OpenAI’s Partners Are Footing Its Breakneck Buildout Bills, And A Major US Exchange Went Dark For Hours
OpenAI’s partners are footing its breakneck buildout bills – and they’re taking on loads of corporate debt to do so – while a major US exchange went dark for hours after a data center lost its cool (literally).Today’s stories:OpenAI’s Swiping Partners’ Cards For Expensive… GereCME’s Exchange Broke Down After A Key Data Center Got Brain FreezeTry Finimize ProÂ
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The UK Announced Higher Taxes, And HSBC Thinks OpenAI Will Need To Supplement Revenue With Fundraising
The UK’s taxes will inch higher – but investors kept the stock market firmly in place – while HSBC said OpenAI will need to supplement revenue with fundraising to keep up with its data center costs.Today’s stories:The UK Announced Higher Taxes – But Only After Spoiling Its Own RevealHSBC Handed OpenAI The Check – And The Firm Might Need To Pay CreditTry Finimize ProÂ
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Alphabet’s Chips May Have Stolen Another High-Profile Customer From Nvidia, And The S&P 500 Welcomed Memory Provider Sandisk
Alphabet’s chips may have stolen another high-profile customer from Nvidia – and investors applauded the achievement – while the S&P 500 welcomed its latest entrant: memory provider Sandisk.Today’s stories:Alphabet Might Be Celebrating A Billion-Dollar BetrayalThe S&P 500’s New Entrant Is Making MemoriesTry Finimize Pro
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Drugmaker Novo Nordisk’s Stock Fell 5%, And Alibaba’s Answer To ChatGPT Got Over Ten Million Downloads
Novo Nordisk’s stock fell 5%, after its blockbuster weight-loss drug failed to prove useful for treating Alzheimer’s, while Alibaba’s answer to ChatGPT got over ten million downloads in a week – and earned the stock a tidy bump.Today’s stories:Investors Punished Novo Nordisk For Its Trial And ErrorInvestors Gave Alibaba’s AI App A Perfect Ten… Million DownloadsTry Finimize ProÂ
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US Stocks Had A Wild Week, And Japan’s Betting Big On Stimulus
US stocks swung wildly as AI dreams clashed with bubble fears, while Japan’s betting big on stimulus – even if it has to borrow to do so.Today’s stories:Stocks And Crypto Fell As AI Fears Ramped Up, Spooking InvestorsJapan Unveiled A Stimulus Package That Was Less A Question Of If, But YenTry Finimize ProÂ
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