23 days ago
OpenAI CEO Sam Altman admits "something's clearly not working" with the artificial intelligence money that has flooded the midterm elections — and he doesn't expect President Donald Trump's rebrand of the technology to improve his industry's image with the American public, either.
"I get why AI has a really negative perception right now," Altman told Brendan Bordelon in an exclusive interview marking the launch of Decoded by POLITICO. "I don't think spending money on politics is what's going to make people feel better about it. The industry needs to figure out a way to address what the actual concerns are, and right now, a lot of people in the industry are being quite tone deaf."
In the wide-ranging conversation, Altman offered a window into how OpenAI is confronting new political pressures and intensified competition with Anthropic, its corporate archrival run by former employee Dario Amodei.
Altman says OpenAI is more tolerant than Anthropic of less-than-catastrophic harms from AI, drawing out what he sees as a fundamental split in worldview between the two leading labs even as they converge on tougher rules in the wake of high-profile autonomous hacking incidents.
"We believe that the world should accept some bad things happening for the benefits of this technology and people having the agency," said Altman, who characterized those harms as linked to "the lighter touch regulatory stance that we advocate for."
#openai #money #president
"I get why AI has a really negative perception right now," Altman told Brendan Bordelon in an exclusive interview marking the launch of Decoded by POLITICO. "I don't think spending money on politics is what's going to make people feel better about it. The industry needs to figure out a way to address what the actual concerns are, and right now, a lot of people in the industry are being quite tone deaf."
In the wide-ranging conversation, Altman offered a window into how OpenAI is confronting new political pressures and intensified competition with Anthropic, its corporate archrival run by former employee Dario Amodei.
Altman says OpenAI is more tolerant than Anthropic of less-than-catastrophic harms from AI, drawing out what he sees as a fundamental split in worldview between the two leading labs even as they converge on tougher rules in the wake of high-profile autonomous hacking incidents.
"We believe that the world should accept some bad things happening for the benefits of this technology and people having the agency," said Altman, who characterized those harms as linked to "the lighter touch regulatory stance that we advocate for."
#openai #money #president
24 days ago
The OpenAI CEO sought to distinguish his policy stance from rival developer Anthropic.
OpenAI CEO Sam Altman argued in an exclusive interview with Decoded by POLITICO that AI’s benefits justify accepting some risks. | Heather Diehl/Getty Images
10/05/2026 05:55 AM GMT+9
OpenAI CEO Sam Altman said there remains a fundamental difference in worldview between his company and rival Anthropic on artificial intelligence regulation, arguing in an exclusive interview with Decoded by POLITICO that the technology’s benefits justify accepting some risks — and that AI should remain broadly accessible to the public.
#anthropic #decoded #benefits #justify
OpenAI CEO Sam Altman argued in an exclusive interview with Decoded by POLITICO that AI’s benefits justify accepting some risks. | Heather Diehl/Getty Images
10/05/2026 05:55 AM GMT+9
OpenAI CEO Sam Altman said there remains a fundamental difference in worldview between his company and rival Anthropic on artificial intelligence regulation, arguing in an exclusive interview with Decoded by POLITICO that the technology’s benefits justify accepting some risks — and that AI should remain broadly accessible to the public.
#anthropic #decoded #benefits #justify
1 month ago
AI companies Anthropic, OpenAI, ***** e XAI and Google are being sued over alleged collusion as pressure mounts to slow the rapid development of AI.
The complaint, filed Friday in the U.S. District Court for the Northern District of California, points to a recent proposal from Anthropic CEO Dario Amodei, who called for “industry-wide coordination” to “pace the frontier” as concerns mount over the risks posed by increasingly powerful AI.
“We must slow the ***** e in which we improve the capabilities of AI models,” Amodei wrote in a Sept. 12 essay.
The plaintiffs allege that OpenAI CEO Sam Altman, ***** eXAI founder Elon Musk and Google DeepMind co-founder Demis Hassabis made an illegal business agreement among competitors by agreeing to slow the development of their AI systems, violating federal antitrust law.
Within hours of Amodei publishing his essay, Musk responded, saying “Dario is right,” while Altman also said he agreed with Amodei. Hassabis called the proposal “the right path forward,” according to the complaint.
#amodei
The complaint, filed Friday in the U.S. District Court for the Northern District of California, points to a recent proposal from Anthropic CEO Dario Amodei, who called for “industry-wide coordination” to “pace the frontier” as concerns mount over the risks posed by increasingly powerful AI.
“We must slow the ***** e in which we improve the capabilities of AI models,” Amodei wrote in a Sept. 12 essay.
The plaintiffs allege that OpenAI CEO Sam Altman, ***** eXAI founder Elon Musk and Google DeepMind co-founder Demis Hassabis made an illegal business agreement among competitors by agreeing to slow the development of their AI systems, violating federal antitrust law.
Within hours of Amodei publishing his essay, Musk responded, saying “Dario is right,” while Altman also said he agreed with Amodei. Hassabis called the proposal “the right path forward,” according to the complaint.
#amodei
1 month ago
Comments from Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman calling for a more measured approach to frontier AI development contributed to a sharp selloff across neoclouds and data center stocks. Bernstein identified CoreWeave Inc. (NASDAQ:CRWV) as the most exposed name because of its rural footprint and focus on AI training. The concern represents a genuine structural argument. However, it marks the second time this year that the same group of stocks has faced concerns over the sustainability of AI demand. There is also an important tension within Bernstein's own note, which highlights CoreWeave's exposure while acknowledging that most of its backlog remains shielded by contracts.
Bernstein cautioned that a slowdown in AI training could weigh on data center developers. The warning followed Amodei's weekend comments urging the industry to deliberately slow the pace of frontier AI capability gains, along with similar remarks from Sam Altman. According to ****** yst Madison Rezaei, slower training activity would likely reduce demand for rural data center sites designed for latency-insensitive workloads. The ****** yst pointed out that rural and Tier 3 markets account for 70% of the industry's 488GW pipeline. CoreWeave was identified as the most exposed name in the firm's coverage. ****** yst Madison Rezaei remarked:
We estimate that 25% of their existing active U.S. power, with an additional ~74% of their contracted power, is situated in Tier 3 and Tier 4 markets.
However, there is a key counterpoint within Bernstein's own note:
The backlog is primarily comprised of take-or-pay contracts, so we do not anticipate a threat there but could see a pullback in demand for the contracted-not-yet-sold rural power if training development slows.
