
Top stories today:
- Elonโs $97.4B unsolicited bid for OpenAI rejected by Sam Altman
- New iPhone SE likely to debut today
- OpenAI said to finalize first custom chip design in next few months
- Anthropic reveals how people use Claude
- Trump sets 25% tariffs on steel, aluminum
0. Data and calendar

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All times are ET.
Listen to our AI-generated podcast summarizing todayโs newsletter (beware of hallucinations):
1. Elonโs $97.4B unsolicited bid for control of OpenAI rejected by Sam Altman
Baron Capital Group, Valor, Atreides, Vy Capital, Joe Lonsdaleโs 8VC, and Endeavor CEO Ari Emanuel-led investment vehicle are part of the consortium.
โItโs time for OpenAI to return to the open-source, safety-focused force,โ Muskโs lawyer Marc Toberoff said.
โOpenAI is not for sale. The OpenAI mission is not for sale,โ said Altman.
Muskโs group has vowed to match higher bids, suggesting OpenAI may consider other offers.
OpenAIโs nonprofit board will need to explain why theyโd accept a <$97.4B offer.
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3. New iPhone SE likely to debut today

iPhone 14-like design rumored.
$500 price expected.
Face ID and an A18 chip with Apple Intelligence support speculated.
PowerBeats Pro 2 earbuds may come alongside the new iPhone.
4. OpenAI said to finalize first custom chip design in next few months









