Elon Musk has spoken out against OpenAI becoming a for-profit company. - Aaron Schwartz/Zuma Press. Elon Musk said he would ...

Elon Musk is willing to yank his $97.4 billion bid for the nonprofit that oversees OpenAI if its directors agree to stop a for-profit transformation, escalating his long-running feud with OpenAI CEO ...

SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...

The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it ...

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of ...

In testimony to Congress, Fed Chair Jerome Powell stressed the U.S. central bank is in no rush to cut interest rates. His ...

The enmity between Elon Musk and Sam Altman came out in the open when President Donald Trump announced Stargate project that ...

The European Commission also announced a fund specific to AI gigafactories to allow companies to train their AI models.

If billionaire biffo is your entertainment weakness, the latest outbreak in the war between Elon Musk and OpenAI’s Sam Altman ...

Japanese technology giant SoftBank Group and artificial intelligence pioneer OpenAI announced the formation of a new joint ...

Musk and Altman have been locked in a long-standing feud for years over the direction that the AI company has taken since its founding. Musk has alleged that OpenAI has abandoned all pretense of ...

OpenAI Chief Executive Officer Sam Altman rebuffed a reported bid by a group of investors led by Elon Musk to buy the nonprofit that controls ChatGPT.