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[ad_1] The future of the most important partnership in technology depends on Microsoft’s access to the artificial intelligence powering ChatGPT.When OpenAI first demoed a breakthrough feature in May 2024, allowing users to talk to its AI just like a person, it looked as if the company did so in lock-step with its partner and investor, Microsoft. Soon after OpenAI demoed this voice capability for its new GPT-4o model, Microsoft CEO Satya Nadella included it in a keynote speech at the company’s Build developer conference.Behind the scenes, Microsoft had little knowledge of the feature until days before the demo, people involved…

[ad_1] 2025-07-01T17:43:29Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. At 2025’s halfway point, the biggest hedge funds are, for the most part, on par with the stock market. Several funds were stung by the volatility earlier this year. Stocks have since rebounded, and many firms had decent returns in June. Despite a rollercoaster start to 2025, the biggest hedge funds…

[ad_1] If you’re looking to beef up your summer reading, Apple CEO Tim Cook has a list of books that he said left a mark on him.Many major executives are big readers. Warren Buffett would sometimes read 1,000 pages a day when he started his investing career, and he is still an avid reader. Jeff Bezos has held all-day book clubs for his senior management. Elon Musk was influenced by science fiction books at a young age. And, there’s the famous Bill Gates summer reading list.Cook is no exception.Dua Lipa interviewed Cook on an episode of BBC’s “Dua Lipa: At…

[ad_1] Analysts on Wall Street are optimistic about a handful of stocks that they say are in the middle of a turnaround. Stocks closed out the first half of the year at record-highs earlier this week, as investor optimism that trade deals are on the horizon helped lift the S & P 500 more than 10% in the second quarter. U.S. equities staged a sharp comeback from a steep selloff beginning in April that saw the broad market index approach bear market territory . Investors continue to hope that President Donald Trump will make further progress on trade, with his…

[ad_1] After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1 million robots in its warehouses, the company announced Monday. This one millionth robot was recently delivered to an Amazon fulfillment facility in Japan. That figure puts Amazon on track to reach another landmark: Its vast network of warehouses may soon have the same number of robots working as people, according to reporting from the Wall Street Journal. The WSJ also reported that 75% of Amazon’s global deliveries are now assisted in some way by a robot. TechCrunch reached out…

[ad_1] After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1 million robots in its warehouses, the company announced Monday. This one millionth robot was recently delivered to an Amazon fulfillment facility in Japan. That figure puts Amazon on track to reach another landmark: Its vast network of warehouses may soon have the same number of robots working as people, according to reporting from The Wall Street Journal. The WSJ also reported that 75% of Amazon’s global deliveries are now assisted in some way by a robot. TechCrunch reached out…

[ad_1] Stay informed with free updatesSimply sign up to the Hedge funds myFT Digest — delivered directly to your inbox.Ken Griffin’s hedge fund Citadel has been outshone by smaller rivals so far this year, as the firm was stung by the market volatility unleashed by Donald Trump’s trade war. Citadel’s flagship Wellington fund gained 2.5 per cent in the first half of 2025, according to a person familiar with the matter. Balyasny and ExodusPoint were up 7.3 per cent and 9.3 per cent respectively, according to people who have seen the figures. Citadel, which manages around $66bn, is one of…

[ad_1] Stay informed with free updatesSimply sign up to the Global Economy myFT Digest — delivered directly to your inbox.Invest long, borrow short and leverage up as much as possible. That is the way to make money in finance. It is how banks have always made their living. But we also know very well that this story can end in panic-stricken runs for the exit and financial crises. That is what happened in the great financial crisis (GFC) of 2007-09. Since then, as the Bank for International Settlements explains in its latest Annual Economic Report, the financial system has changed…

[ad_1] (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — With the first half of the year wrapping up, Sean and I are taking a look at the best stocks on our Best Stocks in the Market list so far this summer. We’re using June 1st as the starting point to show you the names people have been most excited about on our list. The first thing that jumped out at me was the breadth of sector dispersion among the top ten Best Stocks this…

[ad_1] CNN  —  An immigration judge in Georgia has ordered the release of the Spanish-language journalist and live-streamer Mario Guevara on bail while his immigration process continues, a relative of Guevara confirmed to CNN. Guevara, who came to the US from El Salvador in 2004, has been in Immigration and Customs Enforcement custody for the better part of two weeks. He was recently identified by the US Press Freedom Tracker as the only journalist in custody in the United States. Guevara was arrested on June 14 while covering a “No Kings” protest near Atlanta and charged with improperly entering a…