In an exciting announcement from OpenAI, the company introduced GPT-5, showcasing its groundbreaking capabilities and advancements in artificial intelligence. The video details how this new iteration not only enhances natural language understanding and generation but also incorporates improved reasoning abilities and contextual awareness. As the speaker highlights, “GPT-5 is designed to better understand and generate…
Author: Abbas
Tech News – 2025-08-07
**Global Tariff Implementation** President Donald Trump has enacted new tariffs, including a proposed 100% levy on imported semiconductor chips, aiming to bolster domestic production. This move has intensified trade tensions, with countries like Brazil and India considering retaliatory measures. ([reuters.com](https://www.reuters.com/podcasts/tariff-time-lula-defiant-trump-targets-semiconductors-chatgpt-5-2025-08-07/?utm_source=openai)) **OpenAI’s Strategic Expansion** OpenAI has completed its $6.5 billion acquisition of AI hardware startup io,…
Tech News – 2025-08-06
Apple’s $100 Billion U.S. Investment Apple plans to invest an additional $100 billion in the U.S., totaling $600 billion, to boost domestic manufacturing and reduce reliance on Chinese production. This move aligns with President Trump’s trade policies and aims to strengthen American industry. [ft.com] Market Reactions to Semiconductor Earnings The S&P 500 and Nasdaq saw…
Tech News – 2025-08-05
U.S. Urges Asia to Avoid European AI Regulations During a visit to South Korea, U.S. White House technology adviser Michael Kratsios urged Asian nations to reject the “European model of fear and over-regulation” of artificial intelligence (AI), referencing the EU’s stringent AI Act. He emphasized that Asian countries should adopt independent approaches to AI regulation…
Tech News – 2025-08-04
Global M&A Activity Surges Amid AI Investments According to Reuters, “Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth,” highlighting a significant increase in mergers and acquisitions driven by artificial intelligence and growth initiatives. This surge underscores the pivotal role of AI in shaping corporate strategies and market dynamics. Wall…
Tech and Finance News – 2025-08-03
Tech Giants Thrive Amid Economic Disparities According to the Financial Times, “Wall St and Silicon Valley ride high as tariffs hit Main Street,” major tech companies like Apple, Meta, and Microsoft have reported impressive second-quarter earnings, with the technology sector experiencing annual earnings growth of 41%. This surge contrasts sharply with consumer-facing industries struggling under…
Tech News – 2025-08-02
Tech Giants Reap AI Investments According to the Financial Times, “Investors glimpse pay-off for Big Tech’s mammoth spending on AI arms race,” highlighting that Microsoft, Alphabet, and Meta have collectively added over $350 billion in market value. This surge is attributed to advancements in artificial intelligence, with Microsoft reaching a $4 trillion valuation and Meta…
Tech News – 2025-08-01
Global Markets React to New U.S. Tariffs President Donald Trump’s recent imposition of tariffs up to 41% on imports from 68 countries has led to significant market volatility. According to the Associated Press, “The Latest: US stock market and global trade partners react to Trump’s new tariffs,” global markets have experienced notable declines, with Wall…
🚀 Figma’s IPO: A Historic Launch That Truly Soared
Figma debuted on the NYSE under the ticker symbol FIG, pricing its shares at $33—slightly above its revised $30–32 guide range. The offering raised about $1.2 billion in total, though only approximately $400–411 million went to the company itself—the remainder came from existing shareholders divesting their stakes. Figma’s valuation at IPO stood at $19.3 billion, nearly matching the…
Tech News – 2025-07-31
Microsoft Achieves Historic Market Milestone According to the Financial Times, “Microsoft hits $4tn market value as tech stocks rise to new highs,” marking a significant achievement in the company’s history. This surge reflects investor confidence in Microsoft’s strategic investments in artificial intelligence and cloud computing, positioning the company at the forefront of technological innovation. Debate…