OpenAI Close to Deal that Values Company at $300 Billion

Musk Says He’ll Withdraw $97.4 Billion Bid for OpenAI on 1 Condition

Elon Musk and Sam Altman, OpenAI’s CEO, have a long-running feud.

Inc. - 1h

Musk says he'll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit

Elon Musk says he will abandon his $97.4 billion offer to buy the nonprofit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit company

ABC News - 6h

OpenAI Questions Rationale of Elon Musk’s Bid to Control the Company

The company answered the billionaire’s offer in a legal filing, accusing him of hypocrisy.

The New York Times - 19h

Dominion Energy Will Spend $50 Billion to Increase Capacity

The Virginia-based utility firm aims to meet record energy demand from data centers.

Inc. - 1d

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 - 1d

Behind Elon Musk’s Hostile Bid for Control of OpenAI

The tech mogul is unlikely to win. But his goal may be more about making life difficult for the A.I. start-up and its leader, Sam Altman.

The New York Times - 2d

Denny's to close dozens more restaurants in 2025

Denny's was already planning to close dozens of locations this year. Now it's planning to close even more.

The Hill - 3h

Rosenthal porcelain company closes one of its two factories

Yahoo News - 3h

Musk will drop OpenAI offer if it remains a nonprofit: Lawyers

Tech billionaire Elon Musk will withdraw its bid for OpenAI's non-profit arm if the artificial intelligence firm halts its plans to become a for-profit entity, according to a new court filing. "If ...

The Hill - 4h

Avowed Review - Too Close To The Sun

In a similar way to how Obsidian's The Outer Worlds played very closely to a space-faring Fallout, Avowed sticks closely to the sensibilities of The Elder Scrolls V: Skyrim. Its fantasy world isn't ...

GameSpot - 5h

Honda and Nissan Scrap $50 Billion Merger Plan

The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.

The New York Times - 9h

Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round

Olipop's annual sales surpassed $400 million in 2024 as competition heats up with rivals such as Poppi.

CNBC - 23h

Hawaii's Kilauea volcano sends lava over 300 feet into sky in latest eruption

The Kilauea volcano on Hawaii's Big Island is spewing lava as high as 330 feet in the air in yet another eruption. The volcano has been erupting on and off for nearly two months.

CBS News - 1d

Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round

Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company.

NBC News - 1d

'Our turn': Dak lauds Eagles, but Cowboys 'close'

After crediting the rival Eagles for winning a second Super Bowl in eight years, Dak Prescott said the Cowboys are "very close" to winning one of their own.

ESPN - 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 - 2d

PBS closes DEI office

Public broadcaster PBS is closing its office of diversity, equity and inclusion (DEI), The Hill confirmed Tuesday. “In order to best ensure we are in compliance with the President’s executive order ...

The Hill - 2d

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. - 2d

Musk gatecrashes OpenAI restructuring

Ongoing operatic rivalry between billionaire and OpenAI chief Sam Altman remains major subtext

Financial Times - 2d

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 - 2d

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 - 2d

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 - 2d

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. - 2d

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 - 2d

“10,000 Billion Gallons”: A New Ocean Is Forming in Africa

Yahoo News - 2d

Acting CFPB Chief Closes HQ, Stops Supervision

The decision to shutter the office comes less than 24 hours after Trump’s acting CFPB chief suspended all activities.

Inc. - 3d

European companies warn over Trump tariff uncertainty

Executives left guessing at scale and impact of any US levies on EU imports

Financial Times - 4d

Here’s what junk bonds are saying now about the value of Treasury bonds

High-yield bond holders aren’t asking for much of a premium above ultra-safe U.S. Treasurys. Time to own quality.

MarketWatch - 4d

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 - 4d

His company operates over 500 private jet flights a day: This is the No. 1 thing the very rich value most

There's one thing that the super rich value above all else.

CNBC - 5d

Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies

Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.

CNBC - 5d

Pricing Tips for Early-Stage Companies

The right pricing strategy can also be an effective customer retention strategy.

Inc. - 5d

The real deal on Trump and Gaza

Trump's outlandish proposals may serve a subtle and counterintuitive purpose.

The Hill - 5d

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. - 5d

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 - 5d

Trump pauses tariffs on millions of low-value packages from China

President Donald Trump has paused the imposition of tariffs on small-value packages arriving from China

ABC News - 5d

USAID Workforce Slashed From 10,000 to Under 300 as Elon Musk’s DOGE Decimates Agency

The US government’s primary foreign aid organization is losing the vast majority of its staff, forcing the agency’s lifesaving work to screech to a halt.

Wired - 6d

Green Energy Ambitions of European Companies Take a Beating

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

The New York Times - Feb. 6

OpenAI Close to Deal that Values Company at $300 Billion

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