OpenAI and Anthropic are tightening restrictions on certain investment vehicles as investor demand for stakes in the leading artificial intelligence start-ups surges, according to reporting from the Financial Times. Both companies have
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Elon Musk attempted to recruit Meta chief executive Mark Zuckerberg to help finance a near-$100 billion bid to take control of OpenAI earlier this year, according to court documents reported by the
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OnlyFans has paid out a record $701 million in dividends to its owner Leonid Radvinsky, underscoring the profitability of the UK-based subscription platform as it explores a potential multibillion-dollar sale, according to
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JPMorgan Chase is opening the doors to its new $3 billion headquarters in midtown Manhattan, a 60-storey tower that has been described by employees as a monument to chief executive Jamie Dimon’s
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Donald Trump’s sweeping cuts to U.S. renewable energy subsidies have thrown the industry into turmoil, raising fears that the country will fall behind in meeting surging power demand driven by the artificial
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Singapore-based container shipping group SeaLead has denied ties to the Iranian regime after U.S. sanctions forced it to withdraw a third of its fleet from service, according to the Financial Times. The
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North Korean leader Kim Jong-un was shown kneeling before portraits of soldiers killed while fighting for Russia in Ukraine and embracing returning troops in a ceremony broadcast by state media on Friday.
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By the early 1980s, South Africa’s system of racial apartheid had evolved from an issue of limited concern to becoming a major issue globally. Years of campaigning by anti-apartheid activists, the Congressional
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The US government has revived its campaign to label Venezuela a “narco-state”, accusing its top leadership of drug trafficking and slapping hefty bounties on their heads for capture. This campaign, which only
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When will the International Monetary Fund (IMF) learn to think? Over its eighty-one year history, the IMF has published over fifteen thousand reports. Yet, if you download any one of the reports
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If you look at the news, the media treats the Asia Pacific Economic Cooperation (APEC) Forum more like a gala than a policy forum about regional economic policies. Despite high level meetings
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The Trump administration made a massive political blunder on August 20th in its pursuit of a peace deal between Russia and Ukraine. The blunder centered on a “virtual” meeting led by NATO.
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Beijing has launched a regulatory push to restrict domestic technology groups from purchasing Nvidia’s China-specific artificial intelligence chip, the H20, after U.S. commerce secretary Howard Lutnick made comments that senior Chinese officials
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The Commonwealth Bank of Australia (CBA) has scrapped plans to eliminate 45 customer service roles after pressure from the Finance Sector Union (FSU), which challenged the bank’s reliance on artificial intelligence as
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North Korea has been quietly running a sprawling long-range missile base just 27 kilometers (17 miles) from the Chinese border, according to a new report that highlights Pyongyang’s growing nuclear capabilities and
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