Wedbush views the unsolicited $97.4B bid by a group led by Elon Musk for the non-profit that controls OpenAI, aimed to slow down the startup's capital raising process.

Tesla stock tumbled Tuesday as reports emerged late Monday that an investor group, headed by Tesla Chief Executive Elon Musk, launched an unsolicited takeover bid worth $97.4 billion for Sam Altman's ...

Dan Ives, Wedbush Securities global head of technology research, joins 'Squawk on the Street' to discuss Ives' biggest ...

DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new ...

Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...

DeepSeek is the Temu of AI. Just like Temu was the "Amazon model destroyer" a few years ago...Amazon's team adjusted and now look where Temu and Amazon both are sitting. This latest shot across the ...

In addition, Dan Ives at Wedbush Securities recently told CNBC the Nvidia ... Stargate is a joint venture involving OpenAI and SoftBank. The former assumes operational responsibility and the ...

One voice of reason I tend to follow closely on Wall Street is technology analyst Dan Ives of Wedbush Securities ... models from OpenAI, Perplexity, or Anthropic, among others -- just as Temu ...

Wedbush Securities on Friday raised its price target ... What Happened: Oklo, backed by OpenAI CEO Sam Altman, is developing nuclear fission power plants to provide energy at scale.