OpenAI names Slack CEO Dresser as first chief of revenue

SAN FRANCISCO (AP) – OpenAI said Tuesday it has picked Slack CEO Denise Dresser as its first chief of revenue, a message to wary investors that the ChatGPT maker is serious about making a profit from its artificial intelligence technology.

Trump approves sale of advanced Nvidia chips used in AI to China

WASHINGTON (AP) – President Donald Trump said Monday that he would allow Nvidia to sell an advanced type of computer chip used in the development of artificial intelligence to “approved customers” in China.

Google facing a new antitrust probe in Europe over content it uses for AI

LONDON (AP) – Google faces fresh antitrust scrutiny from European Union regulators, who opened an investigation Tuesday into the company’s use of online content for its artificial intelligence models and services.

Microsoft investing $17.5 billion in India for AI and cloud infrastructure

NEW DELHI (AP) – Microsoft on Tuesday announced its biggest-ever Asia investment, amounting to $17.5 billion, in India over the next four years to advance the country’s cloud and artificial intelligence infrastructure.

Netflix to acquire Warner Bros. studio and streaming business for $72 billion

NEW YORK (AP) – Netflix struck a deal Friday to buy Warner Bros. Discovery, the Hollywood giant behind “Harry Potter” and HBO Max, in a $72 billion deal that would bring together two of the biggest players in television and film and potentially reshape the entertainment industry.

IBM buys data streaming platform Confluent in $11 billion deal

IBM said Monday it’s buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company’s artificial intelligence strategy.

Takeover bid of parent company means limbo for CNN and some fellow cable networks

Paramount Skydance’s hostile takeover bid of Warner Bros. Discovery places CNN and its sister cable networks squarely back into what is likely to be an extended period of management limbo. There was some relief at CNN with last Friday’s announcement that Netflix was buying Warner’s studio and streaming businesses, since the cable network would not be a part of that deal.

Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix

NEW YORK (AP) – Paramount on Monday launched a hostile takeover bid for Warner Bros. Discovery, initiating a potentially bruising battle with Netflix for the company behind HBO, CNN and DC Studios, and the right to reshape much of the nation’s entertainment landscape.

EU Hits Elon Musk's X with 120 million euro fine for breaching bloc's social media law

LONDON (AP) – European Union regulators on Friday fined Elon Musk’s social media platform X 120 million euros ($140 million) for breaches of the bloc’s digital regulations that they said could leave users exposed to scams and manipulation.