Microsoft in advanced talks for continued access to OpenAI tech, Bloomberg News reports
The companies have discussed new terms that would allow Microsoft to use OpenAI's latest models and technology even if the ChatGPT maker declares it has achieved artificial general intelligence (AGI), or AI that surpasses human intelligence, the report said.
A clause in OpenAI's current contract with Microsoft will shut the software giant out of some rights to the startup's advanced technology when it achieves AGI.
Negotiators have been meeting regularly, and an agreement could come together in a matter of weeks, Bloomberg News reported.
Microsoft and OpenAI did not immediately respond to a Reuters request for comment.
OpenAI needs Microsoft's approval to complete its transition into a public-benefit corporation. The two have been in negotiations for months to revise the terms of their investment, including the future equity stake Microsoft will hold in OpenAI.
Last month, The Information reported that Microsoft and OpenAI were at odds over the AGI clause.
OpenAI is also facing a lawsuit from Elon Musk, who co-founded the company with Sam Altman in 2015 but left before it surged in popularity, accusing OpenAI of straying from its founding mission — to develop AI for the good of humanity, not corporate profit.
Microsoft is set to report June quarter earnings on Wednesday, with its relationship with OpenAI in the spotlight, as the startup turns to rivals Google (GOOG), Oracle (ORCL) and CoreWeave (CRWV) for cloud capacity.
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Boston Globe
a few seconds ago
- Boston Globe
This top consulting firm is using AI to revolutionize its business. I saw it in action.
Write to us at . To subscribe, . TODAY'S STARTING POINT Erik Roth had a problem. In November 2022, the board of McKinsey & Company, the consulting firm where Roth is a senior partner, asked him to make it easier for employees to access and apply the wealth of knowledge the firm had amassed over decades. The status quo was discouraging. McKinsey's internal digital catalog contained about 65,000 PowerPoint documents. Even using keywords, a search could yield hundreds at a time. But generative AI technology, which catapulted onto the scene after OpenAI launched ChatGPT that same month, offered a solution. So a few months later, Roth brought the board a demo. After feeding dozens of marketing and sales documents into an OpenAI model, he showed how it could answer the executives' questions about the documents almost instantaneously. 'They thought it was a joke,' Roth told me. 'And that's where Lilli was born.' Advertisement Last week, in part one of a series about how Boston-area businesses are using AI, I took you inside a Charlestown robotics firm that's using the technology Advertisement How it works McKinsey launched Lilli, the AI tool Roth and a team of engineers designed, in July 2023. It's named Opened in a browser window, Lilli looks spare and unassuming. Then Roth keyed in a very consultant-y sounding task: Break down the electric-vehicle battery industry value chain into steps . After thinking for a few moments, denoted by a circular loading icon, Lilli generated a formatted list that spanned mining raw materials to recycling spent batteries. The goal is to draw on as much relevant knowledge as possible. Lilli pulls from McKinsey's PowerPoints, expert interviews, and other internal sources, plus public data about thousands of companies and industries. Its EV list featured numbered footnotes that resembled a Wikipedia page; blue citations indicated an internal McKinsey source, orange an external one. (In small text, Lilli warns that it 'may produce inaccurate or biased information.' Consultants verify its output and provide feedback using thumbs-up or thumbs-down icons.) Two years after Lilli debuted, two-thirds of employees across McKinsey's scores of offices around the world use it monthly; more than forty percent use it weekly. 'It's become a second screen for most of our people where it's up all day long as a problem-solving partner,' Roth said. Advertisement Welcome to the revolution That might not sound particularly transformative. But what makes Lilli different is McKinsey's effort to merge it with the company's other functions. Lilli can create shareable PowerPoint slides of content it's generated, rewrite text to fit the firm's house style, and suggest who in the firm a consultant should ask for more information. Rob Levin, a senior partner in McKinsey's Boston office, sees AI as a transformational tool for businesses that adopt it widely. 'This is the future of competitive advantage,' he said. McKinsey shows off Lilli to clients that might like to implement their own version. Lilli also keeps evolving. The firm recently launched AI agents — 'virtual helpers,' in Roth's shorthand — that can execute tasks without additional prompts. For example, a consultant could have an agent generate a profile of a company and a memo appealing to its needs — or even to specific executives. McKinsey is also rolling out a voice-enabled feature; Lilli's own voice, which I heard during my visit, is peppy and eager. As Lilli could probably tell you, revolutions can be bloody, and some of AI's drawbacks are becoming clearer. People who talk to chatbots For now, Lilli is primarily saving time. Before it, Roth said, a consultant might've needed a day or more to figure out which EV battery experts to call and which information to use. Advertisement Could that mean less time spent working? Roth suggested it's already happening in limited ways. 'We're saving the average consultant over one full day per week,' he said. 'If they're getting in that extra gym class during the day, or whatever they might be doing to bring back some balance, it's not a terrible thing.' But a four-day workweek? Now that would be revolutionary. 🧩 6 Across: 77° POINTS OF INTEREST Michael Ikasalo in front of his home in Fall River. Danielle Parhizkaran/Globe Staff Housing costs: Priced out of Boston, this family moved to Fall River. The doctor is in: Mass General Brigham, Massachusetts' largest health care system, wants to offer primary care at CVS's MinuteClinic sites. 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Android Authority
