It’s Going to Be Really Hard to Work Out How Much the Shutdown Hurt the Economy – WSJ
The longest government shutdown on record has taken a bite from the economy. But the roiling effects of the closure, as well as the data...
Author : Nelli Avetisyan
Can OpenAI keep pace with industry’s soaring costs? – The Guardian
It is the $1.4tn (£1.1tn) question. How can a loss-making startup such as OpenAI afford such a staggering spending commitment?Answer that positively and it will...
More than half of hedge funds invested in crypto, global survey says – Reuters
Global hedge funds’ exposure to crypto markets is increasing, and more than half are now invested in the sector, with the U.S. government’s embrace of...
Will quantum be bigger than AI? – BBC News
There’s an old adage among tech journalists like me – you can either explain quantum accurately, or in a way that people understand, but you...
Glass-Steagall Act of 1933: Definition, Effects, and Repeal
The Glass-Steagall Act of 1933 forced commercial banks to refrain from investment banking activities to protect depositors from potential losses through stock speculation. Glass-Steagall aimed...
Why the buzziest IPO in history may never happen – CNN
It’s a tad early for 2026 predictions, but given how the past few weeks have gone for OpenAI, I’ll offer one of my own: OpenAI...
Investor angst over Big Tech’s AI spending spills into bond market – The Financial Times
Investors have been selling off the debt of US tech heavyweights, showing how jitters over Silicon Valley’s boom in spending on artificial intelligence have spilled...
The AI Cold War That Will Redefine Everything – WSJ
China’s leaders were anxious and frustrated. The world’s most promising new technology was being dominated by OpenAI, Google and other American companies. Chinese tech companies...
Warren Buffett: ‘I’m going quiet’ – CNN
Warren Buffett, in his annual message as CEO of Berkshire Hathaway to shareholders – a tradition dating back to 1965 – said that he will...
SoftBank sells Nvidia stake for $5.8bn as it prepares for AI investments – The Financial Times
Masayoshi Son’s SoftBank Group has sold its entire stake in Nvidia for $5.8bn and said net profit more than doubled in its second quarter as...