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U.S. stocks are set for a higher open as oil prices decline. Plus, the SpaceX IPO is heating up.
Also: Anthropic advocates for a pause' on AI advancement days after filing to go public on the US stock market Hello, and welcome to TechScape. I'm your host, Blake Montgomery, the US tech editor at the Guardian. Today we're discussing Donald Trump's neediness for AI and the contradictions of Anthropic's safety-first posture. OpenAI confidentially files for initial public offering on US stock market Apple debuts revamped Siri AI' and new child safety features for iPhones...
Rolling coverage of the latest economic and financial news, as the AI trade bounces back OpenAI confidentially files for initial public offering on US stock market The pound is strengthening against the US dollar today, as calm returns to the markets. Sterling is up a third of a cent at $1.3376. A light week in terms of macroeconomic news out of the UK meant the focus for sterling traders was mostly elsewhere. We did see an MPC member (Greene) stating that she would consider voting for a hike at...
Wall Street hit the brakes Tuesday as the chip frenzy that helped power this year's rally sputtered again, reports CNBC . The tech-centric Nasdaq had cratered more than 3%, roughly 770 points, by midday, while the benchmark S&P 500 (down 1.7%) and the Dow (down 0.7%) weren't in much...
Stocks edged higher on Tuesday, marking a tentative recovery from a bout of volatility led by an aggressive sell-off of global technology shares.
OpenAI's filing for an IPO in the US comes hot on the heels of rival AI giant Anthropic.
The company behind ChatGPT files its plans one week after Anthropic did the same.
SpaceX is preparing for a stock market debut that could transform the company, the wider market and Elon Musk's fortune.
The AI giant is targeting a valuation of up to $1 trillion in a stock market debut that could come as early as September.
ChatGPT-maker OpenAI confidentially filed for a U.S. initial public offering, joining rival Anthropic in a push toward the stock market.
ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market history OpenAI has filed confidentially to go public on the US stock market, according to a company blogpost published on Monday. The artificial intelligence giant's debut on Wall Street is expected to be one of the most highly valued listings in market history with a valuation at more than $850bn. "We recently submitted a confidential S-1. We expect it to leak so we're just announcing...
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