Jerry Lin
The Latest
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Microsoft's OpenAI Investment: A Promising $13 Billion Gamble Amid Uncertainty
Microsoft's initial $1 billion investment in OpenAI in 2019 went mostly unnoticed as startup funding in artificial intelligence (AI) was commonplace. Fast forward three years, and AI, specifically generative AI, has become the standout sector as startup funding has dropped off. 
Microsoft's initial $1 billion investment in OpenAI in 2019 went mostly unnoticed as startup funding in artificial intelligence (AI) was commonplace. Fast forward three years, and AI, specifically generative AI, has become the standout sector as startup funding has dropped off. -
U.S. Job Growth Deceleration Leads to Decline in Treasury Yields
On Monday, U.S. government debt prices saw an increase after data released last week indicated a deceleration in job growth. The yield on the benchmark 10-year Treasury note dropped to 3.363%, while the yield on the 30-year Treasury bond fell to 3.584%. Concurrently, the 2-year note yield declined about 4 basis points to 3.933%. Yields and prices have an inverse relationship. 
On Monday, U.S. government debt prices saw an increase after data released last week indicated a deceleration in job growth. The yield on the benchmark 10-year Treasury note dropped to 3.363%, while the yield on the 30-year Treasury bond fell to 3.584%. Concurrently, the 2-year note yield declined about 4 basis points to 3.933%. Yields and prices have an inverse relationship. -
OpenAI CEO Envisions Japan Expansion and Enhanced Language Services Following Meeting with Prime Minister Kishida
Sam Altman, OpenAI's co-founder and CEO, expressed interest in establishing a Japan office and enhancing Japanese language services after meeting with Prime Minister Fumio Kishida. Altman shared his enthusiasm for engaging with Japanese talent and developing valuable technology for the people of Japan while speaking to reporters in Tokyo on Monday. 
Sam Altman, OpenAI's co-founder and CEO, expressed interest in establishing a Japan office and enhancing Japanese language services after meeting with Prime Minister Fumio Kishida. Altman shared his enthusiasm for engaging with Japanese talent and developing valuable technology for the people of Japan while speaking to reporters in Tokyo on Monday. -
Tesla Expands Megapack Battery Production with New Shanghai Facility
Tesla Inc. announced plans to construct a new factory in Shanghai, with a production capacity of 10,000 Megapack energy products per year, to supplement the output of its California Megapack facility. Chinese state media outlet Xinhua first reported the news. 
Tesla Inc. announced plans to construct a new factory in Shanghai, with a production capacity of 10,000 Megapack energy products per year, to supplement the output of its California Megapack facility. Chinese state media outlet Xinhua first reported the news. -
Chinese Ambassador Dismisses 'No Limits' Friendship with Russia as Mere Rhetoric; Asserts Neutrality in Ukraine Conflict
China's ambassador to the European Union, Fu Cong, recently sought to clarify the nation's stance on the ongoing Ukraine conflict, downplaying the "no limits" friendship between China and Russia. In an interview with The New York Times, Fu emphasized that China remains neutral in the crisis and does not support Russia's actions in Ukraine. 
China's ambassador to the European Union, Fu Cong, recently sought to clarify the nation's stance on the ongoing Ukraine conflict, downplaying the "no limits" friendship between China and Russia. In an interview with The New York Times, Fu emphasized that China remains neutral in the crisis and does not support Russia's actions in Ukraine. -
Former Taiwan President Warns of Looming Choice Between Peace and War Following China Visit
In the wake of his groundbreaking trip to China, former Taiwan President Ma Ying-jeou cautioned that escalating tensions with China under Taiwan's current administration would force the island to choose between "peace and war" in the future. 
In the wake of his groundbreaking trip to China, former Taiwan President Ma Ying-jeou cautioned that escalating tensions with China under Taiwan's current administration would force the island to choose between "peace and war" in the future. -
Ukrainian Forces Persist in Battered Bakhmut, World Leaders Urge China to Help End Conflict
During a meeting in Beijing, French President Emmanuel Macron and European Union leader Ursula von der Leyen urged Chinese President Xi Jinping to leverage his influence to encourage Russia to cease hostilities, now in their 14th month, and engage in negotiations. 
During a meeting in Beijing, French President Emmanuel Macron and European Union leader Ursula von der Leyen urged Chinese President Xi Jinping to leverage his influence to encourage Russia to cease hostilities, now in their 14th month, and engage in negotiations. -
Major Escalation as Over 30 Rockets Launched from Lebanon into Israel Following al-Aqsa Mosque Incidents
On Thursday, Israel experienced a significant escalation in regional tensions as dozens of rockets were fired from Lebanon in response to Israeli police raids at the al-Aqsa mosque in Jerusalem. 
On Thursday, Israel experienced a significant escalation in regional tensions as dozens of rockets were fired from Lebanon in response to Israeli police raids at the al-Aqsa mosque in Jerusalem. -
Iranian and Saudi Foreign Ministers Hold First Formal Meeting in Over Seven Years in Beijing
On Thursday, the foreign ministers of Iran and Saudi Arabia convened in Beijing for their first official meeting in more than seven years, following China's facilitation of a deal to reestablish diplomatic ties between the two major regional powers. 
On Thursday, the foreign ministers of Iran and Saudi Arabia convened in Beijing for their first official meeting in more than seven years, following China's facilitation of a deal to reestablish diplomatic ties between the two major regional powers. -
China Initiates Joint Patrols in Taiwan Strait, Taiwan Refuses Cooperation
In the central and northern areas of the Taiwan Strait, China's Fujian Maritime Safety Administration has begun a three-day special joint patrol and inspection operation, which includes boarding ships, according to the administration's WeChat account. 
In the central and northern areas of the Taiwan Strait, China's Fujian Maritime Safety Administration has begun a three-day special joint patrol and inspection operation, which includes boarding ships, according to the administration's WeChat account.
