Anthropic and OpenAI Warn Buyers: Unauthorized AI Startup Shares May Be Worthless
Both companies declared SPV-based share schemes invalid this week—and Anthropic named names, including Forge Global.
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The post Musk’s AI Ambitions Face Pressure as Grok Struggles to Keep Pace appeared on BitcoinEthereumNews.com. Grok downloads fell from more than 20 million in January to around 8.3 million in April. Only 0.174% of surveyed US AI users said they paid for Grok in Q2 2026. Enterprise adoption of Grok remains weak as Anthropic’s Claude and Google’s Gemini grow. Elon Musk launched Grok in late 2023 with plans to challenge OpenAI, Anthropic, and Google in the AI market. Two years later, the numbers show the gap is widening instead of closing. New market data compiled by the Wall Street Journal points to slowing user growth, weak paid adoption, and limited enterprise traction as rivals rapidly expand across both consumer and business markets. At the same time, Musk’s own companies are now selling critical computing power to competitors instead of using it entirely for Grok’s development. Grok Downloads Collapse After January Spike Grok briefly captured major attention earlier this year after
Read full articleBoth companies declared SPV-based share schemes invalid this week—and Anthropic named names, including Forge Global.
OpenAI's CEO recalls a "particularly hair-raising" conversation with the SpaceX founder.
The company named Open Doors Partners, Unicorns Exchange, Pachamama Capital, Lionheart Ventures, Hiive, Forge Global, Sydecar and Upmarket as companies that are not authorized to provide access to buy or sell its shares.
As you have seen, (AL article), Anthropic has today formally launched Claude for Legal. Here is the full Artificial Lawyer interview with Mark Pike, Anthropic ...
OpenAI CEO Sam Altman says Elon Musk did "huge damage" to the culture of the AI startup. During testimony as part of Musk's lawsuit against OpenAI, Altman said Musk required OpenAI president Greg Brockman and former chief scientist Ilya Sutskever to rank researchers by their accomplishments and "take a chainsaw through a bunch." Altman conceded that this was the management style the Tesla CEO was known for, but that it was incompatible with his startup. "I don't think Mr. Musk understood how to run a good research lab," Altman testified when his lawyer, William Savitt, asked about the impact of Musk's departure from OpenAI on morale. "For a … Read the full story at The Verge.
Google and SpaceX are in talks to build data centers in orbit, pitching space as the future home for AI compute, even as costs today remain far higher than on the ground.
The family of a deceased 19-year-old college student alleges ChatGPT encouraged dangerous drug use and contributed to his fatal overdose.
Google unveiled its new AI-first Googlebooks laptops, more agentic Gemini features, vibe-coded Android widgets, Gemini in Chrome, refreshed Android Auto, and more ahead of I/O.