The unsolicited $97.4B bid by an Elon Musk-led group for the non-profit entity that controls generative artificial intelligence darling OpenAI will be entirely made up of cash, according to the letter ...
Tech billionaire Elon Musk’s bid to take control of OpenAI is fanning the flames of a longtime feud with co-founder and CEO Sam Altman and complicating the path forward for the popular ChatGPT-maker.
Wedbush views the unsolicited $97.4B bid by a group led by Elon Musk for the non-profit that controls OpenAI, aimed to slow down the startup's capital raising process.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
Musk, who owns xAI, put in a $97.4 billion bid for his rival OpenAI, which Altman rejected. Musk has a number of lawsuits against OpenAI, and he accuses the company of reneging on a previous ...
Chinese AI startup DeepSeek's release of new AI models spurred a selloff in U.S. tech stocks, but some investors think the competitive concerns may be overblown.
Wedbush Securities on Friday raised its price target ... What Happened: Oklo, backed by OpenAI CEO Sam Altman, is developing nuclear fission power plants to provide energy at scale.
DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities analyst Dan Ives pegged at only $6 million. By comparison, OpenAI ...
Stocks tumbled after a Chinese AI startup said its models can compete with the likes of ChatGPT and other U.S.-based models at a fraction of the cost.
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.