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ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, making itself the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts. The San Francisco-based company said Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in a written statement. […]

WASHINGTON (AP) — The Pentagon has added several prominent Chinese businesses, including the tech giant Alibaba, electric car maker BYD and search engine Baidu, to its list of Chinese military companies, preventing them from getting U.S. defense contracts. The list, updated and published Monday by the Pentagon, now sanctions well-known, non-state-owned Chinese companies that are not traditionally considered to be in the defense or security sector. It reflects growing wariness […]

NEW YORK (AP) — A jury convicted a man of manslaughter as a hate crime on Monday in the death of O’Shae Sibley, who was killed at a Brooklyn gas station during a confrontation that began with a group of young people shouting racist and anti-gay slurs at the professional dancer and his friends as they vogued to a Beyoncé song. Dmitriy Popov, 20, who was 17 at the time […]

June 8 (Reuters) – OpenAI said on Monday it confidentially filed for a U.S. initial public offering recently, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. The ChatGPT-maker said it has not decided on a timeline of the IPO yet nor did it disclose the size or terms of the offering. Here are some comments on the listing: MICHAEL […]

By Noel Randewich June 8 (Reuters) – Index provider MSCI confirmed on Monday it will apply existing rules for early inclusion of large IPOs in its Global Standard Indexes, likely clearing the way for SpaceX to join, which will fuel demand from passively managed investment funds. Investment funds with trillions of dollars in assets track MSCI’s indexes, and they would have to buy shares of SpaceX if it is added […]

The No. 1 and No. 2 seeds each fell in straight sets on a chaotic first day of women’s competition in the Libema Open at ‘s-Hertogenbosch in the Netherlands on Monday. No. 1 seed Ekaterina Alexandrova of Russia — a two-time winner at the event in 2022 and ‘23 — fell 6-4, 7-6 (5) to Hungary’s Panna Udvardy, who ranks nearly 50 spots lower (65th to 17th). In a match […]

By Rae Wee, Karin Strohecker and Marc Jones SINGAPORE/LONDON, June 8 (Reuters) – Indonesian President Prabowo Subianto is losing the trust of investors and his growth agenda risks being undone by a plunging currency. The special forces commander-turned-politician has run a chaotic administration since taking office in 2024, promising free meals for millions of school children and undoing decades of spending discipline to chase growth. But a battering from the […]

The Los Angeles Kings are set to hire Peter Laviolette to a three-year deal as their next head coach, Sportsnet and ESPN reported Monday. Laviolette had been in talks to become the head coach of the Toronto Maple Leafs as recently as last week, according to multiple reports, and the Edmonton Oilers had also reportedly looked at him as a candidate to fill their head coaching vacancy. Laviolette, 61, has […]

JERUSALEM (AP) — Israel’s latest strikes on Lebanon and Iran have made clear that U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, who started the war in lockstep, want different things. Trump had publicly warned Israel not to strike Beirut in its war with Iran-backed Hezbollah militants. When it did, on Sunday, Iran responded by firing ballistic missiles at Israel for the first time since the April ceasefire. […]