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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

OpenAI Tests New AI Search Features to Challenge Google

OpenAI is testing a new set of search features named SearchGPT, aimed at directly challenging Alphabet Inc’s Google. This prototype offers users a standalone search experience that may be integrated into ChatGPT, featuring responses with in-line attribution to creators and news publishers. Key Features: SearchGPT: A prototype available on a web browser providing a standalone search experience with in-line attribution to sources. Enhanced User Experience: Users can ask follow-up questions without losing context from the original query. Attribution: The tool includes timely information with prominent links to sources, aiming to highlight high-quality content in a conversational interface. Release and Availability: Limited Release: Initially available to a select group of users who sign up for a waiting list. Feedback and Integration: OpenAI is working with creators and publisher partners for feedback and plans to integrate the most successful features into ChatGPT. Context and Compe...

OpenAI Releases GPT-4o Mini, a Cheaper Version of Flagship AI Model

OpenAI is launching a more affordable, streamlined version of its flagship AI model, GPT-4o, to attract a broader range of developers and business customers in the competitive AI services market. Key Points: New Model Introduction: The new model, GPT-4o mini, is a smaller, cheaper variation of OpenAI’s most advanced model, GPT-4o. GPT-4o mini will be available starting Thursday for free users and ChatGPT Plus and Team subscribers, with enterprise access beginning next week. It will replace the older GPT-3.5 Turbo model in ChatGPT. Model Capabilities: Initially, GPT-4o mini can handle text and image inputs and outputs. Future updates will enable it to process additional types of content. GPT-4o, introduced in May, showcased real-time audio and visual processing, but some features were delayed for safety reasons. GPT-4o mini offers some of the same functionalities, with more planned for the future. Market Strategy: The release of GPT-4o mini aligns with industry trends of offering less c...