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Microsoft Seeks Evergreen Access to OpenAI's AI Models
Microsoft Seeks Evergreen Access to OpenAI's AI Models

Yahoo

time23 minutes ago

  • Business
  • Yahoo

Microsoft Seeks Evergreen Access to OpenAI's AI Models

Microsoft (NASDAQ:MSFT) is in advanced talks to rewrite its OpenAI deal so it can keep tapping the startup's latest AI models even after the AGI mark. Under the current agreement, hitting AGI which OpenAI defines as machines outpacing humans on most economically valuable taskswould strip Microsoft of those rights come 2030. Warning! GuruFocus has detected 7 Warning Sign with MSFT. So far Microsoft has pumped in $13.75 billion and may walk away with a low? to mid?30% equity stake in a restructured, for?profit OpenAI. OpenAI, meanwhile, is pushing for a bigger slice of revenue and the freedom to serve clients outside Azureincluding government agencies that aren't on Microsoft's cloud. They're also insisting on strict safety standards as models edge toward true AGI. There's a business milestone too: once OpenAI hits about $100 billion in total investor profits, fresh IP clauses kick in and any disagreement over that trigger could wind up in court. Past IP waivers for OpenAI's $6.5 billion io deal and the stalled $2.4 billion Windsurf acquisition show just how high the stakes are. Locking in perpetual access to OpenAI tech is critical for Azure's edge and Microsoft's long?term AI will be watching for deal terms in the coming weeks and any updates at Microsoft's Ignite conference this autumn. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Toyota to Build EVs in Czech Republic by 2028
Toyota to Build EVs in Czech Republic by 2028

Yahoo

time23 minutes ago

  • Automotive
  • Yahoo

Toyota to Build EVs in Czech Republic by 2028

Toyota (NYSE:TM) will start building electric vehicles in Europe at a new Czech plant by 2028. It plans to churn out about 100K EVs a year at its Czech subsidiary, including a new electric SUV. The automaker wants to launch 14 battery?electric models across Europe by 2026 from a revamped C?HR+ SUV to an updated bZ4Xand hit carbon neutrality in the region by 2035. Right now, EVs account for under 2% of Toyota's global sales, so local assembly is a big shift in strategy. Warning! GuruFocus has detected 3 Warning Sign with TM. Through June, EU registrations for battery?electric cars topped 869,271 units, or 15.6% of the market. Germany led with a 35.1% surge, Belgium was up 19.5% and the Netherlands rose 6.1%, while France dipped 6.4%. Making cars in Europe could help Toyota cut logistics costs, sidestep import duties and respond faster as legacy brands and startups ramp up EV offerings. European?built EVs position Toyota to capture market share in the continent's fastest?growing segment and protect margins. Investors will look to Toyota's roll?out of 14 EV models by 2026 and the first Czech?built units in 2028 for clues on capital spending and profit impact. This article first appeared on GuruFocus.

HERE and EROAD Deepen Collaboration to Transform Trucking in Australia and New Zealand
HERE and EROAD Deepen Collaboration to Transform Trucking in Australia and New Zealand

Yahoo

time23 minutes ago

  • Automotive
  • Yahoo

HERE and EROAD Deepen Collaboration to Transform Trucking in Australia and New Zealand

