Here's your TMB Tech Minute for Thursday, July 18th.

I'm Zoe Thomas for the Wall Street Journal.

Open AI has released a smaller and cheaper version of the technology that powers

chat gp. The company said the new artificial intelligence model

called gp. T four-o-minny is 60% cheaper to use than the version that

powered chat gp-gp-t until recently. 60% cheaper to use than the version that powered

CHATGPT until recently.

And it scores higher on tests it uses to measure intelligence and

effectiveness.

Small models can be more profitable for AI makers and more useful for business clients that only need

AI tech to do certain tasks well. News Corp, owner of the Wall Street Journal, has a content licensing partnership with Open AI.

Meta platforms is in talks to buy about a 5% stake in eyewear company Esselor Luxottica.

That's according to people familiar with the matter. The two companies

partnered to make Ray-Ban Meta, smart glasses that allow users to take photos and listen to

music with the frames of their glasses, among other features.

Sales of the latest versions of the Ray-Ban Meta have exceeded expectations.

People familiar with the matter said the talks are continuing and may not result in a deal.

And a federal judge has dismissed part of a landmark government lawsuit against solar winds and its top cybersecurity executive.

The case brought by the Securities and Exchange Commission

centers on how solar winds dealt with a breach disclosed in 2020 that affected customers

of the software company, including US government agencies.

The case marked the first time securities regulators went to court with civil fraud claims

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