Tesla Bull Gene Munster Breaks Down EV Giant's Robotaxi Plans And Future Of Autonomy, Says It Could Save 'Tens Of Thousands Of Lives And Hundreds Of Billions Of Hours Per Year'

Benzinga38minutes ago

OpenAI is transforming into a for-profit enterprise, how will microsoft's nearly $14 billion investment convert to shares? Negotiations have begun.

Both microsoft and OpenAI have hired investment banks to provide advice for this negotiation, highlighting its importance. Analysts believe that one of the biggest challenges the company faces in transitioning to a for-profit enterprise is how to allocate equity. As OpenAI's largest investor to date, microsoft may receive a significant amount of the company's equity.

wallstreetcn59minutes ago

Tesla Cybercab's Wireless Charging Capabilities Shown Off In New Teaser Video: Will This Be The Future Of EV Charging?

Benzinga01:26 ET

Intel's new move to "save itself": selling its "future core" Altera stake for $17 billion.

The media reported that intel is looking for interested PE and strategic investors this week, may sell the majority of Altera shares. Intel acquired the programmable chip business Altera for $16.7 billion in 2015 and made it a subsidiary in February this year, seeking an IPO in 2026. Intel's CEO also said last month that Altera is a core part of the company's future.

wallstreetcn01:13 ET

US stocks closed | S&P, Dow hit new closing highs, Netflix soared more than 11% after earnings; Chinese concept stocks rose across the board, li auto inc rose more than 6%

1. China concept stocks are up across the board, with the Nasdaq Golden Dragon Index in China rising by 3.03%; 2. The US federal government has started investigating Tesla's FSD; 3. The US Federal Aviation Administration said it will launch a new round of safety reviews on Boeing; 4. Netflix hits a new all-time high, with the company's third-quarter performance and fourth-quarter performance guidance both exceeding market expectations.

cls.cn21:34 ET

Spent 13 billion and still can't use the latest AGI? Leaks suggest microsoft's contract with OpenAI has some "mystery".

According to reports, there is a provision in the contract stating that if OpenAI develops AGI, microsoft will not be able to use OpenAI's technology. This clause aims to ensure that giants like microsoft do not abuse AGI technology. The issue is, according to the provision, the board of directors of OpenAI can determine when AGI will arrive.

wallstreetcn19:31 ET