Oil prices hit a three-week high on Monday as peace talks between the US and Iran stalled, while China blocked Meta's acquisition of AI agent startup Manus. Meanwhile, Elon Musk and Sam Altman faced off in court over whether OpenAI has strayed from its founding mission as a non-profit AI research lab.
- Oil prices rise: US-Iran negotiations faltered, pushing crude to its highest level in three weeks. Analysts warn of further volatility if diplomatic channels remain blocked.
- OpenAI lawsuit: Musk's legal team argued that OpenAI's for-profit restructuring betrays its original charter. Altman countered that the shift was necessary to fund advanced AI development.
- Korea partnership: Google DeepMind announced a partnership with the Republic of Korea to collaborate on AI research and talent development.
Sources: Guardian business live, Guardian technology, Google DeepMind blog