OpenAI has firmly rejected a £97.4 billion ($97.4 billion) takeover bid from a consortium led by Tesla chief executive Elon Musk, declaring the ChatGPT creator is not seeking new ownership.
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The world’s wealthiest entrepreneur, Elon Musk, has issued a stark ultimatum regarding his £97.4 billion bid for OpenAI, stating he will withdraw the offer if the board continues its planned
Japanese technology giant SoftBank has posted a surprising quarterly loss of ¥369.2 billion ($2.4 billion) for the period ending December, marking a significant downturn from its ¥950 billion profit in
The UK government’s consultation on copyright law modifications has come under severe criticism from prominent industry figures, with accusations of being prejudiced towards AI companies at the expense of the
The transatlantic alliance demonstrated its unified stance on artificial intelligence (AI) regulation as both the US and UK declined to endorse a significant declaration at the Paris AI summit, highlighting
In a landmark speech at the AI Action Summit in Paris, Alphabet’s chief executive Sundar Pichai emphasised artificial intelligence as the most significant technological transformation of our era, positioning it
In a dramatic escalation of tensions between technology’s most prominent figures, OpenAI’s chief executive Sam Altman has rebuffed a £97.4 billion takeover attempt from former co-founder Elon Musk, sparking a
British chip design powerhouse Arm Holdings has exceeded market expectations, posting impressive financial results amid heightened global competition in artificial intelligence technologies. The Cambridge-based firm reported a robust 19 per
The parent company of Google, Alphabet, has abandoned its previous commitment to avoid using artificial intelligence for weapons development and surveillance applications. This significant policy shift was announced on Tuesday,
The tech giant Apple has revealed a concerning dip in iPhone sales during its first quarter, primarily attributed to weakening demand in the Chinese market. Despite the introduction of artificial
Alphabet, the parent company of Google, witnessed a significant drop in its share price following disappointing sales figures from its cloud computing division, raising concerns about the company’s substantial investments
OpenAI has unveiled its latest advancement in artificial intelligence with the launch of a groundbreaking tool called ‘deep research’. The San Francisco-based technology giant asserts this innovative system can produce
The technological landscape experienced a seismic shift as DeepSeek’s groundbreaking artificial intelligence model demonstrated capabilities matching OpenAI’s o1 at a significantly reduced cost. This development sent shockwaves through global markets,
In a significant market development, Microsoft witnessed a staggering £200 billion erosion in market capitalisation after its cloud division reported growth figures below Wall Street’s projections, highlighting the tech giant’s
In an embarrassing turn of events, Virgin Money’s AI-powered chatbot has publicly scolded a customer for using the word “virgin” in their query, highlighting the potential risks of deploying external
In a significant development within the artificial intelligence sector, OpenAI has announced it has discovered evidence suggesting Chinese AI startup DeepSeek employed OpenAI’s proprietary models to train its own open-source