OpenAI and Microsoft revise partnership, end exclusive intellectual property rights

OpenAI and Microsoft have agreed to overhaul their partnership, removing Microsoft’s exclusive rights to OpenAI’s intellectual property and allowing the artificial intelligence firm to operate across multiple cloud platforms. The revised agreement reshapes one of the most closely watched alliances in the technology sector and signals......

Short sellers increase bets on life insurance stocks amid private credit concerns

Short sellers have significantly increased their bearish positions on U.S. life insurance companies, reflecting growing concerns about exposure to the private credit market, according to recent market analysis. United States life insurance stocks have seen short positions more than double over the past year, reaching over $5 billion. This......

Microsoft ends exclusive access to OpenAI technology in strategic shift

Microsoft is set to lose its exclusive access to the artificial intelligence technologies developed by OpenAI, marking a significant shift in the competitive landscape of the tech industry. Under the revised partnership, OpenAI will be able to offer its AI models and products to a broader range of cloud platforms, including those operated......

Altman warns AGI could end jobs and destabilize global economy

Sam Altman, chief executive of OpenAI, has issued a stark warning about the long-term impact of artificial general intelligence, saying that once AGI is achieved, human work could largely disappear and the economic system could collapse. The statement, published on April 25 on X, came days after the release of the company’s latest model,......

Qualcomm surges on report of OpenAI partnership for AI smartphone processors

Shares of Qualcomm rose sharply in premarket trading after reports suggested a potential collaboration with OpenAI to develop advanced processors for artificial intelligence-powered smartphones. The news highlights growing momentum in the race to integrate AI capabilities directly into consumer devices. According to industry analyst Ming-Chi......

Thermo Fisher to sell microbiology business to Astorg for over $1 billion

Thermo Fisher Scientific has announced plans to sell its microbiology business to private equity firm Astorg in a deal valued at approximately $1.08 billion. The transaction reflects a broader trend of strategic portfolio reshaping within the global healthcare and life sciences industry. The agreement will include a cash component along with......

Eli Lilly to buy Ajax therapeutics for up to $2.3 billion

Eli Lilly and Company has announced an agreement to acquire the privately held biotechnology firm Ajax Therapeutics in a deal valued at up to $2.3 billion in cash. The move strengthens Lilly’s position in the oncology sector, particularly in the development of treatments for rare blood cancers. Ajax Therapeutics is currently developing......

Toyota global sales fall again as Middle East demand weakens

Toyota Motor reported a second consecutive monthly decline in global vehicle sales in March 2026, reflecting weaker demand in key regions and disruptions linked to both supply chains and model transitions. The downturn comes despite record production levels, highlighting a widening gap between output and consumer demand. Global deliveries......

China accelerates AI satellite network amid rising space competition

China is advancing a large-scale effort to build an orbital computing network powered by artificial intelligence, while expanding its military presence in space. The dual-track strategy combines commercial innovation with strategic ambitions that analysts say could challenge existing space leadership within the next two decades. A Chengdu-based......

Microsoft AI agent security toolkit flaw exposes missing authentication checks

Microsoft faces scrutiny after a security analysis found that authentication checks in its open source AI agent governance toolkit are not executed in production code. The toolkit, released on April 3, was designed to provide runtime safeguards for autonomous AI agents and address risks outlined by OWASP in its top 10 list for agent based......

Apple prepares leadership shift as MacBook Neo drives demand surge

Apple is entering a major transition period as Tim Cook prepares to step down after 15 years, with John Ternus set to take over as chief executive on September 1. The leadership change comes as the company records strong demand for its newly launched MacBook Neo, a lower priced laptop aimed at expanding its reach in the entry level segment. The......

China’s AI chip demand set to push imports above exports growth

China’s growing demand for advanced artificial intelligence chips is expected to drive import growth beyond export expansion for the first time since 2021, marking a shift in the country’s trade dynamics. Economists now forecast imports will rise by about 5 percent in 2026, more than double earlier projections, as companies accelerate......

DeepSeek slashes API prices tenfold to escalate global AI competition

DeepSeek has cut the cost of its API services by up to 90 percent, intensifying price competition across the global artificial intelligence industry. The move follows the release of its latest large language model, V4, and includes a 75 percent promotional discount on its flagship V4 Pro model through early May. The new pricing structure......

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