OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation. Two crucial regulators, the California and Delaware attorneys general said they would not oppose the changes. The new structure could allow the ChatGPT maker to raise money and profit more easily from its AI technology while remaining under…… MORE
Elon Musk has launched Grokipedia, a crowdsourced online encyclopedia that the billionaire seeks to position as a rival to Wikipedia. Musk announced on social media that “Grokipedia.com version 0.1 is now live” and promised further improvements. The site aims to present “the truth, the whole truth, and nothing but the truth.” Grokipedia currently has a…… MORE
United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround efforts, including approximately 48,000 job cuts. UPS said in a regulatory filing that it has cut about 34,000 operational positions and closed daily operations at 93 leased and owned buildings during the first nine months of this…… MORE
KINGSTON, Jamaica (AP) — Hurricane Melissa has intensified into a Category 5 storm as it draws closer to Jamaica, where forecasters say it will unleash catastrophic flooding, landslides and widespread damage. The intensification happened Monday. At that strength, the system would be the strongest hurricane to hit the island since record-keeping began in 1851. Melissa…… MORE
Federal funds could begin running dry on Saturday that help tens of millions of Americans buy food for their families and send their toddlers to preschool if the government shutdown persists. If Congress doesn’t reach a deal by Saturday to resolve the shutdown, benefits could also run out for the Supplemental Nutrition Assistance Program, which…… MORE