OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
By Krystal Hu and Kenrick Cai (Reuters) – Thrive Capital is investing more than $1 billion of OpenAI’s current $6.5…
Apple drops out of talks to join OpenAI investment round, WSJ says
(Reuters) – Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the…
If your AI seems smarter, it’s thanks to smarter human trainers
By Supantha Mukherjee and Anna Tong STOCKHOLM/SAN FRANCISCO (Reuters) – In the early years, getting AI models like ChatGPT or…
Harris to call for tighter asylum, border control measures, campaign says
TUCSON, Arizona (Reuters) – U.S. Democratic presidential candidate Kamala Harris will call for tighter asylum and border control measures for…
Alphabet to invest $3.3 billion for two data centers in South Carolina
(Reuters) – Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai…
Over 100,000 Florida customers without power due to approaching Hurricane Helene
(Reuters) – More than 100,000 homes and businesses in Florida were without power on Thursday as hurricane Helene looked poised…
NY Fed’s Perli says there is plenty of room left to run in shrinking Fed holdings
By Michael S. Derby NEW YORK (Reuters) – The official responsible for managing the Federal Reserve’s massive holdings of cash…
Costco Wholesale misses quarterly revenue estimates on still-muted spending
(Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only…
Micron forecasts upbeat first-quarter revenue on strong demand for memory chips
(Reuters) -Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its high bandwidth…
PayPal to let business accounts buy, hold and sell cryptocurrency
(Reuters) -PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business…