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The Latest Breaking News from OpenAI

Bloomberg, the OG of financial data firms, has a potent new AI agent. How it built it holds lessons for others

Bloomberg's "AskB" shows the potential of AI agents in finance. Building it wasn't easy, Bloomberg CTO says.

Fortune

Stocks Fall on AI Jitters and Surging Crude Oil Prices

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.49%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.01%. June E-mini S&P futures (ESM26 ) fell -0.46%, and June E-mini Nasdaq futures...

Barchart

The Elon Musk vs. Sam Altman trial didn't even make it past jury selection before Musk started getting clowned on

Let them fight.

PC Gamer

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As OpenAI Drags Down Chip Stocks, Should You Buy the Dip in Oracle Stock?

Oracle stock sinks as the WSJ reported that OpenAI is seeing a revenue and user growth slowdown. But long-term investors are not out of reason to load up on ORCL shares today.

Barchart

Elon gets his day in trial against Sam Altman and OpenAI

Musk took the stand as the first witness in his billion dollar lawsuit against OpenAI on Tuesday.

Axios

Wall Street is panicking about OpenAI. A veteran tech analyst says everyone's overreacting

Between the Wall Street Journal's report on what Sarah Friar said and the lawsuit by Elon Musk painting him as a liar, Sam Altman’s having a bad week.

Fortune

Amazon Reportedly Set To Sell OpenAI Products After Microsoft Loses Exclusivity

Amazon is set to begin selling OpenAI products after Microsoft lost its exclusivity with the company, according to a new report.

International Business Times

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Amazon touts a 'major expansion' with OpenAI as Microsoft ties loosen

Amazon announced what it called a “major expansion” of its partnership with ChatGPT maker OpenAI on Tuesday, a day after the artificial intelligence company said it was loosening its ties to longtime backer Microsoft

The Independent UK

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

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

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Evening Standard

FTSE 100 edges higher but US tech stocks wobble

The index closed up 11.70 points at 10,332.79.

The Guardian - US

‘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

Fortune

'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.

The Independent UK

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

Get all your
news in one place.

100's of premium titles.
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Tom’s Hardware

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…

Fortune

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.

International Business Times UK

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.

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...

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