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Category: Business

Business

OpenAI unveils new AI model as competition intensifies

By Anna Tong and Akash Sriram (Reuters) -ChatGPT maker OpenAI said on Monday it would release a new AI model…

France secures jobs, investments from Amazon, Pfizer and Morgan Stanley
Business

France secures jobs, investments from Amazon, Pfizer and Morgan Stanley

By Sudip Kar-Gupta and Elizabeth Pineau PARIS (Reuters) -France secured on Sunday new jobs and investments with Internet giant Amazon,…

Arm plans to launch AI chips in 2025, Nikkei reports
Business

Arm plans to launch AI chips in 2025, Nikkei reports

(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei…

South Korea prepares support package worth over $7 billion for chip industry
Business

South Korea prepares support package worth over $7 billion for chip industry

SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than…

Chinese companies win licensing bids to explore Iraq oil and gas fields
Business

Chinese companies win licensing bids to explore Iraq oil and gas fields

By Moayed Kenany, Timour Azhari and Adam Makary BAGHDAD (Reuters) -Chinese companies won bids to explore five Iraqi oil and…

Musk’s Starlink satellites disrupted by major solar storm
Business

Musk’s Starlink satellites disrupted by major solar storm

By Utkarsh Shetti (Reuters) -Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a “degraded service” as…

After layoffs, Musk says Tesla to spend $500 million on charging network
Business

After layoffs, Musk says Tesla to spend $500 million on charging network

(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…

BP looks to expand EV charging unit in US after Tesla disbands Supercharger team
Business

BP looks to expand EV charging unit in US after Tesla disbands Supercharger team

(Reuters) -BP’s electric charging unit is keen on expanding in the United States after electric vehicle maker Tesla disbanded its…

Apple to power AI servers with its chips, Bloomberg News reports
Business

Apple to power AI servers with its chips, Bloomberg News reports

(Reuters) – Apple will deliver some of its upcoming artificial intelligence features this year through data centers powered by its…

Google DeepMind unveils next generation of drug discovery AI model
Business

Google DeepMind unveils next generation of drug discovery AI model

By Martin Coulter LONDON (Reuters) – Google Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model,…

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