By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks retreated for a second straight session on Monday, easing further from a record high ahead of U.S. inflation data this week which could heavily influence the Federal Reserve's interest rate path. Stocks...
Category
Reuters
Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source
(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...
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...