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OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed

OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed

Elon Musk lost his case against OpenAI and its top executives in a high-stakes trial that pitted billionaire against billionaires
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Goldman Sachs set to be named lead left underwriter for SpaceX IPO, source says

Goldman Sachs set to be named lead left underwriter for SpaceX IPO, source says

May 19 (Reuters) - Goldman Sachs is expected to secure the much-coveted lead left position in Elon Musk's rocket and satellite maker SpaceX's initial public offering, a source familiar with the matter told Reuters on Tuesday.
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Exclusive-Intuit to cut 17% of global jobs to streamline operations, memo shows

Exclusive-Intuit to cut 17% of global jobs to streamline operations, memo shows

By Rashika Singh and Jaspreet Singh May 20 (Reuters) - Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an internal memo seen by Reuters on Wednesday.
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OpenAI to Confidentially File for IPO, Aiming for Major Market Debut

OpenAI to Confidentially File for IPO, Aiming for Major Market Debut

OpenAI to Confidentially File for IPO, Aiming for Major Market Debut
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Investment bank Lincoln International raises $421 million in US IPO

Investment bank Lincoln International raises $421 million in US IPO

May 19 (Reuters) - Lincoln International said on Tuesday it has raised $421 million in its U.S. initial public offering, paving the way for one of the rare public market debuts by an investment bank.
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SpaceX Selects Goldman Sachs to Lead Record-Breaking IPO, Aiming for Historic Valuation

SpaceX Selects Goldman Sachs to Lead Record-Breaking IPO, Aiming for Historic Valuation

SpaceX Selects Goldman Sachs to Lead Record-Breaking IPO, Aiming for Historic Valuation
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Instant View: California jury sides with OpenAI over Musk lawsuit

Instant View: California jury sides with OpenAI over Musk lawsuit

May 18 (Reuters) - A U.S. jury in Oakland, California, ruled against Elon Musk in his lawsuit against OpenAI on Monday, finding the artificial intelligence company not liable for allegedly straying from its original mission to benefit humanity. 
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Elon Musk Loses Court Case Against OpenAI, Plans to Appeal

Elon Musk Loses Court Case Against OpenAI, Plans to Appeal

Elon Musk Loses Court Case Against OpenAI, Plans to Appeal
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Key moments in the Musk vs OpenAI trial

Key moments in the Musk vs OpenAI trial

By Tom Hals May 18 (Reuters) - Elon Musk failed to convince a jury on Monday that OpenAI's CEO Sam Altman and President Greg Brockman broke their agreement to maintain the maker of ChatGPT as a nonprofit to benefit humanity. The jury decided Musk waited too long to sue.
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Elon Musk Loses Lawsuit Against OpenAI and Sam Altman

Elon Musk Loses Lawsuit Against OpenAI and Sam Altman

Elon Musk Loses Lawsuit Against OpenAI and Sam Altman
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Elon Musk loses lawsuit against OpenAI

Elon Musk loses lawsuit against OpenAI

By Kenrick Cai and Deepa Seetharaman OAKLAND, California May 18 (Reuters) - A U.S. jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world's richest person for having allegedly strayed from its original mission to
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SpaceX Plans IPO with $1.75 Trillion Valuation, Aiming for June Launch

SpaceX Plans IPO with $1.75 Trillion Valuation, Aiming for June Launch

SpaceX Plans IPO with $1.75 Trillion Valuation, Aiming for June Launch