TNB Tech Minute: Elon Musk-Led Group Offers $97.4 Billion for Control of OpenAI
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 10 February 2025
⏱️ 3 minutes
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| 0:00.0 | Americans love using their credit cards, the most secure and hassle-free way to pay. |
| 0:04.0 | But DC politicians want to change that with the Durban Marshall Credit Card Bill. |
| 0:08.0 | This bill lets corporate megastores pick how your credit card is processed, |
| 0:13.0 | allowing them to use untested payment networks that jeopardize your data security and rewards. |
| 0:18.0 | Corporate megastores will make more money and you pay the price. |
| 0:22.1 | Tell Congress to guard your card because Americans lose when politicians choose. Learn more at |
| 0:28.1 | guard your card.com. Here's your TNB Tech Minute for Monday, February 10th. I'm Julie Chang for |
| 0:35.9 | the Wall Street Journal. |
| 0:44.0 | A consortium of investors led by Elon Musk is offering over $97 billion to buy the nonprofit that controls OpenAI. An attorney for Musk said he submitted a bid for all the nonprofit's |
| 0:49.8 | assets to OpenAI's board of directors today. The unsolicited offer complicates CEO Sam Altman's plans |
| 0:56.4 | to convert Open AI to a for-profit company along with plans to spend up to $500 billion on AI |
| 1:03.0 | infrastructure through the Stargate joint venture. Altman and Musk are already fighting in court |
| 1:07.9 | over the direction of OpenAI. Altman responded to Musk's bid on X, |
| 1:12.4 | writing, quote, no thank you, but we will buy Twitter for $9.74 billion if you want. |
| 1:19.0 | Intel's head of data center and artificial intelligence operations is leaving the chipmaker. |
| 1:24.7 | Justin Hotard, who joined Intel in February last year, will join European |
| 1:28.4 | Telecommunications Gearmaker Nokia as its newest CEO in April. Hotard's exit is the latest |
| 1:34.9 | high-profile executive shuffle at Intel, as the company struggles to revamp its business. Former |
| 1:40.4 | Intel CEO Pat Gelsinger retired abruptly in December. Intel has lagged behind rivals like |
| 1:46.2 | Nvidia in the AI race. Its stock is down more than 55% over the past 12 months. |
| 1:53.4 | And two of Europe's biggest startups, Helsing and Mistral AI, have teamed up to develop AI |
| 1:59.4 | systems for military use. |
... |
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