#training #analyst
Bernstein cautioned that a slowdown in AI training could weigh on data center developers. The warning followed Amodei's weekend comments urging the industry to deliberately slow the pace of frontier AI capability gains, along with similar remarks from Sam Altman. According to ****** yst Madison Rezaei, slower training activity would likely reduce demand for rural data center sites designed for latency-insensitive workloads. The ****** yst pointed out that rural and Tier 3 markets account for 70% of the industry's 488GW pipeline. CoreWeave was identified as the most exposed name in the firm's coverage. ****** yst Madison Rezaei remarked:
We estimate that 25% of their existing active U.S. power, with an additional ~74% of their contracted power, is situated in Tier 3 and Tier 4 markets.
However, there is a key counterpoint within Bernstein's own note:
The backlog is primarily comprised of take-or-pay contracts, so we do not anticipate a threat there but could see a pullback in demand for the contracted-not-yet-sold rural power if training development slows.
#training #analyst
1 month ago
Even before we go deeper, I want to be upfront about this. I think Dario Amodei's concerns about the pace of artificial intelligence (AI) development deserve to be taken seriously.
As the CEO of Anthropic, one of the companies building this technology, he has a front-row view of where AI is heading. That alone gives his warnings a perspective most of us don't have.
Dario Amodei published an essay **** led "We Must Pace the Frontier" on Sep. 12, 2026, calling for an intentional slowdown in advanced AI development.
He received remarkable support. OpenAI CEO Sam Altman endorsed it. Elon Musk said Amodei was "right." Even competitors in a fiercely competitive industry agreed that independent evaluators made sense.
This has been a primary topic of discussion for some time. I also think that if AI development continues at its current pace without safeguards, there is a real risk that we could eventually confront the darker side of what the technology is capable of doing.
Yes, of course, the potential benefits are enormous, but so are the consequences if its risks outpace our ability to manage them.
#pace #dario #anthropic #must
As the CEO of Anthropic, one of the companies building this technology, he has a front-row view of where AI is heading. That alone gives his warnings a perspective most of us don't have.
Dario Amodei published an essay **** led "We Must Pace the Frontier" on Sep. 12, 2026, calling for an intentional slowdown in advanced AI development.
He received remarkable support. OpenAI CEO Sam Altman endorsed it. Elon Musk said Amodei was "right." Even competitors in a fiercely competitive industry agreed that independent evaluators made sense.
This has been a primary topic of discussion for some time. I also think that if AI development continues at its current pace without safeguards, there is a real risk that we could eventually confront the darker side of what the technology is capable of doing.
Yes, of course, the potential benefits are enormous, but so are the consequences if its risks outpace our ability to manage them.
#pace #dario #anthropic #must
1 month ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
OpenAI ruled out an initial public offering for 2026 on Saturday, pointing to unresolved safety concerns around rapidly advancing artificial intelligence and the need to address alignment challenges facing the industry.
"Right now would be an ill-advised moment to go public, and we don't feel pressure on that," CEO Sam Altman told Fortune.
When Fortune asked whether 2027 was more realistic than 2026, he said, "I would say not 2026. We have a lot of work to do, including meeting the safety and alignment requirements of this moment and figuring out how the industry and governments can work together."
Don't Miss:
#fortune #public #work
OpenAI ruled out an initial public offering for 2026 on Saturday, pointing to unresolved safety concerns around rapidly advancing artificial intelligence and the need to address alignment challenges facing the industry.
"Right now would be an ill-advised moment to go public, and we don't feel pressure on that," CEO Sam Altman told Fortune.
When Fortune asked whether 2027 was more realistic than 2026, he said, "I would say not 2026. We have a lot of work to do, including meeting the safety and alignment requirements of this moment and figuring out how the industry and governments can work together."
Don't Miss:
#fortune #public #work
1 month ago
CrowdStrike (CRWD) shares closed higher on Monday after tech leaders, including Dario Amodei, Sam Altman, and Elon Musk, warned artificial intelligence (AI) capabilities are advancing faster than safety guardrails. The stock's upward momentum has continued on Tuesday.
These high-profile warnings heightened enterprise concerns about autonomous, AI-driven cyber threats capable of executing automated network intrusions at unprecedented speeds.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
#crowdstrike #crwd #elon #goldman
These high-profile warnings heightened enterprise concerns about autonomous, AI-driven cyber threats capable of executing automated network intrusions at unprecedented speeds.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
#crowdstrike #crwd #elon #goldman
1 month ago
As of 11:38 AM ET, the S&P 500 (SNPINDEX:^GSPC) is down 0.44% to 7,623, the Nasdaq Composite (NASDAQINDEX:^IXIC) has fallen 0.44% to 26,217 as cooling artificial intelligence sentiment weighs on growth stocks, and the Dow Jones Industrial Average (DJINDICES:^DJI) is trading 0.36% lower to 52,422.
Gold is down 1.88% to $4,325.10, and the 10-Year Treasury yield has slipped 0.02% to 4.96%, after reaching 5% for the first time since 2023. Communication stocks and healthcare are leading sector gains, while basic materials and industrials are underperforming.
Meta Platforms is climbing today after Goldman Sachs maintained a Buy rating, stressing the potential upside from its Muse AI agent. Micron Technology tumbled over 5% following warnings about the risks of rapid AI development. Those same concerns drove gains in cybersecurity stocks -- CrowdStrike Holdings soared 15%.
Tech leaders have issued dire warnings about the risks of rapid artificial intelligence (AI) development in recent days, prompting an industrywide pullback. Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman both highlighted the dangers that advanced systems could quickly move beyond human control and called for a slower pace of development.
Investors fear any slowdown could impact demand for AI infrastructure, pressuring some of this year's outperformers, such as Marvell Technology, CoreWeave, and Intel. Those worries are understandable, but it is important think about how any controls on AI development might impact long-term growth. Near-term sentiment may slip, but AI isn't going to disappear, and there is a chance that a slower build-out could actually strengthen the industry in the long term.
#down
Gold is down 1.88% to $4,325.10, and the 10-Year Treasury yield has slipped 0.02% to 4.96%, after reaching 5% for the first time since 2023. Communication stocks and healthcare are leading sector gains, while basic materials and industrials are underperforming.
