Tag: OpenAI – Forge Global
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Bessent says U.S. could sanction China over AI model ‘theft’
Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.
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The White House is dictating access to frontier AI models, shifting power from tech giants
The Trump administration is taking steps to control who gets access to the latest frontier models, sources familiar with the matter told CNBC.
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Elon Musk’s Memphis AI empire is the epicenter of the data center backlash
Data center-related policy proposals, protests and litigation are underway across the country citing Colossus and Memphis as a cautionary tale.
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Alphabet shares fall on report its most powerful AI model Gemini 3.5 Pro is delayed
Alphabet announced the Gemini 3.5 Pro AI in May, saying it was being used internally but wouldn’t be ready for a broader rollout until the following month.
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Apple in talks with startup that shrinks AI models to run on an iPhone
PrismML says its compressed version of Alibaba’s Qwen model uses up to 15 times less memory, potentially advancing Apple’s AI push.
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Chamath Palihapitiya says soaring AI token spend will hit companies’ earnings
Palihapitiya is part of a growing chorus of investors and tech executives who are cautioning that the tokenmaxxing era is coming to an end.
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Apple sues OpenAI alleging trade secret theft, says scheme was ‘at every level’
The two companies entered into a high-profile partnership in 2024 when ChatGPT was integrated into the iPhone’s operating system.
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Elon Musk postpones first TV interview since SpaceX went public: Live updates
Elon Musk’s space and AI company SpaceX began trading on June 12 in a historic IPO that raised $85.7 billion.
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Palo Alto CEO Arora says AI pricing needs to fall 90% as token costs skyrocket
Palo Alto Networks CEO Nikesh Arora said high token costs could prevent businesses from adopting artificial intelligence at scale.
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SpaceX stock closes below debut price at $148 in two-day slide after Nasdaq 100 inclusion
SpaceX’s record IPO raised a total of $85.7 billion after underwriters exercised the “greenshoe” overallotment.
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