investissements
San Francisco (AFP) - Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market. The overnight success of OpenAI's ChatGPT thrust generative AI as Silicon Valley's latest tech revolution, lifting Microsoft, OpenAI's main backer, to become the world's most valuable company. Since then, the maker of Windows and its rival Google have been competing furiously, rolling out tools that produce text, images or lines of code on...
AFP
Washington (AFP) - The Biden administration is under pressure from a major business group and diplomats to scrap a travel ban on Europeans, as investment from the continent in the United States plunged by nearly a third last year. While countries in the European Union have reopened their borders to Americans who are vaccinated or test negative for Covid-19, the United States has not reciprocated, to the frustration of the business world. The US Chamber of Commerce on Friday urged Washington to allow the return of European travelers "as soon as possible." "The resumption of safe transatlantic t...
AFP
Washington (AFP) - US Treasury Secretary Janet Yellen called Thursday for clear standardized systems of measuring green investments, as countries strive to meet their climate goals. Environmental, social and governance (ESG) fund assets have grown from $10 billion in 2015 to $246 billion in March 2021, she said. Yellen urged global partners to "unlock progress towards greater ESG clarity and transparency so these investments can play a key role in closing the infrastructure gap and lowering global emissions." "Poor quality or availability of ESG data and lack of standardized ESG metrics are of...
AFP
New York (AFP) - Anyone can easily own a Basquiat painting, a pair of Yeezy sneakers or even a Ferrari -- at least, that's the promise of a growing number of fractional ownership platforms that sell shares of these rare items, starting at just a few dollars. One platform, Masterworks, in spring 2020 turned the $6 million painting "The Mosque" by Jean-Michel Basquiat into 284,420 shares at $20 each. With fractional ownership, there's no chance of hanging the painting in a buyer's home, parking a Lamborghini in their garage or storing six bottles of Romanee-Conti wine in their cellar. But by own...
AFP
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