A day after Elon Musk lost his case This threatens OpenAI’s structure, leadership and finances, sources said, with the AI giant set to move forward with its initial public offering. wall street journal. OpenAI chief executive Sam Altman reportedly hopes his company will be ready to go public by September. The ChatGPIT maker is working…
OpenAI is preparing to confidentially file a draft of its IPO prospectus as soon as Friday, as the company gears up for what could be one of the largest public markets debuts in history, CNBC confirmed on Wednesday. The artificial intelligence company, which is valued at more than $850 billion by private investors, is working…
Tesla and SpaceX CEO Elon Musk attends a state banquet for President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Brendan Smialowski | Afp | Getty Images SpaceX, which is getting set to publicly disclose its IPO prospectus, has picked Goldman Sachs to…
CEO of OpenAI Sam Altman arrives at the courthouse on the day of the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S., May 12, 2026. Carlos Barria | Reuters OpenAI on Tuesday announced a new offering called Guaranteed Capacity, which allows customers to secure long-term access…
Elon Musk arrives to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Benjamin Fanjoy | Getty Images Elon Musk lost his lawsuit against OpenAI CEO Sam Altman on Monday, ending one round in the fight between the former friends and co-founders, and setting the stage for an even…
After less than two hours of deliberations, a jury on Monday rejected Elon Musk’s claims against OpenAI CEO Sam Altman, ending a dramatic chapter in the bitter rivalry between the two tech billionaires, who were once close friends. The court, led by U.S. District Judge Yvonne Gonzalez Rogers, agreed with the advisory jury’s determination that…
Tech billionaire and Tesla founder Elon Musk walks through the Great Hall of the People with his son X Æ A-XII. Picture Alliance | Picture Alliance | Getty Images Elon Musk‘s lead counsel, Steven Molo, apologized to the jury for his absence on Thursday, with the Tesla and SpaceX CEO accompanying President Donald Trump in…
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a person with knowledge of the matter. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in at…
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Elon Musk’s courtroom battle with Sam Altman over the last couple weeks has primarily revolved around the evolution of OpenAI. But it’s also shined a…
A combination photo shows CEO of OpenAI Sam Altman (L) on April 28, 2026 and Elon Musk on April 29, 2026 during the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S. Manuel Orbegozo | Reuters OpenAI CEO Sam Altman testified in the Musk v. Altman trial…
