FTC, DOJ backs allegations in Elon Musk’s antitrust case against Sam Altman’s OpenAI, Reid Hoffman
Federal authorities have sided with Elon Musk on a key pillar of his high-profile antitrust case against Sam Altman's OpenAI, Microsoft and billionaire Reid Hoffman, The Post has learned. In November, Musk's lawyers added Microsoft and Hoffman as defendants in an amended civil lawsuit targeting OpenAI. The complaint alleges that OpenAI collaborated with Microsoft in […]
Sam Altman’s OpenAI pursuing switch to for-profit structure to avoid ‘hostile takeovers’: report
OpenAI is reportedly “pursuing” plans to abandon its nonprofit roots and reorganize as a for-profit entity, a move that has led Sam Altman and his allies to threaten a “hostile takeover” and leadership attack. It may protect against opposition. The company's board plans to reorganize as a public benefit corporation, an unusual structure in which […]
Is OpenAI’s Sam Altman’s future worth $7 trillion?
There’s a saying in the modern world of artificial intelligence (AI): “If something isn’t possible with today’s most advanced generative AI systems, wait. It will be next month.” This maxim serves as a powerful reminder not to underestimate the capabilities of a system that is rapidly emerging and is making its way into the halls […]