Tech

OpenAI, Musk fast-track trial over for-profit transition

OpenAI and Elon Musk fast-track trial over for-profit shift amid ongoing legal dispute and Musk’s competing startup, xAI.

Published

10 months ago

March 15, 2025

Ahron Young

OpenAI and Elon Musk fast-track trial over for-profit shift amid ongoing legal dispute and Musk’s competing startup, xAI.

In Short

OpenAI and Elon Musk have agreed to fast-track a trial regarding OpenAI’s shift to a for-profit model amid ongoing legal disputes. The judge has set an accelerated trial date for autumn, rejecting Musk’s attempt to halt the transition, while OpenAI has denied Musk’s claims and dismissed his takeover offer.

OpenAI and Elon Musk have reached an agreement to expedite a trial concerning OpenAI’s transition to a for-profit structure. This development is part of an ongoing legal dispute involving Musk and OpenAI CEO Sam Altman.

The joint proposal for the trial was submitted in December, as noted in a federal court filing. The parties have deferred a decision on whether the case will be resolved by a jury or solely by the presiding judge.

Profit-driven model

This month, the judge declined Musk’s request to halt OpenAI’s shift to a profit-driven model but has accepted an accelerated trial date for the autumn. OpenAI expressed approval of the court’s ruling, which they believe counters Musk’s attempts to impede the company’s progress for personal gain.

Musk, who co-founded OpenAI in 2015 but departed before its rapid growth, later established a competing venture, xAI, in 2023. He has previously sued OpenAI and Altman, alleging that the organisation has deviated from its original mission of developing AI for humanity’s benefit.

Both OpenAI and Altman have denied Musk’s claims, with Altman suggesting that Musk is attempting to hinder competition.

The lawsuit’s outcome will significantly influence OpenAI’s for-profit transition, which the company views as essential for securing the necessary capital to thrive amid the competitive AI landscape.

Tech

Apple’s AI wearable push: Cameras, speakers and a 2027 vision

Apple is developing an AI-powered wearable device, aiming for a launch of 20 million units in the growing AI market.

Published

13 hours ago

January 22, 2026

Harvey Vargas

Apple is developing an AI-powered wearable device, aiming for a launch of 20 million units in the growing AI market.

Apple is reportedly developing an AI-powered wearable device equipped with cameras and speakers, signalling its next major move into artificial intelligence-driven hardware.

While still in early development, the company is said to be planning a launch scale of up to 20 million units.

This move places Apple squarely into the fast-growing AI wearable market, where tech giants are racing to define what hands-free, AI-first devices will look like. Rather than rushing to market, Apple appears to be taking a measured approach by embedding AI capabilities into its existing ecosystem.

Reports suggest Apple is also experimenting with camera-equipped AirPods and smart glasses, with a potential launch timeline around 2027. If successful, these devices could reshape how users interact with AI in everyday life.

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#Apple #AIWearables #AppleAI #TechNews #SmartGlasses #AirPods #FutureTech #Ticker

Tech

AI spending in 2026: Why investment is compounding, not just cyclical

As 2026 begins, AI investment debates rise; real revenue growth signals pivotal changes for tech adoption and future trends.

Published

1 day ago

January 21, 2026

Harvey Vargas

As 2026 begins, AI investment debates rise; real revenue growth signals pivotal changes for tech adoption and future trends.

As we kick off 2026, the debate around AI spending is heating up. Skeptics warn of cyclical hype, but new evidence suggests that AI investment is delivering real revenue and gaining traction across enterprises. Brad Gastwirth from Circular Technologies breaks down why this year could be pivotal for AI adoption.

We dive into how AI spending today compares to previous tech booms, the impact of circular funding models, and why enterprise and sovereign demand are driving durable growth. Brad explains the compounding effect of AI investment and what it means for future technological development.

Finally, we explore the race toward AGI and ASI and the broader implications for the tech landscape. From skeptics to believers, understanding these trends is key for investors, businesses, and tech enthusiasts alike.

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#AIInvestment #TechTrends2026 #ArtificialIntelligence #EnterpriseAI #FutureTech #AGI #TechBoom #CircularFunding

Tech

TSMC posts record profits on AI chip boom

TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.

Published

7 days ago

January 16, 2026

Harvey Vargas

TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.

Taiwan Semiconductor Manufacturing Company (TSMC) has posted a record net profit for the fourth quarter, driven by strong demand for advanced chips.

Net profit surged 35% year-on-year, exceeding analyst expectations and signalling a dominant position in the semiconductor market.

Quarterly revenue also rose 20.5% compared to last year, supported by robust sales in AI and high-performance computing segments. The company’s success reflects the growing global appetite for cutting-edge semiconductor technology.

Looking ahead, TSMC plans to ramp up capital expenditure, projecting investments of up to $56 billion in 2026. The positive results have sparked an upbeat reaction across global markets, highlighting TSMC’s influence in the tech sector.

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#TSMC #Semiconductors #AIChips #TechNews #HighPerformanceComputing #StockMarket #QuarterlyEarnings #TechInvesting