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Microsoft deepens role as OpenAI restructures under new Foundation-PBC model
OpenAI on Tuesday announced the completion of its long-running recapitalisation, transforming its complex "capped-profit" model into a new hybrid structure.


Sora nears Meta AI in downloads despite iOS-only release
OpenAI's Sora app is fast catching up to Meta's AI app in downloads, despite being available only on Apple's iOS platform and requiring an invite to use.Â


Xiaomi warns of handset cost pressure as AI chip boom drives up memory prices
Chinese smartphone maker Xiaomi Corp has said that surging memory chip prices have raised handset production costs, after market disappointment over the pricing of its newly launched Redmi K90 series.


OpenAI launches ChatGPT Atlas, seeks to upend Chrome's supremacy
OpenAI on Tuesday launched ChatGPT Atlas, an artificial intelligence-powered web browser that embeds its popular chatbot into everyday browsing


Outage at Amazon Web Services brings down Snapchat, Canva, several more sites
An outage at Amazon Web Server in the US scuppered tens of businesses relying on it, with several major websites such as Snapchat, Canva, and IMDb unable to load.
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