Tesla’s Semi factory in Nevada to have first trucks in production by end of 2025
(Reuters) -Tesla, in an update on Semi, said that the first units of the electric trucks will be on the…
Category: Business
S&P removes Boeing’s rating from CreditWatch negative on improving aircraft production
(Reuters) -S&P has removed Boeing’s rating from CreditWatch negative on improving aircraft production and lower cash burn, the global ratings…
DeepMind UK staff plan to unionise and challenge deals with Israel links, FT reports
(Reuters) -Google DeepMind staff in Britain plan to unionise to challenge the company’s decision to sell its artificial intelligence (AI)…
Toyota considers investing in potential $42 billion buyout of key supplier
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor said it is exploring the possibility of investing in a…
China’s Huawei develops new AI chip, seeking to match Nvidia, WSJ reports
(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end…
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…
Amgen to expand Ohio biotech manufacturing plant
By Deena Beasley (Reuters) -Amgen on Friday announced a $900 million expansion of its Ohio biotech manufacturing facility, becoming the…
US calls EU fines on Apple and Meta ‘economic extortion’
By Steve Holland and Kanishka Singh WASHINGTON (Reuters) -The White House said on Wednesday that fines on Apple and Meta…
Tankers chartered by Chevron to move Venezuelan crude seek other business
By Arathy Somasekhar HOUSTON (Reuters) -Some tankers Chevron had chartered to move crude from Venezuela to the United States this…
CME’s profit narrowly misses estimate as higher costs offset trading gains
(Reuters) -Derivatives exchange CME Group’s first-quarter profit fell slightly short of expectations on Wednesday, as a surprise jump in costs…