Category: finance
-
LSEG Partners with OpenAI to Integrate ChatGPT with Financial Data
The London Stock Exchange Group (LSEG) has announced a strategic partnership with OpenAI to integrate its financial data and analytics into ChatGPT, the AI-powered conversational tool. The collaboration, revealed on Wednesday, aims to enhance LSEG’s data-driven services and provide employees with advanced AI tools for financial analysis. Revolutionizing Financial Data with AI Under the partnership,
-
AI Companies’ Safety Practices Lag Behind Global Standards, Study Finds
A recent study has revealed that leading artificial intelligence (AI) companies—including OpenAI, Anthropic, xAI, and Meta—are failing to meet emerging global safety standards, raising concerns about the future of superintelligent AI systems. The findings were published in the latest edition of the Future of Life Institute’s AI Safety Index on Wednesday. AI Safety Practices Under
-
Global AI Boom Triggers Severe Memory Chip Shortage, Disrupting Tech Supply Chains**
The rapid global acceleration of artificial intelligence development is now fueling a critical shortage of memory chips, creating an intense scramble across the technology and consumer-electronics industries. Companies from smartphone manufacturers to cloud-computing giants are competing for limited supplies of the essential components that power everything from AI training clusters to everyday mobile devices. Industry
-
Fed Data Signals the Central Bank May Finally Be Turning a Profit Again
After nearly three years of operating at a financial loss, new data indicates that the U.S. Federal Reserve may have begun making money again. The shift marks a major turning point for the central bank, whose balance sheet was heavily strained by its pandemic-era policies and aggressive interest rate hikes aimed at fighting inflation. Recent
-
UN Warns AI Could Deepen Global Inequality, Triggering a New ‘Great Divergence’
A new report from the United Nations has raised alarms over the global impact of artificial intelligence, warning that the technology could widen inequality between wealthy and developing nations unless governments take urgent, coordinated action. The report, titled “The Next Great Divergence,” was published by the United Nations Development Programme (UNDP) Asia and Pacific regional
-
Canada’s Q3 GDP Surges 2.6% Amid Crude Oil Exports and Government Spending
Canada’s economy grew at a faster-than-expected pace in the third quarter of 2025, with annualized GDP growth of 2.6%, Statistics Canada reported Friday. The growth surprised economists who had forecast a modest 0.5% increase, raising hopes that the country has avoided a technical recession after a revised contraction of 1.8% in the previous quarter. What
-
UK Chancellor Unveils Major Tax Hikes Amid Forecast Leak Controversy
United Kingdom Chancellor of the Exchequer, Rachel Reeves, has announced sweeping tax increases totaling £26.1 billion ($34.4 billion) in her latest budget, aimed at stabilizing public finances amid slowing economic growth. The announcement comes in the wake of a highly embarrassing forecast leak by the Office for Budget Responsibility (OBR), which prematurely published economic projections,
-
JP Morgan Now Expects Federal Reserve Rate Cut in December
BENGALURU, India – J.P. Morgan has revised its outlook for U.S. monetary policy, now predicting that the Federal Reserve (Fed) will implement a 25-basis-point interest rate cut in December, reversing its earlier expectation of holding rates steady until January. The shift in JP Morgan’s forecast follows recent comments from key Fed officials, including New York
-
Pentagon Considers Adding Alibaba, Baidu, and BYD to China Military-Linked Companies List
WASHINGTON, D.C. – The Pentagon has reportedly concluded that Chinese tech and manufacturing giants Alibaba Group Holding (9988.HK), Baidu Inc (9888.HK), and BYD Co (1211.HK) should be added to the U.S. Department of Defense’s list of companies that aid the Chinese military, according to Bloomberg News. Deputy Defense Secretary Stephen Feinberg notified U.S. lawmakers of
-
China’s Tech Giants Move AI Model Training Overseas to Access Nvidia Chips
BEIJING, China – Leading Chinese technology firms are increasingly training their artificial intelligence (AI) models abroad to gain access to Nvidia chips, circumventing U.S. restrictions aimed at limiting China’s advancement in advanced technology, according to a report by the Financial Times. Companies such as Alibaba (9988.HK) and ByteDance are reportedly leveraging data centers in Southeast
Recent Posts
- Real Madrid Top Earners Globally as Liverpool Surpasses Manchester United
- Andoni Iraola’s Future at Bournemouth Remains Uncertain Amid Transfer and Contract Questions
- “Over 5,000 Men Want to Marry Me” — Nkechi Blessing Cries Out Over DM Flood
- Fela’s Daughter Fires Back at Wizkid Amid Seun Kuti Feud
- Chioma Sparks Reactions With Humorous Response to Unwanted DMs
Hi, this is a comment. To get started with moderating, editing, and deleting comments, please visit the Comments screen in…