ToplineOpenAI is now leaning toward delaying its public debut from later this year to next year, unnamed sources told The New York Times, as Elon Musk’s SpaceX stock tumbles after its record IPO and the public tech market slumps more broadly. WASHINGTON, DC – JUNE 3: CEO of OpenAI Sam Altman talks to reporters following…
silicon wafersgettyChina’s focus on technology self-reliance has minted a new billionaire as investors pile into the shares of semiconductor component maker Chongqing Genori Technology. The firm’s shares have soared almost 1,200% from its initial public offering price within days of its Wednesday market debut in Shanghai, leading Chairman and CEO Wang Bing to amass a…
Y Combinator-backed insurance tech startup Corgi became embroiled in yet another controversy earlier this week when Papermark, maker of open source data room software, accused Corgi of stealing its software and passing it off as its own. Corgi denies this. “No code was used from Papermark,” the company tells TechCrunch. But there were reasons why…
Euro zone bond yields decline as oil prices drop
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AI agents are becoming more sophisticated. They are evolving from answering questions to autonomously executing multi-step complex tasks. But before these agents can be trusted to book trips or conduct financial analysis on behalf of users, model providers and the startups building such agents want to ensure that they perform reliably across a vast range…
Dollar hits 13-month highs as investors bank on rate hikes
The S&P 500 has been running ahead of Wall Street’s targets all year. Banks that set their year-end forecasts in December have been revising them upward, sometimes more than once. Barclays joined the list again on June 23. Venu Krishna, the firm’s head of U.S. equity strategy…
Kitty litter and food for my 18-year-old cat, Caroline, usually weighs more than the rest of our groceries put together. Having those items delivered right to our door makes sense, and during the Covid pandemic, it was sometimes a necessity. Tens of millions of other pet owners discovered the same …
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