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Day: February 16, 2024

US considering more than $10 billion in subsidies for Intel -Bloomberg News
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US considering more than $10 billion in subsidies for Intel -Bloomberg News

(Reuters) -The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp, Bloomberg News…

February 16, 2024February 17, 2024
OpenAI valued at $80 billion after deal, NYT reports
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OpenAI valued at $80 billion after deal, NYT reports

(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New…

February 16, 2024February 17, 2024
Navalny’s death shocks, but doesn’t shift, divided US Congress
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Navalny’s death shocks, but doesn’t shift, divided US Congress

By Patricia Zengerle and Makini Brice WASHINGTON (Reuters) – U.S. lawmakers expressed shock and outrage at the death of Russian…

February 16, 2024February 16, 2024
Fed signals ‘patience’ on rate cuts as data disappoints
General

Fed signals ‘patience’ on rate cuts as data disappoints

By Howard Schneider and Michael S. Derby WASHINGTON/NEW YORK (Reuters) -A week of disappointing U.S. economic data, including stronger-than-expected inflation…

February 16, 2024February 16, 2024
OpenAI, Meta and other tech giants sign effort to fight AI election interference
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OpenAI, Meta and other tech giants sign effort to fight AI election interference

By Sheila Dang and Katie Paul (Reuters) – A group of 20 tech companies announced on Friday they have agreed…

February 16, 2024February 16, 2024
Applied Materials hits record high on strong forecast from AI boost
General

Applied Materials hits record high on strong forecast from AI boost

(Reuters) -Applied Materials shares jumped 8% to hit an all-time high on Friday after the semiconductor equipment supplier forecast a…

February 16, 2024February 16, 2024

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