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OpenAI board rejects Elon Musk-led buyout offer
OpenAI board rejects Elon Musk-led buyout offer
by  AFP

OpenAI's board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company for $97.4 billion. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition," chairman of the board Bret Taylor said in a statement posted by the company on Musk-owned X, formerly Twitter.

Russian central bank sharply raises inflation forecast
Russian central bank sharply raises inflation forecast
by  AFP

Russia's central bank sharply raised its inflation forecast for 2025 on Friday, warning there was no sign rocketing price increases would go into reverse. Prices are now expected to go up between seven to eight percent this year, compared with an earlier forecast for 2025 of between 4.5 to five percent, the central bank said in a statement.

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