(Reuters) – Elon Musk’s social media platform X was largely restored for most users after an outage that impacted tens…
Category: Business
Some US banks explore venturing into crypto with joint stablecoin, WSJ reports
(Reuters) -Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall…
Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reports
(Reuters) -Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center, the Financial…
Chile taps Rio Tinto for second major lithium project
By Daina Beth Solomon SANTIAGO (Reuters) – Global miner Rio Tinto has been selected by Chile for the second time…
China’s Bilibili launches $575 million convertible notes offering
(Reuters) -China’s online video-sharing platform Bilibili said on Wednesday it is offering up to $575 million worth of convertible notes…
AT&T agrees to buy Lumen’s consumer fiber business for $5.75 billion in cash
By Milana Vinn (Reuters) -AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in…
Zoom lifts annual forecasts on robust demand amid AI push
(Reuters) -Zoom Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial…
Microsoft to add Anthropic’s AI coding agent to its GitHub service
SEATTLE (Reuters) -Microsoft said it will add an artificial intelligence coding agent from Google-backed startup Anthropic to its GitHub service.…
German chipmaker Infineon to work with Nvidia on power delivery chips
By Stephen Nellis SAN FRANCISCO (Reuters) -German chipmaker Infineon said on Tuesday it will work with Nvidia on developing chips…
Andreessen Horowitz-backed studio Promise partners with Google on AI, adds investors
(Reuters) -Generative AI studio Promise, backed by venture capital firm Andreessen Horowitz, said on Tuesday that it had partnered with…