OpenAI wants to replace bankers’ grunt work

Catch up on the stories you might have missed this week, selected by Bloomberg editors.

OpenAI Looks to Replace the Drudgery of Junior Bankers’ Workload

More than 100 ex-investment bankers are helping train its AI on how to build financial models.

China’s Global Network of Shipping Ports Is Too Big for Trump to Unravel

Chinese companies own or operate terminals at more than 90 deepwater ports overseas, including 34 of the top 100 busiest ports.

‘I Want My Inheritance Now’: Older People are Losing Their Life Savings to Family Members

As housing stress and cost-of-living pressures mount, adult children are asking parents to unlock their wealth early — or stop spending it.

Don Don Donki Billionaire Primes 24-Year-Old Heir for Retail Empire

Japan’s $21 billion quirky discount chain eyes growth as succession looms.

Saudi Arabia’s New Pitch to Wall Street: Less Neom, More AI

The kingdom is turning away from what would have been one of the world’s biggest construction projects and preparing to pour billions elsewhere.

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