Meta Platforms is climbing today after Goldman Sachs maintained a Buy rating, stressing the potential upside from its Muse AI agent. Micron Technology tumbled over 5% following warnings about the risks of rapid AI development. Those same concerns drove gains in cybersecurity stocks -- CrowdStrike Holdings soared 15%.
Tech leaders have issued dire warnings about the risks of rapid artificial intelligence (AI) development in recent days, prompting an industrywide pullback. Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman both highlighted the dangers that advanced systems could quickly move beyond human control and called for a slower pace of development.
Investors fear any slowdown could impact demand for AI infrastructure, pressuring some of this year's outperformers, such as Marvell Technology, CoreWeave, and Intel. Those worries are understandable, but it is important think about how any controls on AI development might impact long-term growth. Near-term sentiment may slip, but AI isn't going to disappear, and there is a chance that a slower build-out could actually strengthen the industry in the long term.
#down
1 month ago
Kylie Jenner sold her Hidden Hills, Calif., mansion for $15.3 million after initially listing it for $20.25 million in March
The 13,000-square-foot property includes eight bedrooms, a private theater, a pool and a guest residence
Jenner is building a new "dream Italian home" on a five-acre plot she reportedly purchased in 2020 for $15 million
Kylie Jenner has officially sold her longtime Southern California mansion.
According to the listing — which was held by Million Dollar Listing alums Josh and Matt Altman of Douglas Elliman — the sprawling Hidden Hills home was sold for $15.3 million. Property records indicate the sale was completed on Friday, Sept. 11.
#jenner
The 13,000-square-foot property includes eight bedrooms, a private theater, a pool and a guest residence
Jenner is building a new "dream Italian home" on a five-acre plot she reportedly purchased in 2020 for $15 million
Kylie Jenner has officially sold her longtime Southern California mansion.
According to the listing — which was held by Million Dollar Listing alums Josh and Matt Altman of Douglas Elliman — the sprawling Hidden Hills home was sold for $15.3 million. Property records indicate the sale was completed on Friday, Sept. 11.
#jenner
1 month ago
Shares of Okta (NASDAQ: OKTA) charged out of the gate Monday, gaining as much as 11.8%. As of 11:32 a.m. ET, the stock was still up 11.2%.
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
1 month ago
Meta jumped 7% and Nvidia dropped 8% after Amodei, Altman, and Musk publicly called for slowing frontier AI model development.
Microsoft held flat while ASML fell 10% and SoftBank dropped 11%, as markets rotated from AI hardware suppliers into enterprise software names.
With Fed rate hike odds at 85% and the 10-year yield near 5%, the rotation holds only if hyperscalers revise their massive capex plans.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA made the cut. Enter your email to see the other nine names and why NVDA earned its spot. The report is free. Enter your email and see the full list.
Shares of Meta Platforms (NASDAQ:META) climbed 7.12% over the past week to $660.71, while Alphabet (NASDAQ:GOOGL) added 2.09% and Microsoft (NASDAQ:MSFT) held roughly flat at $499.83. NVIDIA (NASDAQ:NVDA) fell 8.38% over the same stretch to $210.82, and Amazon (NASDAQ:AMZN) slipped 1.74%. Prices are delayed intraday as of the morning of September 14, 2026, according to NBC News.
#NASDAQ #flat #fell
Microsoft held flat while ASML fell 10% and SoftBank dropped 11%, as markets rotated from AI hardware suppliers into enterprise software names.
With Fed rate hike odds at 85% and the 10-year yield near 5%, the rotation holds only if hyperscalers revise their massive capex plans.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA made the cut. Enter your email to see the other nine names and why NVDA earned its spot. The report is free. Enter your email and see the full list.
Shares of Meta Platforms (NASDAQ:META) climbed 7.12% over the past week to $660.71, while Alphabet (NASDAQ:GOOGL) added 2.09% and Microsoft (NASDAQ:MSFT) held roughly flat at $499.83. NVIDIA (NASDAQ:NVDA) fell 8.38% over the same stretch to $210.82, and Amazon (NASDAQ:AMZN) slipped 1.74%. Prices are delayed intraday as of the morning of September 14, 2026, according to NBC News.
#NASDAQ #flat #fell
1 month ago
Tech stocks fell on Monday, as AI industry leaders raised concerns about the future of the technology and its potential to harm humans. The Nasdaq fell roughly 0.8% in early trading. The Philadelphia Semiconductor Index fell more than 4%.
The episode began last week when an Anthropic researcher announced he was leaving the company via a post on X, saying he didn't feel it was doing enough to keep AI in check.
Anthropic Alignment Science Lead, Evan Hubinger, responded the post saying the former Anthropic worker is correct and that he believes there is a greater-than-10 % chance that the technology could "kill all humans."
On Saturday, Anthropic CEO Dario Amodei posted an essay responding to the posts, calling on AI companies to slow the pace of frontier AI development. OpenAI CEO Sam Altman agreed.
And on Monday, Reuters reported that Microsoft is developing its own code of conduct for its AI models.
#anthropic #Monday #Tech
The episode began last week when an Anthropic researcher announced he was leaving the company via a post on X, saying he didn't feel it was doing enough to keep AI in check.
Anthropic Alignment Science Lead, Evan Hubinger, responded the post saying the former Anthropic worker is correct and that he believes there is a greater-than-10 % chance that the technology could "kill all humans."
On Saturday, Anthropic CEO Dario Amodei posted an essay responding to the posts, calling on AI companies to slow the pace of frontier AI development. OpenAI CEO Sam Altman agreed.
And on Monday, Reuters reported that Microsoft is developing its own code of conduct for its AI models.
#anthropic #Monday #Tech
1 month ago
U.S. stocks fell Monday as calls from major AI company leaders to slow development of the technology rattled chip stocks, while surging oil prices added to pressure on equities.
The S&P 500 shed 0.7%, the Nasdaq Composite gave back 1.2%, and the Dow Jones Industrial Average finished 140 points lower, a decline of 0.3%.
Anthropic CEO Dario Amodei argued in an essay Saturday that AI companies need to reduce the pace of innovation on their most capable models due to safety risks. Amodei told CBS News on Sunday that the "toughest dilemma" posed by any such proposal involves the question of whether China would agree to do the same. OpenAI CEO Sam Altman said in a separate Saturday interview that an IPO this year would be "ill-advised," according to CNBC.
Nvidia and Broadcom each lost 3%. Advanced Micro Devices, Intel, and Marvell Technology posted steeper losses of 5%, 7%, and 8%, respectively. CoreWeave stock dropped 7%.
