| OpenAI: |
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation — A stronger non-profit supported by the for-profit's success. — OpenAI's Board of Directors is evaluating our corporate structure … | Cade Metz / New York Times: |
OpenAI says its non-profit arm would receive shares in the new public benefit corporation at a valuation determined by independent financial advisors — OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would receive shares in the new company.| Hayden Field / CNBC: |
OpenAI says the PBC will oversee commercial operations, and the nonprofit will hire staff to pursue charitable activities in health care, education, and science — OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation … | Stephanie Palazzolo / The Information: |
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits — Finally, a verifiable, numbers-based description of artificial general intelligence has arrived!| The Information: |
| Zachary Small / New York Times: |
Video game executives say making cinematic games is getting so expensive and time-consuming that investing in graphics is providing diminished financial returns — The gaming industry spent billions pursuing the idea that customers wanted realistic graphics. Did executives misread the market?| Bloomberg: |
Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea — “Most criteria envisaged by the law are in favor of the extradition demands from the institutions of the United States of America … | Financial Times: |
Meta expects AI-generated characters to “generate and share content” and “over time, exist on our platforms”, similarly to regular accounts — US tech group is rolling out a range of artificial intelligence tools to drive engagement| Shubham Sharma / VentureBeat: |
DeepSeek releases DeepSeek-V3, an open-source MoE model of 671B total parameters, with 37B activated per token, claiming it outperforms top models like GPT-4o — Chinese AI startup DeepSeek, known for challenging leading AI vendors with its innovative open-source technologies, today released a new ultra-large model: DeepSeek-V3.| Kyodo News+: |
TSMC says it has started mass production at its first factory in Japan, located in Kumamoto, producing 12nm to 28nm chips for use in cars and image sensors — Taiwan Semiconductor Manufacturing Co. said Friday it has started mass production at its first factory in Japan … | Noah Smith / Noahpinion: |
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry — The new MAGA coalition has officially had its first internal debate, and it's over H-1b visas.| Brendan Bordelon / Politico: |
| Shivaune Field / Forbes Australia: |
Sydney-based Sitemate, which offers no-code software tools for industries like infrastructure and utilities, raised a AU$27.5M Series A at a ~AU$150M valuation — Sydney-founded Sitemate is making an impact on solar renewable sites in New Zealand, nuclear projects in Switzerland, and electric vehicle production in Detroit.| Emma Roth / The Verge: |
OpenAI says ChatGPT is mostly recovered and APIs and Sora fully operational, after an outage led to the services “experiencing high error rates” for a few hours — ChatGPT stopped working for many users on Thursday afternoon, when the chatbot suddenly couldn't respond to queries … | Zack Abrams / The Block: |
Memecoin MIRA, created to fund research into a brain tumor affecting tech CEO Siqi Chen's daughter, hit an $80M market cap before falling as Chen began selling — - After his young daughter, Mira, was diagnosed with a type of rare brain tumor, tech CEO Siqi Chen turned to X with a heartfelt plea …
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| Ruth Reader / Politico: |
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| Manuel Baigorri / Bloomberg: |