
OpenAI plans self-regulation, sabotage in the Netherlands, DeepL update and BASF IPO
AI-generated summary
The AI industry is under increasing regulatory pressure. BASF is striving for a strategic realignment.
OpenAI wants to jointly define rules for artificial intelligence with Anthropic and Google. The US technology company Open AI wants to set rules for artificial intelligence (AI) together with its competitors Anthropic and Google. A self-regulatory organization should be created for this, Open AI explained on Tuesday. The background is warnings from the industry that the technology could become uncontrollable.
According to the information, the model is the private supervisory organization Finra, which oversees securities trading in the USA on behalf of the Securities and Exchange Commission (SEC). Several former employees of AI companies had raised the alarm about the risks.
Train traffic in large parts of the central and northern Netherlands was brought to a standstill this morning due to sabotage on the tracks. According to the network operator ProRail, previously unknown perpetrators laid pipes over the tracks on various sections of the route. Such and similar materials were discovered in a total of 30 places.
It is clear that the pipes were "put there intentionally," a spokeswoman for ProRail told the Dutch news agency ANP. As a result, the railway's computer system received signals that the tracks in the affected areas were occupied and could not be used.
Dutch Prime Minister Rob Jetten described the acts of sabotage as “life-threatening”. It aims to "destabilize society," said Jetten, according to ANP. However, he has not yet been able to comment on whether it is terrorism or not. The results of the police investigation would have to be awaited.
The Cologne-based AI startup DeepL is significantly expanding its technology for language translation in real time. With new language models for the “DeepL Voice” application, the German AI pioneer no longer just wants to translate spoken words, but also wants to preserve the individual sound of the voice as well as the tone, pace of speech and emotions across language boundaries. The Cologne-based company wants to assert itself against competition from US technology companies such as Microsoft, OpenAI and Google.
The US space company SpaceX has won the first customer for its new business area Starfall. The company Space Cargo, which specializes in the integration of space cargo, has signed a corresponding contract, its boss Nicolas Gaume told the Reuters news agency. The mission is planned for 2028 on board the first commercial flight of the new SpaceX spacecraft Starship.
The French oil company Total Energies relies on artificial intelligence (AI) to explore fossil mining sites. He announced a three-year partnership with French AI company Mistral in Paris on Tuesday, involving an investment of more than 100 million euros.
Tech billionaire Elon Musk is no longer pursuing a lawsuit in which he accuses Apple of unfair competition. He dragged the iPhone company and the ChatGPT inventor OpenAI to court over a year ago.
The Chinese electric car manufacturer BYD wants to introduce its first heavy truck "ETT 44" in Europe next year and is also planning truck production in the long term. "In the long term, we will produce everything we sell in Europe here," said Stella Li, BYD's vice president.
The chemical giant BASF is pushing ahead with plans for the billion-dollar IPO of its agricultural division next year. The Ludwigshafen-based group has commissioned four investment banks to accompany BASF Agricultural Solutions on the Frankfurt Stock Exchange.
AI outlook — possibilities, not facts
BASF's agricultural division will go public in the second half of 2027.
Likely · Within months

Investors on Wall Street are selling their positions ahead of the Fed's expected interest rate decision. Dow Jones, S&P 500 and Nasdaq are trading in the red. Yields on ten-year US government bonds reached 5.04 percent, their highest level in 19 years.

The Houthi militia is threatening shipping in the Red Sea, forcing shipping companies like Hapag-Lloyd to take costly detours around the Cape of Good Hope. Experts warn of systemic risks for the global economy due to dependence on maritime bottlenecks.

Gasoline prices in Germany are rising to record levels. The cause is geopolitical tensions, including the blockade of the Strait of Hormuz, the situation at Bab al-Mandab and attacks on Saudi infrastructure, which are putting pressure on the global oil market.

China's exports to the EU reach a record level of 352 billion euros. Imports are increasing massively, particularly in the automotive, chemical and mechanical engineering sectors. The EU Commission is examining possible protective tariffs in response to price dumping and subsidies.

The Vienna Stock Exchange has acquired an 80 percent majority stake in the Hamburg company database North Data. With the acquisition, the exchange operator is diversifying its sources of income and opening up new customer groups outside of the capital market.

Actress Sydney Sweeney promotes the Novig betting platform, triggering a wave of criticism from female athletes. The campaign has been criticized as sexualizing, while prediction markets are seen as a dangerous, barely regulated form of gambling for young men.