SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom
Elon Musk, Sam Altman and Dario Amodei battle over who can command Wall Street’s deepest pools of capital
ars Technica AI·
New profile of Sam Altman shines a light on a whole industry.
Read full articleElon Musk, Sam Altman and Dario Amodei battle over who can command Wall Street’s deepest pools of capital
The shift to usage-based AI billing introduces expense volatility, impacting financial stability and strategic planning for tech companies. The post Microsoft cancels Claude Code licenses as AI costs surge across the industry appeared first on Crypto Briefing.
Today I’m talking with Liz Lopatto, who spent the last month covering the Musk v. Altman trial in all its chaos. You’ll hear her describe the courthouse as a “zoo” and explain that there were protests of one kind or another happening outside every day. Both Elon Musk and Sam Altman are big personalities, and people have a lot of feelings about both of them and the AI industry. And in the end… nothing happened! The jury found that Elon had filed his lawsuit after the statute of limitations had run out. You’ll hear Liz explain exactly what’s going on there. Beyond that, the trial was nominally about OpenAI’s conversion to a for-profit entity from a nonprofit one and if the way OpenAI went about it cost Elon Musk money. But really, the suit seems mostly to have been about Elon Musk being mad at Sam Altman — or at OpenAI, for being successful without him — and wanting him punished in some way. So in a room full of untrustworthy, unreliable people all fighting with each other, did anyone ev
OpenAI is preparing to file for an initial public offering as soon as within days or weeks, with CEO Sam Altman targeting a market debut by September, according to reports citing sources familiar with the matter. The company is working with Goldman Sachs and Morgan Stanley and may file confidentially with regulators imminently — a move that […]
OpenAI's governance issues could undermine investor confidence and highlight the tension between profit motives and ethical AI development. The post OpenAI faces governance challenges ahead of IPO amid Sam Altman concerns appeared first on Crypto Briefing.
Listen to the session or watch below Elon Musk lost his suit against OpenAI, in which he alleged CEO Sam Altman and President Greg Brockman had deceived him over the company’s non-profit status. Watch as AI reporter and attorney Michelle Kim, who covered the trial for MIT Technology Review, joins in conversation with editor in…
“By the end of this week, you and Sam will be the most hated men in America.”
A long and bitter legal battle between tech billionaires Elon Musk and Sam Altman has culminated in victory for the OpenAI boss. Musk has vowed to appeal the verdict. But what did the trial reveal about big tech and the global AI race? Lucy Hough speaks to Guardian US tech and power reporter Nick Robins-Early Continue reading...