Bitcoin (BTC) has jumped over 35% to over $52,000 since Jan. 23, consistent with its reputation of chalking double-digit gains in a matter of weeks. The latest move, however, stands out because it has materialized alongside a resurgent U.S. dollar index (DXY) and Treasury yields.
OpenAI teased a new artificial intelligence system that can create realistic-looking videos based on text prompts from users, making it the latest AI company to embrace generative video technology.
Japan’s economic contraction is connected to its shrinking population, wrote Paul Donovan, chief economist at UBS Global Wealth Management, in a note Thursday. In 2022, the nation’s population declined by 800,000, marking the 14th consecutive year of contraction. That limits the country’s ability to grow because it means “fewer people make and consume fewer things,” Donovan said.
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OpenAI Marches on Hollywood With Video Creation Tool