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Showing 1 - 10 of 15 results for "OpenAI"

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
... minimum governance practices." S&P Dow Jones Indices, however, has rejected a proposal to fast-track SpaceX, Anthropic, and OpenAI into the S&P 500, keeping its 12-month seasoning requirement and profitability hurdle in place. Multiple passive investment ...

Otivo launches AI-powered financial advice

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
... restricted from providing financial advice. "Two hundred million people a month are asking ChatGPT financial questions and OpenAI has admitted it can't give them advice. That's the gap Otivo closes," Otivo chief information officer Nathan Isterling ...

Pengana raises $150m for AI-focused LIT

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... after the seven-year period, in which the management fee will reduce to zero. Target investments include Anthropic and OpenAI, companies the fund manager classifies as "foundation models", and Databricks and Perplexity, which it describes as AI-enabled ...

FEATURE: Private equity | Time to deploy

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... (arguably) most exciting businesses in the world right now are staying private for longer - think SpaceX, Anthropic, and OpenAI. "The conversation has shifted from, 'Should I invest in this space?' to, 'Why wouldn't I?' It just seems ...

FEATURE: Global equities | Triaging tech's second act

RIDDHIMA TALWANI  |  WEDNESDAY, 8 APR 2026
... large language model Claude, designed to automate complex cognitive tasks and business workflows. It competes directly with OpenAI and Google to develop increasingly capable models, pushing the limits of reasoning, automation and machine cognition. Yet ...

Equity managers' research most reliant on AI: Report

KARREN VERGARA  |  FRIDAY, 9 JAN 2026
... four percent of fund managers are utilising a combination of private and public applications. Public SaaS models, such as OpenAI, Anthropic and Google, are the second most popular, chosen by 18% of respondents ahead of private-only models at 16%. Copilot ...

US equities not performing as well as they seem: UniSuper

ELIZA BAVIN  |  TUESDAY, 4 NOV 2025
... big names in technology, and specifically those exposed to the AI thematic, were driving US market gains; namely Nvidia, OpenAI, AMD, Broadcom and Salesforce. However, Colosimo said that while many companies are profiting off the AI boom, not all are ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... time it takes to process, it unlocks so much value," Davis says. Cheaper, faster, stronger On January 21, Microsoft's OpenAI, the maker of ChatGPT, announced it would spend US$500 billion over the next four years to build new AI infrastructure. About ...

BFA Global heads offshore

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025
... several US managers and family offices and helped high-net-worth individuals invest in at least three high-profile companies: OpenAI, Elon Musk's SpaceX, and the Silicon Valley quantum computing start-up PsiQuantum. "This milestone is about more ...

AI use limited but take up rises among advisers

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... meetings, 49% create content with it, while 35% find it helpful to automate back-office operations. AI chatbots such as OpenAI's ChatGPT are the most popular (69%), followed by Microsoft's Co-Pilot (54%). Across the board, Co-Pilot saw a significant ...
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