Saudi Arabia, Finland Deepen Cooperation in ICT to Boost Digital Economy

The memorandum was signed by the Saudi Minister of Communications and Information Technology and the Finnish Minister of Foreign Trade and Development  in Riyadh. SPA
The memorandum was signed by the Saudi Minister of Communications and Information Technology and the Finnish Minister of Foreign Trade and Development in Riyadh. SPA
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Saudi Arabia, Finland Deepen Cooperation in ICT to Boost Digital Economy

The memorandum was signed by the Saudi Minister of Communications and Information Technology and the Finnish Minister of Foreign Trade and Development  in Riyadh. SPA
The memorandum was signed by the Saudi Minister of Communications and Information Technology and the Finnish Minister of Foreign Trade and Development in Riyadh. SPA

Saudi Arabia and Finland have signed a memorandum in ICT, with the aim of strengthening strategic partnership to support the digital economy growth and the exchange of expertise.

The memorandum was signed by the Saudi Minister of Communications and Information Technology, Eng. Abdullah Alswaha, and Finnish Minister of Foreign Trade and Development Ville Tavio in Riyadh.

Under the agreement, the two countries will cooperate in the development of emerging technologies, IoT, cloud, new wireless network technologies, digital capacity development, and government digital transformation.

The signed agreement will develop joint programs, covering capacity building, joint research projects related to technology foresight, and coordination of private sectors in Saudi Arabia and Finland.



Musk Loses Blockbuster OpenAI Suit as Jury Says Too Late

Tesla CEO Elon Musk attends a state banquet with US President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. (Reuters)
Tesla CEO Elon Musk attends a state banquet with US President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. (Reuters)
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Musk Loses Blockbuster OpenAI Suit as Jury Says Too Late

Tesla CEO Elon Musk attends a state banquet with US President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. (Reuters)
Tesla CEO Elon Musk attends a state banquet with US President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. (Reuters)

A federal jury ruled Monday that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom battles.

The swift decision caps a three-week trial that saw a parade of tech titans take the stand, with Musk arguing that OpenAI's pivot to a profit-driven business betrayed its original nonprofit mandate.

The jury in Oakland federal court found that Musk's claims against OpenAI CEO Sam Altman, President Greg Brockman, The OpenAI Foundation and Microsoft were barred by statutes of limitations, leaving the core arguments of the world's richest person largely unaddressed.

Judge Yvonne Gonzalez Rogers, who had asked the jury to advise her on the matter, accepted and confirmed their decision.

- 'Sabotage' -

The outcome spared OpenAI from a potentially existential legal threat.

Had Musk prevailed, he potentially could have forced the company to revert to its nonprofit structure -- a move that would have derailed its planned IPO and unwound ties to major investors including Microsoft, Amazon and SoftBank.

"The finding of the jury confirms that this lawsuit was a hypocritical attempt to sabotage a competitor," OpenAI attorney William Savitt said outside the courthouse.

"Musk can bring his claims, and he can tell his stories, but what the nine members of this jury found is that his stories were just that -- stories, not facts," he added.

Musk, the chief executive of both SpaceX and Tesla, had sued OpenAI over its transformation from a scrappy nonprofit into the $850 billion juggernaut behind ChatGPT.

He claimed Altman and Brockman improperly used a $38 million donation intended to sustain OpenAI as a research lab devoted to developing artificial intelligence for the benefit of humanity.

But in their deliberations, the jury first had to resolve a threshold issue of whether Musk, who filed suit in 2024 -- four years after his last contribution -- had done so within the statutory time limit.

Designated courtroom deputy Edwin Cuenco reads the verdict before US District Judge Yvonne Gonzalez Rogers at Elon Musk's lawsuit trial over OpenAI's for-profit conversion at a federal courthouse in Oakland, California, US, May 18, 2026 in a courtroom sketch. (Reuters)

Musk on X said he would appeal, as the "jury never actually ruled on the merits of the case" and that to "loot charities is incredibly destructive to charitable giving in America."

