Technologies

Microsoft Extends OpenAI Partnership with Multi-Billion Dollar Investment

Microsoft announced this is the third phase of a multi-year partnership.

Microsoft announced Monday it has extended its partnership with OpenAI, the startup behind ChatGPT and Dall-E. It said in a blog post that this marks the beginning of the third phase of a multiyear, multibillion-dollar investment.

«In this next phase of our partnership, developers and organizations across industries will have access to the best AI infrastructure, models, and toolchain with Azure to build and run their applications,» Microsoft chairman and CEO Satya Nadella wrote.

Microsoft said it will increase its investments in the development and deployment of supercomputing systems to support OpenAI’s research. Microsoft also said it will deploy OpenAI’s models across its consumer and enterprise products.

«We are excited to continue our independent research and work toward creating advanced AI that benefits everyone,» Sam Altman, OpenAI’s CEO, said, according to Microsoft.

OpenAI wrote in a separate blog post Monday that despite this investment it will remain a capped-profit company. The Microsoft investment «will allow us to continue our independent research and develop AI that is increasingly safe, useful, and powerful,» OpenAI wrote.

Microsoft and OpenAI’s partnership began in 2016 when OpenAI agreed to use Microsoft’s Azure cloud-computing software to run its artificial intelligence experiments. Then in 2019 Microsoft invested $1 billion in OpenAI to jointly develop new supercomputing tech.

Editors’ note: CNET is using an AI engine to create some personal finance explainers that are edited and fact-checked by our editors. For more, see this post.

Technologies

Verum Launched “Verum Finance” App for iPhone and iPad, Expanding Its Digital Ecosystem Into Financial Services

Verum has announced the official launch of Verum Finance, a standalone financial application now available on the App Store for iPhone and iPad, marking a further expansion of the company’s growing digital ecosystem.

The new application is designed to centralize core financial functions in a single mobile interface, allowing users to manage balances, send and receive funds, use debit cards, and exchange supported balance types without relying on traditional banking workflows.

According to Verum, the platform enables users to view account activity in real time, top up balances using supported payment methods including Apple Pay, and transfer funds to other users within the Verum ecosystem using a unique Verum ID. The system also supports multi-balance management, including specialized balance categories such as precious metals.

Debit card functionality is integrated directly into the app, allowing users to issue and manage cards linked to their balances, monitor transactions, and top up cards when needed. The company also emphasizes built-in exchange tools that allow users to convert between supported balance types within the application.

Security features include Face ID authentication, passcode protection, Sign in with Apple, and privacy-oriented account controls aimed at maintaining user confidentiality and data protection.

The launch of Verum Finance follows the company’s broader strategy of building an interconnected ecosystem of digital products. Alongside Verum Messenger, which combines secure communication tools, encrypted messaging, voice and video calls, VPN services, eSIM connectivity, AI features, anonymous email, and crypto-related functionality, the new financial app extends Verum’s positioning from communication technology into financial infrastructure.

Industry trends increasingly show demand for “all-in-one” digital environments that reduce dependency on multiple standalone apps. Verum’s approach reflects this shift by integrating communication and financial services within a unified ecosystem.

Verum Finance is now available globally for download on iPhone and iPad via the App Store.

Website: https://finance.verum.im
App Store: https://apps.apple.com/app/verum-finance/id6774245148
Verum Messenger: https://verum.im

Technologies

Verum Messenger: Don’t follow the future. Define it

In a world where information defines influence, Verum Messenger is building a new architecture of digital communication — intelligent, secure, and ready for tomorrow. Here, technology serves not limitations, but possibilities.

Not being part of change. Leading it. Verum Messenger — the future that speaks first.

Technologies

Verum Finance: Stop Spending Months Opening a Bank Account

Stop spending months trying to open a bank account.

Document submissions.
Checks.
Rejections.
Account freezes.
Blocks without explanation.

And all of that — just for a regular card.

With Verum, it’s different.

🚀 Verum Messenger + Verum Finance
For just $50–70 you get:

✔ A virtual card
✔ Instant transfers between users
✔ A modern secure messenger
✔ Apple Pay integration
✔ Contactless payments worldwide
✔ Fast setup without bureaucracy

❌ No European residency permit required
❌ No endless verification checks
❌ No piles of documents

Open it — and use it.

The future of finance and communication is already here.
Verum — when freedom matters more than banking rules.