Tesla billionaire Elon Musk reportedly declared, “Without me, OpenAI wouldn’t exist,” on the witness stand Wednesday as his testimony in his trial against Sam Altman stretches into a second day.
One executive told employees that OpenAI may be unable to fund future computing contracts.
The AI giant behind Claude has appointed Theo Hourmouzis as General Manager for Australia and New Zealand and confirmed the opening of its Sydney office, as the company expands its enterprise and government footprint in the region.
Last month, China barred the founders of the AI startup from leaving the country, as the deal was being probed on national security grounds.
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Sam Altman planned to develop AI “companions” after OpenAI added Apple’s famed designer last year.
Shares of Nvidia are now up 16% on the year after slumping in March.
A recent funding round valued OpenAI at more than $850 billion.
From newsrooms to meeting rooms to boardrooms, the shift to agentic workflows is letting leaders focus on the story instead of the process. Perkins says she has been building towards this moment since before Canva was Canva.
Roughly 30,000 layoffs have been blamed on AI so far this year, on top of 55,000 job cuts in 2025.