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Judge Denies Musk’s Request to Block OpenAI’s For-Profit Plan
  • Business

Judge Denies Musk’s Request to Block OpenAI’s For-Profit Plan

alishpagda08@gmail.com6 months ago04 mins

In November, Elon Musk asked a federal court to block OpenAI’s plan to transform itself from a nonprofit into a purely for-profit company. On Tuesday, a federal judge in San Francisco denied Mr. Musk’s request, calling it “extraordinary.” But the court allowed Mr. Musk to proceed with other aspects of a lawsuit he filed last…

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Judge Denies Musk’s Request to Block OpenAI’s For-Profit Plan
  • Science & Tech

Judge Denies Musk’s Request to Block OpenAI’s For-Profit Plan

alishpagda08@gmail.com6 months ago04 mins

In November, Elon Musk asked a federal court to block OpenAI’s plan to transform itself from a nonprofit into a purely for-profit company. On Tuesday, a federal judge in San Francisco denied Mr. Musk’s request, calling it “extraordinary.” But the court allowed Mr. Musk to proceed with other aspects of a lawsuit he filed last…

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Mira Murati, OpenAI’s Former Chief Technology Officer, Starts Her Own Company
  • Science & Tech

Mira Murati, OpenAI’s Former Chief Technology Officer, Starts Her Own Company

alishpagda08@gmail.com7 months ago04 mins

Mira Murati, the former chief technology officer of OpenAI who unexpectedly left the company in September, has helped found a new artificial intelligence start-up called Thinking Machines Lab, adding to the wave of young companies that have been formed in the race to lead A.I. Thinking Machines Lab aims to “make A.I. systems more widely…

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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
  • Science & Tech

OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company

alishpagda08@gmail.com7 months ago03 mins

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…

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Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
  • Business

Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission

alishpagda08@gmail.com7 months ago05 mins

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…

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OpenAI Questions Rationale of Elon Musk’s Bid to Control the Company
  • Science & Tech

OpenAI Questions Rationale of Elon Musk’s Bid to Control the Company

alishpagda08@gmail.com7 months ago07 mins

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…

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Elon Musk Leads Bid to Buy OpenAI for .4 Billion
  • Science & Tech

Elon Musk Leads Bid to Buy OpenAI for $97.4 Billion

alishpagda08@gmail.com7 months ago04 mins

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….

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At A.I. Summit in Paris, a Push for Innovation Before Regulation
  • Science & Tech

At A.I. Summit in Paris, a Push for Innovation Before Regulation

alishpagda08@gmail.com7 months ago011 mins

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…

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How Sam Altman Sidestepped Elon Musk to Win Over Donald Trump
  • Science & Tech

How Sam Altman Sidestepped Elon Musk to Win Over Donald Trump

alishpagda08@gmail.com7 months ago021 mins

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…

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SoftBank in Talks to Invest Up to  Billion in OpenAI
  • Business

SoftBank in Talks to Invest Up to $25 Billion in OpenAI

alishpagda08@gmail.com7 months ago06 mins

OpenAI, the San Francisco artificial intelligence company that has been on a yearslong money-raising frenzy, is in talks with the Japanese conglomerate SoftBank for an investment up to $25 billion, according to three people familiar with the negotiations. Some of that money could be used to cover OpenAI’s commitment to Stargate, the $100 billion data…

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