OpenAI’s board of directors on Friday rejected a $97.4 billion bid by Elon Musk and a consortium of investors to gain control of the artificial intelligence company, deepening a feud between Mr. Musk and OpenAI’s chief executive, Sam Altman. In a statement, Bret Taylor, the chairman of the OpenAI board, said, “OpenAI is not for…
Elon Musk said in a court filing late Wednesday that he would withdraw his $97.4 billion bid to control OpenAI if the company dropped a longstanding effort to change its corporate structure. Mr. Musk and a consortium of investors had offered on Monday to buy the assets of the nonprofit that controls OpenAI, escalating a…
OpenAI’s board of directors on Wednesday questioned the rationale of a $97.4 billion bid from Elon Musk and others to gain control of the high-profile artificial intelligence company. On Monday, a consortium of investors led by Mr. Musk offered to buy the assets of the nonprofit that controls the company, escalating a yearslong feud between…
A group of investors led by Elon Musk has made a $97.4 billion bid to buy the nonprofit that controls OpenAI, according to two people familiar with the bid, escalating a yearslong tussle for control of the company between Mr. Musk and OpenAI’s chief executive, Sam Altman. The consortium includes Vy Capital and Xai, Mr….
An artificial intelligence race is heating up between the United States and China — but don’t count Europe out. That is the case President Emmanuel Macron of France made this week as his country hosts an A.I. summit in Paris, where government leaders, top tech executives and academic experts gathered on Monday to discuss the…
At President Trump’s inauguration, Sam Altman, the chief executive of OpenAI, was relegated to the overflow room while other tech billionaires like Elon Musk and Mark Zuckerberg took prime spots on the dais under the Capitol rotunda. But days earlier, before flying into Washington, Mr. Altman was on the phone with Mr. Trump, preparing an…
OpenAI is set to complete a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just four months ago. The new fund-raising round, led by the Japanese conglomerate SoftBank, values OpenAI at $300 billion, according to three people with knowledge of the deal who spoke on the condition of anonymity. The deal…
Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube | iHeartRadio This week, we’re joined by the Times reporter Jonathan Swan to discuss Elon Musk’s tech takeover of Washington, D.C. Then, Liz Pelly, author of a new book about Spotify, stops by to discuss “ghost musicians” and how Spotify’s algorithms are reshaping…
A week ago, OpenAI released a tool that can go online to shop for groceries or book a restaurant reservation. Now it is offering A.I. technology that can gather information from across the internet and synthesize it in concise reports. OpenAI unveiled the new tool, called Deep Research, with a demonstration on YouTube on Sunday,…
Ask typical corporate executives about their goals in adopting artificial intelligence, and they will most likely make vague pronouncements about how the technology will help employees enjoy more satisfying careers, or create as many opportunities as it eliminates. A.I. will “help tackle the kind of tasks most people find repetitive, which frees up employees to…