OpenAI is restructuring its financial arrangement with Microsoft, capping the revenue share payments it owes its biggest backer. The move marks a significant shift from the terms both companies announced when OpenAI began converting from a nonprofit to a for-profit structure last October. The original deal gave Microsoft a share of OpenAI's revenues in exchange for the billions of dollars Microsoft has poured into the company since 2019. Under the new arrangement, OpenAI is looking to limit how much of its revenue flows to Microsoft going forward, effectively reducing Microsoft's long-term financial claim on the business. The change matters because Microsoft's stake in OpenAI's upside has been a central part of how investors and analysts have valued both companies. A cap on revenue sharing could free up more cash for OpenAI as it scales, but it also changes the return equation for Microsoft. Watch for how Microsoft responds publicly and whether this affects the companies' broader cloud and product partnership.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
