Top Gap Ups and Downs on Friday: AZN, NEE, AMT and More
HSBC Buys Back Nearly Over 9 Million Shares
Chung Hing Mortgage: Hong Kong banks promote estimated interest mortgage plans to stabilize interest income, expected not to trigger an interest rate war.
HSBC (00005), BoC (02388) successively launched fixed-rate mortgage plans, locking the interest for up to 5 years, with fixed interest rates between 3.15% and 3.35%, lower by 0.525% to 0.725% compared to the current market interest level of 3.875%.
Market Chatter: HSBC to Cut Executives' Travel, Internal Events to Lower Costs
OpenAI Secures $4B Credit Line To Supercharge AI Ambitions And Expand Nvidia-Powered Infrastructure: 'Provides Flexibility To Seize Future Growth Opportunities'
After completing a round of major financing, OpenAI has obtained a new $4 billion revolving credit line.
OpenAI announced on Thursday that the company has obtained a new revolving credit line of 4 billion dollars. The day before, the developer of the chatbot ChatGPT completed a round of financing of 6.6 billion dollars, solidifying its position as one of the world's most valuable private companies. OpenAI stated that this line of credit will increase its liquidity to 10 billion dollars, enabling the startup to purchase expensive computational power like Nvidia chips and compete with technology giants such as Google under Alphabet. OpenAI CFO Sarah Friar said: "This credit line will..."
