News list for "Orion"
OpenAI CEO Altman said Wednesday that the GPT-4.5 model, known internally as Orion, will be available "in a few weeks." Foreign media reported in November that Orion has not yet achieved the performance expected by OpenAI. Altman said the model will be the last one the company has launched that does not use additional computing power to mimic the way humans reason. OpenAI has adopted inference models in some of its newer models, including o1 and o3.
Ben vaske, senior investment strategist at Orion Portfolio Solutions, said that the FOMC announced a rate cut of 25 basis points as scheduled today, marking a reduction in their aggressiveness relative to the September rate cut. It is worth noting that long-term interest rates have been on a sharp upward trajectory since the first rate cut and began to decline after today's announcement. In the context of a strong U.S. economy, the road ahead may be more complicated for the Federal Reserve than ...
Rusty Vanneman, chief investment officer at Orion, said today's CPI report was largely in line with expectations, with the headline CPI slightly better than expected year-on-year, falling to 2.9% from an expected 3.0%. Last month, the headline CPI was also 3.0%. Given this week's inflation data, including yesterday's PPI data, and market and survey-based short-term inflation expectations both falling to multi-year lows, the likelihood of a Fed rate cut in September remains strong.
RWA Layer2 project Lumia (formerly Orion) has announced the completion of the RWA Node sale, raising $25 million in less than 20 days, an achievement it says is expected to make Lumia a dominant player in the RWA chain space. The Lumia team said they are excited about the growing interest in its disruptive technology from major institutional investors and the community. More details about this round of financing will be announced soon, the project side said.
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