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The maker of ChatGPT, OpenAI, has kicked off the process of selling its shares on public markets by submitting a confidential filing with the US Securities and Exchange Commission on Monday. The AI startup is looking to capitalise on its dominant posi…
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers sayThe world’s largest banks committed $906bn in financing to the fossil fuel industry last year, an “unfathomable” increase in investment loc…
Denim giant claims trademarked design has been copied by S-Double, which was founded in 2008 by Shawn Stussy and is owned by the Melbourne-based clothing companyGlobal jeans giant Levi’s has launched legal action against Australian clothing company Glo…
UK drugmaker’s new chief executive, Luke Miels, makes mark with deal for Boston-based biotech NuvalentBusiness live – latest updatesGSK’s new boss, Luke Miels, has struck one of the British drugmaker’s biggest deals, announcing the $10.6bn (£7.9bn) acq…
Fines might be needed to deter travellers from retrieving hand luggage, says official from airlines body IataBusiness live – latest updatesAir passengers are increasingly putting lives at risk by filming emergencies and retrieving bags instead of evacu…
Protectionist measures will deal blow to country’s budget as it defends itself against Russia, says Metinvest chiefNew EU limits on steel imports could destroy Ukraine’s industry and deal a big blow to the country’s budget as it defends itself against …
Government-funded JobsPlus trial in 10 neighbourhoods could be scalable nationwide, evaluation showsWe would like to hear from young people in the UK about their job-hunting experiencesA government-funded pilot of “hyperlocal” job support in 10 neighbo…
ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market historyOpenAI has filed confidentially to go public on the US stock market, according to a company blogpost published on Monday. The artificial intell…
This blog is closedGet our breaking news email, free app or daily news podcast‘If Australian datacentres are going to power the AI revolution, we deserve a fair return’ – David PocockIndependent senator David Pocock has published an opinion piece about…
Investors were also relieved by signs of cooling tensions in the Middle East. Iran and Israel said they had halted attacks on each other after an appeal from US President Donald Trump that they immediately “stop shooting.”