What if Microsoft let OpenAI go free?

Call it a spectacular modern-day version of Renaissance patronage. Since 2019 Microsoft has provided more than $13bn in cash and computing capacity to OpenAI, a once-penniless startup that is now at the forefront of generative artificial intelligence (AI) and, as of its most recent fundraising round, worth $157bn. In exchange, Microsoft has gained the exclusive…

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Which UK taxes are expected to rise in the autumn Budget?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ministers warned on Wednesday there will be “financial consequences” to confront in the wake of Labour’s costly retreat on welfare, paving the way for potentially significant tax rises in the autumn Budget. U-turns by the…

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Marshwood baseball, York softball open play

SOUTH BERWICK, Maine – Senior right-hander Charlie Hudson wasn’t feeling his best when he stepped on the mound for the Marshwood High School baseball team in Thursday’s Class A South first-round game against Sanford. But Hudson was good enough to send the top-seeded Hawks to Saturday’s regional semifinal. Hudson allowed three hits and two earned…

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