Oil prices added to the pressure on stocks. Brent crude futures advanced 4%, topping $108 a barrel, and West Texas Intermediate crude futures gained 3%, clearing $103 a barrel. Saudi Arabia shut down its East-West oil pipeline — a route used to bypass the Strait of Hormuz — after the pipeline sustained multiple drone attacks. The shutdown comes as instability across the Middle East continues to widen. It was the first time U.S. crude had traded above $100 a barrel since May.
#stocks #amodei #west
The S&P 500 shed 0.7%, the Nasdaq Composite gave back 1.2%, and the Dow Jones Industrial Average finished 140 points lower, a decline of 0.3%.
Anthropic CEO Dario Amodei argued in an essay Saturday that AI companies need to reduce the pace of innovation on their most capable models due to safety risks. Amodei told CBS News on Sunday that the "toughest dilemma" posed by any such proposal involves the question of whether China would agree to do the same. OpenAI CEO Sam Altman said in a separate Saturday interview that an IPO this year would be "ill-advised," according to CNBC.
Nvidia and Broadcom each lost 3%. Advanced Micro Devices, Intel, and Marvell Technology posted steeper losses of 5%, 7%, and 8%, respectively. CoreWeave stock dropped 7%.
Oil prices added to the pressure on stocks. Brent crude futures advanced 4%, topping $108 a barrel, and West Texas Intermediate crude futures gained 3%, clearing $103 a barrel. Saudi Arabia shut down its East-West oil pipeline — a route used to bypass the Strait of Hormuz — after the pipeline sustained multiple drone attacks. The shutdown comes as instability across the Middle East continues to widen. It was the first time U.S. crude had traded above $100 a barrel since May.
#stocks #amodei #west
1 month ago
The often-teflon AI trade has officially been rattled.
AI stocks are getting absolutely crushed in premarket trading on Monday after Anthropic (ANTH.PVT) CEO Dario Amodei dropped a gloomy 3,800-word essay that rattled investor confidence across the entire semiconductor and AI infrastructure complex.
Momentum AI names took it on the chin, with Marvell (MRVL) and SK Hynix (SKHY) each down 7%, CoreWeave (CRWV), SanDisk (SNDK), Intel (INTC), and AMD (AMD) all off 6%, Micron (MU) and Super Micro (SMCI) down 5%.
Even the two most important names in AI — Nvidia (NVDA) and Broadcom (AVGO) — are sliding 3% before the opening bell.
Within the course of two days, AI ******* ans at Anthropic (ANTH.PVT), CEO Dario Amodei, and OpenAI (OPAI.PVT), CEO Sam Altman, have managed to scare the ******* out of the human race with the powerful technology they created and pushed their teams full of pioneering super-coders to supercharge.
#names #momentum
AI stocks are getting absolutely crushed in premarket trading on Monday after Anthropic (ANTH.PVT) CEO Dario Amodei dropped a gloomy 3,800-word essay that rattled investor confidence across the entire semiconductor and AI infrastructure complex.
Momentum AI names took it on the chin, with Marvell (MRVL) and SK Hynix (SKHY) each down 7%, CoreWeave (CRWV), SanDisk (SNDK), Intel (INTC), and AMD (AMD) all off 6%, Micron (MU) and Super Micro (SMCI) down 5%.
Even the two most important names in AI — Nvidia (NVDA) and Broadcom (AVGO) — are sliding 3% before the opening bell.
Within the course of two days, AI ******* ans at Anthropic (ANTH.PVT), CEO Dario Amodei, and OpenAI (OPAI.PVT), CEO Sam Altman, have managed to scare the ******* out of the human race with the powerful technology they created and pushed their teams full of pioneering super-coders to supercharge.
#names #momentum
1 month ago
Dire warnings on AI from the CEOs of Anthropic (ANTH.PVT) and OpenAI (OPAI.PVT) could weigh especially heavily on the business of CoreWeave if the tech is reined in.
"The most exposed name in our coverage is CoreWeave," Bernstein ******* yst Madison Rezaei wrote in a note on Monday. "We estimate that 25% of their existing active U.S. power, with an additional ~74% of their contracted power, is situated in Tier 3 and Tier 4 markets. The backlog is primarily comprised of take-or-pay contracts, so we do not anticipate a threat there, but could see a pullback in demand for the contracted, not-yet-sold rural power if training development slows."
CoreWeave shares fell nearly 7% in premarket trading, one of the worst slides in the AI stock patch on the fresh CEO warnings.
Within the course of two days, AI ******* ans at Anthropic (ANTH.PVT), CEO Dario Amodei, and OpenAI (OPAI.PVT), CEO Sam Altman, have managed to scare the ******* out of the human race with the powerful technology they created and pushed their teams full of pioneering super-coders to supercharge.
"Over the last few months, I have become convinced that fully addressing the risks requires even more prudence — not just investing in risk prevention, but pacing the rate of capabilities advancement so that risk prevention has time to keep up," Amodei stated in a 3,800-word essay on Saturday. "We must slow the pace at which we improve the capabilities of A.I. models. Progress will still seem fast, and we must make wise use of the time we gain."
#power #anth #openai #warnings
"The most exposed name in our coverage is CoreWeave," Bernstein ******* yst Madison Rezaei wrote in a note on Monday. "We estimate that 25% of their existing active U.S. power, with an additional ~74% of their contracted power, is situated in Tier 3 and Tier 4 markets. The backlog is primarily comprised of take-or-pay contracts, so we do not anticipate a threat there, but could see a pullback in demand for the contracted, not-yet-sold rural power if training development slows."
CoreWeave shares fell nearly 7% in premarket trading, one of the worst slides in the AI stock patch on the fresh CEO warnings.
Within the course of two days, AI ******* ans at Anthropic (ANTH.PVT), CEO Dario Amodei, and OpenAI (OPAI.PVT), CEO Sam Altman, have managed to scare the ******* out of the human race with the powerful technology they created and pushed their teams full of pioneering super-coders to supercharge.
"Over the last few months, I have become convinced that fully addressing the risks requires even more prudence — not just investing in risk prevention, but pacing the rate of capabilities advancement so that risk prevention has time to keep up," Amodei stated in a 3,800-word essay on Saturday. "We must slow the pace at which we improve the capabilities of A.I. models. Progress will still seem fast, and we must make wise use of the time we gain."
