OpenAI’s circular deals

Leading US AI labs are releasing cheaper models to compete with cut-price alternatives from Chinese rivals. Venezuela’s government and opposition unite to demand $4bn in gold reserves back from the Bank of England. A flood of foreign currency bond issuance by Big Tech groups is s ...  Show more

Anthropic investors expect the AI start-up to be the largest ever initial public offering, and US inflation edged lower to 3.4 per cent in July as petrol prices declined. Plus, Iranian businesses are increasingly resorting to “buy now, pay later” schemes as the cost of living spi ...  Show more

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Emmanuel Macron gave his outgoing prime minister, Sebastien Lecornu, 48 hours to negotiate with France’s political parties in a last-ditch effort to prevent the country from fall ...  Show more

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French Prime Minister Francois Bayrou proposed scrapping two national holidays, part of a drastic effort to repair public finances that’s set to unleash a parliamentary backlash in the fal ...  Show more

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ...  Show more

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast: 1)   David Cameron’s appointment as British foreign secretary has provoked criticism of the former premier’s warm relationship with China, a closeness that is at odds with the current skept ...  Show more