Power Struggles, Market Shake-Ups & Green AI—What’s Real? | GFM Review
What a start to 2025! The GFM Review Awards are in full swing, and we’re thrilled to see so many deserving winners already. Innovation is alive and well in finance, and we’ve had the privilege of speaking with some truly game-changing companies. If you haven’t submitted your nomination yet—what are you waiting for?
This week, we’re diving into some of the biggest financial and tech shake-ups making headlines. Nissan and Honda’s failed merger exposes a deeper power struggle in Japan’s auto industry. Meanwhile, Texas is making bold moves to challenge Wall Street’s dominance, raising questions about whether the financial epicentre of the U.S. is shifting. And over in Silicon Valley, OpenAI claims ChatGPT’s latest version is significantly more energy-efficient—but is this a true breakthrough or just clever PR? These stories are not just news; they could reshape industries, influence regulations, and redefine the future of finance and technology.
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Nissan and Honda scrapped their merger talks after clashing over control. Nissan refused to become Honda’s junior, exposing deep power struggles in Japan’s auto industry. Can they still collaborate on EVs, or is this a bigger rift?
The NYSE is setting up shop in Texas, challenging Wall Street’s dominance. Lower taxes, looser regulations, and corporate exodus fuel the move. Is Texas the new financial powerhouse, or is this just a political stunt?
OpenAI boasts ChatGPT’s energy use is minimal, but critics aren’t buying it. Is this a genuine breakthrough, or just a marketing ploy to deflect scrutiny over AI’s growing carbon footprint? The debate is heating up.
Award winners were announced, but if you missed them we had a number of really interesting organisations, I've included some of them. Check them out, these business are all bringing something and disruptive to their industries.
LGR Global revolutionizes trade finance with its blockchain-powered $SRC Business Ecosystem. It facilitates seamless cross-border payments, liquidity management, and supply chain tracking using Distributed Ledger Technology. By integrating financial institutions, logistics providers, and traders, LGR enhances efficiency, security, and accessibility in global trade finance.
Established in 2021, Sudhan Gold Loan offers quick and secure gold loans with competitive interest rates, primarily serving rural and tier-III cities in India. In collaboration with an extensive network of credit societies across multiple states, Sudhan provides loans with interest rates ranging from 6% to 15%, disbursing funds in just 14 minutes and offering up to 90% of the gold's value. The company aims to empower individuals in underserved areas by providing accessible financial solutions.
Step is a financial services platform designed to help young adults build credit and manage money responsibly. Based in Palo Alto, it offers a mobile banking app with a secured Visa card, FDIC-insured accounts, and financial education tools. Step empowers users with seamless, fee-free banking and smart money management features.
Hope you found some of this interesting, your feedback is always welcome. We produce this for you after all.?
See you next week.?
Brett
Which story do you think will cause the biggest ripple in 2025—Nissan and Honda’s merger fallout, Texas challenging Wall Street, or ChatGPT’s “green AI” claims? Share your thoughts below, and let’s see where the conversation takes us. ??