#power #anth #openai #warnings
1 month ago
US stock futures sank on Monday morning after the two leading frontier artificial intelligence companies called for an industrywide slowdown of AI development, sending tech stocks tumbling. Rising oil prices and an upcoming Fed meeting this week also put pressure on stocks.
Futures on the tech-heavy Nasdaq-100 (NQ=F) fell 1.5%, led by losses in chip stocks, including Nvidia (NVDA). Futures on the Dow Jones Industrial Average (YM=F) fell 0.3%, while those on the S&P 500 (ES=F) declined by 0.6%. In Asia, shares of memory chip makers SK Hynix (SKHY) and Samsung (005930.KS) dropped.
Tech stocks were poised to fall after Anthropic (ANTH.PVT) CEO Dario Amodei wrote a 3,800-word essay over the weekend, arguing that AI companies should slow the pace of improving AI models in order to address safety concerns. Sam Altman, the CEO of rival AI lab OpenAI (OPAI.PVT), agreed in a post on X, putting the two AI companies at odds with Wall Street, which has banked on a brisk pace of improvement.
Worries about AI safety also led OpenAI to delay its initial public offering until 2027, Altman told Fortune. Anthropic still plans to list in the fall and has reportedly chosen the Nasdaq for its highly anticipated IPO.
Oil prices, meanwhile, continued to climb after Saudi Arabia shut down a key pipeline in the Middle East and as the war in the Middle East spread. Brent crude (BZ=F) traded near $108 per barrel.
#stocks #NASDAQ #openai
Futures on the tech-heavy Nasdaq-100 (NQ=F) fell 1.5%, led by losses in chip stocks, including Nvidia (NVDA). Futures on the Dow Jones Industrial Average (YM=F) fell 0.3%, while those on the S&P 500 (ES=F) declined by 0.6%. In Asia, shares of memory chip makers SK Hynix (SKHY) and Samsung (005930.KS) dropped.
Tech stocks were poised to fall after Anthropic (ANTH.PVT) CEO Dario Amodei wrote a 3,800-word essay over the weekend, arguing that AI companies should slow the pace of improving AI models in order to address safety concerns. Sam Altman, the CEO of rival AI lab OpenAI (OPAI.PVT), agreed in a post on X, putting the two AI companies at odds with Wall Street, which has banked on a brisk pace of improvement.
Worries about AI safety also led OpenAI to delay its initial public offering until 2027, Altman told Fortune. Anthropic still plans to list in the fall and has reportedly chosen the Nasdaq for its highly anticipated IPO.
Oil prices, meanwhile, continued to climb after Saudi Arabia shut down a key pipeline in the Middle East and as the war in the Middle East spread. Brent crude (BZ=F) traded near $108 per barrel.
#stocks #NASDAQ #openai
2 months ago
Reality TV superstar and fashion mogul Kylie Jenner has finally found a buyer for her longtime California mansion, offloading the home for $15.3 million.
Kylie, 29, who is currently in a very high-profile relationship with Timothee Chalamet, purchased the sprawling 13,200-square-foot Hidden Hills dwelling for $12.05 million in late 2016, when she was just 19. It initially served as the on-screen star's primary residence for many years.
However, Kylie—who is the youngest sister of Kim Kardashian, Khloe Kardashian, Kourtney Kardashian, and Kendall Jenner—was ready for a change, having also listed her enormous concrete abode in the Holmby Hills for the even higher price of $48 million in December.
After listing the home for $20.25 million—nearly 10 years after she scooped up the enormous abode for almost half that price—Jenner sold the dwelling for $15.3 million, Realtor.com® can exclusively reveal.
Jenner carried out extensive renovations to her Hidden Hills starter home, which is now "designed for both everyday living and grand-scale entertaining," according to the listing, which was held by fellow reality TV star Josh Altman, of Douglas Elliman.
#jenner #kylie #Reality #years
Kylie, 29, who is currently in a very high-profile relationship with Timothee Chalamet, purchased the sprawling 13,200-square-foot Hidden Hills dwelling for $12.05 million in late 2016, when she was just 19. It initially served as the on-screen star's primary residence for many years.
However, Kylie—who is the youngest sister of Kim Kardashian, Khloe Kardashian, Kourtney Kardashian, and Kendall Jenner—was ready for a change, having also listed her enormous concrete abode in the Holmby Hills for the even higher price of $48 million in December.
After listing the home for $20.25 million—nearly 10 years after she scooped up the enormous abode for almost half that price—Jenner sold the dwelling for $15.3 million, Realtor.com® can exclusively reveal.
Jenner carried out extensive renovations to her Hidden Hills starter home, which is now "designed for both everyday living and grand-scale entertaining," according to the listing, which was held by fellow reality TV star Josh Altman, of Douglas Elliman.
#jenner #kylie #Reality #years
2 months ago
Nvidia (NVDA) Jensen Huang was seated next to US Commerce Secretary Howard Lutnick on a G20 stage on Sept. 2, recalling the first time the two of them met, when he put a number on what the world is about to spend. "You recognize that the infrastructure buildout is not going to be in the tens of billions, but is going to be in the tens of trillions," Huang said. "That supply chain security is going to be necessary."
The venue was the US-hosted G20 innovation ministerial in Chapel Hill, NC, and the chief executive was in a fireside conversation with the Commerce secretary. Sam Altman appeared at the same event. The exchange was carried live and the "tens of trillions" line went out the same afternoon across the wires.
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ***** e
Ahead of Oracle Earnings, Here's What Barchart Data Says Comes Next for ORCL Stock
#next #trillions
The venue was the US-hosted G20 innovation ministerial in Chapel Hill, NC, and the chief executive was in a fireside conversation with the Commerce secretary. Sam Altman appeared at the same event. The exchange was carried live and the "tens of trillions" line went out the same afternoon across the wires.
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ***** e
Ahead of Oracle Earnings, Here's What Barchart Data Says Comes Next for ORCL Stock
#next #trillions
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Oracle (NYSE:ORCL) could become a weak link in the AI boom if OpenAI runs into trouble, according to Council on Foreign Relations senior fellow Sebastian Mallaby.
"If OpenAI runs into trouble, I think we can say that there's a good chance that Oracle may also run into trouble," Mallaby said on CFR's The Spillover podcast, pointing to Oracle's heavier debt load and dependence on OpenAI.
