Microsoft closes at record high amid renewed optimism surrounding OpenAI

Tuesday’s trading session saw Microsoft close at a record high of $360.53 on the back of renewed growth expectations from a significant artificial intelligence partner. The software maker’s market value has increased by 1.12% per day to approximately $2.68 trillion. All the main American indexes saw gains for the day; the S&P 500 saw its…

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UK invests $273 million in AI Supercomputer to Compete with US and China

The United Kingdom’s government announced that it will invest £225 million, or $273 million, in artificial intelligence supercomputer. This move underscores the nation’s goal of becoming the technological leader as it tries to catch up to China and the United States. The supercomputer, named Isambard-AI after the British engineer of the 19th century, Isambard Brunel,…

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US consumer prices increased by 0.4% in September, more than expected

Inflation remained a top concern for policymakers in September as consumer prices increased at a slightly faster-than-anticipated rate for a variety of goods and services. According to a recently released Labor Department report, the consumer price index increased 0.4% from the previous month and 3.7% from the previous year. The corresponding Dow Jones estimates were…

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