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The case comes at a sensitive time for OpenAI, which is worth a reported $852 billion as it works towards a potential IPO. The lab is also locked into a fierce competition with Anthropic, a rival AI lab in San Francisco that was founded by a group of former OpenAI employees.
Previously filed permits for the plant show it would have 35 turbines and generate 7.65 gigawatts — larger than any gas plant currently operating in the United States. A bigger facility, at 9.2 gigawatts, is planned in Ohio under a public-private partnership involving SoftBank. That plant would connect to the grid as well as power…
PPFAS Mutual Fund CIO Rajeev Thakkar said the recent underperformance of Parag Parikh Flexi Cap Fund is neither unusual nor significant. He defended its long-term strategy, lower cash allocation, and private-bank exposure, including HDFC Bank. Thakkar said market volatility creates opportunities, while the fund avoids popular themes and sees potential in IT services amid AI…
Choosing a mutual fund requires more than examining past returns. Investors should assess risk-adjusted performance using metrics such as Alpha, Beta, Sharpe, Treynor, Information and Sortino ratios, along with standard deviation, semi-standard deviation and R-squared. These measures help compare funds, understand volatility, evaluate manager performance and determine suitability for individual investment goals.
Gold prices surged 7% this week, marking their strongest weekly gain in eight months as falling crude prices, weak US jobs data and resilient central bank demand boosted the metal’s appeal. With geopolitical risks and rate-cut hopes providing further support, analysts see potential for gold to resume its long-term bull run.
BHP workers begin rolling strikes at Port Hedland iron ore hub
Alphatec Holdings general counsel sells $78,821 in ATEC shares
Netlist EVP and CFO Gail Sasaki sells $99,750 in NLST shares
Kinetik Holdings director ISQ Global Fund II GP LLC sells $13.3m shares
The company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud providers and enterprises to deploy GPU clusters used to train and run AI models.