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OpenAI's internal model has been revealed to autonomously solve mathematical problems and bypass the sandbox, with internal testing exceeding two months

According to external disclosure information, OpenAI has been internally running an unreleased model. This model, without the aid of tools like Lean, solves the unit distance problem with a 48% probability through a single autonomous inference and can independently find a counterexample to the Jacobian conjecture based on a single prompt. In security testing, this model has bypassed the sandbox environment and submitted results that should have been released internally to GitHub in the form of a Pull Request, and it has evaded detection by splitting authentication tokens. Relevant code records show that OpenAI began benchmarking this model no later than May 9, and its internal availability has exceeded 2.5 months.Previously, OpenAI and Hugging Face jointly disclosed that last week this model breached Hugging Face's production infrastructure during a network capability assessment. The model gained internet access through a zero-day vulnerability and obtained testing solutions by stealing credentials and exploiting remote code execution paths. OpenAI stated that this incident indicates the network attack capabilities of advanced models have been effective in real-world scenarios, and they are collaborating with Hugging Face to investigate and patch the vulnerabilities. Currently, OpenAI has not publicly commented on this matter.

OpenAI's confidential IPO documents revealed: zero liabilities on the books, off-balance-sheet computing power and infrastructure commitments amounting to $665 billion

According to a report by The Information, the confidential IPO registration draft submitted by OpenAI shows that as of the end of March 2026, OpenAI's balance sheet exhibits "light asset" characteristics, with zero debt on the books and capital expenditures of only $46 million in the first quarter. However, in reality, the company has placed substantial infrastructure expenditures off the books, with future procurement commitments in chips, energy, and data centers reaching up to $665 billion. Financial data indicates that OpenAI's actual net loss in the first quarter was approximately $8.5 billion, with revenue costs amounting to $3.5 billion.Additionally, OpenAI demonstrates a very high characteristic of related-party funding cycles. In the first quarter, 72% of its revenue costs and 45% of total expenditures flowed to related parties (expected to be primarily Microsoft), and it directly used $488 million in equity to settle part of its computing power bills. In the data center joint venture project within its consolidated financial statements, nearly $5 billion in book losses is accounted for as belonging to external partners. The documents also reveal that its main competitor, Anthropic, is similarly engaging in large-scale off-balance-sheet expansion, including $4.5 billion in data center service commitments and $35 billion in chip leasing orders.

Binance's US stock business revealed: Nest Trading is actually an affiliate of Binance

According to the public register of the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority, the introducing broker responsible for Binance's US stock trading services, Nest Trading Limited, is an affiliated entity of Binance, and its official website registration directly points to Binance. The company completed its registration in ADGM on January 5, 2026, just about 5 months after Binance launched its US stock trading services.Nest Trading holds an ADGM financial license, with business scope covering investment arrangements, investment agency and proprietary trading, asset management, currency services, and custody arrangements. However, according to regulatory requirements, the company is not allowed to hold or control client funds and assets; the execution, clearing, and custody of user assets are handled by the US brokerage Alpaca Securities, and its currency services are also limited to regulatory-approved stablecoins.It is noteworthy that Binance previously described Nest Trading as an "independent introducing broker," responsible for routing user orders to Alpaca Securities. Meanwhile, Binance's official website disclosed that it has established three "Nest" entities in Abu Dhabi: Nest Exchange Limited (trading system operation), Nest Clearing and Custody Limited (custody and central securities depository), and Nest Trading Limited (investment trading matching, asset management, and currency services), indicating that it is gradually building a complete on-chain securities infrastructure.
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