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OpenAI announced Tuesday that it has completed a recapitalization and separated AI Labs into a for-profit corporation housed within a nonprofit foundation. This is the end result of a complex legal process that was fiercely resisted by estranged co-founder Elon Musk. Under the new structure, the nonprofit OpenAI Foundation will legally control a public benefit corporation called OpenAI Group, which will be free to raise funds and make acquisitions without being legally bound. The foundation will hold a significant stake in OpenAI Group and appoint its board of directors. “We believe that the world’s most powerful technologies must be developed…
Prime Minister Benjamin Netanyahu on Tuesday ordered Israeli forces to carry out an “immediate and forceful” offensive in the Gaza Strip. “At the end of the security talks, Prime Minister Netanyahu instructed military authorities to carry out an immediate and strong offensive in the Gaza Strip,” the prime minister’s office said in a short statement. Earlier today, Prime Minister Benjamin Netanyahu’s office announced that Hamas was in “clear violation” of the Gaza ceasefire agreement after it returned to Israel the unclaimed remains of 13 missing hostages in the enclave. Later, Hamas’s militant group al-Qassam Brigades announced it was postponing the…
When Mikaela Shiffrin started skiing again weeks after her horrific accident last year, the American star was even more wary of the potential dangers of the training course.Shiffrin suffered a stab wound to the abdomen and severe injuries to her abdominal muscles during the World Cup giant slalom race. But the two-time Olympic champion knew that training could be just as risky.Recommended stories list of 4 itemsend of listIf not more.“When I came back from my injury, I was aware of the trackside fences and the holes in the course and where the trees were,” Shiffrin said in a recent…
of 10 year treasury Yields hovered around the 4% level on Tuesday as investors eyed the Federal Reserve’s interest rate decisions.The yield on the benchmark 10-year Treasury note fell more than a basis point to 3.983%, while the yield on the two-year Treasury note rose less than a basis point to 3.498%. The yield on 30-year bonds also fell by 2 basis points to 4.549%.One basis point equals 0.01% (1/100 of 1%), and yield and price are inversely proportional to each other.Policymakers are widely expected to cut interest rates, with investors looking ahead to the start of a two-day Fed…
Taranjeet Singh (pictured above, right) has started six companies, some of which have failed and others with varying degrees of success. His seventh Mem0 could be his defining one. The startup starts with the premise that large-scale language models cannot remember past interactions like humans. If two people are chatting and the connection drops, you can resume the conversation. In contrast, an AI model forgets everything and starts from scratch. Mem0 fixes that. Singh calls this a “memory passport,” where the AI’s memory moves across apps and agents, much like email and logins do today. The YC-backed startup launched in…
microsoft Co-founder Bill Gates, who wrote a book in 2021 titled “How to Avoid Climate Disaster,” says leaders now need to change their approach to climate change.In a letter released Tuesday ahead of next week’s COP30 UN climate change summit, Gates argued that too many resources are focused on emissions and the environment, and that more money should be directed to “improving lives” and curbing disease and poverty.”Climate is very important, but it has to be considered in the context of overall human well-being,” Gates told CNBC’s Andrew Ross Sorkin in an exclusive interview. “I didn’t choose that position because…
The opening song of Taylor Swift’s “A Showgirl” references Ophelia, a character from William Shakespeare’s “Hamlet,” who meets a tragic fate. According to the song’s lyrics, Taylor “could have drowned in depression” if she hadn’t been saved by true love. “I heard you calling/With a megaphone,” Taylor sings. “Do you want to see me alone?” The lyrics seem to be a nod to the beginning of Travis Kelce’s romance on the New Heights podcast, where he criticized Taylor for not meeting him on his Ellas tour. “I swore allegiance to me, myself, and me,” the lyrics continue. “Just before you…
Cathie Wood, founder and CEO of ARK Invest, says that embodied AI in healthcare is “one of the most profound applications of AI” and will be at the heart of the productivity and innovation boom in the coming years. Wood told CNBC in an exclusive interview that ARK, which invests in opportunities in disruptive technology, is now focused on pure innovation efforts. These span robotics, energy storage, AI, blockchain technology, and multi-omic sequencing “particularly” in healthcare, which Wood says are “the most undervalued and underappreciated” of all investment themes. Multi-omic sequencing in medicine involves integrating genomics, transcriptomics, epigenomics, and other…
Mark Zuckerberg, CEO of Meta Platforms Inc., wears Meta Oakley Vanguard AI glasses during the MetaConnect event on Wednesday, September 17, 2025 in Menlo Park, California, USA.David Paul Morris | Bloomberg | Getty Imagesmeta The AI app has been making a huge splash in download numbers since launching its Vibes feed of AI-generated videos, giving investors a glimpse into the company’s artificial intelligence strategy ahead of Wednesday’s third-quarter results.Since the release of Vibes on September 25th, Meta AI app downloads have increased 56% month-over-month on both iOS and Android, totaling 3.9 million downloads as of October 18th, according to data…
India’s tour of Australia heads to T20s against Canberra on Wednesday, with both teams playing the first match of a five-match series in this format.The match, which will be played following the One Day International (ODI) between the two teams, will be a key battle as the countries prepare for the 2026 T20 World Cup to be held in India and Sri Lanka.Recommended stories list of 4 itemsend of listIndia, who just defeated Pakistan in the Asia Cup final in September, have won seven of their last eight T20 international matches and will be the favorites to defend their world…