(Reuters) - Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger "Grok" this week, days after he sued OpenAI for abandoning its original mission in favor of a for-profit model. The billionaire has warned on several...
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Reuters
GoldenTree raises $1.35 billion in first private credit fund
By Carolina Mandl NEW YORK (Reuters) - GoldenTree Asset Management raised over $1.35 billion for its first pure private credit fund, the firm said in a statement on Monday, getting a strong foothold in a booming market. The firm, with $53 billion in assets under...
Stocks backpedal from record highs on US payrolls, yields dip
By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday, before Wall Street took profits, while U.S. Treasury yields dipped after not-too-hot, not-too-cold U.S. jobs data reinforced the conviction that the...