Amazon announces new cloud AI chip as Microsoft rivalry intensifies
By Stephen Nellis (Reuters) -Amazon.com on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition…
Category: Business
Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday
(Reuters) -Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of…
X may lose up to $75 million by year-end on advertiser exodus – NYT
(Reuters) – Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the…
Amazon hit by strikes, protests across Europe during Black Friday trade
LONDON (Reuters) -Amazon workers walked out on strike at multiple locations across Europe on Friday in protests against the U.S.…
Ark Investments sets 0.80% fee for proposed spot bitcoin ETF
By Suzanne McGee (Reuters) – ARK Investment Management led by Cathie Wood, and Swiss cryptocurrency manager 21Shares, plan to charge…
Tesla ready to invest up to $2 billion to build India factory, but with riders -ET
BENGALURU (Reuters) – Tesla is ready to invest up to $2 billion to set up a factory in India if…
AI poster child Altman back at OpenAI, may have fewer checks on power
By Aditya Soni (Reuters) – Sam Altman’s return as OpenAI’s chief executive will strengthen his grip on the startup and…
Glencore to build pilot battery recycling plant outside of Italy
By Francesca Landini and Alvise Armellini ROME (Reuters) – Glencore has decided to build a pilot project for an electric…
Exclusive-OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say
By Anna Tong, Jeffrey Dastin and Krystal Hu (Reuters) -Ahead of OpenAI CEO Sam Altman’s four days in exile, several…
US weekly jobless claims fall; business spending on equipment easing
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected…