Central Asian state firms eye Hong Kong listings
Several state-owned infrastructure companies in Central Asia are preparing for potential listings in Hong Kong, as the financial hub steps up effor...
A jury trial in the lawsuit filed by billionaire Elon Musk against OpenAI will begin in spring 2026, as determined by U.S. District Judge Yvonne Gonzalez Rogers on Friday.
The trial will address the ongoing legal battle between Musk and OpenAI over the company’s shift to a for-profit model, a development that has fueled tensions between Musk and OpenAI CEO Sam Altman.
Last month, Musk and OpenAI agreed to fast-track the trial over the transition, which Musk contends deviates from OpenAI's original mission to create artificial intelligence for the benefit of humanity rather than for corporate gain. Musk, who cofounded OpenAI in 2015, left the company before it gained significant traction and later founded his own AI company, xAI, in 2023. xAI recently acquired Musk's social media platform, X, in a deal that valued X at $33 billion, integrating its value with Musk’s AI firm.
Musk’s lawsuit, filed last year, alleges that OpenAI’s for-profit shift undermines its founding principles. However, OpenAI and Altman have denied these accusations, with Altman suggesting that Musk’s actions are intended to slow down a competitor.
At the center of the dispute is OpenAI's transition to a for-profit structure, which the company argues is necessary to attract funding and remain competitive in the rapidly evolving and costly AI industry. OpenAI is under pressure to expedite this transition, as it is currently in the process of raising additional capital.
Earlier this year, Altman rejected a $97.4 billion unsolicited takeover offer from a Musk-led consortium, further intensifying the ongoing rivalry. The trial next year is expected to be a significant milestone in this high-profile legal and business confrontation.
At least five people were killed and five others injured when an Amazon Prime Air cargo plane overran a runway and crashed while landing at Miami International Airport on Sunday, 6 September, local officials said.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Operations at several energy facilities in Saudi Arabia were suspended on Tuesday after attacks by Iran-aligned Houthi forces injured more than 70 people and sparked fires, Saudi authorities said.
The United States and China are preparing to hold their first official bilateral talks focused exclusively on artificial intelligence as concerns grow over the risks posed by increasingly capable AI systems.
AI may live in the cloud, but the infrastructure powering it is anything but virtual. As data centres consume ever more electricity and water, the race is on to find new ways to keep the machines running.
Hua Hong Semiconductor, China's second-largest contract chipmaker, is investing $2 billion to build a new fabrication plant in Wuxi, China as part of a push to expand capacity as domestic demand for AI-related chips outstrips what the industry can currently produce.
A humanoid robot developed by Chinese smartphone maker Honor has run 100 metres in 9.32 seconds, beating Usain Bolt's men's world record of 9.58 seconds, China's state broadcaster reported on Saturday.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
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