The warning comes as OpenAI CEO Sam Altman says he is seeing signs of "unsustainable silliness" in the wider compute buildout.
Mallaby said Alphabet, Amazon, Microsoft and Meta entered the AI boom with stronger balance sheets and more room to fund expansion internally. Oracle, by contrast, has relied much more heavily on borrowing to finance its data-center buildout.
#oracle #finance #runs
Oracle (NYSE:ORCL) could become a weak link in the AI boom if OpenAI runs into trouble, according to Council on Foreign Relations senior fellow Sebastian Mallaby.
"If OpenAI runs into trouble, I think we can say that there's a good chance that Oracle may also run into trouble," Mallaby said on CFR's The Spillover podcast, pointing to Oracle's heavier debt load and dependence on OpenAI.
The warning comes as OpenAI CEO Sam Altman says he is seeing signs of "unsustainable silliness" in the wider compute buildout.
Mallaby said Alphabet, Amazon, Microsoft and Meta entered the AI boom with stronger balance sheets and more room to fund expansion internally. Oracle, by contrast, has relied much more heavily on borrowing to finance its data-center buildout.
#oracle #finance #runs
2 months ago
Sam Altman said concerns about AI water use were overblown but hard to shake.
He said an average modern data center uses as much water as a large office building.
He also said ChatGPT queries use far less water than it takes to grow a single almond in California.
Sam Altman says concern about AI water usage is a "meme" that doesn't actually hold any water.
The OpenAI CEO was asked to respond to resistance to AI, including concerns about water consumption, on the premiere episode of the Sources podcast with Alex Heath, published Tuesday.
#concerns
He said an average modern data center uses as much water as a large office building.
He also said ChatGPT queries use far less water than it takes to grow a single almond in California.
Sam Altman says concern about AI water usage is a "meme" that doesn't actually hold any water.
The OpenAI CEO was asked to respond to resistance to AI, including concerns about water consumption, on the premiere episode of the Sources podcast with Alex Heath, published Tuesday.
#concerns
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
OpenAI revealed that its nascent advertising business has achieved a $1 billion annualized revenue run rate, a significant milestone reached within just 200 days of its inception.
The Sam Altman-led company **** ured on Monday that its ads are distinctly marked and do not affect ChatGPT's responses. Moreover, advertisers are not given access to users' private conversations, reported CNBC.
The advertising arm, which is barely 200 days old, supplements OpenAI's existing revenue channels, such as enterprise solutions, consumer subscriptions, and usage-based application programming interfaces.
In a press release, the company stated, "Our next phase of growth will bring ChatGPT Ads to more markets and introduce additional formats, objectives, buying options, and measurement capabilities." OpenAI also intends to explore novel ways for businesses to engage with consumers more organically within ChatGPT.
#within #benzinga #finance #altman
OpenAI revealed that its nascent advertising business has achieved a $1 billion annualized revenue run rate, a significant milestone reached within just 200 days of its inception.
The Sam Altman-led company **** ured on Monday that its ads are distinctly marked and do not affect ChatGPT's responses. Moreover, advertisers are not given access to users' private conversations, reported CNBC.
The advertising arm, which is barely 200 days old, supplements OpenAI's existing revenue channels, such as enterprise solutions, consumer subscriptions, and usage-based application programming interfaces.
In a press release, the company stated, "Our next phase of growth will bring ChatGPT Ads to more markets and introduce additional formats, objectives, buying options, and measurement capabilities." OpenAI also intends to explore novel ways for businesses to engage with consumers more organically within ChatGPT.
#within #benzinga #finance #altman
2 months ago
OpenAI revoked Cursor's API access after **** eX's $60 billion acquisition, citing Musk's pattern of contract violations, though OpenAI served just 5% of traffic.
SpaceX's Colossus clusters, targeting 1 million H100 equivalents, now power Cursor's $4 billion revenue base, eliminating dependence on rival AI suppliers.
Analysts set a $219 average price target on **** eX, representing over 50% upside, as AI vertical integration mirrors the playbook that collapsed launch costs.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and **** eX didn't make the cut. Grab the names FREE today.
The long-running dispute between OpenAI CEO Sam Altman and Elon Musk has simmered for years, rooted in Musk's exit from the AI lab he co-founded and his subsequent legal and public challenges over its direction. That rivalry just moved from boardroom barbs to operational consequences.
#openai #grab #altman
SpaceX's Colossus clusters, targeting 1 million H100 equivalents, now power Cursor's $4 billion revenue base, eliminating dependence on rival AI suppliers.
Analysts set a $219 average price target on **** eX, representing over 50% upside, as AI vertical integration mirrors the playbook that collapsed launch costs.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and **** eX didn't make the cut. Grab the names FREE today.
The long-running dispute between OpenAI CEO Sam Altman and Elon Musk has simmered for years, rooted in Musk's exit from the AI lab he co-founded and his subsequent legal and public challenges over its direction. That rivalry just moved from boardroom barbs to operational consequences.
#openai #grab #altman
2 months ago
Gwyneth Paltrow is reportedly changing her mind about meeting billionaire Sam Altman.
The actress's ******* ociation with the ultra-wealthy has often drawn criticism, and recent reports of a proposed dinner with the OpenAI CEO have intensified backlash.
Months ago, Paltrow had sparked a firestorm after featuring in an advert for an Israeli luxury real estate company.
Lumeimages / MEGA
Sources close to the "Iron Man" star revealed she made a complete U-turn about hosting a private dinner for the 41-year-old techpreneur.
#gwyneth #openai #months #israeli
The actress's ******* ociation with the ultra-wealthy has often drawn criticism, and recent reports of a proposed dinner with the OpenAI CEO have intensified backlash.
Months ago, Paltrow had sparked a firestorm after featuring in an advert for an Israeli luxury real estate company.
Lumeimages / MEGA
Sources close to the "Iron Man" star revealed she made a complete U-turn about hosting a private dinner for the 41-year-old techpreneur.
#gwyneth #openai #months #israeli
2 months ago
OpenAI, one of the world's fastest-growing AI companies, filed its confidential paperwork for an IPO with the Securities and Exchange Commission (SEC) in June. CEO Sam Altman is reportedly targeting a valuation of at least $1 trillion before it goes public. It was valued at $852 billion after its latest funding round on March 31.
