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2025-05-16 18:00:19| Fast Company

OpenAI launched a research preview on Friday of what its calling its most capable AI coding agent yet. Codex, a cloud-based software engineering agent, can write features, answer questions about a codebase, fix bugs, and propose pull requests for review. Several tasks can run simultaneously, and users retain full access to their computers while the agent takes anywhere from one to 30 minutes to complete a task. Since its still in research preview, the tool remains in early development. The company said in a blog post that it “currently lacks features like image inputs for front-end work, and the ability to course-correct the agent while it’s working. Additionally, delegating to a remote agent takes longer than interactive editing, which can take some getting used to.” Over time, however, the company said using the service will feel more like asynchronous collaboration with colleagues. Codex is available to ChatGPT Pro, Enterprise, and Team subscribers. Users will have “generous access at no additional cost” for a few weeks, after which OpenAI plans to introduce pricing options and rate-limited access. Friday’s launch comes as part of a broader rise of AI tools for software engineers that are meant to handle repetitive, boring tasks rather than take over the whole gamut. “We imagine a future where developers drive the work they want to own and delegate the rest to agentsmoving faster and being more productive with AI,” OpenAI said. Companies in the AI coding space are seeing massive revenues and high valuations. Anysphere, the startup behind coding platform Cursor, reportedly raised $900 million at a $9 billion valuation. Major tech companies are also racing to stake their claim. OpenAI competitor Anthropic released an agentic coding tool in February. In April, Google added new features to its AI coding agent, and Microsoft has been active in the space as well. In addition to Codex, OpenAI is reportedly in talks to acquire Windsurf, a maker of AI coding tools, for around $3 billionpotentially its largest acquisition to date. Investor confidence in OpenAI appears strong. In March, the company announced it had raised $40 billion at a $300 billion post-money valuation, making it one of the most valuable companies in the world.


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2025-05-16 16:45:00| Fast Company

Adults with grown children are often still helping support them financially. And sometimes, those contributions take away from the funds they would otherwise be saving for retirement. According to a recent Savings.com survey of 1,000 U.S. adults with grown children, half regularly assist them financially. Those numbers are going up in recent years. On average, parents are shelling $1,474 monthly to help their adult children, which is about 6% more than they provided the previous year. More than 80% said they helped pay for groceries; 65% said they foot their grown child’s cellphone bill; and nearly half (46%) even fund their adult children’s vacations. Those monthly contributions add up, coming out to a contribution of around $17,688 per yeararound twice as much as theyre putting into their own retirement savings. Nearly half (47%) say they’ve sacrificed their own financial well-being and preparedness to help their grown kids find their footing.  While older generations are often quick to call Gen Zers lazy or entitled, young workers are at a financial disadvantage. Not only are unemployment rates rising for recent college graduates, but an increasing number are underemployed.  And, according to LinkedIn’s 2025 Grad Guide, college graduates are more frequently taking jobs that don’t typically require degrees. In fact, the fastest growing field for college graduates is construction. Real estate, utilities, wholesale, and administrative service jobs are up for the group, too, suggesting that four-year-degrees are not necessarily helping graduates land higher-paying jobs as often as they once did. Parents seem to know that their adult children are up against big challenges, which is likely why so many help pay their bills. Forty percent said they felt pressured to give to their grown children even when it negatively impacted their own stability, and 35% said they feel it’s their responsibility to provide that support.  Some say they’ve set deadlines for when they will stop funding their adult children’s lives. Eleven percent plan to cut the cord within a year; 26% within one to two years; and 28% three to four years down the line. However, for some, the commitment is for life. Around 18% say there is no deadline at all for their grown children to become financially independent.


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2025-05-16 15:18:54| Fast Company

An environment conference opened in Nepal on Friday to discuss global climate change, including the impact on the highest Himalayan peaks where snow and ice are melting.The three-day conference in Kathmandu titled, “Climate Change, Mountains and the Future of Humanity,” is expected to include discussions of critical climate issues.“From the lap of Sagarmatha (Everest), the world’s highest peak, we send this message loud and clear that to protect the mountains is to protect the planet. To protect the mountains is to protect our seas. To protect the mountains is to protect humanity itself,” Nepal Prime Minister Khadga Prasad Oli told participants at the opening meeting.Nepal is home to eight of the tallest mountains in the world including Mount Everest. A high level of glaciers melting in the Himalayan mountains because of global warming has raised signficant concerns. Melting snow and ice have exposed the mountains and increased the risk of rock slides, landslides and avalanches.Scientists have warned the Himalayan mountains could lose up to 80% of their glaciers if the Earth warms in coming decades or centuries. They say flash floods and avalanches also could become more likely in coming years, in part because of climate change.“The tragedy is that the Himalayas are facing an unprecedented stress test in real time today, exposing not only the fragile nature of our mountain ecosystems but also a glaring evidence of the lack of meaningful global climate action,” Nepal Foreign Minister Arzu Rana Deuba said. “As a mountainous country with high disaster risk vulnerability, Nepal faces a stark predicament.”Nepal has experienced a series of severe weather events in the recent past with devastating impacts on people and their livelihoods, Deuba said.“Floods and glacial lake outbursts have caused large-scale destruction and damage, and droughts, water scarcity and forest fires have brought untold suffering to the people across the country,” she said.Ministers from neighboring India, Bhutan, and Maldives are attending the conference.Organizers have said they intend to publish a Kathmandu declaration after the discussions end Sunday. Binaj Gurubacharya, Associated Press


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