Jury selection has started in the high-profile legal case between Elon Musk and Sam Altman concerning OpenAI's shift from its original nonprofit mission. Musk alleges that OpenAI, Altman, and Greg Brockman broke commitments to keep the AI lab nonprofit and seeks remedies including up to $134 billion in alleged wrongful gains. The trial is divided into liability and remedies phases, with the jury advising on liability and the judge making final decisions. This case unfolds as Musk prepares SpaceX's IPO and OpenAI plans its own public offering, highlighting significant stakes in the AI and space industries.
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
The FAA has approved SpaceX to resume Starship prototype flights after identifying the cause of a booster failure in May. The next launch, planned for July 16, will be the second flight of the Starship V3 and will carry the first third-generation Sta...
