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OpenAI’s books show zero debt and just $46mn of quarterly capital spending. The catch, reported by The Information: around $665bn of commitments sitting just off the balance sheet, now heading for regulators’ desks. On paper, OpenAI looks like a lean software business. The reality is far heavier. As at 31 March, the ChatGPT maker had […]

UPS has announced a $48 million investment in 27 temperature-controlled freight cross-dock facilities spanning the Americas, Europe, and Asia. The facilities are designed for short-term storage between air and ground movements while maintaining specific temperature ranges of 2 to 8 degrees Celsius, 15 to 25 degrees Celsius, and frozen, according to the company. The investment is […]
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