Entrepreneurship
Walmart partners with OpenAI to offer shopping on ChatGPT
The firms are jointly creating a certification programme to train employees on effectively using AI at work[CHICAGO] Walmart is teaming up with OpenAI to enable shoppers to browse and...
JPMorgan lifts interest income forecast after profit beats estimates
[BENGALURU / NEW YORK] JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading and investment banking businesses...
Broadcom to launch new networking chip, as battle with Nvidia intensifies
The Thor Ultra will rival Nvidia’s chips and strengthen Broadcom’s dominance in AI data centre networking[SAN FRANCISCO] Broadcom is launching a new networking chip on Tuesday (Oct 14) that...
Samsung plans bonuses tied to share price in major pay overhaul
The move underscores the firm’s effort to address growing dissatisfaction within the ranks[SEOUL] Samsung Electronics is awarding shares and bonuses based on stock price to rank-and-file employees for the...
Yen is being hammered; can the Japanese currency recover against Singdollar and greenback?
Despite the sharp sell-off, the currency could be poised to strengthen in the medium to long term[SINGAPORE] The yen has weakened dramatically over the past week, tumbling against the...
OpenAI taps Broadcom to build its first AI processor in latest chip deal
The agreement extends a wave of AI chip investments driving the race toward human-equivalent intelligence[SAN FRANCISCO] OpenAI has partnered with Broadcom to produce its first in-house artificial intelligence processors,...
US: Wall Street opens higher after Trump cools rhetoric on China
[NEW YORK] Wall Street’s main indexes opened higher on Monday (Oct 13) following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns...
As AI-bubble fears spread, a US$35 billion fund manager positions for inflows
Impax has had a rough ride in recent years, as low-carbon investments that did not pan out were followed by lost mandates[LONDON] Impax Asset Management Group is positioned to...
Instant IP Strategies for Inventors to Prevent Intellectual Property Risk
To create a new invention is a significant accomplishment, but such achievements are often swept aside by a lack of intellectual property (IP) protections. Inventors tend to rush the...
US: Wall Street ends sharply higher on Trump China comments; Broadcom surges