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The Latest Breaking News from OpenAI

Musk vs. Altman is about what we don't already know

Altman has more at stake than does Musk, as both leaders prep massive IPOs.

Axios

As OpenAI Drags Down Chip Stocks, Is Applied Materials Stock a Buy, Sell, or Hold?

Applied Materials shares are tanking on reports OpenAI missed revenue and user growth targets. But there are reasons to buy the dip in AMAT stock today.

Barchart

Amazon Reports Earnings Tomorrow, But a Key OpenAI-Bedrock Announcement May Mean Nothing Else Matters for AMZN Stock

Just one day after OpenAI announced that Microsoft would no longer have exclusive access to its models, Amazon CEO Andy Jassy announced that the models will be available to AWS customers within weeks.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

UK must seize initiative on AI or be left at its mercy, Liz Kendall says

Technology secretary speaks amid concerns country is struggling to make its own way in AI

The Guardian - UK

Google reportedly signs classified AI deal with US Pentagon

Tech company is latest Silicon Valley firm to sign agreement with US military despite widespread employee opposition

The Guardian - US

Elon Musk and Sam Altman arrive at OpenAI trial pitting the billionaires against each other

IN FULL

The Independent UK

FTSE 100 edges higher but US tech stocks wobble

The index closed up 11.70 points at 10,332.79.

Evening Standard

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‘Stole a charity’: Elon Musk accuses Sam Altman of betrayal in courtroom showdown

Trial is culmination of a years-long feud between Musk and Altman that has become increasingly vicious

The Guardian - US

'He wanted to be CEO': Early OpenAI VC Vinod Khosla says Elon Musk's bid for control led to the Sam Altman feud and his major investment

The billionaire venture capitalist placed a $50 million check into OpenAI at a $1 billion valuation — and sent his own LPs an apology letter for doing it.

Fortune

Musk and Altman show up for opening statements in trial that could reshape AI's future

OpenAI co-founders Elon Musk and Sam Altman have shown up for Tuesday’s opening statements in a high-stakes trial revolving around a bitter feud between the former friends that could reshape the future development of artificial intelligence

The Independent UK

Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

Nvidia, Oracle, SoftBank, and CoreWeave saw their stock prices go down because of news that OpenAI has been missing its internal targets. SoftBank stock lost 9.9% of its value on the Tokyo Stock Exchange. Nvidia, AMD, Oracle, and CoreWeave also dropped during pre-market trading and remain down after the market…

Tom’s Hardware

Exclusive: AI-powered recruiting startup Dex raises $5.3 million seed round led by Notion Capital

Recruitment tool that aims to match scarce AI talent with tech companies gets backing from Notion Capital, with participation from a16z Speedrun, Concept Ventures and other.

Fortune

CEO of a $25.9 billion bank had his AI clone lead the company’s earnings call—as Mark Zuckerberg builds his own digital twin

An AI double of Customers Bank CEO Sam Sidhu led the company’s recent earnings call. He joins Mark Zuckerberg, Sebastian Siemiatkowski, and Eric Yuan in the AI clone trend.

Fortune

Google Employees Sign Petition Urging CEO to Reject AI Deal With US Military to Prevent 'Unmonitored Harm'

Hundreds of Google employees have signed a petition urging CEO Sundar Pichai to reject a Pentagon AI deal, warning it could lead to 'unmonitored harm' in classified military use.

International Business Times UK

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Barchart

AI Fears and Surging Crude Oil Prices Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.66%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.30%. June E-mini S&P futures (ESM26 ) are down -0.63%, and June E-mini Nasdaq futures...

Fortune

Sam Altman apologizes to Canadian town where OpenAI failed to alert police about a mass shooter

OpenAI employees reportedly debated whether to flag the Tumbler Ridge shooter to authorities but decided not to.

Barchart

Stocks Pressured by AI Fears and Soaring Crude Oil Prices

The S&P 500 Index ($SPX ) (SPY ) today is down -0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.78%. June E-mini S&P futures (ESM26 ) are down -0.44%, and June E-mini Nasdaq futures...

Barchart

Is Qualcomm Stock a Buy Amid Reports of OpenAI Partnership?

Qualcomm shares extended gains on reports that the company has teamed up with OpenAI. Does that make QCOM stock worth buying ahead of Q2 earnings on April 29? Let’s find out.

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The Guardian - US

The personal pettiness of the Elon Musk v OpenAI trial

In theory, Musk and Altman’s court fight could pose key questions about AI safety – in reality, it’s motivated by money and personal grievance

MarketBeat

Did Qualcomm Just Put Apple in Check?

Qualcomm's strategic partnership with OpenAI to develop an AI-native chip signals a fundamental challenge to the established order of the smartphone market.

TechRadar

‘Human lives are already being lost’: Open letter signed by hundreds of Google employees requests CEO reject ‘unethical and dangerous’ US military AI use

An open letter signed by over 600 employees calls on Google's CEO to not offer its technology to the Department of Defense.

TechRadar

Would you buy a ChatGPT-powered iPhone rival? OpenAI is reportedly developing a smartphone chip, which teases the possibility of a full-blown OpenAI mobile

OpenAI is reportedly working on a smartphone chipset — one that would put AI at its heart and reduce our reliance on apps.

International Business Times UK

Elon Musk Accuses OpenAI CEO Sam Altman of 'Stealing a Charity' in Explosive Post

Elon Musk has accused OpenAI chief executive Sam Altman of 'stealing a charity,' alleging financial gains from OpenAI's shift from a non-profit to a capped-profit structure.

TechRadar

OpenAI and Microsoft make a huge change to their exclusive partnership - does this open the door for AWS to swoop in?

OpenAI says it wants to serve all customers regardless of cloud provider, but Microsoft remains a "primary" provider.

Barchart

Nasdaq Futures Plunge as AI Concerns Resurface, FOMC Meeting and Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM26) are trending down -1.24% this morning as concerns resurfaced over whether the massive amounts of investment in AI will ultimately pay off.

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