Group 1 - The article emphasizes the importance of implementing policies to promote the healthy and high-quality development of the private economy in China, including removing barriers to fair market competition and addressing financing issues for private enterprises [2] - In July, China's industrial added value increased by 5.7% year-on-year, while retail sales rose by 3.7%. However, fixed asset investment only grew by 1.6%, with real estate development investment declining by 12% [2] - Recent data from 70 cities indicates a decline in housing prices, with only six cities experiencing a month-on-month increase in new home prices, while the inventory of unsold homes has decreased for five consecutive months [2] Group 2 - The central bank's second-quarter monetary policy report highlights the need for a moderately loose monetary policy to support economic recovery, particularly in technology innovation and small enterprises [3] - India is seeking easier access to Chinese rare earths, which may be discussed during upcoming talks between Chinese and Indian leaders [3] - The Chinese government plans to advance the development of national marine economy demonstration zones and explore policies to support marine economic development [3] Group 3 - The A-share market experienced a significant rally, with over 4,600 stocks rising, led by the brokerage sector and industries such as solar energy and robotics [4] - The Hong Kong stock market saw a decline, with the Hang Seng Index dropping by 0.98%, while mainland Chinese brokerage stocks performed well [4] Group 4 - The China Securities Regulatory Commission (CSRC) reported accounting issues in some listed companies, indicating the need for enhanced financial reporting oversight [5] - The Shanghai Stock Exchange took regulatory actions against 154 instances of abnormal trading behavior, focusing on stocks with significant price fluctuations [5] - The Shenzhen Stock Exchange also implemented self-regulatory measures for 159 abnormal trading cases, highlighting ongoing scrutiny of market activities [5] Group 5 - The introduction of the "Action Plan for Promoting High-Quality Development of Public Funds" is expected to lead to various reforms in the public fund sector [8] - The commercial banks' non-performing loan balance decreased to 3.4 trillion yuan, with a non-performing loan ratio of 1.49% [8] - The number of public fund products managed by brokerages is being reduced, with many firms opting to transition to public fund companies [9] Group 6 - The real estate market in Hainan is undergoing policy adjustments to support the revitalization of existing properties and promote home purchases for families with multiple children [9] - Guangzhou's state-owned enterprise has initiated a price guarantee program for its main residential projects, promising to compensate buyers for price differences until the end of 2025 [9] Group 7 - The global physical gold ETF inflows reached $3.2 billion in July, marking a record high for total assets under management [18] - The international crude oil market is experiencing downward pressure due to a loosening supply-demand balance, with WTI crude oil prices falling [18][19]

Most users should like GPT-5 better soon; the change is rolling out over the next day.The real solution here remains letting users customize ChatGPT's style much more. We are working that!OpenAI (@OpenAI):We’re making GPT-5 warmer and friendlier based on feedback that it felt too formal before. Changes are subtle, but ChatGPT should feel more approachable now.You'll notice small, genuine touches like “Good question” or “Great start,” not flattery. Internal tests show no rise in ...

At a dinner with reporters in San Francisco, OpenAI CEO Sam Altman spilled details on the company's ambitions beyond ChatGPT. https://t.co/ved3D4vBnh ...

because we have a news alert on Open AI. Mackenzie Sagalis has the details. Mac, what do we know.Hey, Courtney. So, Bloomberg is reporting that OpenAI staffers are preparing to sell about $6 billion worth of stock in a secondary share sale that would value the company at roughly $500 billion. Now, Thrive Capital is expected to lead that deal.I spoke with a source close to the process who said that figure is directionally accurate, but the final total will depend on how much current and former employees ulti ...

Current and former OpenAI employees plan to sell about $6 billion worth of shares to investors including SoftBank, Dragoneer and Thrive Capital https://t.co/yc5mVQFpM6 ...

OpenAI and Anthropic both recently announced plans to sell their artificial intelligence products to the U.S. government for just $1. They're the latest in a series of moves by AI giants to develop closer ties to Washington. ...

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Customer Service & AI Application - Sierra is experiencing unprecedented customer interest, revenue growth, and customer momentum in the AI-driven customer service space [2] - Sierra is a leader in applying AI to customer service, serving traditional companies like ADT Home Security and Direct TV, as well as fast-growing Silicon Valley companies like Ramp [3] - Sierra's AI agents are solving problems autonomously, with Ramp's agent resolving 90% of customer cases without human intervention [10] - Sierra is conducting hundreds of millions of phone calls and digital chats on its platform annually [13] - Sierra went live with an international retailer in 15 markets in six weeks, automatically solving 85% of their customer service cases [21] Business Model & Pricing - Sierra employs an outcome-based pricing model, charging customers only when it autonomously solves their problems [6] - The outcome-based pricing model aligns Sierra's interests with its customers, as they only pay when Sierra saves them money and solves customer problems [7] Customer Base & Market Position - Over 20% of Sierra's customers have over $10 billion in revenue, and over half have over $1 billion in revenue [9] - Sierra serves a wide range of industries, including health insurance and banking [8] Expansion & Growth - Sierra has opened offices in New York, Atlanta, and London, with plans to expand into Asia [12] - Sierra raised $175 million last year led by Greenhouse Capital [17] - Sierra is open to raising more capital to facilitate faster growth and serve multinational corporations in Europe and Asia [17] Technology & Talent - Sierra focuses on applying existing AI models to solve problems, rather than building frontier models [19] - Sierra is not directly competing for the researchers building foundation models, but acknowledges a competitive market for talent in the AI application space [22][23]

Be careful with these.These aren't actually representative of ownership of these companies and imo should be handled with caution.Not to mention, the valuations on these things are absolutely massive ($3B-$515B) and likely aren't suited for most of CT's size.While I think this is a unique experiment, its hard to know how this will actually play out. It feels like a worthless wrapper/derivative token which has extra risk (self-custody/smart contract risk) as well as potential lack of liquidity.Very innovativ ...

Core Insights - The article discusses the significant advancements in artificial intelligence (AI) since the landmark victory of AlphaGo over human champion Lee Sedol in 2016, marking a pivotal moment in AI development [2][3] - The release of ChatGPT by OpenAI in November 2022 is highlighted as a transformative event, leading to widespread recognition of AI's potential and its impact on various sectors [3][4] - The Nobel Prizes awarded in 2024 for contributions to machine learning and AI signify the technology's central role in modern science and society [3][4] AI's Impact on Work - AI is described as a revolutionary tool that is fundamentally changing work paradigms, with the potential to disrupt traditional job roles [5][6] - Historical comparisons are made to previous technological revolutions, suggesting that jobs in translation, design, coding, and financial analysis may be at risk due to AI advancements [6][7] - The concept of "human-machine collaboration" is emphasized as a more constructive approach than viewing technology as a threat, advocating for a reconfiguration of work tasks rather than outright replacement of jobs [6][7] New Work Principles - The article outlines four principles for a new work model: allowing talent to flow with work rather than being confined to fixed roles, focusing on tasks rather than positions, integrating technology deeply, and carefully evaluating employment forms [8][11] - The need for "deconstructing" and "reconstructing" work based on tasks is presented as essential for adapting to the evolving work landscape [7][8] Future Work Dynamics - The article suggests that organizations may need to shift from a job-centric to a person-centric approach, emphasizing dynamic tasks over static roles [12][14] - The importance of continuous learning and adaptability in the face of AI advancements is highlighted as crucial for maintaining relevance in the workforce [15][16]