World Street | Sam Altman rejects Musk's offer for OpenAI, Hong Kong IPOs to raise $5.5 billion, Meta job cuts in focus, and more
From Ford CEO Jim Farley criticizing Trump’s tariffs, to CATL eyeing Hong Kong’s largest stock offering in four years, here’s ...
OpenAI's $100 Billion Texas Stargate Data Center Will Reportedly Employ Just 57 People With $57,600 Annual Salaries
OpenAI is making big moves with its $100 billion Stargate project. Still, despite its massive price tag, the first data center planned for Abilene, Texas, is raising eyebrows about how few people it ...
Musk to withdraw OpenAI bid if board agrees to charity terms, lawyers say
Elon Musk will withdraw his bid for OpenAI's non-profit arm if the board agrees to preserve the charity's mission, lawyers ...
Elon Musk and OpenAI head to court to spar over nonprofit conversion
Musk’s request to block OpenAI’s conversion is the latest move in a grudge match between the world's richest person and ...
Softbank-Backed Arm Holdings 155% Post-IPO Surge Bolstered by AI Growth and Smartphone Integration
Arm Holdings' stock has surged 157% since its IPO, driven by AI potential, expansion in PC and AI markets, and licensing ...
CEO Sam Altman rejects Elon Musk's offer to buy OpenAI, calls it ‘ridiculous’
A consortium led by Elon Musk said on Feb 10 it has offered $97.4 billion to buy the nonprofit that controls OpenAI. It’s ...
Tesla Stock Is Falling. Musk’s OpenAI Bid Creates 2 Problems for Investors.
The EV maker's investors have to weigh what the CEO’s bid to gain control of the ChatGPT creator means for his time and their ...
Reddit stock tumbles as daily active users fall short of estimates
Reddit is expected to report fourth quarter earnings after the bell Wednesday, nearly a year after its blockbuster IPO.
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Cerebras and Mistral Achieve AI Speed Record, Challenging OpenAI and DeepSeek
Cerebras Systems, a leading AI chipmaker backed by UAE tech giant G42, has teamed up with Frances Mistral to set a new AI ...