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OpenAI floats giving Trump administration 5 percent cut of AI boom
OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share…
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OpenAI reportedly wants all AI companies to give the US government a stake in their businesses
According to the Financial Times, Sam Altman is floating the idea of having leading AI companies give US sovereign funds a five percent equity.
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UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage rates – business live
Rolling coverage of the latest economic and financial newsA sell-off in chip stocks has hit Asia-Pacific markets today, as investors lose some enthusiasm for the AI trade.South Korea’s SK Hynix tumbled by 14.5%, and Samsung lost 9.6%, dragging the KOSPI share index down by around 8% today – and wiping out some of its huge…
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OpenAI ‘in early talks to give 5% stake to US government’
CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report saysBusiness live – latest updatesOpenAI is reportedly in early stage talks to give a 5% stake in the ChatGPT developer to the US government as artificial intelligence companies attempt to smooth relations with Donald Trump’s administration.The…
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Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office
Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he’s taking on Microsoft Office, Google Apps with AI.
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Did this AI anti-drug video make drugs look appealing?
Hong Kong’s Correctional Services Department removed an AI-generated K-pop video, after facing backlash that it made substances look too appealing.
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AI summaries of Tripadvisor hotel reviews downplay serious complaints, investigation finds
AI-generated overview found to gloss over allegations of sexual harassment and describes hotel being sued over hygiene as ‘spotless’A hotel being sued for mass food poisonings was described as “spotless” and a resort where guests complained of sexual harassment by staff was praised for “friendly” service by an AI intended to summarise millions of Tripadvisor…
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Krafton Settles Subnautica 2 Dispute, Agrees to Pay Developer Bonuses After Extended Legal Battle
Krafton and Unknown Worlds Entertainment have reached a settlement ending a protracted legal dispute that began when the Korean publisher terminated the studio’s CEO Ted Gill and cofounders Charlie Cleveland and Max McGu
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Elon Musk Denies Report of SpaceX AI Device Prototype Shown to Investors
According to the Wall Street Journal, SpaceX presented investors with a prototype of an AI-powered handheld device prior to the company’s June initial public offering. The alleged device was described as resembling a sma