On November 8, 2016, Prime Minister Narendra Modi announced the demonetisation of ₹1,000 and ₹500 notes with immediate effect, stating that the move would serve as a major assault on black money, counterfeit currencies, and corruption. The days that followed the announcement saw public panic
Bhagyashree recently spoke candidly about why she was paid more than her co-star Salman Khan in Maine Pyar Kiya, which was released in 1989. At the time, Salman Khan had only one film (Biwi Ho To Aisi) to his credit, while Bhagyashree made her debut with the Sooraj Barjatya directorial. The actress
Dua Lipa says Samsung used her image to sell TVs without consent, files $15 million lawsuitDua Lipa's lawyers have attached screenshots of social media postings and comments in the filing, showing pop star's image on the front of the boxes. Updated on: May 11
Prime Minister Narendra Modi made striking appeals to citizens on 10 May, urging citizens to place “nation first above personal comfort” while addressing a gathering in Hyderabad. As India grapples with the economic fallout of West Asia conflict and rising global fuel prices
Five BJP leaders, Dilip Ghosh, Agnimitra Paul, Ashok Kirtania, Kshudiram Tudu and Nisith Pramanik, also took oath as ministers in the West Bengal cabinet. Kolkata: Suvendu Adhikari will hold his government’s first administrative meeting on May 11
While every athlete fights two battles – one on the field and one beyond it – the latter is often far harder for women athletes in India. Here, a girl choosing sport is frequently viewed as an act of rebellion long before it is recognised as ambition
On May 4, Pixxel, a Bengaluru-based imaging satellite company, said that it would partner with the AI firm Sarvam to launch what is being described as India’s first ‘orbital data centre’ satellite, named Pathfinder. This is expected to be a 200 kg class satellite scheduled for orbit by the
Anand (Gujarat), May 11 (PTI) Four persons were killed and five others injured when a tempo they were travelling in crashed into a truck on a highway in Gujarat’s Anand district on Monday morning, police said. The accident occurred on the Tarapur-Bagodra state highway.Anand (Gujarat)
Microsoft boss Satya Nadella to testify on his role in OpenAI's founding
is expected to take the stand Monday in Elon Musk's lawsuit against , to explain emails that revealed how his company funded the ChatGPT creator's shift from philanthropic organization to for-profit AI giant.
Nadella's testimony will precede that of OpenAI boss Sam Altman, whose questioning -- likely on Tuesday or Wednesday -- will be one of the final stages in a closely watched trial before a federal jury in Oakland, California.
The trial has laid bare the internal strife within a circle of elite Silicon Valley engineers, investors and executives in the years leading up to the high-profile launch of the ChatGPT chatbot in 2022.
In his lawsuit, Musk accuses OpenAI of betraying its original nonprofit mission and misappropriating his founding donations totalling $38 million to build an empire valued at over $850 billion.
The Tesla and founder is calling for OpenAI to revert to its original status as a nonprofit -- a move that would impact its position in the global artificial intelligence race against , Google and China's Deepseek.
OpenAI counters that Musk left voluntarily after failing to seize majority control and has since become the company's direct competitor through his own AI venture, xAI.
An "advisory" jury is expected to reach a verdict on any actual wrongdoing by the week of May 18.
Judge Yvonne Gonzalez Rogers will then make the final ruling on both liability and remedies after hearing the jury's opinion. She has indicated she will likely follow their advice.
If Gonzalez Rogers ultimately sides with Musk, OpenAI's initial public offering could be jeopardized.
Attracting investment
On Monday, Musk's lawyers are expected to try to convince the jury that Microsoft, by investing in OpenAI in 2019, knew it was helping divert a nonprofit foundation from its original purpose.
He will rely on recently disclosed Microsoft emails from January 2018 to demonstrate that the tech giant only opened its checkbook once a profit appeared possible.
In the emails, Nadella consulted his executives about a discount granted to OpenAI to use the computing power of Azure, Microsoft's cloud-computing platform.
"Overall I can't tell what research they are doing and how if shared with us it could help us get ahead," Nadella wrote. "From what Elon is telling everyone... he feels Open AI is at verge of some big AGI (artificial general intelligence) breakthroughs."
Skepticism predominated at the time, with Microsoft Chief Technology Officer Kevin Scott fearing OpenAI might "storm off to Amazon in a huff."
In the months that followed, cash-strapped OpenAI established a for-profit subsidiary to attract investments, rather than relying solely on donations.
In 2019, a year and a half after turning its back on the startup, Microsoft finally invested $1 billion. It would ultimately inject $13 billion in total, a stake now valued at $228 billion -- 17 times the initial investment.
The trial has already heard gripping testimony.
Last week, co-founder Greg Brockman -- whose stake in OpenAI is valued at $30 billion -- came under fire about his 2017 diary entries including one in which he appeared keen on "making money for us."
Musk's lawyers seized on the entries to portray Brockman as a calculating opportunist.
Brockman also told lawyers that Musk physically threatened him in 2017 after Musk was refused absolute control of OpenAI.
Musk on Wednesday announced a major partnership with Anthropic, OpenAI's top rival, to allow it to use the compute capacity at SpaceX's largest data center.
Source: EconomicTimes
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