Bernstein analyst Stacy Rasgon states that OpenAI's new model architecture will require significantly more compute capacity than previous iterations.

According to Bernstein analyst Stacy Rasgon, a new OpenAI model means more compute will be needed. Goldman Sachs’ Eric Sheridan stated that AI will be the dominant theme of Communacopia. Mohamed El-Erian remarked, “I would argue for no hike if I were on the FOMC.” Verizon and Corning announced a multi-billion dollar partnership for fiber to build AI connectivity. U.S. forces reportedly struck Iranian tankers in response to Iran’s attempts to attack U.S. Navy warships. Wall Street is also monitoring developments inside Italy’s banking M&A boom. Market data is provided as a real-time snapshot, though global business and financial news, stock quotes, and market data and analysis are delayed at least 15 minutes. © 2026 Versant Media, LLC. All Rights Reserved. A Versant Media Company.