OpenAI is reportedly struggling to improve its next big AI model. It’s a warning for the entire AI industry.
OpenAI CEO Sam Altman. OpenAI’s next flagship artificial-intelligence model is showing smaller improvements compared with previous iterations, The Information reported, in a sign that the booming generative-AI industry may be approaching a plateau. The ChatGPT maker’s next model, Orion, showed only a moderate improvement over GPT-4, The Information said, citing some employees who have used…
JPMorgan says watch this market threshold for when the Trump bump in stocks will end
With market enthusiasm around Donald Trump’s presidential election victory pushing stocks and crypto to record highs. JPMorgan says investors looking for signs of rally fatigue should be watching the Treasury bond market. In new research, the firm’s equity-strategy team pinpointed the 5% level on the 10-year Treasury yield as a possible inflection point for US…
Trump told Putin not to escalate the war in Ukraine in their first postelection call, a report said
President-elect Donald Trump told Russian President Vladimir Putin not to escalate the war in Ukraine during a phone call on Thursday, The Washington Post reported. President-elect Donald Trump told Russian President Vladimir Putin not to escalate the war in Ukraine, The Washington Post reported on Sunday. The outlet said the two leaders spoke by phone…
Who will be in Trump’s administration? A breakdown of the people who will shape key policies over the next 4 years.
President-elect Donald Trump has begun filling key White House positions. Now that President-elect Donald Trump has secured another four years in the White House, he’s beginning to staff his administration. The former and future president refused to talk in detail about potential appointees during the campaign, leaving plenty of room for speculation about his eventual…
Melania Trump taps Goldman Sachs exec for help staffing her team
Melania Trump is turning to Wall Street for staffing advice. Former and future First Lady Melania Trump is turning to John Rogers, a partner at Goldman Sachs, for staffing advice during the transition to the White House, Semafor reports. Rogers is Goldman’s Executive Vice President and Secretary to the Board of Directors, according to the…
Student-loan borrowers can expect 2 of Biden’s key debt relief efforts to face roadblocks under Trump
Student-loan borrowers can expect to face debt relief roadblocks under President-elect Donald Trump. Student-loan relief is now a lot more uncertain for millions of federal borrowers. Two efforts, in particular, are in the hot seat. President Joe Biden’s SAVE income-driven repayment plan, intended to give borrowers cheaper monthly payments and a shorter timeline for relief,…
Elon Musk and MAGA’s next big fight: Who replaces Mitch McConnell?
Elon Musk and a variety of MAGA-aligned figures are loudly backing Florida Sen. Rick Scott to be the next Senate Majority Leader. With President-elect Donald Trump now on his way to the White House, his allies are settling on a new target: Getting a loyalist installed as Senate Majority Leader. Ahead of Mitch McConnell’s long-awaited…
Is this going to be a Twitter presidency or a TV one?
Donald Trump and Elon Musk are now intertwined. What does that mean for Donald Trump and X, the new version of Musk’s Twitter? Donald Trump is going to be president again. Elon Musk, one of his biggest backers, owns Twitter. Does this mean Twitter is going to be more important in the Trump 2.0 era?…
Deckmatch uses AI to find and streamline deals for investors. Check out the 13-slide deck it used to raise $3.1 million.
Deckmatch cofounders Walid Mustapha, CTO, and Leo Gasteen, CEO. A startup that helps private market investors automate their work has secured $3.1 million in seed funding. Norway-based Deckmatch has developed an API that takes unstructured data — such as pitch decks and investment memos —and turns it into structured data. This data can be embedded…
