Latest news with #OpenAIInc


Time of India
26-05-2025
- Business
- Time of India
Elon Musk: Saudi Arabia approves use of Starlink for maritime, aviation purposes
Elon Musk said Saudi Arabia will authorise the use of his company SpaceX's Starlink service for aviation and maritime shipping as the kingdom strikes about $600 billion in investment commitments during President Donald Trump's visit. The billionaire announced the news at a summit held in Riyadh and attended by dozens of US executives, including other Big Tech leaders, including OpenAI Inc. Chief Executive Officer Sam Altman and Inc. Chief Andy Jassy. Musk also said he displayed his Tesla Inc. Optimus robots doing 'the Trump dance' to the president and Crown Prince Mohammed Bin Salman during meetings on Tuesday. Musk pitched services from across his empire, including robotaxis and The Boring Company tunnels, as part of his vision to improve life in Saudi Arabia. Show more Show less


Time of India
24-05-2025
- Business
- Time of India
'Everyone will want one…': Elon Musk makes huge announcement on humanoid robots
Elon Musk said Saudi Arabia will authorise the use of his company SpaceX's Starlink service for aviation and maritime shipping as the kingdom strikes about $600 billion in investment commitments during President Donald Trump's visit. The billionaire announced the news at a summit held in Riyadh and attended by dozens of US executives, including other Big Tech leaders, including OpenAI Inc. Chief Executive Officer Sam Altman and Inc. Chief Andy Jassy. Musk also said he displayed his Tesla Inc. Optimus robots doing 'the Trump dance' to the president and Crown Prince Mohammed Bin Salman during meetings on Tuesday. Musk pitched services from across his empire, including robotaxis and The Boring Company tunnels, as part of his vision to improve life in Saudi Arabia. Show more Show less


Time of India
13-05-2025
- Business
- Time of India
Elon Musk makes stunning announcement on Starlink deal in Saudi Arabia Trump Gulf Visit
Elon Musk said Saudi Arabia will authorise the use of his company SpaceX's Starlink service for aviation and maritime shipping as the kingdom strikes about $600 billion in investment commitments during President Donald Trump's visit. The billionaire announced the news at a summit held in Riyadh and attended by dozens of US executives, including other Big Tech leaders, including OpenAI Inc. Chief Executive Officer Sam Altman and Inc. Chief Andy Jassy. Musk also said he displayed his Tesla Inc. Optimus robots doing 'the Trump dance' to the president and Crown Prince Mohammed Bin Salman during meetings on Tuesday. Musk pitched services from across his empire, including robotaxis and The Boring Company tunnels, as part of his vision to improve life in Saudi Arabia. Show more Show less


Bloomberg
13-05-2025
- Business
- Bloomberg
Musk Strikes Starlink Deal With Saudi Arabia During Trump Visit
By and Leen Al-Rashdan Save Elon Musk said Saudi Arabia will authorize the use of his company SpaceX 's Starlink service for aviation and maritime shipping as the kingdom strikes about $600 billion in investment commitments during President Donald Trump's visit. The billionaire announced the news at a summit held in Riyadh and attended by dozens of US executives, including other Big Tech leaders including OpenAI Inc. Chief Executive Officer Sam Altman and Inc. chief Andy Jassy.


Bloomberg
25-03-2025
- Business
- Bloomberg
China Floods the World With AI Models After DeepSeek's Success
By and Yazhou Sun Save DeepSeek did more than just show the AI industry you don't have to spend billions to build artificial intelligence. It fired up a long-dormant Chinese tech industry — and now Western names from OpenAI Inc. to Nvidia Corp. may pay the price. Since DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China's tech leaders have flooded the market with a rapid succession of low-cost AI services, undercutting premium offerings from the likes of OpenAI and Alphabet Inc.'s Google. Chinese companies have in the past two weeks rolled out no fewer than 10 major product updates or releases — and that's just the big names.