OpenAI’s board of directors on Friday rejected a $97.4 billion bid by Elon Musk and a consortium of investors to gain control of the artificial intelligence company, deepening a feud between Mr. Musk and OpenAI’s chief executive, Sam Altman. In a statement, Bret Taylor, the chairman of the OpenAI board, said, “OpenAI is not for…
When Elon Musk bought X for $44 billion in 2022, more than a quarter of that was financed by loans from banks including Morgan Stanley. Banks normally quickly sell off such loans, but in this case they kept much of that debt because investors were reluctant to bet on the social media company’s floundering business….
Apple and Google restored TikTok to their U.S. app stores on Thursday evening, several weeks after they removed the Chinese-owned video platform to comply with a new law that banned it in the country. Last month, President Trump tried to pause enforcement of the TikTok ban with an executive order. But Apple and Google were…
OpenAI’s board of directors on Wednesday questioned the rationale of a $97.4 billion bid from Elon Musk and others to gain control of the high-profile artificial intelligence company. On Monday, a consortium of investors led by Mr. Musk offered to buy the assets of the nonprofit that controls the company, escalating a yearslong feud between…
Google has for years used its popular online services to remind users about cultural events, marking its calendar app with occasions such as Black History Month and Women’s History Month. Last week, some users noticed that the popular app was no longer displaying those observances, as well as a litany of others, prompting an online…
A group of investors led by Elon Musk has made a $97.4 billion bid to buy the assets of the nonprofit that controls OpenAI, according to two people familiar with the bid, escalating a yearslong, deeply personal tussle for the future of artificial intelligence between Mr. Musk and OpenAI’s chief executive, Sam Altman. The consortium…