OpenAI’s $1.4 Trillion Problem
New analysis from HSBC reveals OpenAI’s staggering path to profitability. The AI company faces a $207 billion funding gap despite projected dominance in consumer and enterprise AI markets by 2030.
Category: Business
Krugman’s “Weird Shadows” and the Vibecession Reality
Two of the world’s top economists are debating why Americans feel so bad about an economy that looks okay on paper. Krugman points to a “frozen labor market” and massive, un-fun AI investment as the culprits.
Your AI Shopping Agent Is Coming – And Retailers Should Worry
AI agents are redefining commerce by handling purchases autonomously. Instead of searching on Google or Amazon, consumers are asking ChatGPT what to buy. This shift could fundamentally change retail competition.
The Silent Squeeze: Why the Job Market Feels Awful Without Mass Layoffs
Businesses are pulling every lever except mass layoffs to reduce headcount, from hiring freezes to AI replacing entry-level positions. The Fed’s Beige Book reveals a “low-hire, low-fire” economy where consumer confidence is dropping despite stable unemployment numbers. The outlook remains uncertain
Why Payments Leaders Say Strategy Beats Scale in 2025
Payments leaders from major financial institutions are shifting focus from pure scale to strategic differentiation. They emphasize AI governance, fraud prevention, and integrated payment experiences as the new competitive advantages. The consensus is clear: commoditization leads to a race to the bot
How Coface uses data to predict corporate failures
Coface is transforming from traditional credit insurer to data intelligence provider. Their early warning system helped clients avoid millions in losses when companies like Bodycare and Marelli collapsed.
U.S. Bank Tests Stablecoin Payments on Stellar Blockchain
U.S. Bank is testing stablecoin issuance through a partnership with Stellar Development Foundation. The bank sees blockchain as an alternative payment rail and is preparing to offer stablecoin services to clients. Key features include transaction clawbacks and asset freezing capabilities for regulat
OpenAI’s $207 Billion Problem
New analysis from HSBC reveals OpenAI faces staggering financial challenges despite massive growth. The company needs $207 billion more for computing and won’t turn profitable until after 2030, raising questions about AI’s economic viability.
Baxter Manufacturing’s $15.7M South Carolina Expansion
Baxter Manufacturing is expanding its South Carolina operations with a $15.7 million investment. The expansion will create 36 new jobs and add 35,000 square feet to its plastics facility. Operations are expected to be online by the third quarter of 2026.
HP’s AI pivot looks more like old-school cost cutting
HP is eliminating up to 6,000 positions as part of a restructuring plan that aims to save $1 billion. The company says it’s an AI-driven transformation, but analysts see more traditional cost pressures at play. This follows earlier workforce reductions that have already affected thousands of employe