elon musk
SpaceX reveals plans for what could be the biggest-ever initial public offering
NEW YORK | Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space company that is currently losing billions of dollars year. A filing shows that his SpaceX lost $2.6 billion from operations last year on $18.7 billion in revenue, and the losses kept piling up at […]
OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed
OAKLAND, Calif. | After prevailing in its court fight with Elon Musk, OpenAI — the ChatGPT maker valued at $852 billion — remains on track for what could be one of the largest initial public offerings in history. Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman, among other changes […]
Worries about AI’s risks to humanity loom over the trial pitting Musk against OpenAI’s leaders
OAKLAND, Calif. | At the heart of the trial pitting Elon Musk against OpenAI CEO Sam Altman is a moment when they found common cause on an ever more pressing question: how to protect humanity from the risks of artificial intelligence. It turned sour, and the jury is charged with settling the ensuing legal dispute […]
Worries about AI’s risks to humanity loom over the trial pitting Musk against OpenAI’s leaders
OAKLAND, Calif. | At the heart of the trial pitting Elon Musk against OpenAI CEO Sam Altman is a moment when they found common cause on an ever more pressing question: how to protect humanity from the risks of artificial intelligence. It turned sour, and the jury is charged with settling the ensuing legal dispute […]