1. Microsoft Renegotiates Its OpenAI Deal
Microsoft is in advanced discussions to secure ongoing access to OpenAI’s technology—even if OpenAI achieves artificial general intelligence (AGI). The current agreement may limit Microsoft’s use at that stage. Talks also include revisions to Microsoft’s equity stake and OpenAI’s transition to a public-benefit corporation. Reuters
2. The Trillion-Dollar AI Infrastructure Race
Tech giants are ramping up AI investments. Google plans to spend $85 billion this year, Amazon $100 billion, and Meta between $64–$72 billion on cloud and AI infrastructure. At the same time, artists are suing these companies for using their work in AI training data. Adobe promotes an artist?friendly alternative. The Guardian
3. Ransomware Exploits AI and Hits Government Systems
Over 400 Microsoft SharePoint servers—including U.S. federal agency systems—have been compromised by ransomware linked to a China-based group. Attackers use AI chatbots to pressure victims during negotiations. A new security startup called Nebulock now offers real-time threat hunting integrated with major enterprise security tools. Axios
4. OffDeal Launches AI?Native Investment Banking
OffDeal, a newly founded investment bank, automates most sell?side M&A tasks using AI, operating with fewer than ten staff. The firm charges a 5% success fee and aims for $100 million in revenue by 2027 after raising $12 million in Series A funding. Financial Times
5. AI Fashion Startups Capture $1.1 Billion Funding
Fashion tech is using AI to disrupt design and sustainability. Startups like Geniemode, Smartex AI, and Raspberry AI are among those that raised over $1.1 billion globally in 2025 so far. These firms offer AI-powered styling, resale platforms, wardrobe digitisation, and real-time content personalization.
Why It Matters
- Strategic deals: Microsoft’s negotiations with OpenAI reflect shifting dynamics as companies prepare for an AGI future.
- Infrastructure scale: Billion-dollar commitments by major firms signal how foundational AI is to their long-term strategy.
- Security challenges: AI tools are now being weaponised in ransomware and threat-hunting, shifting how cybersecurity must evolve.
- Automation redefined: OffDeal’s model shows how AI replaces many traditional roles—especially in professional services.
- Industry-scale innovation: AI-enabled fashion tech demonstrates how the technology is reshaping consumer experiences and sustainability.