Apple held talks with China’s Baidu over AI for its devices, WSJ reports
(Reuters) -Apple has held preliminary talks with Baidu <9888.HK> about using the Chinese company’s generative artificial-intelligence technology in its devices…
Month: March 2024
Reddit shares end trading up 48% in market debut
By Niket Nishant and Echo Wang (Reuters) – Social media platform Reddit’s shares ended their first day of trading in…
US Congress advances $1.2 trillion spending package to avert shutdown
By David Morgan and Makini Brice WASHINGTON (Reuters) -After days of delay, U.S. congressional leaders unveiled a $1.2 trillion bipartisan…
Fed sees three rate cuts in 2024 but a more shallow easing path
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday recent high inflation readings…
Chipmaker Micron’s shares surge as AI boom drives strong forecast
By Arsheeya Bajwa and Harshita Mary Varghese (Reuters) -Memory chip maker Micron Technology tapped a surge in artificial intelligence adoption…
Astera Labs shares jump over 70% in stellar Nasdaq debut
By Arasu Kannagi Basil and Echo Wang (Reuters) -Shares of Astera Labs jumped as much as 76% in their Nasdaq…
Nvidia stock climbs as CFO says new chip to ship in 2024
By Max A. Cherney, Stephen Nellis and Medha Singh SAN JOSE, California (Reuters) -Nvidia’s stock climbed on Tuesday after the…
IPO-bound Reddit discloses patent infringement complaint from Nokia
By Niket Nishant (Reuters) -Reddit is evaluating a letter from Nokia Technologies alleging it infringed some of the telecom and…
Microsoft taps DeepMind co-founder Suleyman to spearhead consumer AI push
(Reuters) – Microsoft has appointed DeepMind co-founder Mustafa Suleyman as the head of a newly created consumer AI unit and…
Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
By Max A. Cherney and Stephen Nellis SAN JOSE, California (Reuters) – Nvidia Chief Executive Jensen Huang on Monday kicked…