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Friday, March 29, 2024
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Reddit signs content licensing deal with AI company ahead of IPO, Bloomberg reports

(Reuters) - Reddit has signed a contract allowing an Artificial Intelligence (AI) company to train its models on the social media platform's content, Bloomberg News reported, citing people familiar

US considering more than $10 billion in subsidies for Intel – Bloomberg News

(Reuters) - The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp, Bloomberg News reported on Friday, citing people familiar with the matter. The Department of

OpenAI valued at $80 billion after deal, NYT reports

(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New York Times reported on Friday, citing three people with

High-flyer Super Micro shares hit record, then sink 20%

By Sinéad Carew (Reuters) -Shares in Super Micro Computer Inc finished down 20% on Friday after hitting a record high earlier in the day as investors took a break after betting on the stock as a big

Musk can seek district judge review in SEC subpoena case -court order

NEW YORK (Reuters) -Elon Musk can ask a U.S. District Court to review a magistrate judge's order that he must testify in the Securities and Exchange Commission's investigation of his $44 billion

US judge says Musk can seek review of order in SEC subpoena matter

NEW YORK (Reuters) -Elon Musk can ask a U.S. District Court to review a magistrate judge's order that he must testify in the Securities and Exchange Commission's investigation of his $44 billion

Nvidia’s scorching shares drew hedge funds in Q4, filings show

(Corrects stock performance in 2nd paragraph to "nearly 240%" from 65%) By David Randall NEW YORK (Reuters) -Several well-known funds jumped into shares of chipmaker Nvidia at the end of last year,

SoftBank’s Son is seeking about $100 billion for AI chip venture – Bloomberg News

(Reuters) -SoftBank Group Chief Executive Officer Masayoshi Son is looking to raise up to $100 billion for a chip venture that will rival Nvidia Corp, Bloomberg News reported on Friday, citing people

SoftBank’s Son is seeking about $100 billion for AI chip venture, Bloomberg reports

(Reuters) -SoftBank Group Chief Executive Officer Masayoshi Son is looking to raise up to $100 billion for a chip venture that will rival Nvidia Corp, Bloomberg News reported on Friday, citing people

High-flyer Super Micro Computer shares hit record, then reverse course

By Sinéad Carew (Reuters) - Shares in Super Micro Computer Inc were down almost 12% on Friday after hitting a record high earlier in the session and closing Thursday's session up more than 250% for

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.