U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand, according to the Financial Times. “Bessent has signalled to Wall Street that he expects stablecoins, digital tokens that are backed by high-quality securities such as Treasuries, to become an important source of demand for …
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Sam Altman wants to rewire the internet, build brain-computer interfaces, and maybe even buy Google Chrome. He even sees a future where sustaining ChatGPT’s growth means building infrastructure so massive it rivals the world’s largest utilities. But first, he’s cleaning up a mess at the center of his empire: GPT-5. The OpenAI CEO told reporters last week—at a rare, hyper-candid …
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People have ridiculed GPT-5, the newest large language model release from OpenAI, since the second it launched, with many users complaining that it’s dumb, boring, and not as good as the last LLM that the company released. Sam Altman, the company’s CEO, has some comforting words for those who may be concerned about the direction his company is headed: AI …
Read More »OpenAI’s Sam Altman Expects to Spend ‘Trillions’ on Infrastructure Bloomberg Sam Altman says ‘yes,’ AI is in a bubble The Verge Sam Altman says OpenAI interested in buying Google Chrome – Verge Investing.com Sam Altman Admits the AI Bubble Is Here Inc.com Sam Altman admits that AI is a bubble, but still a big thing theregister.com Source link
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Topline President Donald Trump on Tuesday said his tariffs are taking in “trillions of dollars”—which matches estimates from some economists for revenue his levies could generate, but over the next decade, not so far this year. Treasury Secretary Scott Bessent has projected tariff revenue would reach $300 billion per year. Getty Images Key Facts “Trillions of dollars are being taken …
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