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Rani Molla

Elon Musk asked Mark Zuckerberg to help buy OpenAI

When Elon Musk, the CEO of a combined social media and AI company (xAI), unsuccessfully tried to buy OpenAI earlier this year, he turned to Mark Zuckerberg, the CEO of a combined social media and AI company (Meta) for help, new court filings show.

Musk, who is also the CEO of Tesla and a cofounder of OpenAI, is taking OpenAI to court next March for changing its corporate structure. OpenAI has counterclaimed that Musk engaged in a “years-long harassment campaign” against the startup.

For what it’s worth, Musk and Zuckerberg also have a long-running beef. Neither Meta nor Zuckerberg signed Musk’s letter of intent “about potential financing arrangements or investments,” so it’s still unclear if they’ve buried the hatchet.

For what it’s worth, Musk and Zuckerberg also have a long-running beef. Neither Meta nor Zuckerberg signed Musk’s letter of intent “about potential financing arrangements or investments,” so it’s still unclear if they’ve buried the hatchet.

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Ford dips as another large fire breaks out at the New York Novelis aluminum plant

Shares of US auto giant Ford are down more than 2% on Thursday morning following reports of another major fire at its primary aluminum supplier’s plant in Oswego County, New York.

Local media reported that a four-alarm fire broke out at the Novelis plant, which supplies 40% of the aluminum sheet for the US auto industry, on Thursday morning.

Last month, Ford said a September fire at the plant would hit its earnings by between $1.5 billion and $2 billion in the fourth quarter. The company said it would be able to mitigate about $1 billion of that next year.

As of 10:15 a.m. ET, local officials said the fire is under control and everyone had been safely evacuated. Novelis previously said it would be able to restart operations at the part of the plant most damaged by the September fire next month.

Last month, Ford said a September fire at the plant would hit its earnings by between $1.5 billion and $2 billion in the fourth quarter. The company said it would be able to mitigate about $1 billion of that next year.

As of 10:15 a.m. ET, local officials said the fire is under control and everyone had been safely evacuated. Novelis previously said it would be able to restart operations at the part of the plant most damaged by the September fire next month.

Flying taxi Midnight on display at GITEX Global

Archer Aviation strikes deal to supply electric propulsion system to Anduril, bolstering its path to revenue

Archer Aviation announced its new agreement with Anduril after the market closed on Monday.

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