Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

DAVOS, Switzerland — Bitcoin does nothing, JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the World Economic Forum. “I call it the pet rock,” he added. Dimon is a long-time bitcoin critic. The bank chief said in 2021 at peak crypto valuations that bitcoin was “worthless,” and he doubled down on that sentiment last … Read more

AI models don’t need publishers’ data

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters DAVOS, Switzerland — Sam Altman said he was “surprised” by The New York Times’ lawsuit against his company, OpenAI, saying its artificial intelligence models didn’t need to train on … Read more

Qatar: Red Sea insecurity can only be fixed bu Gaza ceasefire

Addressing the Annual Meeting of the World Economic Forum in Davos, Qatar’s Prime Minister, Sheikh Mohammed bin Abdulrahman Al Thani, said on Tuesday that the American and British attacks on the Houthis can only worsen the security situation in the Red Sea and that the real solution to the security issues there is ceasing … Read more

India goes big to woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

AI will be fine regardless of who wins White House

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — OpenAI founder and CEO Sam Altman said generative artificial intelligence as a sector, and the U.S. as a country are both “going … Read more

War hell for Volodymyr Zelensky at Davos

Volodymyr Zelensky is used to getting his way when it comes to money. Look at the untold billions US taxpayers have given his country to defeat Russian aggression. Money from the private sector has been much less easy. Witness the chilly reception he received from bankers this past week at the World Economic Forum in … Read more

Who said what at the World Economic Forum (WEF)

People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024.  Denis Balibouse | Reuters The potential for generative artificial intelligence, when interest rates might be cut, and the ongoing wars in Ukraine and the Gaza Strip were key topics at the World Economic Forum in Davos, Switzerland this … Read more

Saudi Arabia goes big in Davos as it looks to become a top AI tech hub

A pop-up showcasing Saudi Arabia’s Neom development features among the most prominent on the Davos promenade in 2024. CNBC DAVOS, Switzerland — For years, the United Arab Emirates has been the Middle East’s go-to tech hub, thanks partly to its lack of personal income tax, flexible visa policies, and competitive incentives for international businesses and … Read more

Zelenskyy invites Trump to Kyiv – POLITICO

LONDON — Volodymyr Zelenskyy has invited Donald Trump to Kyiv, but on one condition. The Ukrainian president said the former U.S. president would be welcome to visit him in the capital — as long as Trump is able to stop the war with Russia within 24 hours, as he once promised. Trump has boasted that, … Read more

World’s cartoonists on this week’s events

First published in De Volkskrant, Netherlands, January 17, 2024 | By Schot First published on caglecartoons.com, the Netherlands, January 15, 2024 | By Tom Janssen First published on caglecartoons.com, Costa Rica, January 14, 2024 | By Arcadio Esquivel First published on PoliticalCartoons.com, January 17, 2024 | By Plop and KanKr First published on caglecartoons.com, Austria, … Read more