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🧠 🧠 OpenAI and Microsoft are collaborating on an ambitious project to build a supercomputer named “Stargate,” with an estimated cost of up to $100 billion. This initiative is part of a broader five-phase plan, with Stargate representing the fifth phase, expected to launch as early as 2028
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🇺🇸 🇺🇸 Federal Reserve Chair Jerome Powell repeated that the US central bank isn’t in any rush to cut interest rates as policymakers await more evidence that inflation is contained
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🚨 🚨 Blackrock has launched the Ethereum-based BlackRock USD Institutional Digital Liquidity Fund, giving investors the opportunity to earn U.S. dollar yields. It is the first tokenized fund by the firm issued on a public blockchain
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🛢️ 🛢️ Oil stocks are finally playing catch up as the energy sector has become one of the best performing sectors of the market this year, according to Morgan Stanley
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🚨 🚨 BREAKING: February PCE inflation, the Fed’s preferred inflation measure, RISES to 2.5%, in-line with expectations of 2.5%. Core PCE inflation was 2.8%, in-line with expectations of 2.8%
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