Sir Jony Ive joins Altman’s OpenAI in $6.5bn deal May 22, 2025 OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware. Under the deal, OpenAI [...]
The Capitalist: Next Pope odds, ChatGPT etiquette and miserable Brits April 24, 2025 Papal betting, ChatGPT etiquette and miserable Brits; catch up on the latest City gossip in this week's edition of The Capitalist.
OpenAI cuts safety tests in ‘reckless’ AI push April 11, 2025 OpenAI has slashed the time it will spend testing its most powerful artificial intelligence (AI) models, raising concern that the $300bn company is prioritising speed over safety in the global AI arms race. Once known for its rigorous approach to AI risk, OpenAI is now giving safety evaluators just days – sometimes even less than [...]
OpenAI countersues Musk as Altman feud escalates April 10, 2025 OpenAI has filed a counter-lawsuit against Elon Musk accusing the Tesla and X chief of attempting a hostile takeover. The claim, under “further unlawful and unfair action”, also cited orchestrating a campaign of harassment, designed to derail the AI company’s transition to a for-profit model. The legal filing, submitted on 9 April, 2025, in a [...]
Judge rejects Elon Musk’s bid to block OpenAI’s for-profit shift March 5, 2025 A US court has denied Elon Musk’s request to stop OpenAI from transitioning into a for-profit firm, a significant setback for the billionaire behind X. District Judge Yvonne Gonzalez Rogers ruled on Tuesday that Musk had not met the necessary criteria for a preliminary injunction. She cited “the public interest at stake and potential for [...]
Elon Musk’s xAI takes on rival OpenAI with new bot February 18, 2025 Elon Musk’s artificial intelligence (AI) company, xAI, has officially launched its new chatbot, escalating competition with its generative rivals such as OpenAI, Google’s Gemini and Microsoft’s Copilot. The model, Grok-3, was officially launched on Tuesday and is set to be the tech giant’s most powerful AI chatbot yet. Tech titan and chief executive Musk labeled [...]
Google parent firm Alphabet drops pledge on using AI tech for weapons and surveillance February 5, 2025 Google’s parent company Alphabet has removed its commitment to avoiding artificial intelligence (AI) applications for weapons and surveillance from its ethical guidelines. The tech behemoth stressed the importance of collaboration between businesses and democratic governments to develop AI that “protects people, promotes global growth, and supports national security.” The revised guidelines were announced in a [...]
Sam Altman vs Thomas Tuchel: Should you go back to a job you’ve left? June 1, 2024 As Tuchel and Bayern Munich part ways, professor of management Michael Smets examines the risks and rewards of returning to a job Thomas Tuchel: Should He Stay or Should He Go? That’s the key question in European football now that most seasons have ended. Jurgen Klopp answered for himself and bid an emotional farewell to [...]
News Corp: The Times and Sun publisher pens ‘beautiful friendship’ deal with OpenAI worth £200m May 23, 2024 OpenAI now has access to current and archived content from many of News Corp's publications, including The Times and The Sun.