Over the next few months, ChatGPT-creator OpenAI will face some of its biggest tests yet, including a high-profile partnership with Apple.
Bitcoin network hits record level of power, but falling profits push miners to AI
Bitcoin mining is becoming a more difficult business as the network gains strength.
Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X after taking fines
Brazil’s supreme court announced that it ordered funds be moved from Starlink and X bank accounts to pay for fines levied against Elon Musk’s social network.
MicroStrategy stock pops 8% after company ups bitcoin holdings to $14.6 billion
MicroStrategy founder Michael Saylor said on Friday that his company purchased an additional $1.1 billion worth of bitcoin.
Tesla Semi fire in California took 50,000 gallons of water to extinguish
The National Transportation Safety Board said on Friday that a Tesla Semi crash last month closed down an artery of Interstate 80 for 15 hours.
China’s retail sales and industrial data miss expectations in August
Growth in the world’s second-largest economy has slowed after a disappointing recovery from Covid-19.
Oracle’s Larry Ellison briefly tops Jeff Bezos to become world’s second-richest person
Oracle is on pace for its best week since 2021, and the rally lifted founder Larry Ellison’s net worth past Jeff Bezos for a brief period on Friday.
Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
Critics say Shein and Temu are able to offer low prices because they evade import duties under the de minimis exemption — a loophole that could soon be closed.
China raising its retirement age may be unpopular but it’s much needed, analysts say
Economists have long called for an overhaul of the nation’s retirement age laws, currently among the world’s lowest, that was set in an era with lower life expectancies.