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The president of OpenAI, Greg Brockman, has claimed the world has entered a new era of artificial general intelligence after the release of his company’s latest model, Astra, which it described as the “world’s most intelligent and aligned model”.Brockman made the claim on Thursday as the San Francisco company released the model only weeks after a serious AI safety incident involving other models under its development caused international concern and a pause in Astra’s training.Artificial general intelligence – or AGI – is a fuzzy threshold that has long been talked about as a target for the AI industry. It has…

‘Barron’s Roundtable’ panelists discuss the growth of autonomous ride-shares and what Waymo’s success means for the industry. Waymo on Tuesday began welcoming its first public riders in Denver, San Diego and Tampa, expanding its fully autonomous ride-hailing service to 14 cities. The Alphabet-owned self-driving car company said tens of thousands of people in each newly launched market have already signed up for access. The company plans to gradually add riders before eventually opening the service to all users.”From coast to coast, we’re focused on making everyday transportation safer, easier and more accessible,” Suzanne Philion, chief marketing officer at Waymo, said…

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of August 1, 2026, through August 31, 2026. Under the CRA, the OCC assesses an institution’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of such institution. The list includes the national banks, federal savings associations, and insured federal branches of foreign banks that have received CRA ratings. Possible ratings assigned are outstanding, satisfactory, needs to improve, and substantial noncompliance.…

XRP faces resistance at $1.40 to $1.43 before reaching $1.47, creating several hurdles for bulls attempting to regain control. XRP is changing hands around $1.35, down roughly 6% over the last week after slipping beneath a support level chart analysts had been watching closely since late August. Trader ChartNerd says the token’s second failed weekly close above its 50-week EMA leaves room for a deeper slide to $1.27, or lower, before the rally that took XRP to $1.70 can resume. Bulls Lose Their Grip on the $1.36 Floor ChartNerd has been tracking XRP’s four-hour structure for weeks, watching a…

(RTTNews) – The Australian stock market is swinging to notable gains in mid-market moves on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,900 level, despite the broadly negative cues from Wall Street overnight, with gains in financial, mining and energy stocks partially offset by weakness in technology stocks. The benchmark S&P/ASX 200 Index is gaining 52.30 points or 0.59 percent to 8,909.40, after hitting a low of 8,832.60 earlier. The broader All Ordinaries Index is up 37.20 points or 0.41 percent to 9,186.50. Australian stocks ended significantly higher on Tuesday. Among…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxBitGo has opened a new office in Singapore after tripling its Asia Pacific client base over the past two years.The city-state serves as the digital asset infrastructure company’s regional hub.BitGo Singapore received a Major Payment Institution licence from the Monetary Authority of Singapore in August 2024, and its local headcount has since more than doubled.Its regional clients include regulated financial institutions, corporate customers, digital asset businesses, service providers and high-net-worth investors.The office also houses BitGo Prime’s largest trading desk.The unit provides digital asset trading and connects clients with…

New York Federal Reserve President John Williams said Wednesday that the recent surge in Treasury yields is the product of a strong economy, not market dysfunction.The central bank policymaker added in a CNBC interview that he’s still absorbing economic data, and did not commit on whether he thinks an interest rate hike is necessary.”I think that we have to wait and see,” Williams told CNBC’s Steve Liesman during a “Squawk Box” interview from the New York bank’s headquarters in lower Manhattan. “There’s no clear signs right now whether monetary policy currently is sufficient to make sure we bring inflation back…

Key PointsGrand Theft Auto VI: An Extended Look earned 31.1 million views on Netflix’s English-language film list during the week of Aug. 24 to Aug. 30.Measured in hours, the 27-minute trailer accumulated 14 million, less than a third of the 44.1 million for the film that finished second.Netflix members watched 2% more hours during the first half of 2026, while second-quarter revenue grew 13%.10 stocks we like better than Netflix ›Netflix’s (NASDAQ:NFLX) most-watched English-language film during the week of Aug. 24 to Aug. 30 was not at all a Netflix film. It was Grand Theft Auto VI: An Extended Look,…

August 2025 (Revised September 2026) Linear and Nonlinear Econometric Models versus Machine-Learning Models: Evidence from Realized-Volatility Forecasting Rehim Kilic Abstract: This paper examines which representations of persistence and nonlinearity are most useful for forecasting realized volatility and whether machine learning adds value beyond econometric models designed for long memory and regime dependence. We compare HAR, ARFIMA, threshold HAR, smooth-transition HAR, and Markov-switching HAR with XGBoost and several neural-network models for the S&P 500 and 40 U.S. equities. Models are evaluated under a baseline information set using realized-volatility history and an extended set of predictors selected by Elastic Net. Forecast…

The Microduck robot is set to come with a range of pre-installed actions, according to its developers HuggingFace and Pollen Robotics.Pollen RoboticsBEIJING — A popular new programmable personal robot from a French-American company is powered by a chip from Shanghai-listed Rockchip which in turn uses British company ARM’s tech, reflecting how intertwined global tech supply chains remain.The colorful “Microduck” robot from Hugging Face’s French subsidiary Pollen Robotics has sold more than 10,000 units since its launch on Thursday, with sales surpassing $5 million as of late Tuesday, according to Hugging Face. That level of demand for the robot has quickly…