In a massive secondary sale, OpenAI may offload about $6 billion of stock to SoftBank and Thrive Capital, valuing the company at about $500 billion, with roughly 700 million weekly ChatGPT users and a $12 billion revenue run-rate in the first seven months of 2025. Oil prices slid as Brent crude traded around mid-$65 per…
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OpenAI released GPT-5 during Aug 17–18, 2025 rollout, billed as a major upgrade with strong coding, math, and science capabilities, while Sam Altman acknowledged it still lacks self-learning. In China, Pan Jianwei’s team used AI to position over 2,000 neutral-atom qubits in 3D in 1/60,000 of a second, a 10× larger array than prior work,…
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The Dow Jones Industrial Average hit an all-time intraday high, surpassing its December peak of 45,073 to join Nasdaq and the S&P 500 in 2025 highs. Warren Buffett’s Berkshire Hathaway disclosed a stake in UnitedHealth Group, sending UnitedHealth shares up about 9.5%. Nvidia’s market capitalization climbed to $4 trillion amid AI-driven rally. The Nasdaq Composite…
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Bridgewater Associates more than doubled its Nvidia stake to 7.23 million shares, a $1.14 billion position, and boosted bets on Alphabet and Microsoft by 84% and 112% respectively in Q2 filings. Tiger Global Management added 4 million Amazon shares, ending June with 10 million Amazon shares worth $2.34 billion, and lifted positions in Alphabet, Nvidia,…
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Dow Jones Industrial Average hit an intraday record and closed up 0.08% on Friday, while the S&P 500 fell 0.3% and the Nasdaq dropped 0.4%. The U.S. 10-year Treasury yield rose to about 4.32% as traders priced in Fed rate cuts later this year. San Francisco Fed President Mary Daly said two rate cuts sometime…
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In Q2 2025, Ray Dalio’s Bridgewater more than doubled its Nvidia stake and added to Alphabet and Microsoft. Chase Coleman’s Tiger Global bought millions more Amazon shares and increased positions in Alphabet, Nvidia, Microsoft and Meta. A Bank of America fund manager survey in August 2025 named “long the Magnificent 7” the world’s most crowded…
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Consumer Technology Enterprise IT & Software Telecommunications Cybersecurity Automotive Technology Space Technology Semiconductors & Hardware Fintech & Crypto Biotechnology & Health Tech Robotics & Tech Culture Sources: Reuters, TechCrunch, FDA, FierceBiotech, company press releases, and other reputable outlets as cited above techcrunch.com reuters.com reuters.com reuters.com. This report covers major tech developments around the world from…
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In mid-August 2025, OpenAI unveiled GPT-5, a “major upgrade” with PhD-level expertise across coding to medicine and rolling out to all 700 million ChatGPT users; Sam Altman said it feels like you can ask a legitimate expert about anything, but it cannot learn on its own. A team led by Pan Jianwei in China arranged…
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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.
OpenAI released GPT-5 in August 2025, described as multiples more capable than the previous generation by Kunal Kothari of Aviva Investors. Anthropic unveiled Claude for Financial Services in mid-July 2025, setting context for the GPT-5 release. Apple plans a desk assistant robot by 2027 and an LLM-powered Siri on iPhones possibly in 2026, including a…
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