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Markets
Max Kettner, HSBC’s chief multiasset strategist, says the investors need to understand the goal posts are constantly moving with AI investing.
Markets
NFL legend Peyton Manning has traded his days on the football field for a quieter life with his family, and has amassed an impressive real estate portfolio along the way.
Technology
Ask most executives to picture the cost of AI and they’ll likely see GPUs—racks of accelerators with gigawatts of power—and a waitlist for silicon. But that picture leaves something out: Data storage costs. What happens to data after a model responds? Much of the back-end data that’s generated—from billions of daily prompts, images, and videos—needs…
Markets
Barclays plans to cut 5,000 jobs, about 5% of its workforce, as AI helps drive efficiency and cost reductions while the bank creates capacity for investment.
Markets
The firm boosted its financing target at least twice as it talked with investors, from 50 billion yuan to 80 billion yuan before reaching the final tally, according to people familiar with the matter
Markets
Cybersecurity experts are urging organisations to identify vulnerable systems, apply software updates and assess potential attacks involving the widely used programming language
Crypto
“Plenty will be ponzis. Plenty will get exploited. Plenty will insta die. There will be ridiculous gains, and people will get absolutely f***ing rinsed,” says Illuvium co-founder Kieran Warwick.
Markets
The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.
Economy
RBI meeting minutes reveal differences over further rate hikes as inflation nears the tolerance band, with economists expecting increases in December and February.
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