live Trump says Iran wants to meet with U.S., U.S. military launches fresh strikes
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be...
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 United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
The death toll from the fire at a live music pub in Bangkok has climbed to 32 after two more victims died from their injuries, according to Thailand's Police Hospital.
Ukraine and Russia exchanged fresh attacks on Tuesday, with Kyiv targeting shipping and energy infrastructure inside Russia while Moscow launched another large-scale missile and drone assault on Ukrainian cities.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
A senior U.S. commerce official told lawmakers on Tuesday that only a small number of Nvidia's H200 artificial intelligence chips have been shipped to China so far, as scrutiny grows over Washington's export controls on advanced technology.
Oil prices rose nearly 3% on Tuesday to their highest level in four weeks as the United States and Iran stepped up attacks around the Strait of Hormuz, adding fresh uncertainty to global energy supplies.
China has approved fast-fashion retailer Shein's long-awaited initial public offering (IPO) in Hong Kong, clearing the way for the company to pursue a stock market listing after previous attempts in the U.S. and London failed.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
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