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.
The Verge AI·
OpenAI CEO Sam Altman has begun his testimony against Elon Musk in a high-profile jury trial in a California federal courtroom. Altman, alongside OpenAI president Greg Brockman, is a primary defendant in the trial brought by Musk. Altman, Brockman, and Musk were all part of the initial founding team at OpenAI, with Musk investing up to $38 million in the ChatGPT-maker's early days. But the relationship between Musk and other OpenAI founders eventually soured, and Musk stepped away from the company, later going on to found his own direct competitor, xAI. In recent years, Musk and Altman have traded barbs and made a slew of allegations agains … Read the full story at The Verge.
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.
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.
The family of a deceased 19-year-old college student alleges ChatGPT encouraged dangerous drug use and contributed to his fatal overdose.
The family of a 19-year-old college student is suing OpenAI over claims that his conversations with ChatGPT led to an accidental overdose. In the lawsuit filed on Tuesday, Sam Nelson's parents allege ChatGPT "encouraged" the teen to "consume a combination of substances that any licensed medical professional would have recognized as deadly," resulting in his death. Though ChatGPT initially pushed back on conversations about drug and alcohol use, the launch of GPT-4o in April 2024 changed the chatbot's behavior, according to the lawsuit. Following the update, ChatGPT "began to engage and advise Sam on safe drug use, even providing specific do … Read the full story at The Verge.
OpenAI Deployment Company aims to help businesses build useful AI systems with embedded engineers, Tomoro talent, and major consulting partners.
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
The post OpenAI’s new cybersecurity push has a lesson for crypto: stop waiting for the hack appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on OpenAI introduced a new cybersecurity initiative, Daybreak, on May 11, designed to find, validate, and help fix software vulnerabilities before attackers can exploit them. The firm describes the approach as making software “resilient by design,” moving security earlier into the build cycle through AI-assisted code review, threat modeling, patch validation, and dependency analysis. For crypto, where a software failure can result in an immediate capital loss within a single block, the urgency is clear. The standard pattern in the crypto industry is reactive, going through a pre-launch audit, post-deployment monitoring, response when funds move, a post-mortem on the method, vulnerability patching, reimbursement negotiation, and governance debate. That model has the weakness that the bug comes to light only once the capital has alrea