Friday, September 29, 2023
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‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment

Billionaire Elon Musk has queried whether it's legal for OpenAI — the firm behind ChatGPT — to become a for-profit business after he invested approximately $50 million into it.On May 16, Musk spoke with CNBC during Tesla’s annual shareholder meeting and claimed he “came up with the name” OpenAI, intending

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Citi Analyst Chides Saylor’s Bitcoin Focus, Cuts MicroStrategy to ‘Sell’

Citi analyst Tyler Radke lowered his recommendation on MicroStrategy to “sell” from “neutral,” warning investors in a Tuesday research note that the company’s recent bitcoin euphoria may be overextended, according to SeekingAlpha.Radke cited CEO Michael Saylor’s “disproportionate focus” on bitcoin as a potentially troubling trend for the business intelligence company.

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