The Endeavor CEO was enlisted to join investors who put in an unsolicited offer to buy OpenAI's majority share of its for-profit arm.

OpenAI’s board of directors has turned down Elon Musk’s $97.4 billion bid to buy the nonprofit that controls the artificial ...

"It’s hard to see how that trade determined by Sam on both sides of the negotiating table would further the charity’s ‘mission,'" the Endeavor CEO says ...

Elon Musk says he will abandon his $97.4 billion offer to buy the nonprofit behind OpenAI if the ChatGPT maker drops its plan ...

shifting focus to Jaguar Shores for system-level solutions in the AI data center market. Interim co-CEO Michelle Johnston Holthaus acknowledged that Gaudi chips have not met expectations and ...

Anthropic Chief Executive Officer Dario Amodei said that his AI startup is racing to secure the computing power needed to meet demand for its generative AI chatbot Claude. “The surge in demand ...

China-based DeepSeek AI is pulling the rug out from under OpenAI. The DeepSeek algorithm is ‘open weight,’ which is similar to but different from ‘open source.’ Hardware limits ...

President Trump’s recent announcement of the Stargate project — a joint venture between Open AI, Softbank (a Japanese company), Oracle and MGX (a UAE-based investment fund) — could be a very ...

During the meeting, Trump and Huang had a good rapport and discussed the administration’s AI goals, one person added. Tesla CEO Elon Musk, who is now advising Trump, joined the meeting ...

Without addressing the specifics of DeepSeek's newly revealed R1 model, ASML CEO Christophe ... that power AI models. Last week, DeepSeek released R1, an open-source reasoning model that claims ...

In a Washington Post op-ed with MakerMaker.AI CEO Dhaval Adjodah, Schmidt argued that DeepSeek’s AI shows the need for American companies to develop open-source models. “The United States already has ...

Former Google CEO Eric Schmidt said Tuesday that the rise of DeepSeek, the Chinese startup behind a new artificial intelligence (AI) model taking the internet by storm, marks a “turning point ...