Silicon Valley Observations: Musk won a round, but OpenAI also didn't lose.

Facing numerous obstacles, OpenAI ultimately abandoned its commercialization transformation plan. To some extent, Musk has won this round against Altman, striking down OpenAI's original transformation plan. But from another perspective, Altman has not lost; at least he achieved part of his goals. There are both personal grievances and fierce commercial competition between him and Musk. In the coming years, this complex struggle will continue. The generative AI giant OpenAI officially announced yesterday that it has abandoned its commercialization transformation plan.

Sina Finance19:17 ET

U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.

① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.

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Express News | Meta Says It Has Been Awarded $168 Million in Damages From Spyware Firm Nso Group

Reuters17:01 ET

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Moomoo News16:30 ET

Amazon, Meta, Microsoft Earnings Put Dan Loeb's Portfolio To The Test

Benzinga15:40 ET

Meta Introduces Advanced AI Models for Vision and Language Tasks

Investing15:06 ET