OpenAI President Greg Brockman concluded his testimony in the ongoing Musk vs. Altman trial by disputing Elon Musk's version of OpenAI's early days and corporate structure. Brockman emphasized that OpenAI remains a nonprofit and revealed that Musk had OpenAI employees secretly work on Tesla's self-driving technology in 2017. The trial centers on Musk's lawsuit accusing OpenAI leaders of breaking their nonprofit vow, with Musk also alleging attempts to "steal a charity." Brockman described Musk as a polarizing figure who was often unavailable, and recounted a heated boardroom incident where Musk reacted angrily to equity negotiations. The trial will continue with further testimonies soon.
SpaceX's IPO quiet period ends this week, allowing analysts to publish ratings as the stock joins the Nasdaq 100. Options trading shows strong bullish sentiment, with calls at $180 and $190 implying an 11-17% upside. PepsiCo reports earnings amid mix...
Michael Burry, known for predicting the 2008 housing crash, has initiated a short position on Micron, arguing the stock is overvalued after a 209% rally this year. He highlights Micron's history of severe price drops, weak profitability metrics, and ...
Five Wall Street analysts reaffirmed their mostly bullish stance on Tesla stock for the next 12 months, with price targets ranging from $400 to $475. Despite some maintaining 'Hold' ratings, the outlook is supported by Tesla's strong Q2 production an...
Amazon is advancing its AI efforts by developing new generations of screenless, AI-enabled devices centered around an upgraded Alexa assistant called Alexa+. This assistant aims to be more contextual and integrated into daily life, moving away from t...
A Texas man using Tesla's autopilot crashed his Model 3 into a house at high speed, killing a 76-year-old woman inside. Michael Butler was charged with manslaughter and is held on $150,000 bond. The National Highway Traffic Safety Administration is i...
