First it was the release of GPT-5 that OpenAI “totally screwed up,” according to Sam Altman. Then Altman followed that up by saying the B-word at a dinner with reporters. “When bubbles happen, smart people get overexcited about a kernel of truth,” The Verge reported on comments by the OpenAI CEO. Then it was the…
Oracle founder Larry Ellison, who once mocked cloud computing as “complete gibberish,” is now the second-richest person on Earth, overtaking Amazon’s Jeff Bezos and Meta’s Mark Zuckerberg. With a net worth of $288 billion, he is behind Elon Musk who has a net worth of $3379 billion, as per Bloomberg Billioniare Index. The reason: Oracle’s…
This article first appeared on GuruFocus. Elon Musk wanted back in. This time, through the front doorand with $97.4 billion behind him. According to newly revealed court filings, Musk tried to recruit none other than Mark Zuckerberg to help bankroll an audacious, unsolicited bid to buy OpenAI. The Meta (NASDAQ:META) CEO didn’t bite. Neither Zuckerberg…
Elon Musk and Mark Zuckerberg don’t have the friendliest of history, but you must have heard the saying that the enemy of my enemy is my friend, and that stands true here. Court filings revealed that Musk approached Meta CEO Zuckerberg to help finance his $97.4 billion bid to acquire OpenAI in February, despite their…
OpenAI is asking Meta to produce evidence related to any coordinated plans with Elon Musk and xAI to acquire or invest in the ChatGPT-maker. The request was made public in a brief filed Thursday in Elon Musk’s ongoing lawsuit against OpenAI. Lawyers representing OpenAI said they subpoenaed Meta in June for documents related to its…
Good morning. And strap in if you own major tech stocks. The tech-heavy Nasdaq closed yesterday down 1.4% in the biggest one-day drop in three weeks. Nvidia dropped 3.5%. Palantir sunk 9.4%. Arm was down 5%. AMD was down 5.4%. The pain wasn’t limited to one exchange or market, either. NYSE-listed Oracle was down 5.9%….
OpenAI CEO Sam Altman has issued a stark warning that America may be underestimating the complexity and seriousness of China’s advancements in artificial intelligence. During a rare on-the-record briefing with a small group of reporters, Altman said that relying on export controls alone is likely not a reliable solution to the geopolitical AI race. “I’m…
Zoë Schiffer: Right. I love how you said that. Yeah, basically, if you want to potentially try and curry favor with Trump, you buy into one of these schemes, and maybe you’ll get invited to a fancy crypto dinner, which has happened before. Maybe you get something else. But even just the optics here are…
The OpenAI CEO is challenging his former friend, one company at a time. Twitter, Tesla and even Neuralink are in his sights. Over the last year, the feud between Silicon Valley heavyweights Sam Altman and Elon Musk has devolved into personal attacks, social media swipes, and lawsuits. Musk calls his foe Scam Altman and Swindly…
The ChatGPT mobile app is reportedly earning more than six times as much revenue as it did last year. The artificial intelligence (AI) chatbot app for iOS and Android devices has made $1.35 billion this year, through July, up from the $174 million it made during the same seven-month period in 2024, TechCrunch reported Friday (Aug. 15), citing data from Appfigures. The second-ranked app…