AMD’s AI chips could match Nvidia’s offerings, software firm says
By Stephen Nellis (Reuters) -Artificial intelligence chips from Advanced Micro Devices are about 80% as fast as those from Nvidia…
Month: June 2023
Biden calls Supreme Court student loan ruling wrong, will deliver remarks
WASHINGTON (Reuters) – President Joe Biden on Friday called the U.S. Supreme Court ruling that blocked his plan to cancel…
Bausch + Lomb buys Novartis drugs for $1.75 billion to boost eye-care portfolio
(Reuters) – Bausch + Lomb said on Friday it would acquire several Novartis eye-care products for $1.75 billion as their…
Factbox-Governments race to regulate AI tools
(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws…
US FDA approves BioMarin’s gene therapy for hemophilia A
By Nathan Gomes (Reuters) -The U.S. Food and Drug Administration on Thursday approved BioMarin Pharmaceutical’s gene therapy for severe hemophilia…
US weekly jobless claims post biggest drop in 20 months as economy shows stamina
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week by…
Chinese spy balloon did not collect information over US -Pentagon
WASHINGTON (Reuters) – A Chinese spy balloon that flew over the United States earlier this year before being shot down…
Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
By Niket Nishant and Krystal Hu (Reuters) -Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday…
Exclusive-Exxon Mobil expands lithium bet with Tetra Technologies deal
By Ernest Scheyder (Reuters) – Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra…
Apple stock hits record, on cusp of $3 trillion market value
By Akash Sriram and Noel Randewich (Reuters) -Apple’s stock climbed to a record high close on Wednesday and was on…