Perplexity receives legal threat from Amazon over agentic AI shopping tool
(Reuters) -Perplexity AI said on Tuesday it has received a legal threat from Amazon.com demanding that the startup block the…
Iraq can disarm factions only when the US withdraws, prime minister says
By Timour Azhari and Ahmed Rasheed BAGHDAD (Reuters) -Iraq has pledged to bring all weapons under the control of the…
Trump says China, other countries can’t have Nvidia’s top AI chips
By Alexandra Alper (Reuters) -Artificial intelligence giant Nvidia’s most advanced chips will be reserved for U.S. companies and kept out…
Microsoft to invest over $15 billion in UAE, secures US export licenses for Nvidia chips
By Federico Maccioni ABU DHABI (Reuters) -Microsoft will invest over $15 billion in the United Arab Emirates in the seven…
Samsung hit with $191.4 million US jury verdict in OLED patent trial
By Blake Brittain (Reuters) -Samsung Electronics owes patent owner Pictiva Displays $191.4 million in damages for infringing two U.S. patents covering…
OpenAI turns to Amazon in $38 billion cloud services deal after restructuring
By Deborah Mary Sophia and Aditya Soni (Reuters) -OpenAI has signed a seven-year, $38 billion deal to buy cloud services…
Fed’s Logan says this week’s rate cut was not needed, opposes one in December
(Reuters) -The U.S. central bank should not have cut interest rates this week and should not do so again in…
Trump declines to rule out underground nuclear tests
WASHINGTON (Reuters) -President Donald Trump reaffirmed on Friday that the U.S. would resume nuclear testing, and he did not answer…
Volkswagen secures credit lines from Brazil’s BNDES to boost hybrids
SAO PAULO (Reuters) -Volkswagen said on Friday it has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s…
Amazon shares soar as AI boom fuels stellar growth in AWS cloud unit
By Rashika Singh and Deborah Mary Sophia (Reuters) -Amazon shares surged more than 11% in early trading on Friday after…