CNBC Daily Open: AI’s creators sound the alarm — while others keep building the infrastructure
When the AI boom first took off, companies were competing to see what their AI models can do. Now, they reassure investors of what their models CAN’T do.
Forget relying on long-dated Treasurys for protection, strategist says. 4 alternatives he likes
Investors should look beyond the traditional 60/40 equities-and-bonds mix when it comes to building portfolio protection, said GAM Investments’ Julian Howard
There’s still room for rotation into tech, Deutsche Bank says. Here’s why
There is still room to run with regards to rotation in tech stocks due to outperformance in the sector, Deutsche Bank said.
China has three new criteria for humanoid robot IPOs. Few, if any, meet them
China’s securities regulator is raising the bar for public listings of humanoid robot startups with three specific criteria, according to three sources.
India readies $25 billion for Deep Tech investment as U.S. and China race ahead
In a bid to cut its reliance on foreign tech, India tries to catch up with China and the U.S. by readying an investment of $25 billion in Deep Tech startups.
Australia says more hikes not off the table after raising rates to 15-year high
The hike of 25 basis points was in line with expectations by economists polled by Reuters.
U.S., Iran hold separate mediator talks as Mideast oil exports hit war-time high
Iranian and U.S. officials reportedly met separately with mediators Monday to push for a ceasefire, as Middle Eastern crude exports rebounded to war-time high.
State Street CEO Ron O’Hanley on why the right opportunity can come at the wrong time
State Street CEO Ron O’Hanley reflects on the career opportunity he initially turned down before changing his mind, and why it taught him that you can engineer opportunities but seldom their timing. He also discusses curiosity, leadership, mistakes and…
Oil extends gains as Middle East supply concerns persist
The U.S. and Iran are reportedly talking separately to mediators as part of renewed efforts to end the conflict, with regional mediators pushing for ceasefire negotiations.
Anthropic leaders to control AI lab to promote public good over market forces: Reuters
Anthropic’s IPO filing shows how it is creating a new “Founder LLC” vehicle aimed at serving the common good, while insulating its leaders from market forces.
