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OpenAI Wants Its Fraud And Media Manipulation Countersuit Against Elon Musk Kept Alive, Labels His $97.4 Billion Bid A Stunt
Thursday, May 29, 2025 - 10:32pm | 554On Wednesday, the legal battle between OpenAI and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk escalated as the ChatGPT maker urged a judge to allow its countersuit to proceed, accusing the billionaire of fraud and media manipulation. What Happened: In a court filing, OpenAI argued that Musk's motion to...
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OpenAI's Sam Altman Says $6.5B Deal With Jony Ive To Build AI 'Companions' Could Add $1 Trillion In Company Value: Report
Wednesday, May 28, 2025 - 7:46am | 551OpenAI CEO Sam Altman reportedly shared plans to build a cluster of AI-powered devices in partnership with famed designer Jony Ive, with employees on Wednesday. What Happened: In a conversation with staff, Altman and Ive described their vision for compact, intelligent AI "companions" designed to...
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Alphabet 'Well Positioned' For Google Search Dominance: Analyst Says Can 'Navigate The Shift To AI Search'
Wednesday, May 21, 2025 - 12:32pm | 804Analysts break down the potential impact of new products and features from Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) on the stock following the company's I/O developer conference. The Alphabet Analysts: Citizens analyst Andrew Boone maintained a Market Perform rating on Alphabet with no price...
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Google Unveils 'Total Reimagining Of Search' With Chatbot-Style Feature To Compete With OpenAI
Wednesday, May 21, 2025 - 6:02am | 660Alphabet‘s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) revamps its search engine by introducing an AI chatbot-style feature, aiming to stay ahead of competitors like OpenAI. What Happened: Google has introduced an “AI mode” in its search and Chrome browser for all U.S. users from Tuesday...
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'This Is The First Time In Two Decades That Google Is Extremely Vulnerable:' Perplexity's CEO Breaks Down Search Giant's Margin Trap
Wednesday, May 21, 2025 - 5:16am | 904Perplexity AI CEO Aravind Srinivas believes search giant Google is currently at its most vulnerable since its founding over two decades ago, caught between its legacy dominance in search advertising and the fast-moving disruption of AI-native search. What Happened: During the Sohn Investment...
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Google I/O 2025 A 'Big Deal,' Says Gene Munster: Sundar Pichai's Alphabet Has No Choice But To Disrupt Itself Before Someone Else Does
Monday, May 19, 2025 - 10:03pm | 795Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) annual developer conference, Google I/O 2025, will kick off tomorrow, May 20, and run through May 21 at the Shoreline Amphitheater in Mountain View, California. On Monday, one top analyst said the stakes couldn't be higher for the company's future...
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Satya Nadella Once Bet Big On ChatGPT-Maker OpenAI — Now He's Reportedly Embracing Rivals Like DeepSeek And Building Cheaper AI Models To Future-Proof Microsoft
Friday, May 16, 2025 - 6:46am | 827Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella was once OpenAI's biggest champion, having invested about $14 billion in the ChatGPT-parent. However, Nadella is now reportedly broadening the company's AI playbook. What Happened: Earlier this year, in January, Chinese startup DeepSeek...
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Cisco Stock Roars Back On AI Firepower, Saudi Pact — Bullish Breakout Faces Q3 Earnings Test
Wednesday, May 14, 2025 - 1:16pm | 680Cisco Systems Inc (NASDAQ:CSCO) will report its third-quarter earnings Wednesday after the market close, with Wall Street expecting earnings per share of 92 cets and revenue of $14.08 billion. The stock has climbed 25.4% over the past year, despite being down 3.87% year-to-date and slipping 6.92%...
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Former Google CEO Eric Schmidt In 2016 Outlined A Playbook Predicting ChatGPT's Rise — And A New Age Of $100 Billion AI Giants
Tuesday, May 13, 2025 - 10:30am | 549Former Google CEO Eric Schmidt all but sketched the playbook for ChatGPT during a 2016 fireside chat at Startup Grind, arguing that the next tech giant would "use Android/iOS, fast networks, and powerful machine learning" to crowdsource knowledge and spin it into a business worth "$100 billion."...
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OpenAI's IPO Ambitions Hang In The Balance As Microsoft Negotiates Equity: Report
Monday, May 12, 2025 - 1:50am | 500OpenAI is reportedly in high-stakes negotiations with Microsoft Corporation (NASDAQ:MSFT) to revise the terms of their multibillion-dollar partnership. What Happened: A key sticking point of the negotiation is how much equity Microsoft will receive in the restructured OpenAI entity in exchange for...
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Google At Staggering 42% Discount To S&P 500 After $150 Billion Value Dive
Thursday, May 8, 2025 - 10:25am | 526Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) just clocked one of its worst trading days since 2023, shedding over 7% and nearly $150 billion in market cap. Apple Exec’s Testimony Sends Google Stock Plummeting What caused the market to pull the plug? A courtroom mic-drop from Apple Inc's (NASDAQ:...
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OpenAI Reverses Course As Sam Altman Says Nonprofit Will Remain In Control Amid Elon Musk's Lawsuit And Investor Pushback
Tuesday, May 6, 2025 - 12:05am | 721On Monday, ChatGPT-parent OpenAI said that it will retain its nonprofit parent's control over its for-profit operations, scaling back a plan to transition fully to a public benefit corporation amid mounting legal pressure and investor concerns. What Happened: In a letter to OpenAI's employees that...
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AI Was Supposed To Save Time, But Many Workers Are Ending Up With More Tasks: Study
Friday, May 2, 2025 - 4:33am | 410A recent study investigating the real-world impact of generative artificial intelligence tools like ChatGPT indicates that the technology has yet to provide the wide-ranging productivity benefits many touted, and may even be leading to extra work for some workers. What Happened: Economists from the...
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Meta Platforms Q1 Earnings Preview: Analyst Expects Weak Guidance, Will Company Continue Streak Of Revenue Beats?
Tuesday, April 29, 2025 - 4:13pm | 904Meta Platforms (NASDAQ:META) could highlight its progress in artificial intelligence when it reports first-quarter financial results after market close Wednesday. Here are the analyst earnings estimates, what experts are saying ahead of the report and key items to watch. Earnings Estimates:...
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Meta Launches AI App To Compete With ChatGPT, Gemini, Grok
Tuesday, April 29, 2025 - 12:38pm | 529Meta Platforms Inc (NASDAQ:META) has announced the launch of a standalone AI app that will compete with the likes of OpenAI’s ChatGPT, Google’s Gemini and xAI’s Grok. What To Know: Meta on Tuesday unveiled the Meta AI app built with Llama 4, designed to give users a more personal...