Anyone who wants to keep up with President Trump’s views knows to go to his Truth Social account. There, one finds his reasoning on a panoply of issues, including military strikes in Somalia, tariffs on Canada and Mexico, relations with Russia, the causes of a deadly aircraft collision, American ownership of the Gaza Strip and … Read more
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 semi trucks powered by hydrogen and electricity, and listed itself on the stock exchange in 2020 before it had sold a single vehicle. Its share … Read more
In the Wichita courtroom, Hanes offered his only public reflection on the bank collapse. Wearing a gray suit, he walked up to the lectern, glancing nervously at his former friends in the gallery. “I’m sorry,” he told the judge. Until the very end, he explained, he thought he was involved in a legitimate business deal. … Read more
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 said on Tuesday. HP said it planned to buy Humane’s “A.I. capabilities,” including its software platform, intellectual property, patents and some employees. The Ai Pin … Read more
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 between Mr. Musk and OpenAI’s chief executive, Sam Altman. In a statement, Bret Taylor, the chairman of the OpenAI board, said, “OpenAI is not for … Read more
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 the wave of young companies that have been formed in the race to lead A.I. Thinking Machines Lab aims to “make A.I. systems more widely … Read more
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 company has waited for the right moment. Last week, Turo pulled its listing entirely. “Now is not the right time,” Andre Haddad, the company’s chief … Read more
A Senate committee is investigating whether a prominent cryptocurrency investor violated federal tax law to save hundreds of millions of dollars after he moved to Puerto Rico, a popular offshore tax haven, according to a letter reviewed by The New York Times. Senator Ron Wyden, an Oregon Democrat, sent the letter on Jan. 9 to … Read more
Intel, a fallen Silicon Valley icon trying to restore its reputation as America’s most prominent semiconductor company, is working with the Trump administration on a plan to turn over the operation of its chip-making plants to a giant Taiwanese company. Over the past few months, Frank Yeary, the interim executive chairman of Intel, has spoken … Read more
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 corporate structure. Mr. Musk and a consortium of investors had offered on Monday to buy the assets of the nonprofit that controls OpenAI, escalating a … Read more