scroll to top arrow or icon

{{ subpage.title }}

People walk behind the logo of SoftBank Corp in Tokyo.

REUTERS/Toru Hanai/File Photo

Hard Numbers: SoftBank’s hardy investment, Grok gets cash infusion, Humane’s rescue plan, Kenya’s tech upgrade, News Corp and OpenAI strike a deal

9 billion: SoftBank, the Japanese technology conglomerate, plans to invest $9 billion per year into artificial intelligence. SoftBank is the main backer of Arm, the British chip design company that went public in September 2023 and has soared nearly 90% since its IPO on market-wide AI fervor.
Read moreShow less

FILE PHOTO: Tesla and SpaceX's CEO Elon Musk pauses during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, Thursday, Nov. 2, 2023.

Kirsty Wigglesworth/Pool via REUTERS/File Photo

Musk takes OpenAI to court

Tesla CEO Elon Musk sued OpenAI and its CEO Sam Altman late last week, saying that they breached the terms of a contract by prioritizing their profits over the public good. In 2015, Musk helped found and fund OpenAI, the artificial intelligence research lab-turned-industry leader. He resigned as co-chair of the company’s nonprofit board of directors in 2018, citing conflicts of interest with his own company, Tesla, which was investing heavily in AI.

Now, Musk alleges that OpenAI violated the terms under which he gave money to OpenAI, but no one seems to have written down those terms.

Read moreShow less

Subscribe to our free newsletter, GZERO Daily