OpenAI and Microsoft are in high-stakes negotiations to update their multibillion-dollar partnership, crucial for OpenAI’s IPO plans while ensuring Microsoft’s access to its advanced AI models. Key issues include how much equity Microsoft will receive in OpenAI’s restructuring, following its over $13 billion investment, and revising an existing contract that runs to 2030 concerning access to intellectual property and revenue sharing. Despite tensions arising from OpenAI’s competitive ambitions and its shift towards a public benefit corporation, both companies remain committed to finalizing a deal that could shape the future of AI technology.
Full Article
Where hosepipe ban for millions comes into place today
Southern Water has implemented a hosepipe ban affecting Hampshire and the Isle of Wight, effective from 9 am today, due to critically low water levels amid prolonged dry weather. Residents face fines for violating the ban, which aims to conserve water during a time when the UK's reservoirs are significantly depleted, with ongoing drought conditions impacting agriculture and water supply infrastructure. Explain It To Me Like I'm 5: Southern Water has imposed a hosepipe ban...
Read more