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BofA Saw OpenAI as Too Risky, But Now The Bank Wants to Cash In on IPO - Bloomberg.com
Bank of America Corp. handed a $520 million credit line to OpenAI in recent weeks after previously spurning the artificial intelligence giant’s request, according to people with knowledge of the matter.
Jackdaw owner says gas field will 'not materially influence' climate change - BBC
The new assessment was required by the industry regulator, after it found several areas had not been adequately addressed in a previous submission.
Outcry as Meta lets users make AI images from public Instagram profile pics - BBC
The tech giant said people can opt out - but privacy campaigners called it a “recipe for disaster”.
Apple commits $30 billion to Broadcom for U.S. chipmaking push - CNBC
Apple is expanding its Broadcom partnership in a $30 billion-plus chipmaking agreement, its largest American manufacturing commitment to date.
Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels - Bloomberg.com
After losing roughly $1 trillion in market value in less than two months, Nvidia Corp.’s stock is the cheapest it’s been since before the AI boom kicked off and sent the shares into the stratosphere.
Big Market Rotation Sends Korean Stocks Tumbling, China Surging - Bloomberg.com
The AI rotation trade is gathering pace in Asia as investors pull money from the chipmakers that powered this year’s rally and hunt for cheaper ways to play the technology boom.