The state attorneys general said on Monday that they’re reviewing the new plan.
There’s one critic who clearly isn’t happy: Elon Musk, who co-founded OpenAI but has since filed multiple suits to stop the for-profit conversion. (The company has argued that Musk, who has since founded a rival, xAI, is trying to impede a competitor.) A lawyer for Musk said OpenAI’s new plan was “a transparent dodge that fails to address the core issues.”
Altman dismissed concerns about Musk on Monday: “We’re all obsessed with our mission,” he said. “You’re all obsessed with Elon.”
HERE’S WHAT’S HAPPENING
Ford says that President Trump’s tariffs could cost it $1.5 billion this year. But the company, which makes most of its vehicles in the U.S., said it’s less affected by Trump’s 25 percent tariffs on auto parts than other carmakers. Its stock is down sharply in premarket trading, along with other automakers. General Motors said last week that the levies would increase costs by up to $5 billion this year. Ford joined European carmakers including Mercedes-Benz and Stellantis in scrapping its forecast, citing uncertainty over tariffs.
Trump’s crypto empire is complicating new sector-friendly legislation. The GENIUS Act, which seeks to establish guidelines for so-called stablecoins, has run into opposition from Democratic senators who argue that it could directly benefit the Trump family’s digital currency business, citing reporting by The Times. Elsewhere, a group of traders made a nearly $100 million profit by buying a memecoin linked to Melania Trump minutes before it was made public in January, according to The Financial Times.
The Trump administration escalates its feud with Harvard. Federal officials have disqualified the university from future research grants, in another tactic seemingly meant to bring the school back to the negotiating table over additional oversight. Relatedly, officials in France and Brussels are trying to profit from Trump’s clashes with academia by offering huge financial incentives to lure U.S. scientists to Europe to pursue their work.
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