Sam Altman just sounded the alarm. In an internal memo circulated Monday, OpenAI’s CEO declared a “code red,” the company’s highest urgency designation, ordering employees to drop everything and fix ChatGPT. The memo’s details were initially revealed by The Information. The development came as Google’s Gemini 3 surged past OpenAI on key benchmarks last month,
The recent decision to pause production increases by the Organisation of the Petroleum Exporting Countries and allies highlighted the complex situation the cartel finds itself in. OPEC’s desire to regain market share has to take a backseat as the cartel and its allies navigate a tricky phase, where stabilising oil prices has become more important.
Credo Technology reported a stronger-than-expected second quarter, swinging to a profit as revenue more than tripled on the back of accelerating investment in artificial intelligence training and inference systems. The provider of high-speed connectivity solutions for data centers said demand for scale, density, and power efficiency in next-generation AI systems continues to rise rapidly. Shares
Palantir stock price has dropped into a local bear market after falling by ~20% from its highest point this year. PLTR was trading at $167, down from the year-to-date high of $207. So, will the stock rebound amid heightened valuation concerns? Palantir growth is continuing Palantir is a top company offering services to companies and
In a reminder of how quickly tokenisation is transforming Brazil’s capital markets, the firm Fenynx completed its first capital raising by selling equity backed by B3 tokens through a crowdfunding platform. According to local media outlet InfoMoney, the sale marks a watershed moment for the Brazilian stock exchange: it is the first equity crowdfunding platform
A major philanthropic push by Michael and Susan Dell is set to widen financial access for millions of young Americans as the couple commits $6.25 billion to expand the reach of “Trump Accounts”. The donation will provide 25 million children with $250 each to start an investment account, extending a programme that was originally designed
Masayoshi Son rarely shows vulnerability. But speaking at a Tokyo finance forum Monday, Japan’s boldest tech investor admitted something that revealed the emotional weight of AI’s trillion-dollar arms race: he “was crying” as SoftBank sold its entire $5.8 billion Nvidia stake in November. The confession cuts straight to the heart of today’s AI investment frenzy,
Unstoppable Women of Web3 and AI today announced the inaugural winners of its Most Inspirational Women of AI and Web3 awards, recognising leaders driving innovation at the intersection of artificial intelligence and blockchain technologies. The awards program celebrates women nominated by the community for their meaningful contributions to the industries. Among the honorees, nearly half
Gold is beating Bitcoin by a wide margin, and the explanation lies not just in price charts but in who’s doing the buying. Since January 2024, gold has surged 58% while Bitcoin has fallen roughly 12%. Gold hit a record $4,381 per ounce in October and now trades near $4,216, up nearly 59% year-to-date. Bitcoin,
