OpenAI, the company behind artificial Intelligence chatbot ChatGTP, has secured new financing to the tune of $6.6 billion from a variety of investors. The start-up is now valued at $157 billion, on par with such groups as Uber or AT&T. It will have to commit to converting to a for-profit company within two years. Also … Read more
Global benchmarks for oil prices were steadily rising on Wednesday, a day after Iran fired a barrage of missiles against Israel in retaliation for the Israeli army’s offensive against Hezbollah. In this edition, FRANCE 24’s Charles Pellegrin explains why this could change the trajectory of global oil prices, how the world’s energy supply could be … Read more
Yemen’s Houthi rebels claimed attacks on an oil tanker and another commercial vessel in the Red Sea on Tuesday, the first such attacks in weeks. The Iran-backed militants started targeting merchant ships last year in support of Hamas in Gaza, prompting many shipping companies to take a longer route via the southern tip of the … Read more
The union representing 45,000 dockworkers in the United States announced a strike at midnight on Tuesday in American ports all the way from Maine to Texas. The workers are asking for better pay and guarantees against automation as the shipping industry has seen skyrocketing profits this year. The industrial action could cause higher inflation and … Read more
The wholesale price of butter in France hit a record high in September, rocketing to €8,180 compared to €4,260 a year earlier, as an epidemic among cows affected production. But first: a new, common digital payment system has been launched in France, Belgium and Germany, backed by 16 major banks. The platform, “Wero”, enables person-to-person cross-border … Read more