Elon Musk
Sam Altman says Musk aims to ‘slow down a competitor’ with his $97.4-billion bid for OpenAI
PARIS — Elon Musk aims to “slow down a competitor” when the investor group he led put forward a $97.4 billion proposal for control of OpenAI, the company’s CEO Sam Altman told CNBC on Tuesday. Asked how seriously he is taking Musk’s bid, which Altman previously declined in a X social media post, the OpenAI chief said: “Not particularly.” […]
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CNBC Daily Open: Trump’s cuts continue sweeping through the US government, and even the penny is not spared
Rolls of US pennies are seen in this photo illustration in Washington, DC, February 10, 2025. Saul Loeb | Afp | Getty Images It’s been just over three weeks into the second term of U.S. President Donald Trump, and the flurry of announcements from the White House shows no sign of abating. The administration is […]
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Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk, chief executive officer of Tesla Inc., ahead of the 60th presidential inauguration parade at Capital One Arena in Washington, DC, US, on Monday, Jan. 20, 2025. Victor J. Blue | Bloomberg | Getty Images Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The […]
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Trump gets high approval ratings for his first weeks, new CBS poll finds
Football – NFL – Super Bowl LIX – Philadelphia Eagles v Kansas City Chiefs – Caesars Superdome, New Orleans, Louisiana, United States – February 9, 2025 U.S. President Donald Trump salutes before the game Evelyn Hockstein | Reuters President Donald Trump received one of his highest job approval ratings in his decade-long political career, after […]
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Judge to consider extending pause on Trump’s federal worker buyout plan
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters The federal judge who paused the Trump administration’s offer of mass buyouts for government workers will hear arguments Monday afternoon about the legality of the “deferred resignation” program. […]
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Musk calls to impeach judge whose order blocks DOGE from Treasury systems access
Elon Musk has called to impeach a federal judge in New York, Paul Engelmayer, over an order that temporarily restricts the tech centi-billionaire and his DOGE team from accessing U.S. Department of Treasury payment systems and sensitive data. Over the weekend an outraged Musk posted on X, the social network he owns, calling Engelmayer, “A […]
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Trump’s AI ambition and China’s DeepSeek overshadow an AI summit in Paris
Omer Taha Cetin | Anadolu | Getty Images The geopolitics of artificial intelligence will be in focus at a major summit in France where world leaders, executives and experts will hammer out pledges on guiding the development of the rapidly advancing technology. It’s the latest in a series of global dialogues around AI governance, but […]
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Trump’s acting Consumer Financial Protection Bureau chief halts all supervision of companies
Russell Vought, President-elect Donald Trump’s pick to be director of the Office of Management and Budget, arrives for a meeting at the office of Sen. Chuck Grassley, R-Iowa, in Hart building on Monday, December 16, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images Russell Vought, President Donald Trump’s newly installed head of the […]
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Staffer with Elon Musk’s DOGE amplified white supremacists online
One of the people working with billionaire Elon Musk in his efforts to overhaul the U.S. government is a Berkeley-educated computer scientist who has boosted white supremacists and misogynists online. Gavin Kliger lists his job on LinkedIn as “Special Advisor to the Director” at the Office of Personnel Management, which has been spearheading Musk’s efforts […]
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Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say
SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber. SoftBank would pay out the funding, which would mean a $300 billion post-money valuation for OpenAI, over the next 12 to 24 months, with the first payment coming as soon as spring, […]
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