OpenAI rejects Elon Musk’s takeover bid
OpenAI, which started as a non-profit and now has a unique structure where the non-profit controls the for-profit entity, has rejected a takeover bid from Elon Musk, one of its co-founders. Musk has been involved in legal disputes with the company.
Dell nears deal to sell about $7b in AI servers to Elon Musk’s xAI
Dell is close to finalizing a deal to sell approximately $7 billion worth of AI servers to xAI, Elon Musk’s AI startup. xAI’s main product is a chatbot called Grok, which is primarily available to paying users of X (formerly Twitter).
Apple plans to launch AI features in China from May
According to Bloomberg News, Apple is planning to launch AI features in China starting from May. The article also mentions other AI-related news, including potential risks of bank runs due to AI-generated content.
Palantir Stock Up Nearly 50% to Start 2025
Palantir’s stock has risen by nearly 50% at the beginning of 2025. The company is profitable, unlike some AI companies, although its profit margin decreased in Q4 due to rising operating expenses.
Venture investors see DeepSeek accelerating AI market growth
Venture capital investors are optimistic about DeepSeek’s potential to accelerate AI market growth. Karthee Madasamy, a managing partner at MFV Partners, expects to see more foundational model companies offering higher-layer services in the AI sector.
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