AT&T has booked a $15.5 billion charge on its declining DirecTV satellite business, which has been losing customers as more people cancel their pay TV subscriptions. The telecommunications giant had been hoping to have reached an agreement to sell the business by end of last year, according to people familiar with the situation. AT&T paid $47.4 billion for DirecTV in 2015, but since then...
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Meta, OpenAI Square Off Over Open Source AI
Artificial intelligence leaders and policymakers are divided on a key question: Are cutting-edge AI models too powerful to hand to just anyone? That question has pitted companies such as Meta Platforms, which recently made the code for its conversational AI freely available on the internet, against rivals such as OpenAI that sell proprietary AI like ChatGPT but don’t share the code....
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