This year may turn out to be historic for investors, requiring high levels of discipline to avoid chasing unreasonable valuations, the CEO of Singapore's sovereign wealth fund GIC said Thursday.
Why it matters: GIC is one of the world's largest investors, with more than $800 billion under management, so its cautious view at a time of surging markets globally is noteworthy.
OpenAI is expected to release its next big model — GPT-5 — in August, Axios has learned.
Why it matters: The race to create the biggest and best AI models is accelerating as the Trump administration has said the U.S. must do "whatever it takes" to beat China.
Communication professionals are leveraging their expertise to help raise awareness for businesses in need or those impacted by natural disasters.
Driving the news: Following the recent wildfires in Los Angeles, several communication and PR firms united to form the LA Strong Comms Coalition to support small businesses that had been affected.
President Trump said on Thursday that he wanted to see Elon Musk's companies thrive, one day after the White House said he didn't want Musk's xAI to get government contracts.
Why it matters: Since the Trump-Musk relationship blew up last month, the rhetoric has run hot and cold in intermittent bursts, but Trump appears to be tamping the tension down again.
The rules of creativity and AI are being rewritten — but the ink isn't dry yet.
Generative AI is unlocking new ways to brainstorm, build and express ideas faster than ever. For creatives, that means more tools, more opportunity — and more reach.
ServiceNow isn't just selling AI-powered tools to customers. It's using the technology to shrink its own hiring plans, projecting $100 million in cost savings this year.
Why it matters: The automation software company is the latest tech player to show how AI can drive cost cuts, a boon for margins, but a potential red flag for future tech job seekers.
Why it matters: President Trump's war on his predecessor is dramatically escalating just as he faces new pressure over his handling of the Jeffrey Epstein files — with a steady stream of leaks extending the scandal, day by day.
