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Delaware's attorney general is hiring an investment bank to advise on OpenAI's for-profit conversion, the Wall Street Journal reported.
OpenAI is undergoing a transformation meant to help it attract more investors and potentially go public. Securing the state approvals it needs to do so is proving complicated.Delaware’s attorney general is in the process of hiring an investment bank to help it independently value the equity OpenAI’s nonprofit parent will hold in a new for-profit entity,
Along with a location announced earlier in May, Rite Aid has added several more Delaware stores to its list of closures. See where they are.
Nvidia is still riding high on the AI wave, and the Trump administration is playing rough with Venezuela. Plus, Delaware was the spot for companies to incorporate. Now, Nevada and Texas are challenging that. I’m Marc Filippino, and here’s the news you need to start your day.
June 1 kicks off Coastal Delaware Restaurant Week, featuring discounts and prix-fixe menus in Lewes, Rehoboth and Dewey Beach. Visit beach-fun.com for a list of participants.
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Delaware Attorney General Kathy Jennings is joining more than a dozen other states who are suing the Trump Administration to restore National Science Foundation funding.
About 4,500 people are working inside Amazon’s fulfillment center in Wilmington at any given time. After renovations, some of their newest coworkers will be robots.
AG Kathy Jennings joined 15 other states in suing to block cuts to the National Science Foundation, or funding to fuel research and education in STEM.
A US court invalidated President Donald Trump’s “liberation day” tariff scheme yesterday. Nvidia reported a nearly 70 per cent surge in quarterly revenues, and the US has said it will not renew Chevron’s oil licence in Venezuela. Plus, Texas and Nevada are seeking to challenge the dominance of Delaware with company-friendly law.
The Meridian Police Department said a Delaware man wanted for vehicular manslaughter was arrested after a brief standoff.