OpenAI doesn’t want to call them “data centers” anymore. Instead, the ChatGPT maker plans to propose a new, more chic name for the behemoth factories that power your chatbot queries. That new name is “compute campuses,” an OpenAI spokesperson confirmed to Business Insider on Sunday. “Compute campuses better describes the scale and role of the
Two days after analysts said North Korean hackers likely executed a brazen $6.3 billion crypto heist on the blockchain platform Binance, the company says it has replenished about $5.7 billion in the stolen assets. In an update on Saturday morning, Binance said it tapped its corporate treasury to purchase billions of dollars in crypto from
Heavy is the head that wears the crown, and contrary to popular belief, Beijing doesn’t want the yuan to dethrone the dollar as the world’s dominant currency, according to a top China scholar. While China has been trying to internationalize the yuan, also known as the renminbi, it doesn’t want the obligations that come with
There are just weeks to go until the US midterm elections that will decide control of Congress, with campaigning in full swing around the country and voters weighing who to back at the ballot box. The elections will have a potentially major impact on the remainder of President Donald Trump’s time in office. He is
Ecuador’s president tried to kill the dollar. Here’s what that means for Venezuela, Argentina and the Rest of Latin America | Fortune Steve H. Hanke is a senior contributing columnist at Fortune and a professor of Applied Economics at The Johns Hopkins University. From 1995 to 1996, he served as economic advisor to President Rafael
A six-figure annual salary used to be a milestone for career success and financial security, but it isn’t what it used to be. The era of elevated inflation that began during the COVID pandemic has eroded the value of $100,000 to the point that Americans earning that much are hunting for bargains like everyone else.
