Breaking AI & Tech News Analyzed

The Co-op Group has announced that its chief executive, Shirine Khoury-Haq, will step down this weekend after a challenging year that included a cyber-attack and recent claims of a “toxic” culture at the business.Khoury-Haq will depart on 29 March, and Kate Allum, a board member and former boss of the dairy group First Milk, will step in as interim boss while a permanent replacement is sought.The company, which owns more than 800 funeral parlours and an insurance and legal advisory business, as well as operating more than 2,000 convenience stores, reported an underlying loss of £125m. This is a significant drop from a £45m profit the year before, largely due to a £107m profits hit from the damaging IT hack.Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture, stating that her decision to leave was a personal one. She expressed her desire to “go and do something else”.Sales at Co-op fell 2.3% to £11bn in the year to 3 January, following the mutual’s shops being left with gaps on shelves after the cyber-attack, which knocked £285m off sales.The group cited a “contracting convenience market” and “layered cost headwinds” of about £150m during the year, due to increases in employers’ national insurance, pay and packaging taxes.Khoury-Haq’s departure comes a month after reports of concerns about the culture at the top of the group. In February, the Co-op defended the behaviour of its bosses after reports said senior managers had complained of a “toxic” environment at the retailer.

Los Angeles Rams star receiver Puka Nacua is facing a civil lawsuit filed by a woman named Madison Atiabi, who claims he made an antisemitic statement and bit her on the shoulder on New Year's Eve. According to the lawsuit, Nacua allegedly said 'fuck all Jews' during a dinner in Los Angeles, which Atiabi, who is Jewish, found deeply distressing.The lawsuit also alleges that Nacua bit Atiabi on the shoulder, leaving teeth marks, and also bit her friend's thumb 'with such force that her companion screamed in acute pain.' The suit cites gender violence and negligence in addition to the antisemitic remark and biting incident.Nacua's attorney, Levi McCathern, has strongly denied the allegations, stating that multiple sober witnesses confirm Nacua never made the claimed comments. McCathern described the bites as 'horseplay' and announced that Nacua intends to sue Atiabi for defamation. This development comes after Nacua apologized last December for performing a gesture that invoked antisemitic tropes during an internet livestream.The 24-year-old receiver had a stellar season with the Rams, leading the league with 129 catches, 1,715 yards, and 10 touchdowns, and then leading the NFL again in playoff catches. His future with the Rams includes eligibility for a contract extension this offseason that could make him one of the highest-paid receivers in NFL history.

The United States has recently presented a 15-point plan as part of its ongoing diplomatic efforts with Iran. This proposal is seen as a significant move in the complex and often tense relationship between the two nations. While specific details of the plan have not been disclosed, it is understood to cover a range of critical issues that have been points of contention between the US and Iran. These may include nuclear negotiations, economic sanctions, and regional security concerns. The proposal comes at a time when diplomatic efforts between the US and Iran have been intensifying, with both sides seeking to find common ground to address their differences. The Iran nuclear deal, from which the US withdrew in 2018, remains a central point of discussion, with the US pushing for stricter controls on Iran's nuclear program in exchange for relief from economic sanctions. The international community has been closely watching these developments, given the potential impact on global security and energy markets. A successful negotiation could lead to a more stable Middle East and lower oil prices, while a failure could exacerbate tensions and lead to further instability.

OpenAI has announced the shutdown of its social media app Sora, which allowed users to share short-form videos generated by artificial intelligence. The decision comes amid growing concerns over the potential for deepfakes and nonconsensual content.The app, launched in September, aimed to capture the attention and advertising dollars of short-form video platforms like TikTok and Instagram. However, advocacy groups, academics, and experts raised alarms about the dangers of AI-generated videos, leading to proliferation of realistic deepfakes and "AI slop".OpenAI was forced to crack down on AI creations of public figures, including Michael Jackson, Martin Luther King Jr, and Mister Rogers, doing outlandish things, after an outcry from family estates and an actors' union.The shutdown affects a $1 billion deal between OpenAI and Disney, which was announced three months ago. The deal included Disney investing $1 billion in OpenAI and lending over 200 of its iconic characters for use in short, AI-generated videos. However, the transaction never closed, and no money changed hands.Disney stated that it respects OpenAI's decision to exit the video generation business and shift priorities elsewhere. The abrupt cancellation of Sora illustrates the messy process of streamlining as OpenAI prepares for a potential stock market debut later this year.

