OpenAI hires former xAI CFO Mike Liberatore as business finance officer

OpenAI has hired former xAI CFO Liberatore, marking a significant addition to its leadership team.

Editor’s Note: This hiring is important as it brings experienced financial leadership to OpenAI, which could enhance its strategic direction and growth in the AI sector.

OpenAI has launched GPT-5-Codex, a new tool designed to improve software engineering processes. This advanced model aims to assist developers in writing code more efficiently and accurately.

Editor’s Note: The release of GPT-5-Codex is significant as it represents a leap forward in AI-assisted programming. By enhancing coding capabilities, it can help developers save time and reduce errors, ultimately leading to more innovative software solutions.

Recent studies reveal that OpenAI's ChatGPT excels in personal tasks, while Anthropic's Claude is preferred for coding and business automation.

Editor’s Note: Understanding the strengths of different AI tools helps users choose the right one for their needs, whether for personal use or business applications.

OpenAI board chair Bret Taylor supports CEO Sam Altman's view that we are in an AI bubble, warning that many could lose money. He believes, similar to the dotcom bubble, that AI will transform the economy and generate significant economic value.

Editor’s Note: This discussion is important as it highlights the potential risks and rewards of investing in AI technologies. Understanding the dynamics of the AI market can help investors make informed decisions, especially in a rapidly evolving landscape.

The article discusses the potential implications of OpenAI going public through an IPO. It raises questions about whether this move would benefit or harm the company, which is currently valued as the world's most valuable startup.

Editor’s Note: Understanding the potential IPO of OpenAI is crucial as it could reshape the landscape of tech startups and influence investor confidence in AI technologies. The discussion around this topic is significant for stakeholders and the tech industry.

The Senate has confirmed Stephen Miran as a new governor of the Federal Reserve, a key position in shaping U.S. monetary policy.

Editor’s Note: This confirmation is significant as it impacts the direction of the Federal Reserve's policies, which can influence economic stability and growth in the U.S. economy.

Recent official data reveals a significant drop of 9.3 million in the number of people receiving winter fuel payments due to government cuts that have now been reversed.

Editor’s Note: This situation highlights the impact of government policy changes on vulnerable populations, especially during the winter months when heating costs can be a burden. The reversal of cuts may provide some relief, but the initial drop raises concerns about the effectiveness of support systems.

Berenberg has disclosed its transactions involving shares of Dalata Hotel Group, indicating its investment activities in the hospitality sector.

Editor’s Note: This disclosure is significant as it highlights Berenberg's interest in the hospitality industry, which can influence market perceptions and investor confidence in Dalata Hotel Group.

Tencent is reportedly looking to raise $1 billion through dim sum bonds, which are yuan-denominated bonds issued outside of China. This move highlights the company's strategy to diversify its funding sources.

Editor’s Note: This is significant as it reflects Tencent's ongoing efforts to strengthen its financial position and adapt to changing market conditions. Raising funds through dim sum bonds can also enhance its international presence and appeal to global investors.

Fintel's stock surged by 4% following a 19% increase in revenue, driven by acquisitions and subscriptions. This positive growth reflects the company's successful strategies in expanding its market presence.

Editor’s Note: This matters because it highlights Fintel's strong performance in a competitive market. The increase in revenue from acquisitions and subscriptions indicates effective business strategies, which could attract more investors and boost confidence in the company's future.

Donald Trump has filed a $15 billion defamation lawsuit against The New York Times, claiming the publication has harmed his reputation. This legal action highlights ongoing tensions between Trump and the media.

Editor’s Note: This lawsuit is significant as it underscores the contentious relationship between Trump and major media outlets. It raises questions about freedom of the press and the implications of defamation claims in the political arena.