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How Elon Musk $97.4 billion bid complicates matters for OpenAI
OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman’s push to transform the maker of ChatGPT into a for-profit ...ABC News - 9h -
California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.The New York Times - 10h -
Anduril to take over Microsoft's $22 billion U.S. Army headset program
Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army.CNBC - 15h -
China’s ‘Ne Zha 2’ Shatters Box Office Records With $1.2 Billion
The runaway success of “Ne Zha 2” is another sign that Chinese audiences are choosing domestic movies over Hollywood blockbusters.The New York Times - 18h -
Elon Musk Just Hurled a $97.4 Billion Curveball at OpenAI
The unsolicited bid raises the stakes for Sam Altman to turn the company into a for-profit.Inc. - 21h -
Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, WSJ Reports
In response to the news, OpenAI CEO Sam Altman wrote: ‘no thank you but we will buy twitter for $9.74 billion if you want’.Inc. - 1d -
These States Could Miss Out on $47 Billion in Energy Loans
Billions of dollars in loans are in limbo due to Trump’s freeze of clean energy funding, affecting businesses across the country.Inc. - 1d -
Sam Altman says Musk aims to 'slow down a competitor' with his $97.4 billion bid for OpenAI
Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion. OpenAI CEO Altman said Musk is aiming to "slow down a competitor."CNBC - 19h -
How Musk and Trump are flooding the zone
Musk raids a dizzying swath of agencies with the goal of ‘slashing waste and fraud’ as the two deploy brinkmanship. Hello, and welcome back to TechScape. This week in tech: Elon Musk and Donald ...The Guardian - 19h -
As Musk cuts federal spending, his own firms have received billions in contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.ABC News - 23h -
Musk gatecrashes OpenAI restructuring
Ongoing operatic rivalry between billionaire and OpenAI chief Sam Altman remains major subtextFinancial Times - 1d -
Judge Rules That Trump Administration Defied Order to Unfreeze Billions in Federal Grants
The federal judge in Rhode Island said the Trump administration had failed to comply with his order unfreezing billions of dollars in federal grants.The New York Times - 1d -
Elon Musk Leads $97.4 Billion Bid to Control OpenAI
The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more money.The New York Times - 1d -
Musk-led investor group offers $97.4 billion for OpenAI — Altman declines
According to The Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.CNBC - 1d -
Elon Musk-led investor group offers $97.4 billion for control of OpenAI
Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to take control of artificial intelligence pioneer OpenAI.CBS News - 1d -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - 1d -
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Trump Expects Musk to Find Billions in Pentagon Waste Next
The Pentagon’s budget is roughly $1 trillion per year.Inc. - 2d -
Trump predicts ‘billions’ of dollars of Pentagon fraud in Fox News interview
President targets education department and military in pre-Super Bowl chat and repeats wish for Canada to be 51st state. Super Bowl 2025 – live updates Donald Trump said that he expects Elon ...The Guardian - 2d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 2d -
Trump Plans to Send $8 Billion in Arms to Israel, Bypassing Some Lawmakers
President Biden announced the arms sales at the end of his administration, and President Trump is pushing it soon after his meeting with Prime Minister Benjamin Netanyahu of Israel.The New York Times - 3d -
Trump amends CBS '60 Minutes' lawsuit and demands $20 billion
President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.Los Angeles Times - 3d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 3d -
What does Elon Musk believe?
The man given free rein by Trump to crusade against the federal government supported Democrats until 2022. But some of Musk’s longstanding positions lead a straight line to his far-right ...The Guardian - 3d -
This HR Company Valued at $12 Billion Just Announced Plans to IPO. Here’s Why Other Companies Are Watching Closely
Human Resources startup Deel recently hit an annual revenue run rate of $800 million.Inc. - 4d -
Democrats Take Aim at Elon Musk
It’s the first sign of unified opposition for a rudderless and leaderless Democratic Party.The New York Times - 4d -
A.I. Military Start-Up Anduril Close to Deal That Would Value It at $28 Billion
The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.The New York Times - 4d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 4d -
Inside Elon Musk's government takeover
A tech-focused media outlet has become a premiere source for breaking news on Elon Musk, his inner circle and their efforts to reshape the federal government. Katie Drummond, global editorial ...CBS News - 4d -
Musk brings tech playbook to Washington
Welcome to The Hill's Technology newsletter {beacon} View Online Technology Technology The Big Story How Musk is using his tech playbook for DOGE campaign Elon Musk and his allies are using ...The Hill - 4d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 4d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 4d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 4d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 5d -