Iran lays down pre-conditions for end to Israel-US war
Iran’s President Masoud Pezeshkian has set recognition of Tehran’s inalienable rights, payment of war ...
Microsoft is reportedly in advanced negotiations to revise its agreement with OpenAI, aiming to maintain access to the startup’s cutting-edge AI technology even if OpenAI achieves artificial general intelligence (AGI), according to Bloomberg News, which cited sources familiar with the matter.
Under the current contract, Microsoft could lose certain rights to OpenAI’s most advanced tools once AGI is declared. The two companies are now working on updated terms that would allow Microsoft continued use of OpenAI’s latest models and innovations regardless of that milestone.
Talks have been ongoing for months and are progressing, with a potential agreement expected within weeks. Both Microsoft and OpenAI declined to comment when contacted by Reuters.
The discussions also relate to OpenAI’s shift toward becoming a public-benefit corporation, a move that requires Microsoft’s approval. Negotiations have included a review of Microsoft’s future equity stake in the AI firm. Reports from The Information last month highlighted tensions between the two companies over the AGI clause.
Meanwhile, OpenAI is also facing legal action from co-founder Elon Musk, who accuses the company of abandoning its original nonprofit mission in favour of commercial interests.
The timing is notable, as Microsoft is set to announce its earnings for the June quarter on Wednesday. Its partnership with OpenAI remains a major focus, especially as OpenAI seeks additional cloud resources from rivals such as Google, Oracle, and CoreWeave.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
Explosive-laden Iranian boats reportedly attacked two fuel tankers in Iraqi waters on Wednesday, killing one crew member, after four other vessels were hit in the Gulf. The attacks, targeting ships linked to the U.S. and Europe, raise the total struck in the region.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
The Strait of Hormuz has become a focal point of global concern as tensions rise following the conflict involving Iran, the United States and Israel. Tehran has threatened to block the strategic waterway, raising fears of disruption to global oil shipments and energy markets.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
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