Elon Musk has placed a $97.4 billion bid to acquire OpenAI, the AI organisation he co-founded in 2015.

This offer comes after tensions with OpenAI’s leadership, particularly over the company’s shift from a non-profit to a for-profit model.

His bid raises important questions about the future direction of OpenAI, the ethical considerations of AI development, and Musk’s broader influence on the industry.

On The Big Story, Hongbin Jeong speaks to Sumit Agarwal, Low Tuck Kwong Distinguished Professor of Finance at the Business School and a Professor of Economics and Real Estate at the National University of Singapore, to find out more.

Elon Musk has placed a $97.4 billion bid to acquire OpenAI, the AI organisation he co-founded in 2015.
This offer comes after tensions with OpenAI&rsquo;s leadership, particularly over the company&rsquo;s shift from a non-profit to a for-profit model.
His bid raises important questions about the future direction of OpenAI, the ethical considerations of AI development, and Musk&rsquo;s broader influence on the industry.
On The Big Story, Hongbin Jeong speaks to Sumit Agarwal, Low Tuck Kwong Distinguished Professor of Finance at the Business School and a Professor of Economics and Real Estate at the National University of Singapore, to find out more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

The Big Story: Elon Musk $97.4 billion bid for OpenAI - Not worth it for Altman?

The conflict involving the United States, Israel and Iran has entered a volatile new phase, raising fresh geopolitical and legal questions about the future of the region.

Following reports of strikes that resulted in the death of Iran’s Supreme Leader, Ali Khamenei, attention has turned to who could succeed him and what that transition might mean for regional stability.

US President Donald Trump has stated that he wants to play a role in discussions surrounding Iran’s next leader, a remark that has sparked debate over whether Washington is attempting to influence the country’s political direction.

How realistic is it that the US could shape Iran’s leadership succession? And how might Tehran respond as it weighs its options and defends its sovereignty?

On The Big Story, Hongbin Jeong speaks with Dr Jessica Genauer, Associate Professor in International Relations at Flinders University, to find out more.

The conflict involving the United States, Israel and Iran has entered a volatile new phase, raising fresh geopolitical and legal questions about the future of the region.
Following reports of strikes that resulted in the death of Iran&rsquo;s Supreme Leader, Ali Khamenei, attention has turned to who could succeed him and what that transition might mean for regional stability.
US President Donald Trump has stated that he wants to play a role in discussions surrounding Iran&rsquo;s next leader, a remark that has sparked debate over whether Washington is attempting to influence the country&rsquo;s political direction.
How realistic is it that the US could shape Iran&rsquo;s leadership succession? And how might Tehran respond as it weighs its options and defends its sovereignty?
On The Big Story, Hongbin Jeong speaks with Dr Jessica Genauer, Associate Professor in International Relations at Flinders University, to find out more.

The Big Story: Does Donald Trump really have the power to pick Iran’s next leader?

Gold prices have surged past $5,100 an ounce, up about 20% this year.

However, amid continued tensions in the Middle East, spot gold's price slipped about 1.6% earlier this week to around $5,060 per troy ounce. 

What’s driving this plunge and how much of this  is pure geopolitical panic given the ongoing Iran-US-Israel conflict?

On Wealth Tracker, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) and Global Head of Central Banks at the World Gold Council, to find out more. 

Gold prices have surged past $5,100 an ounce, up about 20% this year.
However, amid continued tensions in the Middle East, spot gold's price slipped about 1.6% earlier this week to around $5,060 per troy ounce.&nbsp;
What&rsquo;s driving this plunge and how much of this&nbsp; is pure geopolitical panic given the ongoing Iran-US-Israel conflict?
On Wealth Tracker, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) and Global Head of Central Banks at the World Gold Council, to find out more.&nbsp;

Wealth Tracker: Is gold still a safe-haven amidst the Middle East conflict?

A man in Shanghai has gone viral after reportedly earning around 160,000 yuan during the Chinese New Year period just by feeding cats. Instead of travelling for the holidays, he stayed behind and helped care for pets while their owners were away, visiting hundreds of homes to feed cats and check on them.

Meanwhile, Spotify has teamed up with beverage brand Liquid Death to create the “Eternal Playlist Urn.” It’s a cremation urn with a Bluetooth speaker in the lid, allowing your favourite songs to keep playing even after you’re gone. Only 150 units were made, and they sold out quickly.

On What’s Trending, Hongbin Jeong and Alexandra Parada break down these two unusual stories.

A man in Shanghai has gone viral after reportedly earning around 160,000 yuan during the Chinese New Year period just by feeding cats. Instead of travelling for the holidays, he stayed behind and helped care for pets while their owners were away, visiting hundreds of homes to feed cats and check on them.
Meanwhile, Spotify has teamed up with beverage brand Liquid Death to create the &ldquo;Eternal Playlist Urn.&rdquo; It&rsquo;s a cremation urn with a Bluetooth speaker in the lid, allowing your favourite songs to keep playing even after you&rsquo;re gone. Only 150 units were made, and they sold out quickly.
On What&rsquo;s Trending, Hongbin Jeong and Alexandra Parada break down these two unusual stories.

The Big Story: Elon Musk $97.4 billion bid for OpenAI - Not worth it for Altman?

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