ChatGPT maker says its new AI model can reason and think ‘much like a person’ – CNN
OpenAI has unveiled a new artificial intelligence model that it says can “reason” and solve harder problems in science, coding and math than its predecessors....
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S&P 500 hits new record after Fed makes jumbo cut to US interest rates- The Financial Times
The S&P 500 hit a record high on Thursday as investors bet the Federal Reserve’s jumbo half-point interest rate cut would help deliver a soft...
Federal Reserve cuts rates by half a point and signals era of easing has begun – The Financial Times
The Federal Reserve cut its benchmark interest rate by half a percentage point on Wednesday and signalled more reductions would follow, launching its first easing...
Tech Jobs Have Dried Up—and Aren’t Coming Back Soon – WSJ
Finding a job in tech by applying online was fruitless, so Glenn Kugelman resorted to another tactic: It involved paper and duct tape. Kugelman, let...
The Fed Isn’t First to Cut Rates, but It Is the Signal Other Central Banks Want – WSJ
The Federal Reserve’s expected rate cut Wednesday will sound the all-clear for overseas central banks that are also concerned about their domestic economic growth. Some...
With inflation staying at 2.2%, will Bank of England cut interest rates this week? – The Guardian
For a second month running, inflation has fallen short of the Bank of England’s expectations. After beginning the process of cutting interest rates last month,...
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure – The Financial Times
BlackRock is preparing to launch a more than $30bn artificial intelligence investment fund with technology giant Microsoft to build data centres and energy projects to...
Why the hype for hybrid cars won’t last – The Economist
The car industry’s effort to decarbonise revolves around replacing petrol with batteries. A growing number of customers want both. Buyers who cannot afford a fully...
So, You Think You Know ChatGPT? Take Our Quiz and Find Out – WSJ
Since its public debut in 2022, the chatbot ChatGPT from OpenAI has quickly taken center stage in discussions about artificial intelligence and its tools, including...
US dollar trades in the doldrums as rates and data weigh on outlook – The Financial Times
The US dollar is languishing near one-year lows in the latest sign of uncertainty gripping Wall Street traders as they brace for the Federal Reserve’s...