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OpenAI Secures $6.6 Billion in New Funding, Hits $157 Billion Valuation

OpenAI raises $6.6 billion, boosting its valuation to $157 billion, with investments from Thrive Capital, Microsoft, and SoftBank. Despite optimism, MIT professor Daron Acemoglu warns of overhyped AI potential and possible job disruptions.
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The Rise of E-commerce in Developing Economies: Key Trends and Success Stories

The Rise of E-commerce in Developing Economies: Key Trends and Success Stories

In the past decade, e-commerce has experienced explosive growth worldwide, but…
Russia’s New Crypto Move: Navigating Sanctions with Digital Currency
Russia’s Spending Surge: Booming Economy or Looming Crisis?

Russia’s Spending Surge: Booming Economy or Looming Crisis?

Russia’s economy has been on a surprising upward trajectory, with a noticeable surge in…
Is the US Dollar Losing Its Global Grip? Central Banks Are Gradually Moving Away

Is the US Dollar Losing Its Global Grip? Central Banks Are Gradually Moving Away

The US dollar has long been considered the cornerstone of global forex reserves, but…
Google Executives Awarded 200% Stock Payouts Amid Layoffs and Turbulence

Google Executives Awarded 200% Stock Payouts Amid Layoffs and Turbulence

In a year filled with challenges and layoffs, four top executives at Google have…
NYC Population Decline: Median Earnings Drop to $49K

NYC Population Decline: Median Earnings Drop to $49K

New York City’s population witnesses a significant decline, dropping over 5% or nearly…
Apple’s Vision Pro Loses Its Spark: Not Many Fans After the Big Launch

Apple’s Vision Pro Loses Its Spark: Not Many Fans After the Big Launch

It looks like folks are already over Apple’s Vision Pro, as Bloomberg spills the beans. This…
UBS CEO Sergio Ermotti Discusses the Economic Implications of Inflation

UBS CEO Sergio Ermotti Discusses the Economic Implications of Inflation

Singapore, November 9, 2023 – UBS CEO Sergio Ermotti addressed the pressing issue of inflation during…