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US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue.
As a reminder, March saw headline CPI in line (energy) while Core CPI actually printed cooler than expected. and we suspect most attention will be on the...
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SpaceX is reportedly targeting a valuation of about $1.8 trillion as it prepares to go public next Friday, trading on the Nasdaq exchange under the ticker symbol SPCX.
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Netanyahu Says He Directed Israeli Military To Take More Territory in Gaza
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Microsoft Slides After Amending OpenAI Partnership, Will No Longer Pay Revenue Share
Microsoft Slides After Amending OpenAI Partnership, Will No Longer Pay Revenue Share
Microsoft and OpenAI announced an amended agreement to "simplify" their partnership structure and to change Microsoft’s license to be non-exclusive and it no longer paying a revenue share to OpenAI.
As a result of the amendment, Microsoft remains OpenAI’s primary cloud partner, and OpenAI products will ship first on Azure. Microsoft will continue to have a license to OpenAI IP for models and products through 2032. Revenue share payments from OpenAI to Microsoft continue through 2030. Microsoft will also continue to...
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