Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity 
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount 
AI-Guided Drones Transform Ukraine’s Battlefield Strategy 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Elon Musk’s consortium has offered $97.4 billion to acquire OpenAI’s nonprofit arm, escalating tensions between Musk and OpenAI CEO Sam Altman over the AI company’s shift to a for-profit model. Altman quickly dismissed the bid, humorously suggesting OpenAI could buy Twitter for $9.74 billion instead.
Musk, who co-founded OpenAI in 2015 but left before its rise, has been vocal about keeping AI development open-source and safety-focused. His lawsuit against OpenAI claims the company abandoned its nonprofit mission for profit.
The billionaire, who now runs xAI, Tesla, and X (formerly Twitter), is a key ally of Donald Trump and heads the Department of Government Efficiency, a White House initiative to reduce federal bureaucracy. Recently, Musk opposed a $500 billion AI project backed by OpenAI and Trump’s administration.
Musk’s bid complicates OpenAI’s ongoing fundraising, with investors like SoftBank considering a $40 billion investment at a $300 billion valuation. OpenAI was last valued at $157 billion.
Legal and financial challenges loom over Musk’s offer. Experts note that OpenAI’s board must evaluate all bids in the best interest of its beneficiaries, which could make rejecting Musk’s bid problematic. Financing such a massive deal could require Musk to sell Tesla shares or leverage his stakes in SpaceX and other ventures.
Despite skepticism, Musk’s bid may slow OpenAI’s transition to a for-profit entity, influencing AI’s future direction. With increasing scrutiny on AI governance, this high-stakes battle is far from over.
