What It Means to Build Local AI
The rapid adoption of US-made, Anglophone large language models has led developers in Southeast Asia to focus on building AI tools that can speak to...
Author : Nelli Avetisyan
Deutsche Bank Aims to Launch Crypto Custody Service in 2026 – Bloomberg
Deutsche Bank AG plans to launch its digital assets custody service next year and has enlisted crypto exchange Bitpanda’s technology unit to help build the...
RBA Could Sit It Out in July to Await Greater Clarity on CPI Outlook – WSJ
There is every chance that the Reserve Bank of Australia will remain sidelined at its policy meeting next week, and choose to wait for second-quarter...
ECB officials question whether euro has strengthened too much – The Financial Times
Just weeks after European Central Bank president Christine Lagarde hailed a “global euro” moment and said the common currency could rival the dollar, some inside...
Bond-Sale Target Could Be Changed, BOE’s Taylor Says – WSJ
The Bank of England might change the target for reducing its portfolio of government bonds over the coming year, a member of the Monetary Policy...
OpenAI signs $30bn data centre deal with Oracle – The Financial Times
OpenAI has agreed to lease 4.5 gigawatts of computing power from Oracle in a deal worth around $30bn a year that is one of the...
Superstar coders are raking it in. Others, not so much – The Economist
Lucas Beyer is not a celebrity. But in Silicon Valley’s rarefied world of machine-learning talent, he is seen as one. A former researcher at OpenAI,...
PODCAST: Can anything stop the US economy?
A lot of people are worried about the Middle East, but markets are doing just fine. Today on the show, Rob Armstrong and Aiden Reiter...
Job openings unexpectedly increased in May – CNN
The “wait-and-see” is turning into a “just-can’t-wait-anymore.”US employers moved forward on plans to increase their workforces in May, with the number of available jobs rising...
ECB Wonders Whether Euro Rally Will Turn From Blessing to Curse – Bloomberg
European Central Bank officials are starting to fret that a rapid appreciation of the euro could derail efforts to anchor inflation at 2%.The single currency...