The US Dollar Index, which measures the greenback against six major currencies, rose by 0.02% on the day, closing at 99.657 in the late New York session. By the end of the trading day in New York: 1 euro exchanged for 1.1576 US dollars, higher than the previous day's 1.1572; 1 British pound exchanged for 1.3534 US dollars, lower than the previous day's 1.3538; 1 US dollar exchanged for 159.60 Japanese yen, higher than the previous day's 159.59; 1 US dollar exchanged for 0.8125 Swiss francs, hig

According to the Wall Street Journal, OpenAI informed investors that its second-quarter revenue increased by 18% compared to the first quarter, but its losses further widened. This outcome disappointed some shareholders who had expected the startup to make more progress in catching up with its competitor Anthropic. According to sources familiar with the matter, the company’s revenue for the three months ending in June reached $6.7 billion, compared to $5.7 billion in the first quarter. Meanwhil

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Anthropic is expected to launch its US IPO process within the next few weeks, with the company’s Q2 revenue more than doubling quarter-over-quarter. OpenAI has already informed investors that its Q2 revenue reached $6.7 billions and growth has accelerated in Q3. The company is also preparing for an IPO—expected to take place within weeks—but its revenue growth is lagging far behind Anthropic. (Wall Street Journal)