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SoftBank Group beats Toyota, becomes Japan's most valuable firm; CEO can thank Sam Altman
Tech investing giant SoftBank Group has dethroned Toyota to become Japan’s most valuable company, ending Toyota’s over 20-year streak at the top of the Japanese market, signaling a chang as investor enthusiasm moves from traditional manufacturing to the artificial intelligence (AI) sector. The Masayoshi Son-led firm has invested heavily in OpenAI, the maker of ChatGPT. SoftBank shares skyrocketed more than 14% this week to close at an all-time high, driving its total market valuation to a...
After fighting publicly, Sam Altman & Dario Amodei join hands; send letter to US Congress
Sam Altman and Dario Amodei have been engaged in a public conflict for years now. From disagreement over AI technology at OpenAI to Anthropic CEO openly criticizing the ChatGPT-maker’s contract with the US Department of Defense, the friction has become one of the most closely watched rivalries in the AI industry. In a latest, the two have come together along with other tech CEOs and leaders urging members of Congress to adopt new laws that would make it harder for bad actors to develop...
France's Macron invites Sam Altman to attend G7, OpenAI tells CNBC
OpenAI chief Sam Altman will be attending the G7 conference in France later this month, CNBC has learned, as President Emmanuel Macron steps up efforts to court tech leaders across the globe in support of the country's AI ambitions. France is hosting 2026's G7 conference — an annual meeting of heads of state or government — from June 15-17, with AI expected to feature prominently on the agenda. Altman was invited by Macron to participate in the Leaders Summit, OpenAI told CNBC exclusively,...
Cognizant CEO calls AI tokens metric wrong; says it shouldn't be equated to productivity
Cognizant CEO Ravi Kumar S. has pushed back against the growing reliance on ‘AI tokens’ as a measure of productivity, calling the metric misleading and‘a vanity exercise’. According to a report by Fortune, speaking at Fortune’s COO Summit in Scottsdale, Arizona, Kumar emphasised that the companies should focus on outcmes rather than token consumption, a practice he feels has distorted how the industry evaluates artificial intelligence. For months, tech leaders inclduing Sam Altman of OpenAI...
Does Donald Trump Love or Hate AI?
For months now, the White House has hinted that it may try to rein in the AI industry. Just two weeks ago, the nation’s top tech executives—including Sam Altman and Dario Amodei—were invited to attend a ceremony for the signing of a long-anticipated executive order on AI. But just hours before the ceremony, Donald Trump scrapped it.
How the FBI and law enforcement plan to deploy drones to keep FIFA World Cup games safe
How the FBI and law enforcement plan to deploy drones to keep FIFA World Cup games safe 03:37 UP NEXT Anthropic Warns AI May Soon Be Able to Improve Itself 00:37 Startup aims to launch data centers to space 07:07 Telecommunications companies are adapting to natural disasters by investing in new tech 02:41 Florida Sues Open AI and Sam Altman Alleging Safety Issues 00:38 Video Shows Moment Blue Origin Rocket Explodes on Launchpad 02:44 NASA’s Jared Isaacman shares moon base plans 13:31
Public ownership of AI? US officials eye stake in tech revolution
From Washington to Brussels, the fight over who controls artificial intelligence is reaching a turning point, and history suggests the public has always had to wrestle essential technology from completely private control. What do AI mogul Sam Altman, Democratic Party firebrand Bernie Sanders and Donald Trump all have in common? All three want the public to have a stake in the AI boom.
Trump administration, OpenAI discussing possible government stake in the AI startup
OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday. The discussions have been in progress for more than a year, as Altman first shared the idea with the Trump administration in 2025, according to a source familiar with the matter who asked not to be named because the details are confidential. The talks continued this week as Altman met with a range of lawmakers and officials in...
Instant View: Anthropic IPO filing ratifies Wall Street's AI obsession
Instant View: Anthropic IPO filing ratifies Wall Street's AI obsession NEW YORK, June 1 : AI giant Anthropic said on Monday it has confidentially filed for a U.S. initial public offering, teeing up a watershed moment for Wall Street's AI frenzy. Tech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price its IPO this month and Anthropic rival OpenAI, led by Sam Altman, is waiting on deck. U.S. stocks were mixed on...
AI leaders call for tougher protections against AI-aided bioweapons
Some of the AI industry's biggest rivals have put their many, many grievances aside for a common cause: making it harder for people to use their technology to develop biological weapons. In an open letter to US lawmakers, tech leaders are pressing Congress to enact rules closing what they say is an alarming biosecurity gap that could help trigger a global pandemic. Anthropic's Dario Amodei, OpenAI's Sam Altman, and Microsoft's Mustafa Suleyman are among the signatories urging US lawmakers to...