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.
The Guardian AI·
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...
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.
On Tuesday, US President Donald Trump issued an executive order directing the federal government to revise its regulatory frameworks in order to incorporate “digital assets and innovative technology into traditional financial services and payment systems.” The order said: “It is therefore the policy of the United States to streamline regulatory
Dogecoin price has remained under pressure over the past few months, but a growing combination of bullish technical signals, rising retail utility, and renewed speculation surrounding Elon Musk’s involvement with crypto payments is beginning to shift market sentiment. According to…
“By the end of this week, you and Sam will be the most hated men in America.”
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 scrutiny of xAI's safety practices could influence investor confidence and regulatory frameworks, impacting Musk's broader business ventures. The post Former OpenAI staffers warn xAI’s safety issues could impact SpaceX IPO appeared first on Crypto Briefing.
The ex-employees, who cofounded a new AI watchdog group, say investors deserve more information about xAI’s safety practices before SpaceX goes public.