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ChatGPT Plus, Pro, and Free users can purchase items directly from Etsy sellers and Shopify merchants, including cosmetics firm Glossier and clothing brands SKIMS and Spanx.
The longer-term aspirations are to attach multi-item carts and expand merchants and regions. OpenAI has publicized that ChatGPT already boasts 700 million weekl...
Gone are the days when a handful of defense conglomerates waited on ministers to greenlight billion-euro programs before daring to manufacture. Amid uncertainty about US military support, leaders in Germany and other states have recognized they need to bolster their defenses. The European Defense Agency estimates that the EU will invest approximately €130 billion (about $151...
Leading component makers, such as Murata and TDK, are shifting manufacturing to Southeast Asia and Mexico. At the same time, Tokyo Electron plans to expand its US operations to match those in Japan, steps that reflect a broader recalibration of supply chains in response to political and market pressures.
Guided by the 2022 Economic ...
In October, Dubai-based Emirates NBD Bank (ENBD) PJSC—the UAE’s second-largest lender—agreed to acquire a 60% controlling stake in India’s RBL Bank Ltd. through a $3 billion preferential share issue, marking the largest-ever foreign direct investment in India’s financial services sector.
The deal is also the largest ever equity fund...
From senior, cash-flow-based direct lending to mezzanine, venture, distressed, and asset-based finance, proponents argue that these more tailored solutions give companies flexibility, speed, and confidentiality. This means that, while banks face strict oversight, private credit funds remain lightly regulated. As a result, critics continue to highlight systemic risks and the ...
