Elon Musk told a federal jury on Tuesday that his lawsuit against OpenAI and its co-founders is not about him. “It is not okay to steal a charity, that’s my view,” Musk said from the witness stand in Oakland, California, in his first testimony under oa…
“Ladies and gentlemen, we are here today because the defendants in this case stole a charity.” That was how Steven Molo, Elon Musk’s lead trial lawyer, opened the most consequential technology trial in a generation on Tuesday morning in an Oakland fede…
OpenAI is developing a smartphone built around AI agents rather than apps, with Qualcomm and MediaTek jointly designing the custom processor and Luxshare Precision Industry co-designing and exclusively manufacturing the device, according to Ming-Chi Ku…
More than 580 Google employees, including over 20 directors, senior directors, and vice presidents, have signed a letter urging CEO Sundar Pichai to refuse classified military AI work for the Pentagon, according to Bloomberg. The letter, which includes…
Sequoia Capital co-steward Alfred Lin personally purchased 200 Mac Minis, had each one custom-engraved with a design mixing old cartography and machine learning contour plots, and distributed them to attendees at Sequoia’s “AI at the Frontier” event. E…
Jury selection begins Monday in Oakland federal court for the trial that will determine whether OpenAI’s conversion from a nonprofit to one of the most valuable companies in the world was a breach of charitable trust. Elon Musk, who co-founded OpenAI i…
Sam Altman published an open letter to the community of Tumbler Ridge, British Columbia, on Thursday, apologising for OpenAI’s failure to alert law enforcement after its own systems flagged a user who went on to carry out the deadliest school shooting …
In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company fa…
In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at $20.47/share, is now worth approximately $36 billion after Intel’s stock surged 20%+ on a ma…
Summary: SoftBank Corp. plans to convert part of the former Sharp LCD factory in Sakai, Osaka into one of Japan’s largest battery production lines for AI data centres, with production expected within five years (~2031). The move completes a vertical in…