Microsoft does not own any portion of OpenAI

WASHINGTON:

Microsoft said in a statement on Friday that it does not own any part of OpenAI, an artificial intelligence powerhouse.

"While details of our agreement remain confidential, it is important to note that Microsoft does not own any portion of OpenAI and is simply entitled to share of profit distributions," said company spokesman Frank Shaw.

Comments

Post a Comment

Popular posts from this blog

Montana blocks gender-affirming care for trans minors

Image
Montana became the latest state to ban gender-affirming care for transgender youth after Gov. Greg Gianforte signed a bill that was passed in the legislature last week. Montana became the latest state to ban gender-affirming care for transgender youth Friday after Gov. Greg Gianforte signed a bill that was passed in the legislature last week. The bill restricts the use of hormone therapy, puberty blockers and surgeries on people under age 18 for the purposes of gender transitioning. Fourteen other states block families from access to these medical procedures. Montana Gov. Greg Gianforte poses a question while taking part in a panel discussion during a Republican Governors Association conference, Nov. 16, 2022, in Orlando, Fla. Phelan M. Ebenhack/AP, FILE Gender-affirming care has been found to be associated with improved mental health of transgender adolescents and teenagers, according to research in the New England Journal of Medicine and JAMA Pediatrics. MORE: Transgender lawmaker ce...
Read more

Apple suppliers slide on China anxiety, threat from Huawei

Image
SHANGHAI: China's widening curbs on iPhone use by government staff intensified a sell-off in global tech stocks on Friday on fears Apple and its supplier s could take a hit from rising Sino-US tensions and growing com Pet ition from Huawei. Apple shares tumbled 6.4% in the previous two days, wiping $190 billion from its market capitalisation, following news Beijing ordered some central government employees in recent weeks to stop using iPhones at work. Several Wall Street analysts on Friday said the selloff was overdone, claiming that any revenue hit for Apple would likely be small due to the phone's popularity in China. After two days of declines, Apple shares rebounded in Friday trading, up 1.3%. Apple is facing stepped-up com Pet ition from China's Huawei, which launched two new smartphones - the foldable Mate X5 and the Mate 60 Pro+ - that drew global attention for showcasing resilience to US sanctions. Some analysts believe Huawei...
Read more

Millions of women, children risk losing WIC's nutrition assistance if government shuts down

Image
Nearly 7 million mothers and children could lose the nutrition assistance they receive from the U.S. government if Congress fails to avert a government shutdown. Nearly 7 million mothers and their children could lose the nutrition assistance they receive from the federal government if Congress fails to reach a deal this week to avert a government shutdown, according to the U.S. Department of Agriculture (USDA). Agriculture Secretary Tom Vilsack told reporters during a White House press briefing on Monday afternoon that the Special Supplemental Nutrition Program for Women, Infants, and Children, commonly known as WIC, would stop immediately if the government shuts down. "That program expires, if you will, or stops immediately when the shutdown occurs," Vilsack said. MORE: Which federal programs will first be impacted in a government shutdown According to USDA, the WIC program provides healthcare services and nutrition to low-income pregnant women, breastfeeding women and chi...
Read more