Tech executives line up to get on the president-elect’s good side just a month before he takes the oath of office for a second time.
Most notably, there’s co-founder Elon Musk, who now runs rival startup xAI, and is in the midst of a heated legal battle with OpenAI CEO Sam Altman.
A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.
OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. A spokesperson for OpenAI confirmed the move on Friday.
Mark Zuckerberg's Meta, the parent company of Facebook and Instagram, also plans to send $1 million to Trump's inaugural fund. OpenAI CEO Sam Altman plans to make a $1 million personal donation to Trump's inaugural fund, according to an OpenAI spokesperson. Fox News Digital first reported Altman's intended donation.
Mr. Altman and OpenAI have recently hired key executives who previously worked for the Clinton, Obama and Biden administrations.
Over the past month, we've seen a rapid cadence of notable AI-related announcements and releases from both Google and OpenAI, and it's been making the AI community's head spin. It has also poured fuel on the fire of the OpenAI-Google rivalry, an accelerating game of one-upmanship taking place unusually close to the Christmas holiday.
OpenAI said Monday it’s releasing its buzzy AI video-generation tool, Sora, later in the day. TakeAway Points: OpenAI, which gained widespread recognition last year as a result of ChatGPT’s viral success,
OpenAI declined to comment ... Previously, she reported on Amazon for Yahoo Finance, and her investigation of the company's retail practice was cited by lawmakers in Congress.
OpenAI just announced o3 and o3 mini, its next-gen reasoning models.
OpenAI CEO Sam Altman is planning on donating $1 million to president-elect Donald Trump's inauguration fund, Fox News reported on Friday.
This week highlights OpenAI unveiling its o3 models, Amazon’s new password sharing policies, rumors of the iPhone SE 4 being renamed to iPhone 16e, WhatsApp’s seasonal features, and Google’s announcement of a 10% job cut in managerial positions.