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Follow market-moving stories, policy signals, and company developments curated by the editorial desk.
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Shares of Bloom Energy fell as much as 12% on Wednesday after a report from short seller Hunterbrook challenged the company's statements about its supply chain, particularly its reliance on the rare earth element scandium from China.
OpenAI has released GPT-Live, a new generation of voice models designed to make AI interactions more natural and fluid. The update, now powering ChatGPT Voice, allows the system to listen and speak simultaneously for improved conversational flow.
An internal Department of Justice memo reportedly warned prosecutors that Binance would introduce new requirements for asset freezes, raising questions about its cooperation. The cryptocurrency exchange has denied that any changes to its procedures are being made.
The UK's Takeover Panel has granted an extension for a consortium led by U.S. investment firms KKR and Energy Capital Partners to make a formal offer for Irish energy distributor DCC. The new deadline for the proposed £5.7 billion deal is now July 15.
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.
Deere & Co. has agreed to settle a lawsuit from the Federal Trade Commission and five states that accused the company of illegally limiting who could repair its farm equipment. The settlement requires Deere to grant farmers and independent shops access to the same repair resources as its authorized dealers.
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.
Abu Dhabi's Etihad Airways is close to finalizing an order for 10 Boeing 787 wide-body aircraft, according to industry sources. An announcement could potentially be made during the Farnborough Airshow later this month.
OpenAI has announced the release of GPT-Live, a new family of voice models capable of listening and speaking simultaneously. The company is rolling out two versions, GPT-Live-1 and GPT-Live-1 mini, to users globally.
