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Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
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Arcmont Asset Management has closed a $2.5bn credit continuation vehicle, inclusive of leverage, led by Ares Credit Secondaries.
The post Ares Secondaries leads $2.5bn continuation fundraise for Arcmont credit assets appeared first on AltAssets Private Equity News.
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A U.S. delegation is set for talks with Iran on Saturday as part of the cease-fire. But Israel has continued to attack Lebanon, endangering the agreement.
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Khaby Lame's landmark merger drew in traders and creator economy optimists alike, but the stock has since plunged more than 90 percent and major brokerages are restricting trading.
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Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.
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YouTube Premium is getting pricier The VergeYouTube Hikes Premium Prices For First Time Since 2023—Here's How Much More You'll Pay ForbesYouTube Premium and YouTube Music Subscription Prices Are Going Up in the U.S. VarietyYouTube Premium Raises Prices For First Time Since 2023 The Hollywood ReporterYouTube Premium is increasing US prices for the first time since 2023
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Traders wary that traffic through the Strait of Hormuz is still restricted.
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OpenAI today unveiled ChatGPT Enterprise, a version of its generative AI service that allows companies to decide how the model is trained and how long it can store corporate data used for that purpose.
The new ChatGPT service also offers increased security and privacy by using encryption for data at rest (AES-256) and in transit (TLS 1.2 ) and Security Assertion Markup Language (SAML) single sign-on for enterprise authentication.
OpenAI also said it has opened up the bandwidth for organzaitons to connect to GPT-4, the large language model (LLM) on which ChatGPT is based and trained on. The company plans to offer "unlimited higher-speed" access to the LLM, and 32k token context windows inputs and follow-ups that are four times longer than previously available. (One token is approximately 4 characters or 0.75 words. As a point of reference, the collected works of Shakespeare are about 900,000 words or 1.2M tokens, according to OpenAI.)
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