Applied Digital surges 65% on funding deal with investors, including Nvidia
(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after…
FedEx invests in AI robotics company Nimble to boost its supply chain business
(Reuters) – FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale…
OpenAI considers pricier subscriptions to its Chatbot AI, The Information reports
(Reuters) -OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new…
Tesla shares gain on plans to launch Full Self-Driving in Europe, China
(Reuters) – Tesla shares rose 2.5% on Thursday after the electric automaker stuck to its plans to roll out the…
Volvo Cars revamps SUV hybrid as it shifts plans away from pure electric
Volvo Cars said on Wednesday that plug-in hybrids would continue to be a critical part of its profit growth plans…
OPEC+ discussing delay to planned oil output hike in October, sources say
LONDON (Reuters) -OPEC+ is discussing a delay in a planned output increase next month as oil prices hit their lowest…
Fed seen more likely to deliver bigger rate cuts as job openings fall
(Reuters) – Traders on Wednesday added to bets that the Federal Reserve will deliver a half-a-percentage-point reduction at its next…
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets…
AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via…
Berkshire’s BofA stake cuts top $6 billion, analysts say Buffett booking profits
By Arasu Kannagi Basil (Reuters) – Berkshire Hathaway has offloaded Bank of America shares worth more than a combined $6…