South Korean shares slide as AI sector concerns, Fed rate stance hit chipmakers

Chinas EV pirate ship is coming for Western carmakers The U.S. is the one major auto market that has kept BYD out. But this will not end well unless the West unites.

politico.eu · about 3 hours ago

Former OpenAI CTO does what Altman wont: releases a frontier AI model thats actually open Thinking Machines first open weights model is a 975 billion parameter alternative to Chinese LLMs

the register · about 3 hours ago

June in Financial Markets: A Record Quarter Closes as Hawks Circle and Chips Slide - The Baltic Times Following highly geopolitically volatile spring, a June 14 U.S.–Iran framework has seemingly reopened the Strait of Hormuz, draggi......

baltic times · about 3 hours ago

South Korea stocks slump after first rate rise in 3 years Bank of Koreas first move under Shin Hyun-song comes amid concern over persistent inflation and currency weakness

financial times · about 3 hours ago

Food inflation is finally slowing. So why could your supermarket bill start rising again? Food inflation in Europe is easing, but the recent oil and fertiliser shock could still push up supermarket prices with a delay of more than a year, while this summers extreme weather is likely to be a bigger driver of eurozone food inflation next year than the Iran war, according to economists.

euronews · about 3 hours ago

I associate them with a day-off: Tokyo workers encouraged to wear shorts to work to save on AC People in Japan - where many workers are forced to wear suits to work - are divided over whether shorts are appropriate for work, with one saying, I just dont think hairy legs look very neat.

euronews · about 3 hours ago

AI platform aims to streamline marketing workflows for businesses in Cyprus It often starts with something simple. A flyer that needs to go out, a brochure that has been sitting in a folder, a presentation that must look sharper, or a month of social media posts that nobody in the team has time to design. For many businesses, especially smaller ones, the problem is not the […]

cyprus mail · about 3 hours ago

KI: Techkonzern Apple erhält Genehmigung für eigene KI in China Chinas Behörden haben „Apple Intelligence in die Liste zugelassener KIs aufgenommen. Der US-Techkonzern arbeitet dafür mit Alibaba und Baidu zusammen – und unterwirft sich inhaltlicher Zensur.

handelsblatt · about 3 hours ago

This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here. If I had a nickel for every time President… #mix #geopolitics #iran Posted into FLIPBOARD EXCHANGE FEED 🗞️ @flipboard-exchange-feed-Econopass

mastodon bot · about 4 hours ago

Morning Briefing: Die Regeln der bilanziellen Schwerkraft gelten auch für Elon Musk Die Aktie des Elon-Musk-Unternehmens fällt unter den Ausgabepreis. Dabei hatten Analysten vergangene Woche erst neue Rekordkurse prophezeit. Selbst schuld, wer daran geglaubt hat.

handelsblatt · about 4 hours ago

Energy IPOs surge as investors hunt for ways to play AI boom Companies coming to market raise money at fastest pace this century, although many stocks perform poorly later

financial times · about 4 hours ago

Can UBS finally crack the American market? Swiss group wants to be valued as a global wealth manager rather than a European bank but lags far behind Wall St rivals

financial times · about 4 hours ago

Downing Street calls in private equity bosses amid London listing woes Government wants to encourage UK IPOs of portfolio companies as FTSE exodus continues

financial times · about 4 hours ago

Netflix under pressure to prove growth strategy in second-quarter results Netflix is under pressure to reassure investors about its growth strategy when it reports second-quarter results later on Thursday, as its ​user engagement has faltered amid growing competition from traditional media ‌players, YouTube and mobile viewing. The streaming giant has shed over a fifth of its value this year due to doubts about its growth […]

cyprus mail · about 4 hours ago

Lionsgate Studios explores potential sale amid renewed takeover interest Lionsgate Studios (LION.N), the entertainment company behind the Hunger Games and John Wick franchises, is exploring a sale and has attracted takeover interest from Frances Bollore Group (BOLL.PA), as consolidation accelerates across the media industry, three people familiar with the matter said. The company, which has ​a market value of about $3.8 billion, has been […]

cyprus mail · about 5 hours ago

UK banks face cybersecurity risks amid restricted access to Anthropics Mythos UK banks inability to access Anthropics ​powerful AI model Mythos emphasises the urgent need for Britain to build its own AI capabilities and adopt a more strategic ‌approach to the technology, a government-appointed banking sector adviser said. Harriet Rees, the Starling Bank chief information officer who was appointed AI champion by the finance ministry in […]

