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Trump administration, OpenAI discussing possible government stake in the AI startup

Trump administration, OpenAI discussing possible government stake in the AI startup

OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday. The discussions have been in progress for more than a year, as Altman first shared the idea with the Trump administration in 2025, according to a source familiar with … Read more

AI is designing OpenAI’s next model in a sign of ‘super intelligence’: SoftBank’s Masayoshi Son to CNBC

AI is designing OpenAI’s next model in a sign of ‘super intelligence’: SoftBank’s Masayoshi Son to CNBC

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI’s next model is being designed by another model in a sign that AI is reaching “super intelligence,” SoftBank CEO Masayoshi Son told CNBC. The billionaire’s comments come … Read more

Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

A group of Amazon engineers appeared at Seattle City Council hearings on Wednesday to throw their support behind efforts to regulate the development of giant AI data centers in the area, which are getting constructed while their employer is engaged in mass layoffs. “It’s been reported that this year, Amazon is spending $200 billion dollars … Read more

Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build

Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build

French startup Mistral AI is exploring designing its own chips and may eventually develop them, CEO Arthur Mensch told CNBC. It is the first comment made by Mensch about Mistral’s semiconductor ambitions, underscoring how the company is looking to control more of its infrastructure as it competes with U.S. heavyweights OpenAI and Anthropic. “Of course, … Read more

OpenAI to confidentially file for IPO as soon as Friday: Source

OpenAI to confidentially file for IPO as soon as Friday: Source

OpenAI is preparing to confidentially file a draft of its IPO prospectus as soon as Friday, as the company gears up for what could be one of the largest public markets debuts in history, CNBC confirmed on Wednesday. The artificial intelligence company, which is valued at more than $850 billion by private investors, is working … Read more

Google debuts new AI models, personal AI agents in effort to keep pace with OpenAI and Anthropic

Google debuts new AI models, personal AI agents in effort to keep pace with OpenAI and Anthropic

Google is rolling out its latest version of Gemini and a new artificial intelligence model designed to simulate the physical world, as the search giant races to keep pace in model development while also providing more agentic services to its massive user base. The company made the announcements at its annual Google I/O developer conference … Read more

Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company

Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters When Meta CEO Mark Zuckerberg told employees about his plan in late … Read more

Musk’s China trip during OpenAI trial prompts apology from his lawyer for CEO’s absence

Musk’s China trip during OpenAI trial prompts apology from his lawyer for CEO’s absence

Tech billionaire and Tesla founder Elon Musk walks through the Great Hall of the People with his son X Æ A-XII. Picture Alliance | Picture Alliance | Getty Images Elon Musk‘s lead counsel, Steven Molo, apologized to the jury for his absence on Thursday, with the Tesla and SpaceX CEO accompanying President Donald Trump in … Read more

EBay rejects GameStop’s $56 billion takeover bid, calling it ‘neither credible nor attractive’

EBay rejects GameStop’s  billion takeover bid, calling it ‘neither credible nor attractive’

EBay on Tuesday rejected GameStop‘s $56 billion takeover proposal, calling the unsolicited bid “neither credible nor attractive.” GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online marketplace for $125 per share in a cash-and-stock deal. EBay is much larger than the video game retailer, with a market … Read more

OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment

OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment

Microsoft CEO Satya Nadella took the stand in the Musk v. Altman trial on Monday, where he testified that Elon Musk never contacted him with concerns that Microsoft’s investments in OpenAI were in violation of any special terms or commitments. Nadella, wearing a navy suit with a blue tie, concluded his testimony in federal court … Read more

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