New York Times business news – May 14

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

– Melinda French Gates is leaving the behemoth foundation she and her former husband, Bill Gates, founded nearly a quarter-century ago to devote herself fully to her work on behalf of women and girls, which has been the focus of much of her recent philanthropy.

– Federal officials will provide up to $120 million in grants to Polar Semiconductor to help the company expand its chip manufacturing facility in Minnesota, the Biden administration announced on Monday, the latest in a string of awards meant to strengthen the U.S. supply of semiconductors.

– OpenAI said on Monday it would unveil a new version of its ChatGPT chatbot, GPT-4o, that can receive and respond to voice commands, images, and videos transforming it into a voice assistant.

– President Biden on Monday ordered a company with Chinese origins to shut down and sell the Wyoming cryptocurrency mine it built a mile from an Air Force base that controls nuclear-armed intercontinental ballistic missiles.