Instatnt View: Fed doesn’t change rates, will slow pace of balance sheet reduction
(Reuters) – The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they…
Amazon loses court fight against record $812 million Luxembourg privacy fine
By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine…
Nvidia, Musk’s xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure
(Reuters) -Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand…
State Dept denies deleting data on halted program tracking abducted Ukrainian children
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The U.S. State Department on Wednesday denied that data collected in…
Automakers, tech industry urge Trump to speed self-driving car deployment
By David Shepardson WASHINGTON (Reuters) – Major automakers and tech groups on Tuesday called on the Trump administration to take…
Adobe rolls out AI agents for online marketing tools
By Stephen Nellis SAN FRANCISCO (Reuters) – Adobe on Tuesday said it is rolling out artificial intelligence “agents” that brands…
GM to use Nvidia AI chips, software to automate vehicles, factories
By Kalea Hall and Abhirup Roy (Reuters) – General Motors will use artificial intelligence chips and software from Nvidia to…
Trump administration reinstating almost 25,000 fired workers after court order
By Daniel Wiessner (Reuters) -The Trump administration in court filings has for the first time acknowledged that it fired nearly…
SEC may scrap Biden-era crypto asset custody proposal, acting chief says
(Reuters) -Wall Street’s top regulator is considering changing or scrapping regulations proposed under the prior administration that would require investment…
Nvidia CEO to defend AI dominance as competition intensifies
By Stephen Nellis and Max A. Cherney (Reuters) – When Nvidia CEO Jensen Huang takes the stage this week for…