Considerations are at an early stage and Blackstone may still decide against pursuing a deal, a report said
business4 days ago
Elon Musk has revived a lawsuit against ChatGPT maker OpenAI and its CEO Sam Altman on Monday, saying that the firm put profits and commercial interests ahead of the public good.
The suit, which was filed in a district court in Northern California, alleges that once OpenAI's technology started to transform generative artificial intelligence, Altman "flipped the narrative and proceeded to cash in".
In June, the billionaire entrepreneur withdrew the lawsuit against OpenAI and Altman, which accused them of abandoning the startup's original mission to develop artificial intelligence for the benefit of humanity rather than for profit.
Attorneys for Musk had asked the California state court to dismiss the lawsuit, originally filed in February, without providing a reason for the move.
Considerations are at an early stage and Blackstone may still decide against pursuing a deal, a report said
business4 days ago
The total number of Chinese visitors to the UAE stood at around 1.2 million in 2023
business4 days ago
Companies had select sellers which hurt smaller players, reports find
business4 days ago
The CBUAE explained that banks' capital and reserves do not include subordinated borrowings/deposits, but do include the current year's profits
business4 days ago
Common queries highlight a broader need for clarity and understanding
business4 days ago
Northern emirate has announced several investor-friendly measures
business4 days ago
Asset managers, banks and family offices have increased their presence in the UAE in recent years, driven by a post-pandemic economic rebound
business4 days ago
Ties between the world's two most populous nations have been strained
business5 days ago