OpenAI hasn't set a firm timeline for its public debut yet, but CFO Sarah Friar recently said in an internal meeting that it would be "a public company in 2027." Let's see how fast OpenAI is growing, what challenges it faces, and what its market debut might look like next year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In late 2024, OpenAI had an annualized revenue run rate (ARR) of $3.7 billion. Its ARR rose to about $20 billion at the end of 2025, $25 billion in early 2026, and over $40 billion in Aug. 2026.
That acceleration was driven by its launches of ChatGPT Plus and ChatGPT Pro, which cost $20 and $200 per month, respectively; its growth among enterprise customers, and the expansion of its developer ecosystem with more application programming interfaces (APIs).
#public #growing #company
OpenAI hasn't set a firm timeline for its public debut yet, but CFO Sarah Friar recently said in an internal meeting that it would be "a public company in 2027." Let's see how fast OpenAI is growing, what challenges it faces, and what its market debut might look like next year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In late 2024, OpenAI had an annualized revenue run rate (ARR) of $3.7 billion. Its ARR rose to about $20 billion at the end of 2025, $25 billion in early 2026, and over $40 billion in Aug. 2026.
That acceleration was driven by its launches of ChatGPT Plus and ChatGPT Pro, which cost $20 and $200 per month, respectively; its growth among enterprise customers, and the expansion of its developer ecosystem with more application programming interfaces (APIs).
#public #growing #company
2 months ago
Andrew Garfield has opened up about his desire to escape the Hollywood spotlight one day.
The Amazing Spider-Man star has spent much of the past year working on back-to-back projects, including the new Enid Blyton adaptation The Magic Faraway Tree, the action period drama The Uprising and Luca Guadagnino's Sam Altman biopic, Artificial.
In a new interview with Variety, Garfield, 43, was asked if he ever thought about leaving his career in the public eye behind.
"All the time," Garfield admitted.
"I've worked a lot this year. I've done like 11 months, 12 months, straight back-to-back projects. I want people to see those projects, so I'm gonna have to tell people about them. I get that. But if I had my druthers, people would just see them, and I could go whittle wood in the Somerset countryside and think about what the birds might be doing."
#projects
The Amazing Spider-Man star has spent much of the past year working on back-to-back projects, including the new Enid Blyton adaptation The Magic Faraway Tree, the action period drama The Uprising and Luca Guadagnino's Sam Altman biopic, Artificial.
In a new interview with Variety, Garfield, 43, was asked if he ever thought about leaving his career in the public eye behind.
"All the time," Garfield admitted.
"I've worked a lot this year. I've done like 11 months, 12 months, straight back-to-back projects. I want people to see those projects, so I'm gonna have to tell people about them. I get that. But if I had my druthers, people would just see them, and I could go whittle wood in the Somerset countryside and think about what the birds might be doing."
#projects
2 months ago
Gwyneth Paltrow is reportedly holding a "private, off-the-record al fresco dinner" for OpenAI CEO Sam Altman at her Hamptons home.
Paltrow received backlash for hosting Altman, with some social media users calling the move "tone-deaf."
Paltrow took the criticism in stride, posting mock private dinner invitations for various pop culture figures including Shrek and M3gan.
Gwyneth Paltrow is unbothered by the backlash toward her alleged dinner for OpenAI CEO Sam Altman.
After Puck reported that Paltrow would be holding a "private, off-the-record al fresco dinner" for Altman in the Hamptons, some social media users slammed the event as "tone-deaf" and "like an episode of Black Mirror."
#hamptons #record
Paltrow received backlash for hosting Altman, with some social media users calling the move "tone-deaf."
Paltrow took the criticism in stride, posting mock private dinner invitations for various pop culture figures including Shrek and M3gan.
Gwyneth Paltrow is unbothered by the backlash toward her alleged dinner for OpenAI CEO Sam Altman.
After Puck reported that Paltrow would be holding a "private, off-the-record al fresco dinner" for Altman in the Hamptons, some social media users slammed the event as "tone-deaf" and "like an episode of Black Mirror."
#hamptons #record
2 months ago
American AI companies are collectively worth trillions of dollars, and lawmakers, ***** el-winning economists, and AI executives themselves are asking whether ordinary citizens should own a piece of them.
Sam Altman, CEO of OpenAI, has been discussing a plan to give the U.S. government a 5% equity stake in his company, according to a Financial Times report from early July. Altman wants other leading AI firms to do the same, with equity flowing into a government-run fund modeled on Alaska's Permanent Fund, which invests oil wealth and distributes annual payments to residents. The talks are in early stages, and any deal would likely require an act of Congress.
The proposal comes as public opinion on AI has turned sharply negative. More than 200 economists, including 16 ***** el laureates, have warned that AI could put millions of workers out of jobs within years, not the decades that previous waves of automation required. A fund could cushion blow, if it's structured properly.
Altman first raised the idea with the Trump administration in 2025, according to CNBC, and spent the next year building his case. OpenAI published a formal proposal in April calling for a "Public Wealth Fund" that would give every citizen, including the tens of millions of Americans who don't own a single share of stock, a stake in AI-driven growth.
Each American's share of the proposed stake would be worth between $125 and $146, depending on whether OpenAI goes public at its target valuation of $1 trillion or stays at its current $852 billion. That's a fraction of what Alaska's Permanent Fund typically pays to the state's more than 600,000 residents. Even in a down year, its payouts are robust: the Permanent Fund delivered $1,000 per resident in 2025, its lowest payout in five years. Because the fund is worth more than $91 billion, having been built over five decades on continuous oil revenue and diversified investments, its dividends are consistent and high enough to mean something to each person.
#fund #altman #stake #economists
Sam Altman, CEO of OpenAI, has been discussing a plan to give the U.S. government a 5% equity stake in his company, according to a Financial Times report from early July. Altman wants other leading AI firms to do the same, with equity flowing into a government-run fund modeled on Alaska's Permanent Fund, which invests oil wealth and distributes annual payments to residents. The talks are in early stages, and any deal would likely require an act of Congress.
The proposal comes as public opinion on AI has turned sharply negative. More than 200 economists, including 16 ***** el laureates, have warned that AI could put millions of workers out of jobs within years, not the decades that previous waves of automation required. A fund could cushion blow, if it's structured properly.
Altman first raised the idea with the Trump administration in 2025, according to CNBC, and spent the next year building his case. OpenAI published a formal proposal in April calling for a "Public Wealth Fund" that would give every citizen, including the tens of millions of Americans who don't own a single share of stock, a stake in AI-driven growth.
