Various factors have weighed on tech stocks this year, including investor unease over Trump's tariffs and AI spending.
“I do think it muddies the waters for OpenAI in terms of complicating the fundraising process,” Wedbush Securities analyst Dan Ives told The Hill. “Once the bid is received, they [the board ...
Investment firm Wedbush Securities recently suggested that Musk's offer for OpenAI was an attempt at slowing down its new funding round and not a serious offer to acquire the company.
The OpenAI and Oracle Corp. partnership will launch the Stargate data center, with $100 billion investment in Texas. This will impact AI and semiconductor sectors, with ETFs like ARCA: AIS and NASDAQ: ...
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the ...
When asked if he thought Musk's targeting of OpenAI stemmed from insecurity, Altman, the CEO of OpenAI, told Bloomberg that "probably his whole life is from a position of insecurity. I feel for ...
OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to ...
In an update on the bid by an Elon Musk-led consortium to buy the non-profit that controls OpenAI, Musk’s lawyers have reportedly stated in a court filing that they will withdraw the $97.4 ...
OpenAI’s board of directors has formally rejected a $97.4 billion bid by Elon Musk and other investors to purchase the company. “OpenAI is not for sale, and the board has unanimously rejected ...
Nvidia (NVDA)-backed CoreWeave, an artificial intelligence (AI) cloud-computing startup, has locked in a nearly $12 billion ...