cyprus mail · about 5 hours ago

Brookfield-backed Csquare prices IPO at $21 per share, Bloomberg News reports reut.rs/44xVVK9

bluesky_Reuters · about 5 hours ago

Nuclear fuel firm Standard Nuclear raises $150 million in US IPO reut.rs/4fjk5Nt

bluesky_Reuters · about 5 hours ago

Corporate Indias record outbound investments add pressure to rupee Outflows come as foreign investors flee countrys markets at fastest pace ever this year

financial times · about 6 hours ago

SpaceX sell-off wipes $1tn from Musks rocket group Stock trades below $135 for first time since AI and space conglomerates Wall Street debut in June

financial times · about 6 hours ago

South Korea stocks slump after first rate rise in 3 years Bank of Koreas first move under Shin Hyun-song comes amid concern over won weakness and reliance on energy imports

financial times · about 6 hours ago

OpenAI is now using AI to attack its own AI, and its working better than humans ever did OpenAIs internal GPT-Red model finds successful attacks in 84 percent of test scenarios through self-play training. Human red teamers manage just 13 percent. The results feed directly into hardening models like GPT-5.6 Sol. The article OpenAI is now using AI to attack its own AI, and its working better than humans ever did appeared first on The Decoder.

the decoder · about 7 hours ago

Apple raises AppleCare+ prices as the memory shortage spreads from hardware to services Apple has raised the monthly cost of AppleCare+ subscriptions by 50 cents for Macs and iPads, Bloomberg reported on Tuesday, extending a wave of price increases that has already hit the companys hardware lineup. Annual plans went up by five dollars. The increases apply only to new sign-ups, meaning existing subscribers will keep their current […] This story continues at The Next Web

the next web · about 7 hours ago

A hack just showed how Sunos AI music was really built: millions of scraped songs For years, musicians have said AI song generators fed on their work without asking. A hacker just opened the black box and showed them exactly how. Leaked source code from Suno, one of the biggest AI music tools, tells the story. It trained its model by scraping millions of songs and lyrics from across the […] This story continues at The Next Web

the next web · about 7 hours ago

OpenAI built an AI super-hacker to break its own models, then locked it away OpenAI has trained an elite hacker, then locked it in a cage. Its whole job is to break OpenAIs own AI. The company says it is too dangerous to let anyone else near it. The model is called GPT-Red, and OpenAI detailed it this week. It is an automated red-teamer: software that hunts for ways […] This story continues at The Next Web

the next web · about 7 hours ago

FirstFT: Chinas economy grows at one of lowest rates in years Also in todays newsletter: Oil traders warn over fresh supply crunch and Oracle leads race to supply Japan with top-secret cloud services

financial times · about 7 hours ago

Thinking Machines debuts Inkling, a giant open model it admits is not the best We believe in keeping the weirdness alive. That line comes from a manifesto Mira Muratis lab published last week. It is also the thinking behind the labs first model. Thinking Machines Lab, founded by the former OpenAI chief technology officer, has released Inkling. It is open-weight, so any developer or company can download the model […] This story continues at The Next Web

the next web · about 7 hours ago

OpenAI is showing Kalshis World Cup odds inside ChatGPT, its first prediction market deal OpenAI has begun displaying prediction market odds from Kalshi inside ChatGPT search results, marking the first time the company has partnered with a regulated betting exchange. The integration, first reported by the New York Times, shows real-time odds for 2026 FIFA World Cup matches with a Source: Kalshi label but no outbound links or Kalshi […] This story continues at The Next Web

the next web · about 7 hours ago

An OpenAI researcher is leaving to build a $2bn AI drug startup that has no name yet No name. No product. No confirmed funding. And, possibly, a $2bn price tag. That is the shape of the newest bet in AI drug discovery. Miles Wang, a researcher at OpenAI, is leaving to start his own company, TechCrunch reported. He is in talks to raise about $200m at a $2bn valuation, with Lightspeed in […] This story continues at The Next Web

the next web · about 7 hours ago

Walden Robotics launches with $300M, and its factory humanoids have no legs Walden Robotics has launched from stealth with $300m and a $1.1bn valuation. The Toyota spin-out builds humanoids for factories, and it left off the legs on purpose. If you listen to the people on the factory floor, they arent ready, and they dont want them yet. That is Russ Tedrake, telling Bloomberg why his new […] This story continues at The Next Web

the next web · about 7 hours ago