Topic
AI Industry
19 stories related to this topic, newest first.
foxbusiness.compolitics20 days ago
Anthropic Confidentially Files for IPO as It Prepares to Enter Public Markets
Anthropic confidentially filed for an IPO on Monday, becoming the third company to install investor-overriding mission guardians in a for-profit structure. A new Harvard Law paper analyzes risks using the Ben & Jerry’s and OpenAI cases.
The Bbcworld33 days ago
AI Trial Ends With Technical Ruling on Musk Lawsuit
A California court ruled against Elon Musk in his lawsuit against OpenAI. The case revealed internal tensions among AI company leaders.
saastr.comfinance45 days ago
S&P 500 Earnings Growth Projected at 24.6 Percent in First Quarter
U.S. companies are reporting first-quarter earnings that exceed consensus estimates across all metrics. S&P 500 earnings growth is projected to rise from 13.4 percent in the fourth quarter to 24.6 percent. Deutsche Bank raised its 2026 earnings-per-share forecast from $320 to $34…
app.buzzsumo.comfinance47 days ago
Greg Brockman Testifies in Elon Musk Lawsuit Against OpenAI
The federal trial pitting Elon Musk against OpenAI and its leaders entered its second week, with president Greg Brockman confirming his personal stake in the company is worth roughly $30 billion. Musk seeks to unwind OpenAI's for-profit structure and remove top executives. The ca…
under30ceo.comai48 days ago
Musk Lawyers Question OpenAI Co-Founder Brockman on Finances in Trial
In a federal trial between Elon Musk and OpenAI, Musk's legal team questioned Greg Brockman, the startup's president and co-founder, about his personal finances. The questioning implied Brockman prioritized wealth over safe AI development. The trial entered its second week on Mon…
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businesstoday.intechnology48 days ago
Elon Musk Texted OpenAI's Greg Brockman on Settlement Before Trial
Elon Musk sent texts to OpenAI co-founder Greg Brockman urging a settlement just before their lawsuit trial began, warning of reputational damage. OpenAI claims the messages show Musk's attempt to coerce a deal amid rivalry with his own AI company. The trial in Oakland examines O…
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Wiredpolitics48 days ago
OpenAI Sued Over Alleged Deviation From Nonprofit Mission in Brockman Testimony
OpenAI President Greg Brockman testified that his equity stake in the company is worth up to $30 billion, defending his compensation amid Elon Musk's lawsuit accusing company leaders of abandoning its nonprofit mission. The trial in Oakland examines OpenAI's shift to a for-profit…
under30ceo.comfinance51 days ago
Elon Musk Testifies in Trial Over OpenAI's Shift from Nonprofit Mission
During his testimony in the ongoing lawsuit against OpenAI and its CEO Sam Altman, Elon Musk described most cryptocurrencies as scams. The trial, taking place in an Oakland courthouse, stems from disputes over OpenAI's shift from a nonprofit to a for-profit entity. Musk seeks to…
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The Guardianfinance52 days ago
King Charles Visits Washington
King Charles met with President Trump in Washington this week, addressing Congress and emphasizing alliances amid ongoing conflicts in Ukraine and Iran. The visit highlighted diplomatic efforts to ease frictions over military support and executive power. Trump praised the monarch…
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+10under30ceo.comai52 days ago
Elon Musk Testifies in OpenAI Lawsuit Over Shift From Nonprofit
Elon Musk testified for a second day in a federal trial in Oakland, California, accusing OpenAI CEO Sam Altman of betraying the company's founding nonprofit mission. Musk, who co-founded OpenAI in 2015 and invested $38 million, claims the shift to a for-profit entity violated ini…
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rte.ieai53 days agoUpdated
Documents Unsealed in Musk v. Altman OpenAI Founding Lawsuit
The jury trial in Elon Musk's lawsuit against Sam Altman, Greg Brockman, and Microsoft over OpenAI's mission began on Monday in a California federal court. Exhibits including emails and documents from 2015 detail early plans for the AI lab, its governance, and funding.
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BBC Newsai53 days ago
Trial Begins in Lawsuit Over OpenAI's Shift to For-Profit
Elon Musk testified in a California federal court trial accusing OpenAI and CEO Sam Altman of breaching the company's founding non-profit mission by converting to a for-profit entity. The lawsuit also names OpenAI co-founder Greg Brockman and investor Microsoft, seeking to revert…
under30ceo.comai49 days agoUpdated
Elon Musk's Lawsuit Against OpenAI Proceeds to Trial
Elon Musk accused OpenAI CEO Sam Altman of breaching the company's original nonprofit mission during opening testimony in a federal trial. The case examines OpenAI's shift to a commercial structure and involves claims of unjust enrichment. A verdict is expected in late May.
pandaily.comfinance54 days ago
Autonomous Vehicle Experience Valued in Robotics Startups, Executives Say
Startup CEOs in the robotics industry report that experience from the autonomous vehicle sector provides transferable skills for robotics development. Executives highlighted similarities in development cycles, from data collection to real-world deployment. Attendees at a recent i…
Nbc Newsai54 days ago
Elon Musk Testifies in OpenAI For-Profit Shift Trial
Elon Musk testified in a federal trial against OpenAI and CEO Sam Altman, accusing them of abandoning the company's nonprofit mission. He cited meetings with Barack Obama and Larry Page to underscore his AI safety concerns. The case, filed in 2024, seeks over $100 billion in dama…
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Techcrunchai54 days agoUpdated
Elon Musk Testifies in OpenAI Nonprofit Status Trial
Elon Musk took the stand as the first witness in his lawsuit against OpenAI CEO Sam Altman, alleging the company deviated from its nonprofit founding mission. The trial, which began with opening arguments in Oakland, California, follows jury selection on Monday and could influenc…
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medianama.comfinance55 days agoUpdated
OpenAI Falls Short of User and Revenue Goals
OpenAI has fallen short of its own projections for new users and revenue, prompting internal concerns about the sustainability of its data center investments. Company leaders, including the CFO and board, have questioned the large-scale spending in light of slowing growth. The de…
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koreaherald.comfinance55 days ago
AI Industry Invests $400 Billion in Data Centers in 2025 Amid Ongoing Profit Challenges
The AI sector invested $400 billion in data centers last year, yet no major companies achieved profitability from these investments. Nvidia shipped about 10 gigawatts of GPUs in 2025, exceeding Goldman Sachs' estimate of 7.7 gigawatts in available capacity for AI data centers. Th…
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Substrate placeholder — needs reviewai65 days ago
Two OpenAI Leaders Depart Amid Ongoing Reorganization
OpenAI's head of science initiatives and the leader of its Sora AI video team are leaving the company. These departures add to a series of recent exits. The company is reorganizing its product portfolio.
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