Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and…
Category: Business
Big Oil finds more to love in deepwater exploration fields
By Georgina McCartney HOUSTON (Reuters) -As Big Oil returns this week to the industry’s annual showcase for offshore energy projects…
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the…
Paramount bidders await word from special committee evaluating options
By Dawn Chmielewski (Reuters) -A special committee of the Paramount Global board charged with evaluating offers for the company met…
Foxconn reiterates Q2 revenue to grow, posts record April sales
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and the biggest assembler of Apple’s iPhone, reiterated on…
Buffett talks succession and Berkshire’s future at annual meeting
(Reuters) -Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner…
Google trial wraps up as judge weighs landmark US antitrust claims
By Mike Scarcella WASHINGTON (Reuters) -Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that…
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
(Reuters) – Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A shares of the social media company,…
Exxon to take 18-24 months to hit full stride with Pioneer purchase
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from…
US small caps struggle as elevated interest rates take a toll
By David Randall NEW YORK (Reuters) – The prospect of interest rates remaining elevated as the Federal Reserve battles inflation…