its back on America First and the workers and just regular Americans,’ Greene said, according to the outlet.
She has served in the U.S. House of Representatives since 2021.
