Sam Altman Dismisses Elon Musk’s Bid to Buy OpenAI in Letter to Staff
OpenAI’s CEO claims the company has yet to receive an official offer from Elon Musk’s team, sources say....
OpenAI’s CEO claims the company has yet to receive an official offer from Elon Musk’s team, sources say....
On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s...
In an interview at the AI Action Summit in Paris on Tuesday, OpenAI CEO Sam Altman dismissed Elon Musk’s unsolicited $97.4 billion bid for OpenAI’s nonprofit as “an attempt to slow [OpenAI] down.” “[Musk] obviously is a competitor,” Altman said. “He’s raised a lot of...
Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter. The Information first reported the news that the payments infrastructure giant is working to sell employee-owned...
According to a report published Tuesday by The Information, Apple is partnering Alibaba to bring its Apple Intelligence platform to China. The deal is said to arrive after the iPhone maker reportedly explored – but ultimately rejected – a potential partnership with uber-buzzy AI startup,...
Mast enables reforestation without landowners needing to wait decades to harvest timber or claim carbon credits. © 2024 TechCrunch. All rights reserved. For personal use only....
As the chief product officer for AI customer service startup TalkDesk, Charanya “CK” Kannan said that enterprises often say they want to automate different workflows but that it’s really hard to implement AI. Enterprises are dealing with clunky, legacy software, that often doesn’t have APIs,...
In his annual letter, YouTube CEO Neal Mohan dubbed AI as one of the company’s four “big bets” for 2025, pointing to the company’s investments in AI tools for creators, like those that help them come up with video ideas, thumbnails, or those that help...
Quantum computing, long relegated to the realm of theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for more powerful compute. On the heels of some notable advancements in quantum chips and error correction (two of...
In a statement on Tuesday, Dario Amodei, the CEO of AI startup Anthropic, called the AI Action Summit in Paris this week a “missed opportunity,” and urged the AI industry — and government — to “move faster and with greater clarity.” “We were pleased to...
HR giant Workday is launching a new way for enterprises to keep track of all of their AI agents in one place. It’s also launching a few more AI agents of its own, for good measure. Silicon Valley-based Workday announced on Tuesday the release of...
Mattoboard, the makers of web-based software designed to simplify the creative process for interior designers and architects, is getting into AI. On Tuesday, the startup announced its $2 million seed funding round, which will support the launch of a new feature called Design Stream, an...
How much is a customer worth to a company? That’s the eternal question. To arrive at an answer, customer and sales teams are often forced to use spreadsheets and other manual data analysis methods. The problem is, these methods tend to be slow and error-prone,...
Escalating geopolitical tensions and a new administration with a hawkish defense agenda has led many startups to embrace dual-use strategies to secure revenue through military applications. And it’s a trend that is already heating up in aerospace. Just look at Archer Aviation, a California-based startup...
The Artificial Intelligence Action Summit in Paris was supposed to culminate with a joint declaration on artificial intelligence signed by dozens of world leaders. While the statement isn’t as ambitious as the Bletchley and Seoul declarations, both the U.S. and the U.K. have refused to...
At the AI Action Summit in Paris this week, the U.S. declined to sign the statement summarizing the resolutions. But it did make an appearance: Vice President J.D. Vance gave a speech to the audience of dignitaries, tech leaders and regulators. Amid a conference heavy...
Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, but they’re remaining picky when it comes to funding the wider spectrum of technology. According to new figures from analytics firm Dealroom, AI startups raised $110 billion last year, 62% more than the...
The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, talked up the potential of...
As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers. They struggle to open accounts that accept US dollars, with foreign employers...
Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s valuation from the $1.15 billion...
Researchers from Microsoft and Carnegie Mellon University recently published a study looking at how using generative AI at work affects critical thinking skills. “Used improperly, technologies can and do result in the deterioration of cognitive faculties that ought to be preserved,” the paper states. When...
Carta, which previously faced scrutiny over its workplace environment, has settled two lawsuits filed by women who used to work there. © 2024 TechCrunch. All rights reserved. For personal use only....
A team of investors led by Elon Musk submitted a $97.6 billion bid to purchase OpenAI on Monday. The news comes by way of Musk’s lawyer, Marc Toberoff, who confirmed the reporting with The Wall Street Journal. The unsolicited bid is the latest escalation by...
Google has expanded NotebookLM Plus to users subscribed to the Google One AI Premium plan. © 2024 TechCrunch. All rights reserved. For personal use only....
Bird, formerly MessageBird, has cut 120 jobs — roughly one-third of its workforce — as the startup plans to realign its global operations. © 2024 TechCrunch. All rights reserved. For personal use only....
OpenAI says it has spoken to government officials about its ongoing investigation into DeepSeek. The ChatGPT-maker previously claimed to have evidence that DeepSeek trained its AI models using improperly obtained data from OpenAI’s API. During a Bloomberg TV interview on Monday, OpenAI’s chief global affairs...
All eyes were on French President Emmanuel Macron Sunday at the end of the first day of the Artificial Intelligence Action Summit in Paris after he announced a €109 billion investment package (around $112 billion at current exchange rates) in the French AI ecosystem. He...
Perplexity’s Super Bowl contest managed to move the needle on its app’s downloads. Unlike OpenAI and Google, the AI search engine chose to forgo an expensive Super Bowl ad in favor of a tweet — sorry, an X post — encouraging users to download its...
Hundreds of heads of states, tech CEOs and nonprofits have flocked to Paris for the Artificial Intelligence Action Summit. So far, the winner of this week’s diplomatic and business parade seems to be Mistral. In business lingo, we would say that the French AI unicorn...
As the AI Summit got underway in Paris on Monday, some 60 European companies — from incumbent industrial giants to AI startups (including France’s large language model maker Mistral) — signed up to an initiative to help establish Europe as a leader in AI. But the...