HSBC to buy Citi’s China consumer wealth business

HSBC Holdings Plc has agreed to acquire Citigroup Inc’s consumer wealth portfolio in China, including clients, assets under management and deposits, the two banks announced on Monday. The deal, which…

OpenAI considers making its own AI chips: Reuters

OpenAI, the creator of ChatGPT, is looking into making its own chips for artificial intelligence and has even considered buying a chip company, sources familiar with the company’s plans told…