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OpenAI’s board is locked in complex negotiations to become a for-profit company, struggling to determine the price of Microsoft’s stake in the start-up while holding talks to value its newly formed charitable arm at $30bn. The ChatGPT-maker, which is overseen…

Stay informed with free updates Simply sign up accounting myFT Digest — delivered straight to your inbox. UK ministers are looking to scrap promised tougher audit rules for private companies as the government looks to dial back regulations to boost…

The metric, comparing the market cap to GDP public-traded companies, higher than before. Read more Source link

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The idea behind the concept of generations is that people born at a certain time share similar experiences, which in…

Donald Trump’s call for the new oil boom will fail by disappointment in another drilling bunch of Wall Street, Shell officials have warned. Total US Oil In the second term of Trump, the output will increase less than 1.3 million…

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Many of the social media in Japan were surprised after a head of cabbage recently was given an eye-popping price tag of 1,000 yen ($ 6.42). Read more Source link

Hangzhou-based DeepSeek has released several open-source AI models that match the performance of OpenAI—with greater efficiency and lower costs. Read More Source link

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Stargate, a high-profile artificial intelligence infrastructure project floated by Donald Trump this week, will exclusively serve ChatGPT maker OpenAI, according to…

The executive order ordered the government to suggest a regulation framework and exploring the production of a digital asset stockpile. Read more Source link