Tag: slow

  • OpenAI’s Altman says Musk ‘trying to slow us down’ with takeover bid

    OpenAI’s Altman says Musk ‘trying to slow us down’ with takeover bid

    OpenAI CEO Sam Altman said Elon Musk is “probably just trying to slow us down” with his bid to purchase the company, insisting on Tuesday that it is not for sale. 

    Altman, who spoke to Bloomberg on the sidelines of the AI Action Summit in Paris following Musk’s unsolicited bid of $97.4 billion to take over OpenAI, also said that Musk is probably living his whole life “from a position of insecurity” and that “I don’t think he’s like a happy person, I do feel for him.” 

    “Look, OpenAI is not for sale,” Altman told Bloomberg. “Elon tries all sorts of things for a long time. This is this week’s episode.” 

    “I think he is probably just trying to slow us down. He obviously is a competitor. He’s working hard to raise a lot of money for [his startup] xAI and they are trying to compete with us from a technological perspective from getting the product into the market and I wish he would just compete by building a better product but I think there has been a lot of tactics, you know many, many lawsuits, all sorts of other crazy stuff and now this,” Altman added. “And we’ll try to just put our head down and keep working.” 

    AI WILL HELP LOWER PRICES, BUT COULD BE USED BY AUTHORITARIAN GOVERNMENTS, ALTMAN SAYS 

    OpenAI CEO Sam Altman, left, is rejecting a bid from Tesla and SpaceX CEO Elon Musk to purchase Open AI. (Tomohiro Ohsumi/Chip Somodevilla/AFP/Getty Images)

    When asked if he is concerned about Musk’s proximity to President Donald Trump and his ability to potentially influence him regarding U.S. policy on AI, Altman said “Maybe I should, but not particularly.  

    “I try to just wake up and think about how we are going to make our technology better,” he also said. 

    Marc Toberoff, Musk’s attorney, said he submitted the bid on Monday to the board of directors at OpenAI to purchase the company, according to The Wall Street Journal. 

    Altman also responded to Musk’s offer on X, saying, “no thank you but we may buy twitter for $9.74 billion if you want.” 

    ELON MUSK WARNS FEDERAL RESERVE MAY FACE DOGE AUDIT 

    Elon Musk and Sam Altman at event

    Elon Musk, left, and Sam Altman are seen onstage together during an event at the Vanity Fair New Establishment Summit in San Francisco in 2015. (Michael Kovac/Getty Images for Vanity Fair / Getty Images)

    Musk turned to X and fired back quickly, “Swindler,” and later wrote, “Never a dull moment on X.” 

    Musk was a co-founder of OpenAI but cut ties with the company in 2018 after he was unable to persuade its other leaders to put him in charge of a for-profit OpenAI entity or merge the company with Tesla.  

    Both Musk and Altman started OpenAI as a charity in 2015. When Musk left, Altman became the chief executive and the company established a for-profit subsidiary to raise money from investors and Microsoft. Now, Altman is looking to turn the subsidiary into a traditional company, the WSJ reported. 

    OpenAI ChatGPT

    OpenAI is the creator of ChatGPT. (Photo Illustration by Idrees Abbas/SOPA Images/LightRocket via Getty Images / Getty Images)

    CLICK HERE TO READ MORE ON FOX BUSINESS        

    Last month, Trump announced a massive $500 billion infrastructure project called Stargate. Major names including Softbank, OpenAI and Oracle plan to join forces to build data centers in the U.S. for the further development of AI. 

    FOX Business’ Greg Wehner contributed to this report. 

  • Fox News Politics Newsletter: Dem stall tactics slow cabinet confirmations

    Fox News Politics Newsletter: Dem stall tactics slow cabinet confirmations

    Welcome to the Fox News Politics newsletter, with the latest updates on the Trump administration, exclusive interviews and more Fox News politics content.

    Here’s what’s happening…

    Cruz reintroduces amendment to combat court expansion efforts

    -Trump DOJ slaps Illinois, Chicago with lawsuit over sanctuary laws

    -First shipment of illegal migrant criminals to Guantanamo Bay consists of 10 Tren de Aragua members

    Delayed Deadlines 

    A federal judge pushed back the deadline for President Donald Trump’s buyout offer for federal workers on Thursday.

    Trump’s administration initially told federal workers they needed to decide whether to accept the buyout offer by Thursday. The new ruling delays the deadline to at least Monday, with another hearing on the issue scheduled for that day.

