Tech billionaire Elon Musk’s bid to take control of OpenAI is fanning the flames of a longtime feud with co-founder and CEO Sam Altman and complicating the path forward for the popular ChatGPT-maker.
The unsolicited $97.4B bid by a group led by Elon Musk for the non-profit that controls OpenAI is not competitive, and likely aimed at slowing down the startup's capital raising process, Wedbush ...
Wedbush analysts believe Tesla (NASDAQ:TSLA) CEO Elon Musk's unsolicited $97.4 billion bid for OpenAI's controlling nonprofit ...
Investment firm Wedbush Securities recently suggested that Musk's offer for OpenAI was an attempt at slowing down its new funding round and not a serious offer to acquire the company.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
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MT Newswires on MSNPalantir Stands to Gain Under New Federal Defense Spending Strategy, Wedbush SaysPalantir Technologies (PLTR) is poised to benefit from the Trump administration's new defense spending strategy, which will ultimately be a positive growth catalyst for the software maker, Wedbush ...
Chinese AI startup DeepSeek's release of new AI models spurred a selloff in U.S. tech stocks, but some investors think the competitive concerns may be overblown.
DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities analyst Dan Ives pegged at only $6 million. By comparison, OpenAI ...
Stocks tumbled after a Chinese AI startup said its models can compete with the likes of ChatGPT and other U.S.-based models at a fraction of the cost.
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
“I do think it muddies the waters for OpenAI in terms of complicating the fundraising process,” Wedbush Securities analyst Dan Ives told The Hill. “Once the bid is received, they [the board ...
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