US Senate defeats bid to stop F-16 fighter jet sale to Turkey
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate on Thursday soundly defeated an effort to stop the $23 billion sale…
Month: February 2024
Robotics startup Figure raises $675 million from Microsoft, Nvidia, OpenAI
By Harshita Mary Varghese and Krystal Hu (Reuters) -Robotics startup Figure said on Thursday it raised $675 million in a…
Retail investors’ AI bet C3.ai climbs on strong results, forecast
(Reuters) -C3.ai shares jumped 24% to a six-month high on Thursday after the AI software firm delivered third-quarter results ahead…
OpenAI says New York Times ‘hacked’ ChatGPT to build copyright lawsuit
By Blake Brittain (Reuters) -OpenAI has asked a federal judge to dismiss parts of the New York Times’ copyright lawsuit…
Microsoft’s deal with Mistral AI faces EU scrutiny
By Martin Coulter and Foo Yun Chee LONDON/BRUSSELS (Reuters) – Microsoft’s deal with French tech startup Mistral AI has provoked…
Barclays to sell $1.1bn of US credit card debt to Blackstone
LONDON (Reuters) – Barclays has agreed to sell about $1.1 billion of credit card debt in the United States to…
Zoom Video shares gain on strong results, $1.5-billion buyback
(Reuters) -Zoom Video Communications’ shares gained more than 7% in early trading on Tuesday after the company delivered better-than-expected results…
Expedia to cut about 1,500 jobs globally amid moderating travel demand
(Reuters) -Online travel platform Expedia said on Monday it was cutting about 1,500 jobs globally, or about 9% of its…
Zoom beats estimates on strong product demand, announces share buyback
By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for its expanding…
Nvidia bets dominate US options market as AI fervor grows
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors’ fervor for all things AI-related is leaving its mark on the…