(Reuters) – OpenAI is not expecting its cash flow to turn positive until 2029, Bloomberg […]
Category: Business
China’s DeepSeek releases AI model upgrade, intensifies rivalry with OpenAI
BEIJING (Reuters) – Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 […]
AT&T in talks to buy Lumen’s consumer fiber unit, Bloomberg News reports
(Reuters) -AT&T is in talks to acquire Lumen Technologies’ consumer fiber operations, in a deal […]
Ripple Labs says it settles with US SEC, will pay reduced $50 million fine
By Jonathan Stempel NEW YORK (Reuters) – Ripple Labs agreed to settle a U.S. Securities […]
Apple is welcome to expand investment in China, commerce minister tells CEO
BEIJING (Reuters) – China’s commerce minister told Apple CEO Tim Cook on Monday that the […]
Tesla jumps as possible tariff leeway, lower share price draw investors
By Deborah Mary Sophia and Akash Sriram (Reuters) -Tesla shares surged 10% on Monday after […]
OpenAI COO to spearhead global growth, partnerships in expanded role, Altman says
(Reuters) – OpenAI’s Chief Operating Officer Brad Lightcap will oversee global expansion and corporate partnerships, […]
US oil and gas rigs rise for first time in three weeks, Baker Hughes says
By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas […]
Barclays beats two lawsuits in US over $17.7 billion issuance blunder
(Reuters) – Barclays won the dismissal on Friday of two U.S. securities fraud lawsuits stemming […]
Nvidia to open quantum computing lab, CEO says
By Stephen Nellis SAN JOSE, California (Reuters) -Nvidia will open a quantum computing research lab […]