The United States Department of State has approved a significant arms deal worth $16.5 billion to Gulf states, including the United Arab Emirates, Kuwait, and Jordan. This move comes as tensions between the US and Iran continue to intensify. The deal includes $8.4 billion worth of arms to the United Arab Emirates, which will be used to purchase drones, missiles, radar systems, and F-16 aircraft. Additionally, the US has approved roughly $8 billion for air and missile defense radar systems to Kuwait. Jordan will receive an additional $70.5 million to cover aircraft and munition support. The State Department stated that the proposed sale will support the foreign policy and national security objectives of the United States by improving the security of a major defense partner. The UAE is considered a force for political stability and economic progress in the Middle East. This arms deal comes amid ever-increasing tensions between the US and Iran. The administration of US President Donald Trump joined Israel in attacking Iran on February 28, prompting fears of a protracted regional conflict. The war has also caused energy prices around the world to surge. Iran has largely choked off tanker shipments through the Strait of Hormuz, a waterway through which a fifth of the world’s oil and gas travels. Gas prices in the United States have jumped from $3.10 per gallon ($0.82 per litre) on average this time last month to $3.88 ($1.02 per litre) on Thursday, according to the American Automobile Association (AAA). The principal contractors in Thursday’s proposed sales will include RTX Corporation, Northrop Grumman, and Lockheed Martin Corporation. Despite the deals, all three companies’ stocks are trending downward on Wall Street. The Pentagon is seeking more money to fund the war, with the US Department of Defense seeking an additional $200 billion, according to The Associated Press. Defense Secretary Pete Hegseth acknowledged that he was seeking a significant spending boost from Congress.

QatarEnergy has invoked force majeure on certain long-term liquefied natural gas (LNG) supply contracts, impacting customers in Italy, Belgium, South Korea, and China. This decision comes as the company faces production and supply disruptions due to the ongoing conflict between the US, Israel, and Iran.The force majeure clause, commonly included in contracts, allows a party to be excused from its obligations under unforeseen circumstances. This is not an isolated incident, as petroleum companies in Kuwait and Bahrain have also recently invoked force majeure.The global energy market has been significantly affected since the US and Israel began their attacks on Iran on February 28. Iranian missile and drone strikes across the Middle East, particularly in the Gulf region, have targeted crucial oil and gas facilities. These actions have led to international condemnation and have essentially closed the Strait of Hormuz, a vital waterway through which approximately one-fifth of the world's oil and LNG supplies pass.QatarEnergy's CEO, Saad al-Kaabi, recently reported that an Iranian attack on Qatar's Ras Laffan gas facility resulted in the loss of about 17 percent of the country's LNG export capacity. This damage is expected to cause an estimated $20 billion in lost annual revenue and threatens supplies to Europe and Asia. The repairs are anticipated to sideline 12.8 million tonnes of LNG production per year for three to five years.The conflict escalated after the Israeli military targeted Iran's offshore South Pars gasfield, prompting Qatar and other Gulf countries to condemn the attacks on energy infrastructure. These actions are viewed as threats to global energy security and violate international law and the United Nations Charter.