    U.S. District Judge George O’Toole Jr. did not express an opinion on the legality of Trump’s buyback program…Read more

    President Donald Trump waves after signing an executive order barring transgender female athletes from competing in women’s or girls’ sporting events, in the East Room of the White House, Wednesday, Feb. 5, 2025, in Washington. (AP Photo/Alex Brandon)

    DOGE

    ‘YOU MAY BE UNFAMILIAR…’: Liz Cheney to Elon Musk regarding her past work at USAID…Read more

    ‘POWER GRAB’: Jeffries unveils data protection bill amid DOGE crackdown…Read more

    ‘DAMN RIGHT’: Liz Cheney’s past USAID employment faces backlash after lashing out at Elon Musk…Read more

    EYEWITNESS: Former USAID official Mark Moyar says ‘corruption’ at agency ‘subverted’ Trump White House…Read more

    USAID official Mark Moyar details his experience dealing with 'corruption' and instances of government waste on leftist ideologies during his tenure at the agency from 2018 to 2019.

    USAID official Mark Moyar details his experience dealing with ‘corruption’ and instances of government waste on leftist ideologies during his tenure at the agency from 2018 to 2019. (Getty Images)

    DOGE HOUSE: After DOGE crackdown on USAID, Trump’s House allies want this Cabinet agency on chopping block…Read more

    LIMITED: Federal judge moves to limit DOGE access to sensitive Treasury Department payment system records…Read more

    ‘FUNDING INSANITY’: Feds spent millions studying trans menstruation, strengthening gay rights in the Balkans, database reveals…Read more

    White House 

    NEW TASK FORCE: Trump announces executive order creating task force to ‘eradicate anti-Christian bias’…Read more

    ‘ADORABLE MOMENT’: Top Arizona lawmaker spotlights ‘adorable moment’ as Trump signed women’s sports executive order…Read more

    Trump signs the No Men in Women's Sports Executive Order

    US President Donald Trump signs the No Men in Women’s Sports Executive Order into law in the East Room of the White House in Washington, DC, on February 5, 2025. President Trump on Wednesday is signing an executive order to ban transgender girls and women from competing on sports teams that match their gender identity, marking his latest move targeting transgender rights.  (ANDREW CABALLERO-REYNOLDS / AFP)

    ‘WORKING TOGETHER’: Newsom praises ‘very productive’ Trump meeting as he seeks more federal wildfire money…Read more

    ‘AI POWERHOUSE’: White House encourages Americans to provide ideas for artificial intelligence strategy…Read more

    OFFER EXTENDED: Federal judge delays Trump deadline for federal worker buyout offer…Read more

    World Stage 

    ‘NO ADJUSTMENT’: Panama denies State Dept claim that it is eliminating fees for US gov vessels using canal…Read more

    TITLE SWAP: Arab Americans for Trump group changes name after president’s Gaza takeover proposal…Read more

    Pro-Palestine students demonstrate on Columbia University’s campus

    Pro-Palestine students demonstrate on Columbia University’s campus in New York City on Thursday, April 18, 2024. Multiple students were arrested as officers cleared an encampment on the campus’ lawn. (Peter Gerber for Fox News Digital)

    BAD ‘INFLUENCE’: Education bill would require parental notification to ‘TRACE’ foreign funding of curriculum as China looks on…Read more

    ‘NO TROOPS NEEDED’: Trump’s Gaza ‘takeover’ rankles America First conservatives, allies suggest negotiator-in-chief is at work…Read more

    Capitol Hill

    NOT SO FAST: Dems delay Patel committee vote, deride Trump FBI pick as danger to US security…Read more

    RE-BUDGETING: House Republicans push to reroute frozen USAID funding into deporting illegal immigrants…Read more

    Donald Trump, border, USAID label

    A group of House Republicans want to use President Trump’s foreign aid freeze to add more funding toward illegal immigrant deportation efforts (Getty/AP)

    ‘ENJOY YOUR SPEECHES’: Senate Democrats speak all night against Trump OMB nominee, delaying confirmation vote…Read more

    TARIFF CHIEF: Trump’s trade representative pick to appear before Senate Finance Committee…Read more

    TARGETING REPUBLICANS: Pro-Democrat outside group targets Republican lawmakers with ‘Hands off Medicaid’ blitz…Read more

    Across America 

    CAMPUS CROSSFIRE: Civil rights officials probe four U.S. medical schools over antisemitism at 2024 commencement ceremonies…Read more

