Keith Rabois was named chairman of Opendoor this week and the company, which he co-founded, hired former Shopify executive Kaz Nejatian as its new CEO. READ FULL ARTICLE

The U.K., like other countries, is courting major U.S. AI players in a bid to boost its own national infrastructure. READ FULL ARTICLE

The European Commission last year accused Microsoft of breaching competition rules with the “abusive” bundling of its Teams and Office products. READ FULL ARTICLE

SK Hynix shares soared Friday as chipmaker announced it was ready to the mass produce its next-generation high-bandwidth memory chips. READ FULL ARTICLE

OpenAI said that its nonprofit parent will continue to oversee the company and have a very large stake in its future. READ FULL ARTICLE