Jon Porter

“There are things that we take a keen interest in, for instance, if the new Apple fee structure will de facto not make it in any way attractive to use the benefits of the DMA,” Margrethe Vestager tells Reuters. “That kind of thing is what we will be investigating.”

The White House says it’s reached preliminary terms with the semiconductor giant to award it the money as part of attempts to shore up US-based chip production. Intel expects to spend the money on manufacturing and research facilities in Arizona, New Mexico, Oregon, and Ohio, with the latter playing host to a $20 billion fab. Other recipients of CHIPS funding include GlobalFoundries, Microchip, and BAE Systems.

Business Insider reports OpenAI is on track to release the next major version of its AI model in mid-2024. One CEO who’s been demoed GPT-5 said it’s “materially better” than GPT-4, which was released a little over a year ago. OpenAI is apparently still training the model, which will then need to be safety tested and red teamed before public release.

The iPhone maker was accused of defrauding shareholders when it cut its quarterly revenue forecast by up to $9 billion in 2019 due to US-China trade tensions. That announcement literally decimated its share price, just a couple of months after CEO Tim Cook declined to put China in the same category as other emerging markets where Apple faced sales pressure.