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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called out slow bureaucracy in Europe in a warning that a “weak” continent poses a major economic risk to the US. “Europe has a real problem,” Dimon said Saturday at the Reagan National Defense Forum. “They do some wonderful things on their safety nets. But they’ve … Read more
When Nvidia this week said it would take a $2 billion stake in chip design company Synopsys, it was just the latest in a string of massive investments announced by the chipmaker this year. Nvidia has also said it would take a $1 billion stake in Nokia, invest $5 billion in Intel and $10 billion … Read more
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank is caught in a bind as soaring government bond yields risk upending its policy normalization process. The Bank of Japan faces a stark choice: sticking with its … Read more
“Uncertainty” is the word of 2025—whether its macroeconomic uncertainty, geopolitical uncertainty, policy uncertainty or technological uncertainty. “We’re all navigating choppy waters,” said Kevin Bethune, founder and chief creative officer of dreams • design + life, a “think tank” focused on design and innovation services, at the Fortune Brainstorm Design conference in Macau on Dec. 2. … Read more
When it comes to recycling, few materials can match aluminum. It can be reused an infinite number of times, and it’s often cheaper to recycle than to produce new aluminum because it requires so much less energy. Yet only about a third of the aluminum used in the U.S. gets recycled. The problem lies in … Read more
I was settling into one of those airport activity tables with high stools and electric outlets at my flight’s gate, waiting for the agent to announce boarding, when I felt a gathering storm at the apex of my butt cheeks. This was my last flight after being away from home on a book tour in … Read more
OpenAI says ChatGPT will now ditch the em dashes if you tell it to. The telltale sign that supposedly signals text written by AI has popped up everywhere in recent months, including in school papers, emails, comments, customer service chats, LinkedIn posts, online forums, ad copy, and more. The inclusion of the em dash has … Read more
Boeing has signed a deal with startup Charm Industrial to remove 100,000 metric tons of carbon from the atmosphere. Charm collects agricultural and forestry waste and uses heat to turn it into a product it calls “bio-oil,” a messy jumble of hydrocarbons that it injects underground, including into former oil wells. Once sequestered, Charm can … Read more
Microsoft is taking a page from OpenAI’s playbook, literally. Bloomberg first reported that the tech giant plans to leverage its partner’s custom chip development to bolster its own struggling semiconductor efforts, a move that looks increasingly pragmatic given Microsoft’s lackluster performance compared to rivals like Google and Amazon. The arrangement is straightforward: OpenAI is designing … Read more
SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether AI’s biggest deals are creating real economic value or just moving money in circles. … Read more
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