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Negotiations between Microsoft and OpenAI over the startup’s plan to restructure its for-profit unit, which requires Microsoft’s approval, have entered their eighth month with no end in sight and new conflicts emerging.
OpenAI wants Microsoft, the startup’s biggest outside shareholder, to have a roughly 33% stake in the reshaped unit in exchange for foregoing its rights to future profits, according to a person who spoke to OpenAI executives.
OpenAI also wants to modify existing clauses in its contract wit
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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The New York Knicks won its first championship in 53 years on Saturday. This non-fanatic ruminates on the takeaways for all of us. Read more ›
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University of Leicester historian thinks Eilmer of Malmesbury saw two different comets: in 1018 and 1066 Read more ›
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Sriram Krishnan, a top AI policy advisor in the Trump administration, is leaving the White House, The Information reported on Saturday. Krishnan later confirmed his decision in a post on X. Krishnan is planning to start a policy institute that will support the administration’s AI plans, ... Read more ›
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Revolut, a London-based financial app, is aiming to sell at least $750 million worth of shares in a secondary sale set to kick off next week, with the total potentially pushing far higher amid early signs of strong investor demand, according to a person with knowledge of the discussions. There is already enough investment interest to increase the size of the offering to $2 billion, the person said, though the... Read more ›
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This promises to be an action-packed week. On Monday, Apple kicks off its annual Worldwide Developers Conference, or WWDC for short, where the tech giant is expected to unveil a new operating system for its mobile devices, complete with more advanced AI features. And then later in the week, SpaceX is scheduled to go public.Rather than add to the acres of text and video already expended on the Elon Musk... Read more ›
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Nvidia and SK Hynix have signed a multiyear deal to work together on advanced memory chips, as AI demand strains global memory supply. The agreement covers chip design and manufacturing, and includes memory for Nvidia’s Vera Rubin platform, its next major AI system. The deal, announced during ... Read more ›
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TSMC’s capacity struggles are turning into a boon for Intel. As the Taiwanese chip making giant struggles to meet overwhelming demand for its chip manufacturing capacity, several major AI chip design companies, including Google and Nvidia, are quietly turning to Intel as a backup manufacturer for their most advanced processors, according to four people with direct knowledge of the discussions. Read more ›
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Italian conglomerate Bending Spoons, which has acquired a string of aging U.S. internet businesses including AOL, Eventbrite, Evernote and Vimeo, filed to go public in the U.S. to give it the funds to pursue more acquisitions. The company’s IPO paperwork shows Bending Spoons’ revenue ... Read more ›
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Last week, Anthropic boasted that Claude is now writing 80% of Anthropic’s code, which the company presented as a harbinger of a critical leap in artificial intelligence called recursive self-improvement. That’s when models are so capable that they can create the next generation of AI without human involvement. Excitement about recursive self-improvement seems to be in the air in Silicon Valley. Last month OpenAI sponsored a conference on the topic... Read more ›
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Goldman Sachs and JPMorgan are exploring ways to trade on the cost of computing power, according to people familiar with the matter. That includes trading futures contracts tied to rental prices for graphics processing units, among the scarcest resources of the AI boom, which exchanges plan to list later this year. The discussions show how the hundreds of billions of dollars pouring into data centers and chips are reshaping financial... Read more ›
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On a dusty stretch of prairie in Abilene, Texas, anxious hardware engineers from Crusoe, a data center developer for OpenAI and Oracle, have been working overtime to get natural gas turbines to work harmoniously with one of the most expensive AI supercomputers in history.It has proven harder and more costly than expected, according to two people with direct knowledge of the issue as well as engineers and power grid experts... Read more ›
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Apple launched a much anticipated new version of its Siri voice assistant at the start of its annual developer conference on Monday, which users will be able to access through a new Siri app. The refreshed voice assistant, now called Siri AI, which uses Google’s Gemini models, will allow users ... Read more ›
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14.06.2026 13:01
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