China’s DeepSeek releases AI model upgrade, intensifies rivalry with OpenAI
BEIJING (Reuters) – Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition…
Category: Business
US copper imports soar to 500,000 tons amid tariff threats, says Bloomberg
(Reuters) – Mercuria estimates that about 500,000 tons of copper are heading to the U.S., against normal monthly imports of…
Former Intel CEO Gelsinger joins religious-oriented tech firm Gloo for AI push
By Stephen Nellis SAN FRANCISCO (Reuters) – Gloo, a Boulder, Colorado-based firm that offers technology tools to Christian churches and…
Tesla jumps as possible tariff leeway, lower share price draw investors
By Deborah Mary Sophia and Akash Sriram (Reuters) -Tesla shares surged 9% on Monday after this year’s steep decline following…
Gold dips on higher dollar, still eyes third weekly gain
By Anmol Choubey (Reuters) – Gold fell over 1% on Friday due to a stronger dollar and profit-taking, although lingering…
Activist Elliott meets BP investors to discuss more changes, sources say
By Sarah McFarlane and Shadia Nasralla (Reuters) – Activist investor Elliott Management has met several large shareholders in BP to…
Chipmaker Micron’s shares slump as tepid margin forecast eclipses AI prospects
(Reuters) – Micron’s shares fell 8% on Friday, as its dour margin forecast took the shine off a robust quarterly…
Tether is in talks with ‘Big Four’ firm about reserve audit, CEO says
By Hannah Lang and Elizabeth Howcroft (Reuters) – Tether, the creator of the world’s largest stablecoin, is “engaging with a…
North Dakota oil regulator expects lower oil prices this year amid Trump tariff uncertainty
By Georgina McCartney HOUSTON (Reuters) – Oil prices will likely slip this year, the director of North Dakota’s state oil…
Factbox-Lilly’s weight-loss drug launch in India to energize rivals eyeing mega market
(Reuters) -Eli Lilly on Thursday launched in India its diabetes and weight-loss drug, Mounjaro, which has already clocked in over…