OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025.Justin Sullivan | Getty Images News | Getty ImagesBritain and ChatGPT maker OpenAI have signed a new strategic partnership to expand AI security research collaboration and explore investing in UK AI infrastructure, such as data centers, the government said on Monday.”AI will be fundamental in driving the change we need to see across the country – whether that’s in fixing the NHS (National Health Service), breaking down barriers to opportunity or driving economic growth,” technology minister Peter Kyle said in a statement.”This can’t be achieved without companies…
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SoftBank shares surge over 5.7%Shares of SoftBank Group surged as much as 5.74% Tuesday, extending its gains for the third straight session.Stock Chart IconStock chart iconSoftBank Group sharesThe Japanese investment firm is reportedly set to build a small data center by the end of the year, alongside and ChatGPT creator OpenAI, the Wall Street Journal reported, citing sources familiar with the matter.The data center is likely to be built in Ohio, the report added.The three companies are leading a $500 billion partnership, dubbed “Stargate” to bolster U.S. artificial intelligence infrastructure.The companies, however, had not found common ground over crucial terms of the partnership,…
U.S. Treasury Secretary Scott Bessent sits to testify before a House Ways and Means Committee hearing on Capitol Hill in Washington, D.C., U.S., June 11, 2025. Elizabeth Frantz | Reuters With the job market currently being rough for many — in no small part because of artificial intelligence — it may be tempting to enroll in graduate school in the hopes of securing a better job eventually.Don’t do it. That is, if you have dreams of working at America’s central bank.U.S. Secretary of Treasury Scott Bessent on Monday questioned the Federal Reserve’s decision not to lower interest rates this year…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, crypto prices are mixed to kick off the week after President Trump signed the GENIUS Act stablecoin regulation bill into law late Friday afternoon. And, the latest crypto treasury company, the Ether Machine, will begin trading on the Nasdaq through a merger with blank check company Dynamix Corporation. Plus, Blockchain Association CEO Summer Mersinger breaks down what will change for the crypto industry now that stablecoins are regulated in the United States.10:51Mon, Jul 21 20253:41 PM EDT Source link
South Korea’s new finance minister and the country’s top trade envoy will meet with U.S. counterparts on Friday for talks on U.S. tariffs.RunPhoto | Photodisc | Getty ImagesSouth Korea’s new finance minister and the country’s top trade envoy will meet with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday.The country’s foreign and industry ministers will also visit the U.S. for trade discussions as early as this week, Koo told reporters after a meeting of economic ministers.Koo took office on Monday.The four officials complete a new team under President Lee Jae Myung who was sworn in on June 4 after winning a snap election called after his predecessor’s ouster…
The ‘Fast Money’ trader talk Google surging into earnings. Source link
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesSarepta Therapeutics said on Monday that it will pause all shipments of its Elevidys gene therapy in the United States after a muscular dystrophy patient who received a different, experimental treatment died.U.S. regulators on Friday asked Sarepta Therapeutics to voluntarily halt shipments of its gene therapy. However, the company had first refused to do so.All shipments of Elevidys for Duchenne muscular dystrophy would be temporarily paused by close of business on Tuesday, Sarepta said in a statement. Source link
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin | Getty ImagesExecutives or officers of major companies filed some notable stock sales with the Securities and Exchange Commission last week.Some investors follow company insiders, especially hefty moves or a cluster of moves, on the notion that they would know better than anyone when it’s the right time to buy or sell shares in their company.The data, which is from VerityData, is confirmed against the original SEC filings. These exclude where the filing explicitly says the sale was conducted pursuant to…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyMegan Horneman, Verdence Capital Advisors CIO, joins ‘Fast Money’ to talk positioning portfolios for the second half of the year.05:363 hours ago Source link
Scott McFarlane, chief executive officer of Avalara Inc., center, points to a monitor during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 15, 2018.Michael Nagle | Bloomberg | Getty ImagesTax software company Avalara, which went private in 2022, disclosed on Monday it had confidentially filed for a U.S. initial public offering, indicating plans to go public again amid growing investor optimism for IPOs.The terms of the offering were not disclosed.U.S. IPO activity, sluggish at the start of the year, is gaining momentum following robust investor demand for new offerings.Avalara went public in June 2018 but was taken private in…
