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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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The Information
Trump said Friday he will fire Bureau of Labor Statistics Commissioner Erika McEntarfer following a disappointing jobs report. Read more ›
2,230 fresh
Battlefield 6 fans won't have to worry about a deluge of out-of-place cosmetics and crossover skins, according to head of Respawn and Battlefield Studios Vince Zampelli and general manager Byron Beede. Read more Read more ›
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The case stems from a lawsuit brought against Tesla, which argued that the electric car maker's vehicles were "defective and unsafe." Read more ›
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Delta Air Lines is explaining more about its AI-assisted dynamic pricing model after coming under scrutiny for recent comments about the pricing. In November, Delta president Glen Hauenstein said at an investor day that “we will have a price that’s available on that flight, on that time, to you, the individual.” However, responding to questions […] Read more ›
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This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: The Trump administration got some ugly jobs numbers today — so the president fired the official in charge of those numbers, posing the […] Read more ›
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Justice Brett Kavanaugh defended the Supreme Court’s recent practice of handing victories to President Donald Trump without explaining those decisions, while speaking at a judicial conference on Thursday. For most of its history, the Supreme Court was very cautious about weighing in on any legal dispute before it arrived on its doorstep through the (often […] Read more ›
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The US president hit back at Medvedev's "highly provocative statements" referencing nuclear capabilities. "Words are very important," Trump said. Read more ›
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Yeah, it’s happening as expected – Verizon is ending the loyalty discounts that so many of us have enjoyed for the past couple of years. Whether you were saving $10 or $15 or some other amount per line per month, Verizon has bills to pay and they have decided that it is time for you … Continued Read the original post: Verizon Rips Loyalty Discounts From Loyal Customers Read more ›
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At a time when Donald Trump is openly warring with the Federal Reserve, he will soon get to pick a new central bank governor. Read more ›
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Musk seems to still want to be in Trump's good graces, even after accusing the President of being in the Epstein files. Read more ›
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Apple CEO Tim Cook boasted about the potential of AI and the company’s approach to developing it in a rare all-hands today that was reported on by Bloomberg. Apple has been slow to roll out some of its AI features and has stumbled with a planned AI-powered upgrade to Siri, which it delayed earlier this […] Read more ›
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Far more Android devices were sold in the same period as Apple sold 1 billion iPhones. Read more ›
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The Phone app doesn't often get a lot of attention with iOS updates, but that's changing in iOS 26. There are multiple new features to prevent unwanted calls and to save you time. Unified Design The Phone app has a new unified design, but there is an option to use the original iOS 18 layout as well. The unified design puts recent calls, missed calls, and voicemails on a single... Read more ›
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It has been another busy week. GPT-5 appears to be just around the corner… This week, I decode the meaning behind Mark Zuckerberg's "personal superintelligence" manifesto, and what it means for the broader AI race. Keep reading for my chat with a Figma exec on the company's IPO day, a bunch of good links, and […] Read more ›
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Mark Ruffalo and Michael Mando will reprise their previous Marvel roles in the 2026 film. Read more ›
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A Miami jury has ordered the automaker to pay up to $243 million after finding that the Tesla vehicle had a “defect.” It's the first time Tesla has been found liable in an Autopilot-related crash. Read more ›
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Apple CEO Tim Cook spoke to employees at an all-hands meeting today, providing some insight into Apple's work on AI. According to Bloomberg, Cook said that AI is going to be bigger than smartphones and the internet, and that it's a priority for the company. "Apple must do this. Apple will do this. This is sort of ours to grab. We will make the investment to do it," Cook told... Read more ›
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Former FTC chair Lina Khan celebrated Figma's blockbuster IPO in an X post. Read more ›
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The Information
OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualized revenue, according to a person who spoke to OpenAI executives. That figure implies the ChatGPT maker is generating $1 billion a month, compared to about $500 million a month at the start of the year. The growth comes as the company logs roughly 700 million weekly active users for its ChatGPT products... Read more ›
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Groq, a richly funded chip startup trying to take on Nvidia, told investors early this year it was on track to have more than $2 billion in revenue for 2025. Within the past month, the number it gave to investors has fallen to more than $500 million, according to documents viewed by The Information. Groq’s $2 billion projection came around the time it inked a $1.5 billion deal with Saudi... Read more ›
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This year’s torrid deal-making pace is definitely not taking a pause for summer. On Wednesday, I reported that OpenAI is months ahead of schedule in raising money for its $40 billion megaround. Investors are pouring in money at a moment when OpenAI is generating $12 billion in annualized revenue and hitting 700 million weekly active users for its ChatGPT products, including both consumers and business customers. Investors are also keen... Read more ›
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Fireworks AI, a three-year-old startup that rents out Nvidia chip servers to developers that use artificial intelligence models, is in talks to raise funding at a $4 billion valuation in a round led by new investor Lightspeed Venture Partners and Index Ventures, The Information reported. A ... Read more ›
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When Google’s billionaire co-founder, Sergey Brin, needs something done at the company’s artificial intelligence unit—AI chips allocated to a team, a researcher hired, an employee moved to a new department—there’s one person he messages: Koray Kavukcuoglu. Kavukcuoglu isn’t Google’s flashiest AI leader, though he’s the chief technology officer of its AI unit, Google DeepMind, and the chief AI architect for the entire company. He lacks the celebrity of Brin and... Read more ›
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Before we get to today's column, my colleague Valida and I reported Tuesday that Canadian AI model maker Cohere is in talks to raise up to $500 million in a new funding round at a $6.3 billion valuation. Existing investors Inovia Capital and Radical Ventures are in talks to invest in the round. This company recently generated revenue at an annual pace of $100 million. At a $6.3 billion valuation,... Read more ›
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Silicon Valley royalty are set to be the big winners from Figma’s initial public offering this week. Former Meta and Google executive Sheryl Sandberg, former LinkedIn CEO Jeff Weiner, and venture capital firms Greylock Partners and Kleiner Perkins are all turning modest investments into windfalls ranging from tens of millions to more than $1 billion. Sandberg and Weiner were among the participants in Figma’s seed round, via a roughly $1.5... Read more ›
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Amazon is taking steps to keep other companies’ artificial intelligence shopping tools from swarming its e-commerce site. In recent weeks, Amazon updated the code underpinning its website to add language warding off new AI agents from Google. These changes follow restrictions Amazon added earlier this year calling out bots from Perplexity, Anthropic’s Claude and OpenAI’s ChatGPT. Read more ›
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Nearly everywhere I look, I’m seeing signs of how artificial intelligence is shaking up the way we engage online, from shopping to social media. OpenAI is reportedly working on a new checkout feature, betting that more consumers will turn to chatbots like its ChatGPT to find and purchase products. At the same time, I’m seeing an influx of realistic AI videos on my social media feeds, while a new generation... Read more ›
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For big tech, business is booming. That’s good, because their costs are also skyrocketing. Microsoft and Meta Platforms both reported better than projected June-quarter earnings on Wednesday, sending stocks of the two leaping 9% and 11.7%, respectively, in after-hours trading. But there may well be a reckoning, as both companies projected sizable increases in spending on artificial intelligence in the next year.Right now, though, investors and company executives are celebrating.... Read more ›
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Most popular sources
Business Insider
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30% 4 |
Eurogamer.net
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12% 9 |
Android Authority
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11% 6 |
Gizmodo
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9% 2 |
MacRumors
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5% 1 |
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01.08.2025 22:21
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