LSEG teams up with Anthropic to give Claude users access to financial data

OPPO is fully committed to AI as a driver for smartphone demand, targeting 100 million users of their generative AI features by 2025. The company is implementing system-level AI integration, partnering with Google to incorporate Gemini into native apps, and optimizing hardware for AI processing. OPPO's strategy includes personalized AI experiences through AI Mind Space, with monthly feature updates planned for productivity, creativity, and imaging capabilities. Despite concerns about an AI "bubble," OPPO remains confident in AI's lasting value, supporting this with robust security measures and an open platform approach across 108 countries.

Nvidia has announced a $1 billion investment in Nokia's Finnish operations, one of Finland's largest tech investments. The multi-year partnership will establish an AI research hub in Espoo, employing hundreds of engineers to combine Nvidia's AI technology with Nokia's 5G expertise. The collaboration aims to advance AI-powered networks, position Finland as a European leader in mobile and AI solutions, and stimulate job creation. Construction of the joint research facility will begin in early 2026, focusing initially on AI-powered network management tools and 5G infrastructure optimization.

OpenAI plans to restructure into a for-profit benefit corporation to attract investors, potentially reaching a $150 billion valuation. CEO Sam Altman may receive equity for the first time, though he denied rumors of a "giant equity stake" at an all-hands meeting. The restructuring would have the non-profit board relinquish control of the for-profit entity while retaining a minority stake. OpenAI is seeking $6.5 billion in funding from major tech companies including Microsoft, Nvidia, and Apple.

The private lending market is showing signs of overheating as major investment firms increasingly provide credit to large established companies. Industry executives describe conditions as "frothy," with multi-billion dollar deals becoming more common in 2024-2025. This shift from private credit's traditional focus on small and mid-sized businesses has intensified competition, pushing down loan pricing and potentially loosening lending standards. Despite warnings about risk management from senior executives like Apollo's Jim Zelter, the private credit sector continues rapid expansion, with global assets expected to exceed $2 trillion in 2025. While institutional investors are drawn to private credit as an alternative to low-yield traditional investments, industry leaders urge discipline amid concerns that relaxed standards could create vulnerabilities during economic downturns.