HERE and EROAD Deepen Collaboration to Transform Trucking in Australia and New Zealand EROAD to launch first-ever vehicle-aware navigation application in Oceania, powered by HERE's advanced platform and vehicle-specific data. Partnership addresses critical challenges in the freight sector, including safety, productivity and compliance. Australia – HERE Technologies, a global leader in digital mapping and location data, is expanding its collaboration with EROAD, a leading provider of fleet management and telematics solutions, to power EROAD's first vehicle-aware navigation application for Oceania. The solution will be available in Australia and New Zealand and is designed to enhance driver safety, fleet efficiency and regulatory compliance. The new solution will be built on the HERE platform, leveraging advanced routing services and truck-specific data. This deepened partnership reflects both companies' shared commitment to delivering innovative transport solutions tailored to the needs of commercial vehicle and fleet operators globally. By combining HERE's location intelligence with EROAD's operational expertise, the partnership aims to improve delivery accuracy, simplify route planning, and elevate the day-to-day experience for both drivers and fleet managers. Built for Fleets, Designed for Drivers EROAD's new vehicle-aware navigation application draws on key capabilities from HERE WeGo Pro, a mobile-first, professional-grade application that transforms centrally planned routes into real-time, turn-by-turn guidance. Designed specifically for commercial fleets, the new solution offers: Truck-specific routing that considers vehicle dimensions, cargo type and road restrictions. Real-time traffic updates are refreshed every five minutes across the entire road network. Multi-stop tour planning and predictive ETAs for SLA-compliant deliveries. Offline functionality for uninterrupted service in remote areas. Driver-centric design that reduces stress and supports retention. 'Our partnership with EROAD is critical in shaping the future of truck-specific navigation in the region,' said Deon Newman, Senior Vice President and General Manager for Asia Pacific at HERE Technologies. 'With the HERE platform at its core, the vehicle-aware navigation application enables fleets to gain real-time insights, optimised truck routes, and critical alerts to prevent incidents like bridge strikes. It also helps operators remain compliant with road regulations, avoid costly fines and reduce operational risks. This level of intelligent navigation empowers fleets to operate more efficiently while enhancing safety and elevating the driver experience.' Growing Demand in Oceania for Smarter, Connected Vehicle Technologies The launch comes at a critical time for Australia and New Zealand's transport and logistics sector. According to a recent report by the installed base of fleet management systems in ANZ is projected to reach 2.7 million units by 20281, reflecting the growing demand for smarter, more connected vehicle technologies. Meanwhile, the industry faces mounting pressure from a looming driver shortage. A report by The International Road Transport Union highlights that 47% of Australia's truck drivers are over the age of 55, with more than 21% expected to retire by 20292. The country is already short nearly 28,000 heavy vehicle drivers, underscoring the urgent need for tools that can support both new and experienced drivers on the road. 'Oceania's transport and logistics sector is under immense pressure - from driver shortages to rising delivery demands and increasingly complex compliance requirements,' said Mark Davidson, Chief Product Officer at EROAD. 'With our expanded partnership with HERE, we're equipping our customers with a solution that not only helps them navigate these challenges, but also positions them to operate more safely, efficiently, and competitively in a rapidly evolving market.' To learn more about HERE's truck-optimised navigation capabilities, visit Media Contacts EROADRich Llewellyn027 523 2362 richard@ HERE TechnologiesVanessa Lee+65 9188 EROAD EROAD (NZX/ASX: ERD) is a hardware-enabled SaaS company delivering safety, compliance, sustainability and efficiency solutions for complex connected platform is used by commercial and government operators across New Zealand, Australia and North America to manage vehicles, assets and drivers with greater visibility and control. EROAD supports demanding, highly regulated fleet operations, including those moving food, concrete and aggregates, enabling them to operate smarter, safer and more sustainably. EROAD's platform is built on a foundation of regulatory expertise, having delivered the world's first GPS-based road user charging system in New Zealand, where it remains the market leader HERE TechnologiesHERE has been a pioneer in mapping and location technology for 40 years. Today, HERE's location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy. Find out how HERE is moving the world forward at 1 Fleet Management in Australia and New Zealand - 9th Edition2 Global Truck Driver Shortage Report 2024 Attachment HERE and EROAD Deepen Collaboration to Transform Trucking in Australia and New ZealandError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Canada will recognise Palestinian state at UN, PM says
Canada will recognise Palestinian state at UN, PM says

Yahoo

time23 minutes ago

  • Politics
  • Yahoo

Canada will recognise Palestinian state at UN, PM says

Canada intends to recognise a Palestinian state at the United Nations in September, Prime Minister Mark Carney has announced, saying his goal is to preserve the possibility of a two-state solution. Carney told reporters the planned move was predicated on the Palestinian Authority's commitment to reforms, including commitments to fundamentally reform its governance and to hold general elections in 2026 in which Hamas can play no part. Canada had long stated it would only recognise a Palestinian state at the conclusion of peace talks with Israel. Canada has long been committed to a two-state solution — an independent, viable, and sovereign Palestinian state living side by side with the State of Israel in peace and security. My statement on Canada's recognition of a Palestinian state: — Mark Carney (@MarkJCarney) July 30, 2025 But Carney said the reality on the ground, including starvation of citizens in Gaza, meant "the prospect of a Palestinian state is literally receding before our eyes". Among the reasons, he said, were "the pervasive threat of Hamas terrorism to Israel," accelerated settlement building across the West Bank and East Jerusalem and a vote by the Knesset calling for the annexation of the West Bank. "Canada condemns the fact that the Israeli government has allowed a catastrophe to unfold in Gaza," he said.

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