a few seconds ago
- Android Authority
Spotify Panama Playlists expose the soundtrack of the elite (and the death of their privacy)
Edgar Cervantes / Android Authority TL;DR A website called Panama Playlists claims to have exposed the Spotify listening habits of politicians, tech CEOs, celebrities, and journalists by tracking their public playlists and listening activity. The leak reveals the personal music choices of some of the world's most powerful people, including US Vice President JD Vance, OpenAI CEO Sam Altman, United States Attorney General Pam Bondi, and others. The site highlights a big flaw in how Spotify handles the privacy of its users. Turns out Spotify isn't just a music streaming app. It's also a window into the music listening habits and private jam sessions of politicians, tech CEOs, journalists, that one guy you saw on cable news, and many others. Thanks to a new website called Panama Playlists, anyone can now get a glimpse into what some very famous people are actually listening to on Spotify. From JD Vance cooking to Justin Bieber, to OpenAI's Sam Altman grooving to The Weekend, this playlist leak may be fun to browse, but it should also have you worried. The creators of Panama Playlists say they've been quietly stalking public Spotify accounts since summer 2024. They scraped the listening history, public playlists, even what song someone played and when. They then matched playlists and user names to real-life identities, all because of Spotify's questionable privacy rules. And in case you're wondering why the site is called Panama Playlists, it's a cheeky nod to the Panama Papers, which was a leak of thousands of offshore bank accounts. What caused this? By default, every playlist you make on Spotify is public, and so is your profile. If you want privacy, you have to dig through settings and toggle off the 'Public playlists' option, which would prevent new playlists you make from being publicly visible. Sadly, if you're hurrying to change this right now, know that it won't affect your older playlists. You'll need to manually lock down each playlist you created before changing the setting if you want to make it private. Since many people signed up for Spotify with their Facebook accounts, their real names are also on the platform. This is how we ended up here, with the playlists and music choices of some of the most well-known people in the world exposed for everyone to see. Who's listening to what? Panama Playlists US Vice President JD Vance reportedly rocks out to Justin Bieber's 'One Time' and the Backstreet Boys' 'I Want It That Way' while cooking. Governor of Florida Ron DeSantis apparently blasts 'Party in the USA.' Pam Bondi, United States Attorney General, appears to have Nelly's 'Hot in Herre' and Foreigner's 'Cold as Ice' on her playlist. White House Press Secretary Karoline Leavitt is apparently a Cyndi Lauper fan. Then there's OpenAI CEO Sam Altman, whose alleged account has Shazamed Missy Elliott's 'Get Ur Freak On,' along with tracks from Adele, Ed Sheeran, and Lorde. Palmer Luckey, designer of the Oculus Rift, confirmed that his 'Best Music Ever' playlist (which includes Hilary Duff and Avril Lavigne) is real. Meta's Chief AI Officer Alexandr Wang apparently celebrated a big tech deal with The Lumineers' 'Stubborn Love.' Should you care? While the leaked playlists might be fun to browse, it's probably horrifying for those affected. The Panama Playlists are a public data breach disguised as a guilty pleasure. They prove just how easy it is to look into someone's digital life. Most people have no idea how exposed they are on apps like Spotify and others until a random website like this puts their data out there for everyone to see. The lesson being — check your Spotify settings now. Because while JD Vance's Bieber playlist may be embarrassing, your Twilight soundtrack binge might be the next target. Follow
CNBC
a minute ago
- CNBC
CoreWeave is a buy after Microsoft's strong earnings report, Citi says
Investors should buy the recent dip in CoreWeave as strong AI demand will power shares higher, according to Citi. Analyst Tyler Radke upgraded the artificial intelligence cloud computing stock to buy from neutral. His price target of $160 implies upside of 55% from Wednesday's close. Despite more than doubling since its IPO in late March, CoreWeave has tumbled nearly 37% over the past month, with investors skeptical about the company's $9 billion acquisition of Core Scientific. That said, Radke noted that Microsoft's strong quarterly figures signal AI demand remains strong — which will boost CoreWeave long term. CRWV 1M mountain CRWV in past month "We come away with a much stronger fundamental view on the demand picture highlighted by MSFT (72% of 1Q25 revenue) beating/raising on Azure and raising capex with upside to finance leases," Radke wrote. "We feel incrementally more confident about the durability of AI demand and CRWV's position in the market, though still hold some concerns around customer concentration and Coreweave's ability to move up the stack," he added. CoreWeave shares popped more than 13% in the premarket, while Microsoft traded 8% higher. Radke's upgrade puts him in the minority on Wall Street. LSEG data shows that 17 of 24 analysts covering the stock rate it a hold, while three others have an underperform rating on it. Just four analysts rate CoreWeave as a buy or strong buy.
