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OpenAI completes restructure, solidifying Microsoft as a major shareholder

OpenAI completes restructure, solidifying Microsoft as a major shareholder

Finance News

OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI on Tuesday announced it has completed its recapitalization, and its nonprofit will own an equity stake in its for-profit arm that is currently valued at about $130 billion. This […]

OpenAI completes restructure, solidifying Microsoft as a major shareholder Read More »

OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’

OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’

Technology News

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI on Monday said the U.S. needs to substantially ramp up its investment in new energy capacity if it wants to

OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’ Read More »

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month

Technology News

ESPN and YouTube TV. David Buono | Icon Sportswire | Jaque Silva | NurPhoto | Getty Images Just a month after reaching an agreement with NBCUniversal to avoid dropping its networks, YouTube TV has another potential blackout on its hands — this time with Disney. Disney said Thursday it would begin running public messages for

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month Read More »

OpenAI buys AI startup that built interface for Apple computers

OpenAI buys AI startup that built interface for Apple computers

Technology News

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI on Thursday announced it has acquired Software Applications Incorporated, a small company that built an artificial intelligence interface for Apple

OpenAI buys AI startup that built interface for Apple computers Read More »

WBD rejected three Paramount takeover offers, the last for just under per share, sources say

WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say

Business News

Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources. Paramount’s last offer was for just under $24 per share and comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per

WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say Read More »

CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy

CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy

Technology News

Cast and filmmakers hop on the KPop Demon Hunters-Sing Along Experience at Paris Theater on August 23, 2025 in New York City, U.S. Roy Rochlin | Getty Images Entertainment | Getty Images Netflix’s business leaders and investors probably aren’t enjoying a soda pop after the release of its third-quarter results. While the company’s revenue met

CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy Read More »

Anthropic CEO disputes Trump AI czar David Sacks’ claims that company is ‘woke’

Anthropic CEO disputes Trump AI czar David Sacks’ claims that company is ‘woke’

Finance News

Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic CEO Dario Amodei addressed “inaccurate claims” about the artificial intelligence startup’s policy stances on Tuesday after repeatedly facing criticism from David Sacks, the venture capitalist serving as President Donald Trump’s AI and crypto czar. Amodei said the company is aligned with

Anthropic CEO disputes Trump AI czar David Sacks’ claims that company is ‘woke’ Read More »

Apple and F1 reach 5-year media deal, bringing all races to Apple TV streaming in the U.S.

Apple and F1 reach 5-year media deal, bringing all races to Apple TV streaming in the U.S.

Business News

Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB20 leads Carlos Sainz of Spain driving (55) the Ferrari SF-24 and Lando Norris of Great Britain driving the (4) McLaren MCL38 Mercedes into turn 1 at the start during the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez Peter Fox –

Apple and F1 reach 5-year media deal, bringing all races to Apple TV streaming in the U.S. Read More »

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