It highlights a new privacy challenge for Meta: not in the data that it collects, but how people use its AI glasses in public.

In 2016, Fortune cautioned investors of a tech IPO reckoning. A decade on, the warning is worth heeding once more as a new set of companies chase a trillion-dollar debut.

In an open letter, Nvidia, Meta, OpenAI, Microsoft, and dozens of other AI companies speak out about the importance of access to the latest models—no matter where they’re from.

Over the last decade, including a stint on OpenAI’s board, I saw the open secret among AI developers: this kind of hack wasn’t just possible, but expected.

From skipping files to deleting databases, AI agents are increasingly cutting corners or acting outside their instructions.

“It’s the first time in like more than a decade I’ve thought about what is the next thing,” the OpenAI CEO said.