OpenAI

Musk accuses OpenAI and Microsoft of anticompetitive practices – Trendy Blogger

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Musk accuses OpenAI and Microsoft of anticompetitive practices – Trendy Blogger

US antitrust regulators offered legal insights on Friday regarding Elon Musk’s lawsuit challenging OpenAI’s transition to a public company, citing potential anticompetitive practices involving OpenAI and Microsoft. The Federal Trade Commission (FTC) and Department of Justice (DOJ) provided a legal analysis ahead of Tuesday’s hearing in Oakland, California, without explicitly taking sides in the case. … Read more

OpenAI allows $1.5 billion worth of stock to be sold to SoftBank – Trendy Blogger

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OpenAI allows .5 billion worth of stock to be sold to SoftBank – Trendy Blogger

OpenAI, the owner of ChatGPT, the Microsoft-backed AI startup, began selling shares worth $1.5 billion on Wednesday to its employees in a new tender offer for Japanese conglomerate SoftBank, according to a report in Reuters citing sources. SoftBank CEO Masayoshi Son, keen to expand his stake in the AI ​​leader, plans to invest through Vision … Read more

Greg Brockman, co-founder of OpenAI, returns after a three-month sabbatical – Trendy Blogger

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Greg Brockman, co-founder of OpenAI, returns after a three-month sabbatical – Trendy Blogger

OpenAI co-founder Greg Brockman has returned to the company as president, three months after announcing he would be taking a leave of absence until the end of the year. He posted on X, calling his time “the longest vacation” of his life and noting that he was “back to building OpenAI.” Brockman’s return comes on … Read more