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[ad_1] California has taken a big step toward regulating AI. SB 243 — a bill that would regulate AI companion chatbots in order to protect minors and vulnerable users — passed both the State Assembly and Senate with bipartisan support and now heads to Governor Gavin Newsom’s desk. Newsom has until October 12 to either veto the bill or sign it into law. If he signs, it would take effect January 1, 2026, making California the first state to require AI chatbot operators to implement safety protocols for AI companions and hold companies legally accountable if their chatbots fail to…

[ad_1] OpenAI announced Thursday it reached a non-binding agreement with Microsoft, its largest investor, on a revised partnership that would allow the startup to convert its for-profit arm into a public benefit corporation (PBC). The transition, should it be cleared by state regulators, could allow OpenAI to raise additional capital from investors and, eventually, become a public company. In a blog post, OpenAI Board Chairman Bret Taylor said under the non-binding agreement with Microsoft, OpenAI’s nonprofit would continue to exist and retain control over the startup’s operations. OpenAI’s nonprofit would obtain a stake in the company’s PBC worth upwards of…

[ad_1] OpenAI CEO Sam Altman has asked a federal judge to lean on two of Elon Musk’s closest business associates: wealth manager Jared Birchall and Neuralink director of operations Shivon Zilis, mother to four of the Tesla tycoon’s children.As part of his defense against Musk’s 2024 racketeering lawsuit, Altman wants a judge in California to order Birchall and Zilis to turn over key texts and emails in 72 hours. If either blows that deadline, they should be required to sit for one additional, preliminary deposition prior to their primary depositions in the case.US District Court Magistrate Judge Thomas S. Hinton…

[ad_1] David Ellison just showed he’s serious about challenging Netflix and Disney for the Hollywood crown — and he’s moving at lightning speed.The media mogul and his new company, Paramount Skydance, are preparing a bid for rival Warner Bros. Discovery, The Wall Street Journal reported on Thursday. Business Insider couldn’t independently confirm the report. WBD declined to comment, and Paramount didn’t respond to requests for comments.The news sent waves through the media industry, in part because of how quickly Ellison seems to be moving to consolidate power. As a reminder, the deal that combined his company, Skydance, with Paramount closed just…

[ad_1] Microsoft is planning to make “significant investments” in its own AI chip cluster to become “self-sufficient in AI,” Microsoft AI CEO Mustafa Suleyman said during an all-employee town hall meeting on Thursday.Microsoft’s AI strategy has so far largely relied on a partnership with OpenAI, although the companies have drifted apart lately and they’re finalizing tense contract renegotiations right now.Suleyman’s comments suggest Microsoft wants to forge its own path in AI, while still supporting OpenAI with cloud-computing services.”It’s critical that a company of our size, with the diversity of businesses that we have, that we are, you know, able to…

[ad_1] In 2019, Adam Neumann stepped down as WeWork’s CEO after a failed IPO raised questions about his leadership and spending. Three years later, Andreessen Horowitz wrote him a check for a reported $350 million.A swift backlash followed after A16z announced the investment. Jason Calacanis posted on X that a startup “worth $1b before it launches a product it’s probably a scam.”On “Lenny’s Podcast,” Ben Horowitz explained why A16z invested in Neumann’s real estate startup, Flow, calling it “the single most controversial investment that we ever made.””We got called everything from stupid to sexist to racist to this and that…

[ad_1] 2025-09-11T20:06:19Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Gen Z grads looking to move after college might consider staying in their college towns. RentCafe analyzed 122 metros and ranked them for Gen Z graduates, and many college towns came out on top. College towns offer affordability compared to urban centers while still being culturally active. After…

[ad_1] Fear and resolve have spread across the conservative media sphere after the fatal shooting of influential right-wing activist Charlie Kirk. Some are upping security measures and predicting a chill on outdoor events while also expressing a desire to keep speaking out.At Blaze Media, which is home to Glenn Beck’s show, building security was increased after the shooting, editor in chief Matthew Peterson told Business Insider.”We were all informed security was elevated in the building, and I think everyone is thinking about what this means today for security in the future,” Peterson said. He said it’s still early, but that…

[ad_1] After completing a classic “bull flag” chart pattern this week, shares of Blackstone Group (BX) should be poised to experience much stronger gains in the weeks to come. With improving momentum characteristics and relative strength, along with a bullish moving average configuration, it appears that BX is resuming a primary uptrend phase. Blackstone first popped up on our radar back in July, when the stock completed an inverted head and shoulders bottoming pattern. Soon after, the price pushed back above the 200-day moving average, completing a clear bullish rotation. But starting in July, BX began a short-term downtrend formed by…

[ad_1] Kevin Dietsch/Getty Images 2025-09-11T18:42:57Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Shares of Warner Bros. Discovery surged on Thursday. The stock rallied on a report that Paramount Skydance is preparing a bid for the company. Warner soared as much as 37%, while shares of Paramount Skydance rose about 10%. A potential major shakeup in the media…