New Delhi, May 5 (IANS) Billionaire entrepreneur Elon Musk has agreed to pay $1.5 million to settle a case with the US Securities and Exchange Commission (SEC) over delayed disclosure of his stake in Twitter (now known as X), according to multiple reports.The settlement which is subject to court approval, will be paid by the Elon Musk Revocable Trust, which the SEC added as a defendant in the case, the regulator said.The regulator has alleged that the trust failed to timely disclose beneficial o…
Latest Sam Altman News & Updates
New Delhi, April 29 (IANS) Tesla and xAI CEO Elon Musk has testified in a high-stakes trial against OpenAI, accusing the artificial intelligence firm and its CEO Sam Altman of abandoning the organisation’s founding nonprofit mission in favour of commercial interests.Reports claim that the case in a federal court in Oakland centres on Musk’s claim that OpenAI deviated from its original goal of developing safe AI for the benefit of humanity and instead evolved into a profit-driven entity compe…
New Delhi, April 27 (IANS) Elon Musk and Sam Altman — once allies in building what they envisioned as a nonprofit safeguard against runaway AI — were set to face each other in a federal courtroom on Monday as a jury begins to decide whether Altman betrayed that founding promise by steering OpenAI toward a $852 billion commercial empire, as per reports.The trial, which opens with jury selection in Oakland, California, centres on allegations that OpenAI — co-founded in 2015 with early funding f…
New Delhi, April 25 (IANS) OpenAI CEO Sam Altman has apologised for the AI company’s failure to alert law enforcement agencies about warning signs linked to a teenager who later carried out one of Canada’s recent deadliest mass shootings.The apology came after more than two months of attack in which 18-year-old Jesse Van Rootselaar killed her mother and half-brother before opening fire at a secondary school in Tumbler Ridge, British Columbia, leaving five children and a teacher dead, accordi…
New Delhi, April 25 (IANS) Elon Musk, CEO of Tesla, has reportedly withdrawn fraud claims against OpenAI and its co-founders Sam Altman and Greg Brockman, narrowing the scope of his lawsuit on the eve of trial.As per reports, Yvonne Gonzalez Rogers, a US court judge, has allowed Musk to streamline the case, leaving just two claims, unjust enrichment and breach of charitable trust, out of the 26 included in his November 2024 complaint.Jury selection is scheduled to begin on Monday in a federal co…
New Delhi, April 11 (IANS) OpenAI CEO Sam Altman said on Saturday that a suspect hurled a Molotov cocktail at his San Francisco residence in the US, supposedly due to anger against tech leaders amid rising public anxiety about artificial intelligence (AI).Altman posted on his personal blog a photograph of his private life and his child, following a dual-pronged attack targeting both the residence and the office of Altman. “The first person did it last night, at 3:45 am. Thankfully it bounced o…
New Delhi, April 8 (IANS) Elon Musk — who was a co-founder of OpenAI — has sought the removal of current CEO Sam Altman and President Greg Brockman as part of his legal challenge to the Artificial Intelligence firm’s shift to a for-profit structure, according to reports.In a court filing on Tuesday, Musk said his lawsuit aims to reverse OpenAI’s restructuring and restore its status as a non-profit research organisation, they said.He also requested that any damages awarded in the case be di…
New Delhi, March 21 (IANS) OpenAI — a parent of ChatGPT — plans to nearly double its workforce to around 8,000 employees by the end of the year as it accelerates its push into the enterprise market and seeks to regain ground from rival Anthropic, according to a report.According to Financial Times, the AI company currently has about 4,500 employees and is ramping up hiring across product development, engineering, research and sales, along with specialised roles to help businesses deploy its AI …
New Delhi, Feb 28 (IANS) The United States Department of Defense has decided to deploy OpenAI’s artificial intelligence models on its classified network, even as it distances itself from Anthropic over disagreements on AI safety and military use, OpenAI chief Sam Altman said on Saturday.Altman confirmed the development, saying the company has reached an agreement with the Pentagon to move forward with the deployment.In a post on X, Altman said OpenAI’s discussions with the Department of Defe…
New Delhi, Feb 20 (IANS) The Congress on Friday defended a shirtless protest by members from its frontal organisation for youth at the AI Impact Summit 2026 in Delhi, calling it their expression of anger against the Union government over a reported trade deal with the United States. “Today, Youth Congress comrades have expressed the anger of the youth, farmers and businessmen of the country in the form of protest,” the Congress party posted on its social media “X” handle. “By striking …