Elon Musk’s brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held or liquidated.
Read More Tesla board made $3 billion via stock awards that dwarfed tech peers
Category: Tech
Disney invests $1B in OpenAI in deal to bring characters like Mickey Mouse to Sora AI video tool
The OpenAI agreement makes the Walt Disney Co. the first major content licensing partner for Sora, which uses generative artificial intelligence to create short videos.
Read More Disney invests $1B in OpenAI in deal to bring characters like Mickey Mouse to Sora AI video tool
Open AI, Microsoft face lawsuit over ChatGPT’s alleged role in Connecticut murder-suicide
The heirs of an 83-year-old Connecticut woman allege that ChatGPT intensified her son’s “paranoid delusions” and helped direct them at his mother before he killed her.
Read More Open AI, Microsoft face lawsuit over ChatGPT’s alleged role in Connecticut murder-suicide
Elon Musk’s SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says
Talks over a listing plan are unfolding against the backdrop of a resurgence in the IPO market in 2025 after a three-year dry spell.
Read More Elon Musk’s SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says
Google faces EU antitrust investigation over AI Overviews, YouTube
Google faces an EU antitrust investigation into its use of publishers’ online content and YouTube videos to train its AI models.
Read More Google faces EU antitrust investigation over AI Overviews, YouTube
Meta to offer choices on personal Facebook and Instagram ads, EU says
Meta will present the new options to EU users in January next year, it added
Read More Meta to offer choices on personal Facebook and Instagram ads, EU says