President Donald Trump is set to host a White House dinner with a prominent group of Wall Street executives on Wednesday night, including CEOs from JPMorgan Chase, Goldman Sachs, and BlackRock.
Read More Trump to host WH dinner with top Wall Street executives
The purchase from Australian Macquarie Asset Management is the first deal for the AI Infrastructure Partnership which also includes Abu Dhabi-based fund MGX and Elon Musk’s startup xAI.
Read More BlackRock, Nvidia-backed group strikes $40 billion AI data center deal
OpenAI is releasing an AI video-generating app called Sora that lets people create and share AI videos that can be spun from copyrighted content and shared to social media-like streams.
Read More OpenAI launches new AI video app spun from copyrighted content
BofA Global Research on Friday forecast the U.S. Federal Reserve to deliver two 25 basis point cuts, in September and December, after a soft jobs report.
Read More BofA expects Fed to deliver two cuts this year after soft jobs report
Robots competed in sports such as track and field, and table tennis, as well as tackled robot-specific challenges from sorting medicines and handling materials to cleaning services.
Read More Robots race, play football, crash and collapse at China’s ‘robot Olympics’
The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.
Read More S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week