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OpenAI and Anthropic Introduce New Models, Cut Costs as Cheaper Rivals Intensify Pressure
OpenAI and Anthropic are cutting the cost of their latest artificial intelligence models, signaling a shift in the frontier AI race from simply building...
AI Spending Could Hit $1tn Next Year as Hyperscalers Fuel a New Investment Boom,...
The artificial intelligence investment boom is showing few signs of slowing, with spending across the hyperscaler ecosystem potentially reaching $1 trillion next year, JPMorgan...
India’s $2.3 Billion NSE IPO Draws $10 Billion in Bids Despite Premium Valuation
India's National Stock Exchange has received more than $10 billion in investor bids for its $2.3 billion initial public offering, underscoring the strength of...
Nvidia-Backed Iambic Files for IPO as Biotech Defies a Choppy US Listing Market
Iambic Therapeutics, a drug developer backed by Nvidia and Qatar's sovereign wealth fund, has filed for a U.S. initial public offering, adding another biotechnology...
Tesla Enters Vietnam EV Market, But Faces Homegrown Giant VinFast
Tesla is laying the groundwork to enter Vietnam, targeting one of Southeast Asia’s fastest-growing electric vehicle markets but also one where a powerful domestic...