By Supantha Mukherjee PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to…
Category: Business
BofA CEO expects trading gains for 13th straight quarter while investment banking slips
By Saeed Azhar and Arasu Kannagi Basil NEW YORK (Reuters) -Bank of America expects its trading revenue to grow by…
Tesla robotaxi rollout in Austin tests Musk’s vision of self-driving future
By Chris Kirkham (Reuters) -Tesla faces an existential test this month as it aims to launch self-driving “robotaxis” in its…
Nvidia, HPE to build new supercomputer in Germany
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia and Hewlett Packard Enterprise said on Tuesday they are partnering with the Leibniz…
Snap to launch smart glasses for users in 2026 in challenge to Meta
(Reuters) -Snap will launch its first-ever smart glasses for all consumers next year, ratcheting up competition with bigger rival Meta…
Live Nation to invest $1 billion in US music venues
(Reuters) -Live Nation Entertainment said on Tuesday it will invest $1 billion to build 18 new live music venues across…
Crypto funds’ assets hit record high as investors hedge and diversify
By Patturaja Murugaboopathy (Reuters) -Assets held in crypto funds hit a record high in May as easing trade tensions lifted…
OpenAI’s annualized revenue hits $10 billion, up from $5.5 billion in December 2024
(Reuters) -OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of June, positioning the…
Disney to pay additional $438.7 million for NBCU’s stake in Hulu
(Reuters) -Walt Disney said on Monday it has completed its purchase of Hulu, agreeing to pay NBCUniversal an additional $438.7…
Retail traders scooped up Tesla as Trump-Musk spat hit stock
By Suzanne McGee and Saqib Iqbal Ahmed NEW YORK (Reuters) -Retail investors seem to have spotted an opportunity in the…