The tycoon also lashed out at Judge Gonzalez Rogers for setting a "terrible precedent," writing in a since-deleted post accusations that she was an "activist judge" who used the jury as a "fig leaf" for a flawed ruling she could have made herself.

- 'Soap opera' -

The outcome had largely been expected to come down to which of the bickering billionaires the jury would believe.

Testimony centered heavily on Altman's integrity and behind-the-scenes maneuvering that rankled colleagues, many of whom have since left OpenAI.

Attorneys for OpenAI countered with attacks on Musk, pointing to his varying narratives about the early days of the company and parsing testimony from Shivon Zilis -- a business associate with whom he has four children -- who served as an intermediary between the executives.

Altman, fired by OpenAI's board in November 2023 for a lack of candor before being reinstated under employee pressure, emerged with allegations of manipulation and a toxic work culture unresolved.

Microsoft, OpenAI's largest backer with $13 billion committed, was also spared.

"This is an important victory for Altman and OpenAI and clears the path for an IPO by removing this black cloud," Dan Ives of Wedbush Securities told AFP.

"Musk was creating noise around this lawsuit but ultimately it was more of a soap opera than a long-term negative for OpenAI," he added.


China Market for Nvidia AI Chips to Open ‘Over Time’, Says Huang

 CEO of Nvidia Jensen Huang speaking on stage at a Dell Technologies World event happening in Las Vegas on Monday, May 18, 2026. (AP)
CEO of Nvidia Jensen Huang speaking on stage at a Dell Technologies World event happening in Las Vegas on Monday, May 18, 2026. (AP)
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China Market for Nvidia AI Chips to Open ‘Over Time’, Says Huang

 CEO of Nvidia Jensen Huang speaking on stage at a Dell Technologies World event happening in Las Vegas on Monday, May 18, 2026. (AP)
CEO of Nvidia Jensen Huang speaking on stage at a Dell Technologies World event happening in Las Vegas on Monday, May 18, 2026. (AP)

Nvidia boss Jensen Huang expects China to eventually open its market to high-end US chips that can train and run artificial intelligence systems.

But he did not discuss sales of the powerful H200 model with top officials in Beijing, the businessman told Bloomberg Television in an interview broadcast Monday.

Huang travelled to the country last week with US President Donald Trump, who met Chinese President Xi Jinping.

The superpowers are in a fierce race for AI supremacy, and the H200 chip had until recently been barred from sale in China by Washington over national security concerns.

However, there is no sign that Chinese tech companies are buying them, as Beijing ramps up domestic chip development in a bid to challenge US dominance in the key sector.

"H200s are licensed to sell to China. But the Chinese government has to decide how much of their local market do they want to protect," Huang said.

"My sense is that over time the market will open," added Huang, CEO of Nvidia -- the world's most valuable company, due to huge demand for its AI hardware.

Trump said in December he had reached an agreement with Xi to ease the restrictions on H200 chips, a move some US lawmakers have warned could help the Chinese military.

Nvidia's most top-of-the-range offerings, the Blackwell and forthcoming Rubin series, remain banned for sale in China.

Xi told a delegation of US business executives on Thursday that China would "open wider" to the world.

"American companies will enjoy even brighter prospects in China," Xi said, Chinese state media reported.

Bloomberg Television asked Huang whether he spoke to Xi and Prime Minister Li Qiang about his chips.

"I didn't discuss directly with them about H200" although "President Trump had some conversations with the leaders", he replied.


