OpenAI barrels towards IPO that may happen in September
A day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership and finances, OpenAI is reportedly back to prepping for its IPO.
TechCrunch AI·
“By the end of this week, you and Sam will be the most hated men in America.”
Read full articleA day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership and finances, OpenAI is reportedly back to prepping for its IPO.
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The justice department’s lawsuit is part of a federal effort to reframe AI consumer protections as ideological overreach This April, the US Department of Justice joined Elon Musk’s xAI in suing the state of Colorado to kill its AI anti-discrimination law. When the federal government sides with a billionaire against a state trying to protect its residents from AI discrimination, that’s not only a Colorado story. That’s everyone’s story. Dr Genevieve Smith is a postdoctoral research fellow at Stanford University, founder of the Responsible AI Initiative at the UC Berkeley AI Research Lab and a member of professional faculty at the UC Berkeley Haas School of Business Continue reading...
Listen to the session or watch below Elon Musk lost his suit against OpenAI, in which he alleged CEO Sam Altman and President Greg Brockman had deceived him over the company’s non-profit status. Watch as AI reporter and attorney Michelle Kim, who covered the trial for MIT Technology Review, joins in conversation with editor in…
A long and bitter legal battle between tech billionaires Elon Musk and Sam Altman has culminated in victory for the OpenAI boss. Musk has vowed to appeal the verdict. But what did the trial reveal about big tech and the global AI race? Lucy Hough speaks to Guardian US tech and power reporter Nick Robins-Early Continue reading...
A long and bitter legal battle between tech billionaires Elon Musk and Sam Altman has culminated in victory for the OpenAI boss. Musk has vowed to appeal the verdict. But what did the trial reveal about big tech and the global AI race? Lucy Hough speaks to Guardian US tech and power reporter Nick Robins-Early Continue reading...
The world's richest man Elon Musk lost his blockbuster lawsuit against artificial intelligence giant OpenAI on Monday, with a federal jury finding that the tycoon had waited too long to bring his case forward. The trial saw some of the most powerful figures in Silicon Valley go head-to-head with their competing ambitions for the rapidly changing technology.
A California court ruled on Monday that Elon Musk has waited too long to file a lawsuit against OpenAI's leadership accusing them of misleading the public about their plans to transform the once charity into a for-profit entity. Also in the business news this Tuesday, Standard Chartered cuts thousands of jobs as it accelerates adoption of AI and fires its CEO in South Korea over an insensitive promotional campaign.