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What you need to know as Elon Musk's lawsuit against Sam Altman begins
In a few short days, jury selection will begin in the long-awaited Musk v. Altman case. At the end of that process, an Oakland federal court will task nine regular people with deciding if OpenAI defra [...]
Labor and nonprofit coalition calls on California AG to stop OpenAI from going for-profit
A group of organizations, including nonprofits like LatinoProsperity and labor groups like the California Teamsters, are petitioning California Attorney General Rob Bonta to stop OpenAI from becoming [...]
Court denies Elon Musk's attempt to block OpenAI's for-profit transformation
US federal judge Yvonne Gonzalez Rogers has denied Elon Musk's request for an injunction that would have immediately stopped OpenAI's conversion into a for-profit entity. Musk filed for an i [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Apollo economist warns AI profit gains outside tech could take "well beyond" what Wall Street expects
Apollo chief economist Torsten Slok sees no AI-driven margin gains outside tech. In regulated industries like healthcare, banking, or pharma, process overhauls and privacy rules could delay productivi [...]
The RAM crisis is Apple's best chance in decades to capture the PC market
In the current RAM crisis, no company is better positioned to not only weather the storm but turn it to its advantage like Apple. It proved that when it released the MacBook Neo in early March. Despit [...]