Four Takeaways from Musk vs OpenAI Trial

 OpenAI CEO Sam Altman arrives at the federal courthouse, as the trial in Elon Musk's lawsuit over OpenAI's for-profit conversion continues, in Oakland, California, US, May 14, 2026. (Reuters)
OpenAI CEO Sam Altman arrives at the federal courthouse, as the trial in Elon Musk's lawsuit over OpenAI's for-profit conversion continues, in Oakland, California, US, May 14, 2026. (Reuters)
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Four Takeaways from Musk vs OpenAI Trial

 OpenAI CEO Sam Altman arrives at the federal courthouse, as the trial in Elon Musk's lawsuit over OpenAI's for-profit conversion continues, in Oakland, California, US, May 14, 2026. (Reuters)
OpenAI CEO Sam Altman arrives at the federal courthouse, as the trial in Elon Musk's lawsuit over OpenAI's for-profit conversion continues, in Oakland, California, US, May 14, 2026. (Reuters)

After three weeks of intense hearings, Silicon Valley's first major AI trial -- over the lawsuit filed by Elon Musk against the co-founders of OpenAI -- is nearing an end. It is expected to go to the jury on Monday.

Here are four scenes that defined the trial:

Musk blames his own naivety

At the opening of the trial on April 28, Musk portrayed himself as a selfless benefactor and Good Samaritan concerned with protecting humanity from an AI that, if left in the wrong hands, could "kill us all."

"I came up with the idea, the name, recruited the key people, taught them everything I know, provided all of the initial funding," the SpaceX CEO said regarding OpenAI's founding in 2015.

"I gave $38 million essentially for nothing, which they used to build a company worth $800 billion. I was literally an idiot," he said, blaming his own naivety.

Musk was visibly annoyed during the trial as he called out OpenAI's lawyer for asking questions "designed to trap me."

"Mr. Musk, you are a brilliant man," said OpenAI's lawyer William Savitt, as he doubled down on his attacks, disguised with a show of courtesy.

Altman strikes back

Swapping his usual T-shirt, jeans and sneakers for a dark suit and tie, OpenAI CEO and co-founder Sam Altman sat stone-faced in the front row of the Oakland courtroom for most of the proceedings.

But on May 12, it was finally his turn. Musk's lawyer, Steven Molo, was waiting for him, asking if he had always told the truth.

Altman responded: "I'm sure there have been times in my life when I didn't."

But then, with a blank expression and wide eyes, he struck back, saying Musk in 2017 had demanded "90 percent of the equity" and "refused to commit in writing" to sharing power.

Altman said he had no choice as "we did not think that artificial general intelligence should be under the control of a single person."

Brockman's notebook

Every day in the courtroom, Greg Brockman, the president and co-founder of OpenAI, took extensive notes on yellow notepads.

During his questioning on May 4, old journals he kept from years ago took center stage, with Musk's lawyer highlighting some of the most embarrassing excerpts.

Brockman wanted to make money, writing, "financially, what will take me to $1B?" He also wanted "to convert to a b-corp without him (Musk)," a reference to a private company with social and environmental standards.

The journal recorded his concerns about a plan to "steal the non-profit from him (Musk)" as "pretty morally bankrupt."

"There's nothing in there I'm ashamed of," Brockman hit back, claiming that the journal did not include details of an outburst from Musk in 2017.

"I really thought he was going to hit me," Brockman said of the incident. Musk did not touch him, but took a painting of a Tesla, a gift from one of the co-founders, down from the wall and left the room, he said.

Brockman's shares in the company are now worth $30 billion.

The secret go-between

Shivon Zilis -- the mother of four of Musk's children -- is a woman in the shadows, rarely appearing in public.

So her May 6 appearance in the courtroom attracted intense curiosity.

Zilis, who was appointed to the OpenAI board from 2020 to 2023, was asked about her awkward role as both Musk's colleague at Neuralink and Altman's friend.

At the time, her mysterious relationship with Musk was secret. Their children were conceived through in vitro fertilization.

OpenAI accuses her of working as a mole for Musk.

Zilis responded to questions briefly and, at times, sarcastically.

"Relationship is a relative term," she said when asked about her relationship with Musk, before conceding, "there have been romantic moments."

But ultimately, her testimony may matter less than the content of her messages to Musk and Altman.

Those could lead the jury to conclude that Musk, having been sufficiently informed by Zilis, knew of OpenAI's direction long before 2023. If so, his lawsuit could be thrown out before the jury even starts deliberating the merits of the case.