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AI & Enterprise

OpenAI unveils GPT-6 Astra-based ChatGPT for Financial Services targeting Wall Street junior bankers

OpenAI has unveiled ChatGPT for Financial Services, a version of its enterprise service tailored for finance and built on the GPT-6 Astra model. CNBC reported the tool is optimized for corporate research, financial data analysis and preparation of investment banking presentation materials. Morgan Stanley and Evercore are participating as partners, with initial use focused on investment banking and equity research. OpenAI said demand is high but did not name banks adopting it.

Industry

South Korea set to unveil plan to invest in up to eight U.S. nuclear reactors to meet AI power demand

South Korea will soon announce a large-scale energy investment plan in the United States to support the expansion of the U.S. AI industry, the Wall Street Journal reported. The plan would fund construction of up to eight nuclear reactors and natural gas power plants, and the total could exceed $100 billion. It follows a trade deal under which U.S. tariffs were cut and South Korea pledged investments and energy purchases.

Crypto

Hunter Biden memecoin hits $144 billion then plunges 95 percent in 30 minutes

A memecoin called LAPTOP, which Hunter Biden helped found, surged immediately after trading began and then fell more than 95 percent in about 30 minutes. Cryptopolitan reported the token started trading on Coinbase-built Base and peaked within minutes. Arkham estimated fully diluted value briefly hit $144 billion before dropping to $5 billion. Large token transfers were detected, and one tracked wallet suffered heavy losses. Analysts also warned about concentrated, recently created top holder wallets.