Sustained market declines can have dire consequences that go beyond just the financial realm. Morningstar DBRS analysts have warned that these declines could potentially become a “self-fulfilling prophecy” that leads to a recession. They express concerns about corporate CEOs cutting back on investments and consumers pulling back on spending, which could further exacerbate the situation.
In a surprising announcement, OpenAI co-founder John Schulman declared his departure from the Microsoft-backed company to join Anthropic, an artificial intelligence startup funded by Amazon. Schulman, who had been a key figure at OpenAI, contributed to refining AI models for the ChatGPT chatbot and developing a programming interface for third-party developers. His decision to leave
The Thomas F. Frist, Jr. College of Medicine at Belmont University in Nashville, Tennessee has recently welcomed its first class of 50 students. These students received their white coats in a ceremony last week, marking the beginning of their journey towards becoming medical professionals. The school, which is in partnership with U.S. healthcare giant HCA
JPMorgan Chase has been making significant strides in expanding its reach across America. Three years ago, the bank became the first to have a branch in all 48 contiguous states. Now, the firm is taking it a step further by focusing on reaching more Americans in smaller cities and towns. This expansion plan is part
In a recent development, five secretaries of state have raised concerns regarding the accuracy of Elon Musk’s social media platform X’s artificial intelligence search assistant. They highlighted that the AI chatbot Grok shared false information about the 2024 presidential election, specifically regarding ballot deadlines in various states. This misinformation was spread shortly after President Joe
Exciting news has surfaced in Hollywood as Jenna Ortega is said to be in the final stages of negotiations to star in an undisclosed project by JJ Abrams at Warner Bros. This talented actress, known for her roles in “The Wednesday” and “Beetlejuice,” is set to join forces with Glen Powell, who is also in
The Apple Intelligence features were recently introduced in a preview of the iOS 18.1 Developer Beta 1 update, along with beta updates for iPadOS and macOS Sequoia. These features include AI-powered Writing Tools that promise to enhance the writing experience for users. A demo of the Writing Tools was shared by a user who claimed
In the wake of recent riots in the UK, Prime Minister’s spokesman issued a strong warning against individuals who incite violence online. The statement came after Elon Musk made concerning comments about the inevitability of civil war, following days of unrest in the country. It is clear that there is zero tolerance for online comments
The creation of super-black wood-based material known as Nxylon was discovered almost by accident. Researchers at the University of British Columbia (UBC) were initially working on water-repelling technologies for wood using high-energy plasma gas. It was during this process that they noticed the ends of wood cells turning completely black. Upon further examination, they realized
The Asia-Pacific markets continued to experience a significant sell-off following a volatile trading day that saw Japan’s Nikkei 225 and Topix dropping by 7%. This decline was part of a larger trend after markets in the region experienced a sharp downturn on Friday, with the Nikkei 225 and Topix falling by more than 5% and