He reiterated that OpenAI needs to complete the restructure by the end of this year.
There could still be stumbling blocks along the way. Microsoft, one of OpenAI's biggest investors, has not approved the restructure, according to a Bloomberg report earlier this month. The Financial Times on Sunday reported that OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership. Microsoft is the key holdout to OpenAI's restructure plan, the FT added.
SoftBank's Goto did not mention any other companies, but acknowledged that OpenAI has many stakeholders.
"Our conversation is based on the assumption that the reorganization will take place. There are different staekholders however and some people may intervene in this project and this may not go as smooth as we hope," Goto said.
Government officials said in a press release that the partnership will help achieve the "Dubai Cashless Strategy," which seeks to solidify Dubai's status as a leading digital city. The strategy aims to reach 90% cashless transactions across Dubai's public and private sectors by 2026.
Crypto.com's Al Hakim called the initiative a "truly global first programme."
Crypto.com first received a license for its Dubai entity to offer regulated virtual asset service activities in 2023. Last month, the company said Dubai's virtual asset regulatory body had also issued a limited license to offer derivatives.
Dubai has been betting on the crypto industry for years as part of its ambition to become a global tech hub.
Science meets nature
To design the innovative material, Hu and his team selectively removed specific components of the wood’s cellular structure and compressed it under precise conditions. The approach resulted in a biogenic composite that maintains all the desirable features of wood, including warmth, texture, workability, and natural aesthetic, while enhancing its performance far beyond traditional limits.
“Superwood demonstrates what’s possible when we combine nature’s most highly evolved structure with revolutionary science,” Alex Lau, InventWood CEO said, adding that the funding will enable the company to scale the material’s production.
InventWood highlighted that this will not only support local economies but also reduce emissions and logistics risks associated with overseas manufacturing. To ensure a smooth rollout across North America, the firm recently signed a strategic partnership agreement with Intectural, a major supplier of high-performance architectural materials.
They emphasized that their product comes at a time when the U.S. is actively seeking sustainable, locally produced alternatives to imported materials like steel and aluminum. They believe it can offer the construction industry a high-performance, eco-friendly material that doesn’t compromise on beauty, strength, or design flexibility, all while meeting the demands of climate resilience and affordability in modern architecture.
He reiterated that OpenAI needs to complete the restructure by the end of this year.
There could still be stumbling blocks along the way. Microsoft, one of OpenAI's biggest investors, has not approved the restructure, according to a Bloomberg report earlier this month. The Financial Times on Sunday reported that OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership. Microsoft is the key holdout to OpenAI's restructure plan, the FT added.
SoftBank's Goto did not mention any other companies, but acknowledged that OpenAI has many stakeholders.
"Our conversation is based on the assumption that the reorganization will take place. There are different staekholders however and some people may intervene in this project and this may not go as smooth as we hope," Goto said.
Government officials said in a press release that the partnership will help achieve the "Dubai Cashless Strategy," which seeks to solidify Dubai's status as a leading digital city. The strategy aims to reach 90% cashless transactions across Dubai's public and private sectors by 2026.
Crypto.com's Al Hakim called the initiative a "truly global first programme."
Crypto.com first received a license for its Dubai entity to offer regulated virtual asset service activities in 2023. Last month, the company said Dubai's virtual asset regulatory body had also issued a limited license to offer derivatives.
Dubai has been betting on the crypto industry for years as part of its ambition to become a global tech hub.
!summarize #tesla #ai #elonmusk #power
Science meets nature
To design the innovative material, Hu and his team selectively removed specific components of the wood’s cellular structure and compressed it under precise conditions. The approach resulted in a biogenic composite that maintains all the desirable features of wood, including warmth, texture, workability, and natural aesthetic, while enhancing its performance far beyond traditional limits.
“Superwood demonstrates what’s possible when we combine nature’s most highly evolved structure with revolutionary science,” Alex Lau, InventWood CEO said, adding that the funding will enable the company to scale the material’s production.
InventWood highlighted that this will not only support local economies but also reduce emissions and logistics risks associated with overseas manufacturing. To ensure a smooth rollout across North America, the firm recently signed a strategic partnership agreement with Intectural, a major supplier of high-performance architectural materials.
They emphasized that their product comes at a time when the U.S. is actively seeking sustainable, locally produced alternatives to imported materials like steel and aluminum. They believe it can offer the construction industry a high-performance, eco-friendly material that doesn’t compromise on beauty, strength, or design flexibility, all while meeting the demands of climate resilience and affordability in modern architecture.
!summarize #diddy #trial #sex #crime