OpenAI has withdrawn its endorsement of the SWE-Bench Pro benchmark for evaluating AI coding capabilities, citing an internal audit that found design flaws in approximately 30% of its tasks. The company warns these issues can distort the true performance of AI models.
Strategy Inc. has introduced a new capital management framework featuring a $2.55 billion USD reserve and a program authorizing the sale of its Bitcoin holdings. The plan also establishes two $1 billion repurchase programs and raises the dividend for its STRC preferred stock.
Investors are awaiting key economic reports on Thursday, including weekly jobless claims and existing home sales, for insights into the labor and housing markets. Remarks from Federal Reserve officials are also anticipated, which could offer clues on monetary policy.
Speaking after a NATO summit in Ankara, former U.S. President Donald Trump said he does not believe a full-fledged conflict with Iran will resume following recent military exchanges. Trump asserted that any future incidents would be resolved "very quickly."
According to a JPMorgan analyst, MicroStrategy's recent shift from a strict buy-and-hold strategy to one allowing Bitcoin sales introduces significant uncertainty and risk for the wider cryptocurrency market. The business intelligence firm is a major holder of the digital asset.
The price of Bitcoin rose on Thursday, briefly topping $62,000 after a U.S. jobs report came in weaker than expected, leading investors to believe the Federal Reserve may pause interest rate hikes.
Bitcoin's price surpassed $62,000 and is set for a weekly increase, buoyed by softer U.S. jobs data and a return to net inflows for spot Bitcoin ETFs. The recovery follows a recent drop below $58,000.
According to a person familiar with the matter, Bank of America has provided a $520 million loan to OpenAI, its first to the AI company as it prepares for a potential initial public offering.
The German developer of mobile mast systems for military applications has set its final IPO offer price, resulting in a total placement volume of €129.6 million. The company's market capitalization is expected to be approximately €259.9 million upon listing.
