Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
When Xi Jinping, China’s leader, made his entrance at a symposium with a group of top entrepreneurs this week, he seemed to be in good spirits. China has had a…
A.I. Is Changing How Silicon Valley Builds Start-Ups
Almost every day, Grant Lee, a Silicon Valley entrepreneur, hears from investors who try to persuade him to take their money. Some have even sent him and his co-founders personalized…
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to develop long-haul…
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to HP for $116 million, the companies…
Mira Murati, OpenAI’s Former Chief Technology Officer, Starts Her Own Company
Mira Murati, the former chief technology officer of OpenAI who unexpectedly left the company in September, has helped found a new artificial intelligence start-up called Thinking Machines Lab, adding to…
They’ve Been Waiting Years to Go Public. They’re Still Waiting.
Turo, a car rental start-up in San Francisco, has been trying to go public since 2021. But a volatile stock market in early 2022 delayed its listing. Since then, the…
OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
OpenAI’s board of directors on Friday rejected a $97.4 billion bid by Elon Musk and a consortium of investors to gain control of the artificial intelligence company, deepening a feud…
Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
Elon Musk said in a court filing late Wednesday that he would withdraw his $97.4 billion bid to control OpenAI if the company dropped a longstanding effort to change its…
Vance, in First Foreign Speech, Tells Europe That U.S. Will Dominate A.I.
Vice President JD Vance told European and Asian leaders in Paris on Tuesday that the Trump Administration was adopting an aggressive, America First approach to the race to dominate all…
A.I. Military Start-Up Anduril Close to Deal That Would Value Company at $28 Billion
Anduril, an artificial intelligence military start-up, is set to complete a new round of funding that will double the value of the company to $28 billion, according to four people…