Elon Musk
A look at OpenAI’s tangled web of dealmaking
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI CEO Sam Altman is everywhere. His artificial intelligence startup, now valued at $500 billion, has been inking deals valued in the tens to hundreds of billions of dollars […]
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Musk, Thiel, Bannon named in partially redacted Epstein documents released by Democrats
Charges against Jeffrey Epstein were announced on July 8, 2019 in New York City. Epstein will be charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking of minors. Stephanie Keith | Getty Images News | Getty Images Elon Musk, Peter Thiel and former Trump White […]
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NASA Marshall Space Flight Center director Joseph Pelfrey resigns
A crane towers above the mobile launcher 2 adjacent the Vehicle Assembly Building at Kennedy Space Center on Tuesday, July 22, 2025. Richard Tribou | Tribune News Service | Getty Images The director of NASA’s Marshall Space Flight Center, Joseph Pelfrey, announced his resignation from the role on Thursday, CNBC confirmed. Pelfrey said in an […]
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Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say
U.S. President Donald Trump speaks as he meets with United Nations Secretary-General Antonio Guterres (not pictured) during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters It’s been a chaotic few days for the tech sector, and industry executives and experts are still assessing […]
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Sam Altman on OpenAI’s $850 billion in planned buildouts: ‘People are worried. I totally get that’
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images ABILENE, Texas — Sam Altman stood on a patch of hot Texas dirt, the kind that turns to dust storms on […]
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Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute […]
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Nvidia plans to invest up to $100 billion in OpenAI as part of data center buildout
Nvidia will invest $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around the chipmaker’s AI processors, the companies said on Monday. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, the companies said on Monday. A […]
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OpenAI leads private market surge as 7 tech startups reach combined $1.3 trillion valuation
Three years ago, Sam Altman lit the fuse for what’s become the most explosive bull run in the history of tech startups with the launch of ChatGPT. Along with OpenAI’s rapid rise to a $500 billion valuation, other prominent names like SpaceX, Anthropic and Anduril have seen astronomical markups of late. In total, a basket […]
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Elon Musk’s xAI raising $10 billion at $200 billion valuation: sources
Elon Musk’s xAI is raising $10 billion from investors in a round that values the artificial intelligence startup at $200 billion, sources told CNBC’s David Faber. It’s the latest example of skyrocketing valuations for companies developing foundational AI models. Earlier this month, Anthropic raised $13 billion at a $183 billion valuation. OpenAI, the largest company […]
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Ten years after selling Periscope to Twitter, startup’s co-founder raises $40 million for Macroscope
Macroscope employees. Macroscope It’s been a decade since Kayvon Beykpour sold Periscope to Twitter for a reported $100 million, allowing the social media site to jump into livestreaming. Twitter shuttered Periscope in 2021, and the parent company, now called X and owned by Elon Musk, gravitated to a live events product called Spaces. Meanwhile, Beykpour, […]
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