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STORY: From another big number at OpenAI, to a disappointment with Apple, this is AI Weekly.

OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter.....

who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors.

Those details show how far the company has come - from a research-based non-profit to the structure changes its willing to make to attract ever more investment.

Intel has won a deal to make custom AI chips for Amazon Web Services.

The once-leading chipmaker is betting its future on a costly turnaround hinging on its foundry unit, or contract manufacturing business.

One analyst said the multibillion-dollar deal gives Intel some credibility as it looks for new customers.

A nursery in Dubai is combining AI with early-years education.

Kids are greeted by a robot dog… with the tech then featuring in everything from whiteboards to sandboxes.

Boss Ekaterina Al-Bakri says it will help the children prepare for later life:

“We give them an additional benefit, you know, that they can use because when you go outside, you see that the world is full of technology, so they need to know how to use it.”

Analysts think there could be weaker demand for the new iPhone 16 Pro models, possibly over the delayed rollout of AI features.

Early pre-order data is showing there are shorter global shipping times for the new phones, compared to last year’s models.

They won’t get so-called Apple Intelligence until next month in the U.S., and even later elsewhere.

And Taiwan is using AI to predict the course of storms.

It says bot-based methods have outperformed traditional systems in predicting typhoon tracks.

In July, the tech predicted a direct hit from Typhoon Gaemi earlier than the usual methods.