OpenAI

OpenAI is an artificial intelligence research organization founded in 2015. It created AI chatbot ChatGPT. Competitors include other AI research organizations such as DeepMind and Google Brain. OpenAI was founded by Sam Altman, former president of startup accelerator Y Combinator, Greg Brockman, former chief technology officer and third employee of Stripe, and Ilya Sutskever, a former Google expert on machine learning. Microsoft has invested more than $11 billion in the company and is a nonvoting board observer. Current board members are Chair Bret Taylor, a former Salesforce co-CEO, former Treasury Secretary Larry Summers, and Quora CEO Adam D’Angelo.

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Apple CEO Tim Cook. Fabrice Coffrini/AFP/Getty.
The Briefing

Apple's Cash Strategy Shift

By Martin Peers · Apr 30, 2026 5:10pm PDT
Tim Cook is going out with a bang. Apple reported a stellar March quarter on Thursday, delivering 17% higher revenue, thanks to 22% growth in iPhone revenues, a big change from several years of anemic growth in sales of the ubiquitous device. In other words, far more consumers are upgrading their old iPhones than has been the case for a... Tim Cook is going out with a bang. Apple reported a stellar March quarter on Thursday, delivering...
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Dealmaker

Founders Fund Takes a Bigger Bite of Anduril

By Julia Hornstein · Apr 30, 2026 4:31pm PDT
Two months ago, my colleagues broke the news of Anduril’s latest funding round, slated to value the company at $60 billion. Andreessen Horowitz and Thrive Capital are leading the roughly $4 billion investment, according to a source with direct knowledge of the fundraising efforts. But another investor stands out for the size of its check. ... Two months ago, my colleagues broke the news of Anduril’s latest funding round, slated to value...
Amy Hood, CFO of Microsoft. Photo by Chona Kasinger/Getty Images
Applied AI

Microsoft Pushes Usage-Based Pricing as AI Eats into Cloud Margins

By Aaron Holmes and Kevin McLaughlin · Apr 30, 2026 11:59am PDT
Microsoft CEO Satya Nadella said Wednesday that a lot more people were heavily using the company’s AI-powered applications. But his company’s first quarter financial results showed the usage was dragging down profit margins in its cloud unit, prompting Microsoft to effectively boost prices. Microsoft CEO Satya Nadella said Wednesday that a lot more people were heavily using the company’...
Photo by Amy Osborne/Getty Images
Artificial Intelligence

Musk Battles OpenAI Lawyer Over Claims Co-Founders Stole a Charity

By Rocket Drew · Apr 29, 2026 8:01pm PDT
The AI era’s mega-trial delivered its first real drama, as an OpenAI lawyer sought to portray Elon Musk as resentful and double-dealing during a tense cross examination Wednesday. Bill Savitt, OpenAI’s outside counsel, and a veteran of legal combat with Musk, called into question Musk’s motivations for bringing the lawsuit and sought to... The AI era’s mega-trial delivered its first real drama, as an OpenAI lawyer sought to portray...