    ‘FULFILL THE MANDATE’: New election integrity report calls for critical changes to guarantee secure…Read more

    FULL DISCLOSURE: Prince Harry sees court setback on immigration records case in first hearing since Trump took office…Read more

    TAKING CHARGE: Rubio named acting director of another US government agency…Read more

    ‘CAMPAIGN OF VIOLENCE’: SEAL congressman introduces legislation to pull back the veil on threat cartels pose…Read more

    CONSEQUENCES IN CALI: House subcommittee holding hearing on how regulatory policy impacts natural disasters following LA fires…Read more

    Eaton wildfire in Altadena

    Vehicles and a house burn as powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, at the Eaton Fire in Altadena, California, U.S. January 8, 2025.  (REUTERS/David Swanson)

    ‘NEXT OPPONENT’: UFC heavyweight champ enters the ring for healthcare reform with new price transparency partnership…Read more

    ‘DEVASTATING’: New York ‘polluters pay’ law backcharging oil, gas companies faces Republican AGs’ lawsuit…Read more

    AG ON THE MOVE: Attorney General Pam Bondi to travel to New Orleans to survey Super Bowl LIX security…Read more

    ‘SANCTUARY’ ABUSE: Massachusetts migrant shelter resident charged with impregnating teen daughter…Read more

    Get the latest updates on the Trump administration and Congress, exclusive interviews and more on FoxNews.com.

  • FAA to slow arrivals at DCA to reduce risks after crash

    FAA to slow arrivals at DCA to reduce risks after crash

    • The Federal Aviation Administration plans to reduce flight arrivals at Washington Reagan National Airport to address safety concerns after a deadly collision between a military helicopter and a passenger jet, according to an email seen by Reuters.
    • The FAA told airlines late Wednesday that the reduction from a maximum rate of 28 to 26 arrivals per hour would reduce risk but also increase average delays from 40 minutes to 50 minutes.
    • The NTSB and FAA are briefing members of the Senate Commerce Committee on Thursday on the investigation into the crash.

    The Federal Aviation Administration plans to announce it is reducing flight arrivals at Washington Reagan National Airport to address safety concerns after a deadly collision between a helicopter and an American Airlines AAL.O regional jet killed 67 people, according to an email seen by Reuters.

    The FAA told airlines late Wednesday that the reduction from a maximum rate of 28 to 26 arrivals per hour would reduce risk but also increase average delays from 40 minutes to 50 minutes. The email said investigators from the FAA and National Transportation Safety Board “have expressed concern for our tower personnel on duty, who have an increased level of stress while also having a front row view of the accident recovery.”

    EXPERT PUTS ONUS ON FAA FOR AMERICAN AIRLINES, HELICOPTER CRASH: ‘BAD MANAGEMENT’ IS ‘PUTTING US AT RISK’

    The email added that reducing the rate from 28 to 26 “will reduce risk and allow a little space for extra coordination.” It is unclear if the reduction will force airlines to cancel some flights.

    The NTSB and FAA are briefing members of the Senate Commerce Committee on Thursday on the investigation. An FAA spokesperson did not immediately comment on how long the restrictions would be in place, but noted it is slowing traffic into and out of Reagan due to weather conditions and recovery efforts in the area.

    A plane flies overhead as people attend a candlelight vigil for the victims of the collision between an American Airlines regional jet and a Black Hawk helicopter that crashed into the Potomac River near Ronald Reagan Washington National Airport, in (Reuters/Eduardo Munoz/File Photo / Reuters)

    In the aftermath of the crash, the FAA has imposed significant restrictions on helicopter flights around Reagan National until at least late February and two of the lesser-used runways remain closed. When police, medical or presidential transportation helicopters must use the airspace, civilian planes are not allowed to be in the same area, according to an FAA advisory.

    U.S. Transportation Secretary Sean Duffy said on Wednesday he is reconsidering rules that allowed air traffic control supervisors to reduce staffing before the fatal collision.

    READ MORE FROM FOX BUSINESS

    Duffy noted that before the crash, two air traffic control positions were consolidated for helicopters and aircraft.

    “We’re going to pull that authority back to make sure that we have the right policies in place inside our towers to make sure when you fly you’re safe,” Duffy said.

    Duffy also plans to announce in the coming days steps to surge more air traffic control training and applicants. The FAA is about 3,000 controllers short of staffing levels and nearly all control towers have staffing issues.