Each American's share of the proposed stake would be worth between $125 and $146, depending on whether OpenAI goes public at its target valuation of $1 trillion or stays at its current $852 billion. That's a fraction of what Alaska's Permanent Fund typically pays to the state's more than 600,000 residents. Even in a down year, its payouts are robust: the Permanent Fund delivered $1,000 per resident in 2025, its lowest payout in five years. Because the fund is worth more than $91 billion, having been built over five decades on continuous oil revenue and diversified investments, its dividends are consistent and high enough to mean something to each person.
#fund #altman #stake #economists
2 months ago
Some of the world's most powerful tech billionaires think your next job posting could come from another planet. Elon Musk, Jeff Bezos, and Sam Altman have all predicted a future where humans live and work in ******* e. Now, Voyager Technologies founder and CEO Dylan Taylor is backing them up—and he's putting a very soon timeline on it.
According to Taylor, you could be commuting to the moon within a decade.
"Humans will definitely be living and working in ******* e," the billionaire ******* e exec exclusively told Fortune.
"The next step would be the moon. That'll happen in the 2030s—probably early 2030s," Taylor added. "We'll have a moon base, people living and working on the moon. You'll be able to look up at the moon and see lights on the moon."
Technically, Taylor points out that a tiny portion of humanity is already working in ******* e at the International ******* e Station, which has had "humans continuously up there for 26 years." But the CEO added that the industry is "working actively" on scaling that up from a handful of trained astronauts to the general population.
#working #humans #next
According to Taylor, you could be commuting to the moon within a decade.
"Humans will definitely be living and working in ******* e," the billionaire ******* e exec exclusively told Fortune.
"The next step would be the moon. That'll happen in the 2030s—probably early 2030s," Taylor added. "We'll have a moon base, people living and working on the moon. You'll be able to look up at the moon and see lights on the moon."
Technically, Taylor points out that a tiny portion of humanity is already working in ******* e at the International ******* e Station, which has had "humans continuously up there for 26 years." But the CEO added that the industry is "working actively" on scaling that up from a handful of trained astronauts to the general population.
#working #humans #next
2 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
You know that saying, "never be the first to arrive at a party or the last to go home and never, never be both."
We don't think OpenAI CEO Sam Altman has ever heard that.
Chief Revenue Officer Denise Dresser, who has been with OpenAI for only eight months, this week announced on LinkedIn that she was leaving the company to "pursue other opportunities."
Just a few months ago, in April, Dresser told CNBC regarding OpenAI's enterprise customers,:"I just have never seen this level of conviction spread so quickly and consistently within the industries."
#dresser #tell #chief #revenue
You know that saying, "never be the first to arrive at a party or the last to go home and never, never be both."
We don't think OpenAI CEO Sam Altman has ever heard that.
Chief Revenue Officer Denise Dresser, who has been with OpenAI for only eight months, this week announced on LinkedIn that she was leaving the company to "pursue other opportunities."
Just a few months ago, in April, Dresser told CNBC regarding OpenAI's enterprise customers,:"I just have never seen this level of conviction spread so quickly and consistently within the industries."
#dresser #tell #chief #revenue
2 months ago
Sam Altman's push for a $1 trillion OpenAI IPO is on a collision course with SoftBank's need to repay a $40 billion bridge loan early next year, creating real tension around the deal's timing and valuation. All this tension matters for Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA) shareholders, because both companies have meaningful OpenAI exposure on their balance sheets and in their narratives.
OpenAI filed a confidential S‑1 with the Securities and Exchange Commission in June and sits at a private post‑money valuation of around $852 billion after its March 2026 funding round. Reports put its 2025 revenue near $13 billion and its 2026 revenue near $2 billion per month, numbers that support a high valuation multiple, but not a stress‑free one. Altman has told investors he will not take the company public below $1 trillion, so the IPO must clear that bar, or the listing will stay on hold.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
To fund its expanded stake in OpenAI, SoftBank arranged an unsecured $40 billion bridge loan that matures in March 2027. Bridge paper exists to carry a borrower into a specific liquidity moment, which in this case lines up with a fourth-quarter 2026 or first-quarter 2027 window for OpenAI's IPO. If public markets balk at putting a $1 trillion valuation on the ChatGPT developer, SoftBank will either have to refinance at tougher terms or the company will have to accept a lower market cap -- an outcome that could ripple through its broader AI story.
Microsoft owns roughly 27% of OpenAI after committing about $13 billion to it a few years ago, and it's in talks to add a bit under $10 billion more to its stake in the new funding round. A trillion-dollar IPO would turn that stake into one of the most valuable strategic holdings in corporate history, which supports the long‑term AI infrastructure thesis around Azure and Copilot. The risk here is that SoftBank's need for speed will push OpenAI to go public before the economics of enterprise AI are stable, leaving Microsoft with headline valuation gains but more scrutiny on capital intensity and on an AI partner whose stock could swing hard.
#bridge #signal
OpenAI filed a confidential S‑1 with the Securities and Exchange Commission in June and sits at a private post‑money valuation of around $852 billion after its March 2026 funding round. Reports put its 2025 revenue near $13 billion and its 2026 revenue near $2 billion per month, numbers that support a high valuation multiple, but not a stress‑free one. Altman has told investors he will not take the company public below $1 trillion, so the IPO must clear that bar, or the listing will stay on hold.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
To fund its expanded stake in OpenAI, SoftBank arranged an unsecured $40 billion bridge loan that matures in March 2027. Bridge paper exists to carry a borrower into a specific liquidity moment, which in this case lines up with a fourth-quarter 2026 or first-quarter 2027 window for OpenAI's IPO. If public markets balk at putting a $1 trillion valuation on the ChatGPT developer, SoftBank will either have to refinance at tougher terms or the company will have to accept a lower market cap -- an outcome that could ripple through its broader AI story.
Microsoft owns roughly 27% of OpenAI after committing about $13 billion to it a few years ago, and it's in talks to add a bit under $10 billion more to its stake in the new funding round. A trillion-dollar IPO would turn that stake into one of the most valuable strategic holdings in corporate history, which supports the long‑term AI infrastructure thesis around Azure and Copilot. The risk here is that SoftBank's need for speed will push OpenAI to go public before the economics of enterprise AI are stable, leaving Microsoft with headline valuation gains but more scrutiny on capital intensity and on an AI partner whose stock could swing hard.
#bridge #signal
