Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports
March 6 (Reuters) – Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas…
BlackRock limits withdrawals as redemptions rattle private credit fund
March 6 (Reuters) – BlackRock said on Friday it has put limits on withdrawals from a flagship private credit fund…
Blue Owl draws record short bets as private credit remains under fire
March 5 (Reuters) – Short sellers have ratcheted up bets against private credit firm Blue Owl Capital, with short interest…
Palantir faces challenge to remove Anthropic from Pentagon’s AI software
By David Jeans and Mike Stone NEW YORK, March 4 (Reuters) – Palantir is the latest company to face the painful…
Codelco, Microsoft sign AI deal for mining operations
SANTIAGO, March 5 (Reuters) – Chile’s state-owned Codelco, the world’s largest copper producer, and Microsoft signed a memorandum of understanding…
Wall Street sees early drop as Iran war drives bond selloff
By Marc Jones LONDON, March 5 (Reuters) – Wall Street took an early dip on Thursday as the Iran conflict…
Intel CEO Tan reconsidering fate of chipmaker’s new manufacturing tech, CFO says
March 4 (Reuters) – Intel CEO Lip-Bu Tan is now starting to recognize its 18A manufacturing technology as a potential…
Fed report points to positive economic outlook, stable employment
By Ann Saphir March 4 (Reuters) – U.S. economic activity rose a bit, prices continued to increase and employment levels…
Lawsuit says Google’s Gemini AI chatbot drove man to suicide
By Jonathan Stempel March 4 (Reuters) – Google was sued on Wednesday by the family of a Florida man who said…
Versant posts smaller-than-expected revenue decline, unveils $1 billion buyback
By Harshita Mary Varghese March 3 (Reuters) – Versant Media on Tuesday reported a smaller-than-expected decline in quarterly revenue and…