Advances in AI Research and Technology OpenAI Debuts GPT-5: The week’s headline in AI was the launch of OpenAI’s GPT-5, a next-generation language model unveiled just days prior. Billed as a “major upgrade,” GPT-5 boasts “PhD-level” expertise across domains from coding to healthcare reuters.com reuters.com. OpenAI CEO Sam Altman hailed it as the first model…
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Markets & Economy Technology Finance & Deals Energy Retail & Luxury Transportation Real Estate Sources: Bloomberg; Reuters; CNBC; Wall Street Journal; Financial Times; company press releases.
Tech Giants Double Down on Generative AI Innovation OpenAI’s GPT-5 Takes Center Stage: The past week saw OpenAI launch its GPT-5 model, a new powerhouse that is “multiples more capable than the previous generation” according to Kunal Kothari of Aviva Investors reuters.com. The release of GPT-5 – along with rival Anthropic’s Claude for Financial Services…
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Markets & Economy: Stocks Rally on Rate Cut Hopes Global markets surged in mid-August as investors bet on imminent central bank easing. In the U.S., the S&P 500 and Nasdaq hit new record closing highs on August 13, buoyed by growing confidence that the Federal Reserve was nearing a rate-cut cycle reuters.com. The Dow Jones…
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From Wall Street hitting new highs to an AI upstart targeting a piece of Google’s empire, the past two days brought a flurry of major developments across global business. Below is a structured roundup of the top news from August 12 and 13, 2025, spanning finance, technology, energy, retail, automotive, and healthcare. Finance & Markets…
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Over the past two days, the global AI arena has seen a whirlwind of breakthroughs, blockbuster deals, policy twists and market swings. From billion-dollar takeover bids and open-sourced supermodels to government crackdowns and ethical debates, here’s a comprehensive roundup of the major AI developments from August 12–13, 2025. Major Research Breakthroughs New Product Launches &…
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Finance Australia Slashes Rates: The Reserve Bank of Australia cut its benchmark interest rate by 25 basis points to 3.6% on Tuesday – its third cut this year – citing cooling inflation and a dip in economic momentum reuters.com reuters.com. Governor Michele Bullock signaled that further easing may be on the horizon, saying forecasts imply…
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Introduction: A Frenzy of AI Fortunes in 48 Hours The past two days have seen AI stocks swing wildly – some skyrocketing on blockbuster news, others crashing after shocking disappointments. From chipmakers riding an AI-fueled rally to software upstarts delivering record growth (and others issuing dire warnings), investors got a whirlwind tour of the AI…
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Global business headlines this weekend spanned soaring stock markets, game-changing tech launches, energy sector pivots, and major deals across industries. From Wall Street’s record run and central bankers hinting at rate cuts, to an AI revolution with OpenAI’s latest model and mega-merger talks in media, the Aug 9–10 news cycle covered every sector. Below is…
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Global Market Movements Stocks & Equities Wall Street Rally: U.S. stock markets extended their summer rally. The Nasdaq Composite notched a record high for the second day in a row on Friday, driven by booming tech shares (Apple and peers) and optimism about potential interest rate cuts reuters.com reuters.com. The S&P 500 rose 0.8% and…
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