OpenAI has unveiled its 'o3' reasoning AI models in a test phase, but no further details are provided about the new technology. In other news, Qualcomm has defeated Arm's claim over a chip design licence breach. The global car market is expected to grow modestly in 2025 despite faltering output. Uber investors are calling for more transparency into driver pay. Samsung Electronics and Texas Instruments have finalised their Chips Act awards. Volkswagen has unveiled major job cuts as part of its cost-saving drive, while Tether has reported net profits of US$10 billion for 2024. Google may loosen search deals in a US antitrust case.
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