Musk’s Lawyers Declare: No Profit-Oriented Transition, No $97.4 Billion Acquisition of OpenAI

February 14, 2025 – According to a report by Reuters, court documents submitted by lawyers representing Elon Musk on Wednesday revealed that the billionaire would withdraw his $97.4 billion acquisition offer for the non-profit division of OpenAI if the company abandons its plans to transition into a profit-making entity. Musk has been actively opposing OpenAI’s…

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Intel and Samsung Rumored to Form ‘Semiconductor Avengers’ Alliance to Challenge TSMC

October 22, 2024 – According to a report published by Maeil Business Newspaper on October 21st, Intel has reached out to Samsung Electronics to form a “foundry alliance” in order to counterbalance the dominance of TSMC in the semiconductor manufacturing industry. The report cites an Intel executive who recently contacted Samsung Electronics, expressing the desire…

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