The next entry in The Witcher series, currently known as "Polaris", is going to see a development ramp-up in 2024 with the expansion of the development team, according to the current CD Projekt Red CEO.
09.12.2023 - 07:03 / tech.hindustantimes.com / Brad Smith
With global regulators examining Microsoft Corp.'s $13 billion investment in OpenAI, the software giant has a simple argument it hopes will resonate with antitrust officials: It doesn't own a traditional stake in the buzzy startup so can't be said to control it.
When Microsoft negotiated an additional $10 billion investment in OpenAI in January, it opted for an unusual arrangement, people familiar with the matter said at the time. Rather than buy a chunk of the cutting-edge artificial intelligence lab, it cut a deal to receive almost half of OpenAI's financial returns until the investment is repaid up to a pre-determined cap, one of the people said. The unorthodox structure was concocted because OpenAI is a capped for-profit company housed inside a non-profit organization.
It's not clear regulators see a distinction, however. On Friday the UK Competition and Markets Authority said it was gathering information from stakeholders to determine whether the collaboration between the two firms threatens competition in the UK, home of Google's AI research lab Deepmind. The US Federal Trade Commission is also examining the nature of Microsoft's investment in OpenAI and whether it may violate antitrust laws, according to a person familiar with the matter.
The inquiries are preliminary and the agency hasn't opened a formal investigation, according to the person, who asked not to be named discussing a confidential matter.
Microsoft didn't report the transaction to the agency because the investment in OpenAI doesn't amount to control of the company under US law, the person said. OpenAI is a non-profit and acquisitions of non-corporate entities aren't reported under US merger law, regardless of value. Agency officials are analyzing the situation and assessing what its options are.
“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 a share of profit distributions,” a Microsoft spokesperson said in a statement. Earlier Friday, Microsoft President Brad Smith said “the only thing that has changed is that Microsoft will now have a non-voting observer on OpenAI's board.” He described its relationship with OpenAI as “very different” from Google's outright acquisition of DeepMind in the UK.
“Our partnership with Microsoft empowers us to pursue our research and develop safe and beneficial AI tools for everyone, while remaining independent and operating competitively. Their non-voting board observer does not provide them with governing authority or control over OpenAI's operations,” said an OpenAI spokesperson in a statement.
From the beginning, Microsoft and OpenAI took pains to telegraph the two companies' independence.
The next entry in The Witcher series, currently known as "Polaris", is going to see a development ramp-up in 2024 with the expansion of the development team, according to the current CD Projekt Red CEO.
In a troubling trend spanning the past year, cybercriminals have orchestrated a series of phishing scams to pilfer millions of dollars in cryptocurrency assets via deceptive ads on major platforms, including Google and X. Uncovered by cybersecurity experts at ScamSniffer, these scammers are employing a sinister tool known as 'wallet drainers' to carry out their nefarious schemes in phishing scams.
We have some new speculation on what the next Xbox could be like.
Call of Duty developers that levelled criticism at Kratos voice actor Christopher Judge for joking about the length of Modern Warfare 3's campaign at The Game Awards have walked their initial comments back, citing frustration at the industry's current state.
Alphabet's Google on Monday will try to persuade a federal jury in San Francisco to reject antitrust claims by "Fortnite" maker Epic Games in a case that threatens Google's app store and transaction fees imposed on Android app developers.
Red Dead Redemption 2 actor Roger Clark has suggested that the 'GTA 6 Joker' "use the notoriety" rather than seek money from Rockstar.
After Apple confirmed that it had shut down Beeper Mini’s iMessage feature for Android smartphones, it caught the attention of U.S. Senator Elizabeth Warren. Her latest post revealed that she is against firms such as the Cupertino giant and others who wish to generate profits by taking out the competition.
Welcome to the busiest moviegoing season of the year, when films in theaters are actually worth trekking out to see and everything hitting VOD and streaming is… the movies that came out a few months ago that are also super worth checking out. Ack!
The first hands on review of the PS5's new Pulse Explore earbuds had CNET waxing lyrical about the audio quality, but a new verdict from PC Mag has raised concerns surrounding the device's design and fit. In a 2.5/5 review, it's suggested the «big tabs that jut up from the earphones make it hard to comfortably place them in your ears». Furthermore, eartips provided in the box are supposedly so thin they can flip out into your ear during wear.
The churn of Netflix content makes it almost inevitable that occasionally disparate movies and TV shows will share similar titles. It’s decidedly less typical for two different films bearing the exact same title to arrive on the service at roughly the same time. But that happened in late 2023: One movie called Leo arrived on the service on Nov. 21, followed by another movie called Leo just a week later.
Rainbow Six Siege fans did a collective double take last week when Activision shared the next slate of operators coming to Call of Duty: Modern Warfare 3 and Warzone. Meet Dokkaebi: a «skilled spy and robotics engineer» available in the Season 1 battle pass. Call of Duty's Dokkaebi immediately drew comparisons to popular Siege operator Dokkaebi: a skilled hacker who disrupts and steals enemy intel.
By Ash Parrish, a reporter who has covered the business, culture, and communities of video games for seven years. Previously, she worked at Kotaku.