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Elon Musk Battles OpenAI Over Move To For-Profit Model — And Experts Are Pushing Back
Saturday, March 1, 2025 - 5:20pm | 588OpenAI, the artificial intelligence research lab, is under fire for its plans to transition from a non-profit to a for-profit business. What Happened: The move has been met with opposition from various quarters, including Elon Musk, who argue that it could have significant implications for the...
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OpenAI Board Unanimously Rejects Elon Musk's $97 Billion Acquisition Proposal Days After Sam Altman Calls It A Move To 'Slow Down' A Competitor
Saturday, February 15, 2025 - 4:18am | 555OpenAI on Friday turned down a substantial offer from Elon Musk and his consortium of investors to acquire the company’s assets. What Happened: The board of OpenAI, a leading artificial intelligence company, has rejected a $97.4 billion bid from Musk and his investors, reported the Wall...
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Bret Taylor's AI Startup Sierra Hits $4.5B Valuation Just A Year After Launch: OpenAI Chair's Latest Venture Towers Over These Century-Old Brands
Tuesday, October 29, 2024 - 1:39am | 731Sierra, the AI startup co-founded by former Salesforce co-CEO and OpenAI chairman Bret Taylor, has achieved a valuation of $4.5 billion following a successful funding round. What Happened: On Monday, a year after its public launch, Sierra raised $175 million in a funding round...
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OpenAI Appoints Cybersecurity Expert And Retired US Army General With NSA Pedigree To Board, Enhancing AI Safety Measures Post-Lobbying Drive
Friday, June 14, 2024 - 2:57am | 599OpenAI has appointed retired U.S. Army General Paul M. Nakasone to its Board of Directors. Nakasone, a cybersecurity expert, will bring his expertise to the Board’s Safety and Security Committee. What Happened: As the impact of AI technology continues to grow, OpenAI has appointed Nakasone to...
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Larry Summers, Bret Taylor Defend Sam Altman As 'Highly Forthcoming,' Shoot Down Former Board Member's Warning
Friday, May 31, 2024 - 6:03am | 703The current board members of OpenAI have addressed the concerns raised by former board members, Helen Toner and Tasha McCauley, regarding the regulation of artificial intelligence (AI.) What Happened: In an opinion piece in The Economist, Summers and Taylor refuted Toner’s claims regarding...
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OpenAI's Chair Bret Taylor Dismisses Concerns About His AI Chatbot Startup Competing With ChatGPT-Parent: 'We Exist At A Different Layer'
Wednesday, February 14, 2024 - 10:02pm | 519Bret Taylor, the chairman of OpenAI, addressed concerns about potential competition between his new AI chatbot startup, Sierra, and the ChatGPT maker, assuring that the two entities operate at different levels. What Happened: Taylor, who was previously the co-CEO at Salesforce, announced the launch...
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Elon Musk Thought Twitter Needed 'A Fire Breathing Dragon' Before He Seized Control In A 'Ruthless' Play, Biography Reveals
Thursday, September 7, 2023 - 12:52am | 708Elon Musk's acquisition of Twitter, now rebranded as X with ambitions of becoming an "everything app," was a headline-grabbing story of 2022. However, an upcoming biography sheds light on behind-the-scenes details. What Happened: Musk purchased ...
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Activist Investor Elliott Management Names Candidates For Salesforce Board: What You Need To Know
Wednesday, March 1, 2023 - 12:55pm | 553Activist Elliott Management on Wednesday nominated multiple directors for board seats at Salesforce Inc (NYSE: CRM). What To Know: According to CNBC, the activist investor named a slate of directors for Salesforce's board two weeks before the window for nomination closes on...
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'You Can't Keep A Wild Tiger In A Cage,' Benioff Says As Salesforce CEO Bromance Ends In 'Shock To The System'
Thursday, December 1, 2022 - 1:33pm | 445Bret Taylor is on his way out as co-CEO of Salesforce Inc (NYSE: CRM) one year after he took the job. Co-CEO Marc Benioff described it as a "gut punch" Wednesday night on CNBC's "Mad Money." What To Know: Taylor is set to step down as...
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What's Going On With Salesforce Stock Today?
Thursday, December 1, 2022 - 9:32am | 479Salesforce Inc (NYSE: CRM) shares are trading lower Thursday after the company reported third-quarter results and announced that Bret Taylor will step down as vice chair and co-CEO. Q3 Results: Salesforce said third-quarter revenue increased 14% year-over-year to $7.84...
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Salesforce Stock Is Falling After Hours: What's Going On?
Wednesday, November 30, 2022 - 5:55pm | 346Salesforce Inc (NYSE: CRM) shares are trading lower in Wednesday's after-hours session after the company reported third-quarter results and announced that Bret Taylor will step down as vice chair and co-CEO. What Happened: Salesforce said third-quarter revenue increased 14% year-over-year...
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Elon Musk Texts Revealed For Twitter Lawsuit: Exchanges With Joe Rogan, Gayle King, Jack Dorsey And More
Sunday, October 2, 2022 - 3:59pm | 1655As part of the ongoing saga that is Twitter Inc (NYSE: TWTR) versus Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, text messages from the CEO’s phone were recently publicly released. Here’s a look at what the texts revealed ahead of the highly publicized trial awaiting the two parties. What...
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Twitter Responds to Elon Musk's Countersuit: Tesla CEO's Claims A 'Story That Is Implausible'
Friday, August 5, 2022 - 4:51am | 537The mudslinging seems to go on endlessly in the Twitter, Inc. (NYSE: TWTR)-Elon Musk saga. The latest episode has seen the social media platform filing a 127-page response to the Tesla, Inc. (NASDAQ: TSLA) CEO’s countersuit. What Happened: Twitter’s Chairman Bret Taylor shared the...
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Meet The Twitter Board Of Directors: The People Deciding The Fate Of Elon Musk's Takeover Bid
Monday, April 25, 2022 - 12:16pm | 1125With reports indicating that the sale of Twitter Inc (NYSE: TWTR) to Tesla Inc (NASDAQ: TSLA) CEO Elon Musk could be finalized as early as Monday, the Board of Directors of the leading social media platform are faced with a major decision on the...
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Twitter Reconsidering Purchase Offer From Elon Musk As The Two Sides Meet: Report
Sunday, April 24, 2022 - 3:25pm | 543Twitter Inc (NYSE: TWTR) company officials are reconsidering the offer from Tesla Inc (NASDAQ: TSLA) CEO Elon Musk to purchase the company for $43 billion. What Happened: After initially rejecting Musk’s proposal, The Wall Street Journal reports that “the two sides” are meeting on...