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Day: March 11, 2024

Oracle tops quarterly profit estimates on AI demand, shares surge
Business

Oracle tops quarterly profit estimates on AI demand, shares surge

By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia,…

March 11, 2024March 11, 2024
Ford to pay $365 million in US import tariff evasion case
Business

Ford to pay $365 million in US import tariff evasion case

By David Shepardson WASHINGTON (Reuters) – Ford Motor will pay $365 million to resolve U.S. allegations it violated a federal…

March 11, 2024March 11, 2024
Hypersonic weapon startup Castelion has first prototype missile test
Business

Hypersonic weapon startup Castelion has first prototype missile test

By Mike Stone WASHINGTON (Reuters) – Castelion, a startup trying to build a hypersonic weapon for the Pentagon, tested its…

March 11, 2024March 11, 2024
Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source
Business

Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source

(Reuters) – Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger “Grok” this week,…

March 11, 2024March 11, 2024
Nvidia is sued by authors over AI use of copyrighted works
Business

Nvidia is sued by authors over AI use of copyrighted works

By Jonathan Stempel (Reuters) – Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it…

March 11, 2024March 11, 2024
Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout probe
Domestic

Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout probe

(Reuters) -Alaska Airlines said on Saturday it is cooperating with the U.S. Department of Justice after a criminal investigation was…

March 11, 2024March 11, 2024

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