NASA has unveiled a significant shift in its moon and Mars strategy, allocating $20bn over the next seven years to construct a base on the moon's surface. This move comes as part of a broader overhaul of NASA's long-term Moon-to-Mars strategy, aimed at supporting long-term human presence on the lunar surface.NASA Administrator Jared Isaacman outlined the changes, which include increasing robotic missions to the moon and laying the groundwork for nuclear power on the lunar surface. The agency plans to repurpose some components of the Lunar Gateway station for use on the moon's surface instead of building the station in lunar orbit.The planned moon base will be supported by robotic missions that will help prepare the site, test technologies, and begin building infrastructure before astronauts return later this decade. Additionally, NASA disclosed plans to launch a spacecraft called Space Reactor 1 Freedom before the end of 2028, a mission designed to demonstrate nuclear electric propulsion in deep space on the way to Mars.The spacecraft will deliver helicopters on Mars, similar to the Ingenuity robotic test helicopter that flew with NASA's Perseverance rover. This step aims to move nuclear propulsion technology from laboratory testing to operational space missions. The changes to NASA's flagship Artemis programme are reshaping billions of dollars' worth of contracts and come as the United States faces growing competition from China, which is aiming to land astronauts on the moon by 2030.

US President Donald Trump has asserted that negotiations to end the war on Iran are ongoing, claiming Tehran is eager to make a deal. Speaking at the White House, Trump stated the US is talking to 'the right people' about a potential agreement, mentioning a 'very big present' related to 'oil and gas' allegedly gifted by Tehran. Trump's claims come as fighting continues, with Iran launching attacks on Israel and a strike near Iran's Bushehr nuclear plant. Iran's parliament speaker, Mohammad Baqer Ghalibaf, had previously dismissed Trump's claims as 'fake news.' Media reports suggest Washington has sent Iran a 15-point plan to end the war, which includes ending Iran's nuclear program and reopening the Strait of Hormuz. A Reuters/Ipsos poll found 61% of Americans disapprove of the attacks on Iran, while 35% approve. Iran's Ministry of Foreign Affairs acknowledged receiving messages from 'friendly countries' indicating a US request for negotiations. Negar Mortazavi, a senior non-resident fellow at the Center for International Policy, stated Iran would seek to end the war on its 'own terms,' including establishing deterrence and economic gains. Despite Trump's diplomatic efforts, Israeli military spokesman Effie Defrin said Israel's war plan remains 'unchanged,' aiming to 'deepen the damage and remove existential threats.' The US is reportedly preparing to send thousands of soldiers to the Middle East, fueling fears of a longer conflict.

The Iran war is threatening to disrupt shipping of crucial parts manufactured in the Gulf, potentially delaying large offshore wind projects in Europe. Industry sources are concerned that components ordered from suppliers in the United Arab Emirates could become trapped if shipping remains effectively blocked through the strait of Hormuz.These projects include two giant offshore windfarms planned for UK waters, as well as a series of projects that will supply offshore wind power to Germany and the Netherlands. The UK windfarms, which will lie off the coast of Norfolk, were each awarded a 20-year support contract from the British government just a month before Iran effectively closed the strait of Hormuz.The developer behind the plans, the German renewables group RWE, has contracted a Dubai-based company to deliver more than 180 components from its UAE fabrication yard while the windfarms are constructed. The windfarms are expected to supply the equivalent of about 4m UK homes before the end of the decade, meaning they would play an important part in supporting Britain’s aim to quadruple offshore wind capacity by 2030.A spokesperson for RWE said it had begun liaising closely with its supply chain partners amid the Middle East conflict, which has included airstrikes against key infrastructure. “Our primary focus is the safety of those working in the area,” they said. “To date there has only been a limited effect on our supply chain partners’ activities, but we are monitoring the situation closely and putting mitigation plans in place should the situation continue for a prolonged period.”The shutdown of the strait may also have an impact on a large project by the transmission operator TenneT that will link offshore wind projects in the German North Sea to mainland Germany. The company has contracted a UAE fabrication yard to deliver structural steel components, including a 5,461-tonne jacket foundation built for the BorWin6 high-voltage transmission project.