If OpenAI is to float on the stock market this year, it needs to start turning a profit

If OpenAI is going to float this year, it has to get serious about its business model. The wow factor around the US company – the poster child of an AI industry boom that has stoked fears of a stock market bubble – has been long established, but when will the profits come? The party can’t go on for ever.The developer of ChatGPT is one of the biggest startups in the world and is now valued at $850bn (£645bn). Meanwhile, it is reportedly spending $600bn on infrastructure (the amount it invests in datacentres and chips to power its AI models) by 2030. At least this is a reduction on an initial estimate of $1

MacBook Neo review: the budget Apple laptop powered by an iPhone chip

Apple’s brand new entry-level laptop is powered by the chip from an iPhone and offers more than just the essential MacBook experience for a great price, putting the PC industry on notice.The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more.The MacBook Neo is the first of its kind from Apple

Apple subsidiary fined by UK government over Moscow sanctions breach

The UK government has fined a subsidiary of Apple £390,000 for breaching sanctions against Moscow over payments it made to a Russian streaming platform.Apple Distribution International (ADI), based in the Republic of Ireland, instructed an unnamed UK-based bank to make two payments to a company owned by a sanctioned Russian entity.The payments, worth more than £635,000 in total, were made to the streaming service Okko from an ADI bank account based in Britain. ADI is responsible for selling Apple products in Europe and the Middle East, including from the iPhone maker’s app store.The fine was imposed by the Office of Financial Sanctions Implementation (OFSI), the UK’s sanctions watchdog and part of the Treasury

How Meta’s victim-blaming failed to sway jurors in landmark social media addiction trial

When Meta, the parent company of Facebook and Instagram, sought to defend itself in the landmark social media addiction lawsuit alleging its products caused personal injury to a young user, it went on the offensive. The mental health problems that the 20-year-old known as KGM suffered since she was a child were not the result of exposure to harm on Instagram, Meta’s lawyers and public relations team argued, but instead linked to her mother’s parenting and her offline social problems.In a bench memo filed before the trial began, lawyers for Meta quoted excerpts from KGM’s teenage text messages, personal writings and social media posts complaining about her mother. They combed through therapy notes and called on doctors to testify to examples of personal conflict. Throughout the proceedings, Meta’s communications team sent reporters repeated updates from the trial and quotes from testimony that highlighted her familial issues

‘Soon publishers won’t stand a chance’: literary world in struggle to detect AI-written books

Recently, the literary agent Kate Nash started noticing that the submission letters she was receiving from authors were becoming more thorough – albeit also more formulaic.“I took it as a rise in diligence,” she said. “I thought it was a good thing.”But then she had what she described as her eureka moment: the letter with the AI prompt right at the top. “It read: ‘Rewrite my query letter for Kate Nash including a comp to a writer she represents,’” she said

‘Our assumptions are broken’: how fraudulent church data revealed AI’s threat to polling

If you had been keeping tabs on the news about church attendance in Britain lately, you would be forgiven for thinking the country was in the midst of a Christian revival.Stories of swelling congregations, filled with young people returning to the flock, spurred on by everything from social media to a rise in bible sales appeared to be confirmed by a 2024 report from the Bible Society.Based on data collected by a YouGov survey, it claimed church attendance was increasing in England and Wales. The findings drove headlines, and the narrative was established.There was just one problem – the survey turned out to be based on “fraudulent” data and has been withdrawn