OpenAI, Google and Anthropic Are Struggling to Build More Advanced AI

Nov 13, 2024 | Markets

Three of the leading artificial intelligence companies are seeing diminishing returns from their costly efforts to develop newer models. OpenAI was on the cusp of a milestone. The startup finished an initial round of training in September for a massive new artificial...

China Taps Global Bankers for Feedback to Lift Market Confidence

Nov 12, 2024 | Markets

Officials seek to gauge demand for China assets, money flows Global banks have struggled in mainland amid slow dealmaking China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been quarterly discussions to...

Milei Hints at FX Policy Move After Inflation Slows Below 3%

Nov 12, 2024 | Markets

Consumer prices rose 193% from year ago; April peak was 289.4% Monthly inflation slowed to a three-year low of 2.7% Argentine President Javier Milei foreshadowed Tuesday he would change his currency policy after the end of the year if inflation stays constant in...

Apple’s Next Device Is an AI Wall Tablet for Home Control, Siri and Video Calls

Nov 12, 2024 | Markets

Product will spotlight the new Siri and Apple Intelligence Device will tap into cameras, doorbells and run Apple’s apps Apple Inc., aiming to catch up with rivals in the smart home market, is nearing the launch of a new product category: a wall-mounted display that...

Apollo Invests in Fintech to Boost Service for Private Markets

Nov 12, 2024 | Markets, Private Markets

Vega is scaling a tech platform for alternative asset managers Apollo, Motive Partners lead $20 million Series A funding Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further...