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…
Month: February 2024
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…
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…
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…
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…
JPMorgan, State Street quit climate group, BlackRock steps back
By Simon Jessop and Ross Kerber (Reuters) -JPMorgan Chase’s and State Street’s investment arms on Thursday both quit a global…
Trump to stand trial on March 25 in NY criminal hush money case
By Luc Cohen and Jack Queen NEW YORK (Reuters) -Donald Trump will become the first former U.S. president to stand…
NYCB discloses over $18.7 billion in reciprocal deposit capacity, shares rise
By Manya Saini (Reuters) -New York Community Bancorp shares rose 5% on Thursday after it disclosed it has more than…
Airbus unveils special dividend, takes new charge in space
By Tim Hepher PARIS (Reuters) -Europe’s Airbus bowed to investor pressure to return some cash with a special dividend and…
Oil falls by more than $1/bbl on US crude build, security threat worries
By Laila Kearney NEW YORK (Reuters) – Oil futures sank by $1 a barrel on Wednesday as surging U.S. crude…