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News

Stevens Point
wsau.com > 09/12/2026 > openai-ipo-will-not-happen-in-2026-amid-ai-safety-fears-altman-says

OpenAI IPO will not happen in 2026 amid AI safety fears, Altman says

17+ hour, 35+ min ago   (387+ words) “I actually think that, given everything happening ​with safety, right now would be an ill-advised moment to go public, ‌and we don’t feel pressure on that,” Altman told Fortune. Growing numbers of U.S. lawmakers are calling for new rules…...

Stevens Point
wsau.com > 09/11/2026 > zara-owner-inditex-looks-to-us-for-next-phase-of-growth

Zara owner Inditex looks to US for next phase of growth

2+ day, 7+ hour ago   (567+ words) LONDON, Sept 11 (Reuters) – Fast fashion giant Inditex is investing in the United States as a key growth market, CEO Oscar Garcia Maceiras told Reuters, as the Zara owner opens new stores and revamps existing outlets to woo more aspirational shoppers....

Stevens Point
wsau.com > 09/10/2026 > openai-launches-chatgpt-for-financial-services-industry

OpenAI launches ChatGPT for financial services industry

2+ day, 20+ hour ago   (315+ words) Sept 10 (Reuters) – OpenAI on Thursday launched a version of ChatGPT built for the financial services industry, combining its latest AI model with built-in data from providers including ​LSEG, PitchBook and Daloopa to target investment bankers and ‌equity researchers. The product,…...

Stevens Point
wsau.com > 09/10/2026 > imf-say-global-growth-on-track-to-reach-3-in-2026-but-risks-remain-high

IMF say global growth on track to reach 3% in 2026, but risks remain high

2+ day, 23+ hour ago   (188+ words) WASHINGTON, Sept 10 (Reuters) - The IMF on Thursday said the global ​economy had weathered the ‌energy shock caused by the war in the Middle East better than feared ‌and ​global economic ⁠output was still ⁠expected to expand by about 3% in 2026, but…...

Stevens Point
wsau.com > 09/10/2026 > chip-startup-d-matrix-to-use-nvidia-chip-linking-tech-in-ai-servers

Chip startup d-Matrix to use Nvidia chip-linking tech in AI servers

3+ day, 15+ min ago   (237+ words) Sept 10 (Reuters) – D-Matrix said on Thursday it will adopt Nvidia’s chip-linking technology to use the startup’s processors directly inside the ​semiconductor giant’s data-center systems as demand ‌for AI intensifies. Artificial intelligence workloads have been shifting from training AI models to…...

Stevens Point
wsau.com > 09/10/2026 > eu-watchdog-flags-risk-of-abrupt-market-correction

EU watchdog flags risk of abrupt market correction

3+ day, 1+ hour ago   (291+ words) By Elizabeth Howcroft and Phoebe Seers PARIS, Sept 10 (Reuters) – A disconnect between deteriorating macroeconomic conditions and upbeat valuations risks triggering a market drop, the European Union’s ​financial watchdog said on Thursday, citing conflict in ‌the Middle East and rising energy…...

Stevens Point
wsau.com > 09/10/2026 > wipros-ai-push-frees-capacity-equivalent-to-20000-workers-cto-says

Wipro’s AI push frees capacity equivalent to 20,000 workers, CTO says

3+ day, 4+ hour ago   (395+ words) By Sai Ishwarbharath B and Abhirami G BENGALURU, Sept 10 (Reuters) – Wipro’s AI initiatives have increased productivity equivalent to the output of 20,000 employees, who have since been redeployed within the Indian IT firm, its chief ​technology officer said. The comments come…...

Stevens Point
wsau.com > 09/10/2026 > ai-boom-poses-new-financial-stability-risks-bis-head-says

AI boom poses new financial stability risks, BIS head says

3+ day, 8+ hour ago   (463+ words) LONDON, Sept 10 (Reuters) – AI’s rapid rise is creating new financial stability risks, Bank for International Settlements head Pablo Hernandez de Cos said, with spending on related infrastructure already at a scale significant enough to influence global economic conditions. For central…...

Stevens Point
wsau.com > 09/09/2026 > doj-probes-nvidias-licensing-deal-with-ai-startup-groq-nyt-reports

DOJ probes Nvidia’s licensing deal with AI startup Groq, NYT reports

3+ day, 13+ hour ago   (170+ words) Sept 9 (Reuters) – The U.S. Justice Department is investigating whether Nvidia tried to skirt antitrust ​scrutiny of the chipmaker’s licensing ‌deal last year with AI chip startup Groq, the New York Times reported on Wednesday, citing two people ‌familiar ​with the…...

Stevens Point
wsau.com > 09/09/2026 > chime-shares-jump-10-as-stride-deal-puts-fintech-on-path-to-bank-charter

Chime shares jump 10% as Stride deal puts fintech on path to bank charter

4+ day, 2+ hour ago   (347+ words) Sept 9 (Reuters) – Chime shares surged 10% before the bell on Wednesday after the fintech firm agreed to buy Stride for $590 million, gaining a bank charter that would allow ​it to expand its lending business. Over the past few ‌years, Chime has…...