A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release. The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could slow…
Elon Musk is suing Apple and OpenAI over claims that their deal to build ChatGPT into the iPhone is stifling competition in the AI industry. In a lawsuit filed on Monday, the Musk-owned X Corp. and xAI also accuse Apple’s Apple Store of “deprioritizing” rival chatbots and “super” apps, including Grok and X. Musk’s companies…
OpenAI chief executive Sam Altman proposed a multibillion-pound deal to the UK’s technology secretary, offering premium access to ChatGPT Plus for the entire country, according to a report by The Guardian. Altman met UK technology secretary Peter Kyle — a vocal supporter of artificial intelligence (AI) — in San Francisco between March and April, discussing…
OpenAI, the company behind popular generative AI chatbot ChatGPT, has warned its investors that they could lose their investment or may not see any returns in a post-AGI world. The company further stated that it may be difficult to know what kind of role money will play in a world where AGI has been achieved….
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%….