OpenAI considering restructuring to for-profit, CTO Mira Murati and two top research execs depart
OpenAI’s board is considering plans to restructure the firm to a for-profit business. CTO Mira Murati and two top research execs said they are leaving.
Etihad reveals $7 billion investment plan over five years, will retrofit old Boeing jets
Etihad’s Group Chief Executive Officer Antonoaldo Neves revealed passengers should expect “a totally different airline” within the next two to three years.
Meta unveils $299 Quest 3S VR headset, Orion AR glasses prototype
Meta announced the Quest 3S, the latest virtual-reality headset to come out of the company’s Reality Labs division and a cheaper offering than its predecessor.
A key chart breakout by this materials stock suggests more upside to come
David Keller breaks down the charts in copper miner Freeport-McMoRan.
Goldman recommends buying Tesla call options before two big catalysts in October
This options trade could make a profit if Tesla’s robotaxi event next month gives the stock a boost.
Investors are underweight Nvidia compared to the S&P 500, and it’s costing them
Portfolio managers have notably less exposure to Nvidia and other megacap tech stocks than the S&P 500 does — and it’s bad news for performance.
Italy opens greenwashing probe into Shein website
Italy’s antitrust agency has launched a greenwashing probe into Shein’s website over possibly misleading claims about the sustainability of its products.
Southwest Airlines to cut service and staffing in Atlanta to slash costs
The changes come a day before Southwest’s investor day, when executives will map out the company’s plan to cut costs and grow revenue.
Surging AI demand could cause the world’s next chip shortage, research says
A surge in demand for AI semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to Bain & Company.
Google files EU antitrust complaint accusing Microsoft of stifling cloud competition
Google said in an antitrust complaint that Microsoft uses unfair licensing contracts in its Azure cloud computing business to stifle competition.
