OpenAI Backtracks on Plans to Drop Nonprofit Control

OpenAI said on Monday that it was restructuring as a public benefit corporation, allowing the nonprofit that controls OpenAI to retain its grip on the company. The decision is a victory for OpenAI’s critics, including one of its founders, Elon Musk, who complained that the company was too focused on profits and had abandoned its…

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Moody’s cuts India’s 2025 GDP growth forecast to 6.3% amidst Trump’s trade tariff uncertainty

Moody’s has maintained its growth prediction for India at 6.5% for 2026, following a projected 6.7% growth in 2024. (AI image) Moody’sRatings has reduced India’s GDP growth forecast for 2025 to 6.3% from 6.5%, attributing the revision to heightened global policy uncertainty and trade limitations. The agency has also highlighted that increasing geopolitical friction between…

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