(Reuters) – Nikola reported a bigger-than-expected quarterly loss on Thursday as the company continues to grapple with high costs related to the production ramp up
Month: October 2024
Google brings AI answers to map applications
By Kenrick Cai (Reuters) – Alphabet’s Google on Thursday announced a set of features that incorporated Gemini, its artificial intelligence chatbot, into its suite of
UK finance firms told to beef up buffers against CrowdStrike-like events
LONDON (Reuters) – Financial companies in Britain must prepare to ensure they can deliver business services in “severe but plausible” scenarios, such as a global
Israel wants to enforce any Lebanon ceasefire deal, Netanyahu tells US envoys
By Laila Bassam, Timour Azhari and Emily Rose BEIRUT (Reuters) -Israeli Prime Minister Benjamin Netanyahu told U.S. envoys on Thursday that Israel’s ability to counter
AMD shares slump as forecast disappoints AI-focused investors
(Reuters) – Advanced Micro Devices shares fell 8% on Wednesday after the chip company’s revenue forecast failed to impress investors looking for a bigger windfall
Top Chinese airlines’ profits fall as flagging economy pressures fares
By Lisa Barrington and Sophie Yu SEOUL/BEIJING (Reuters) – China’s top three state-owned airlines reported profit declines in the third quarter despite record summer passenger
Alphabet says Spotify, Paramount sign to use new cloud chip
By Stephen Nellis (Reuters) – Google Cloud, a unit of Alphabet Inc, said on Wednesday that Spotify Technology and Paramount Global are using a new
American Tower misses quarterly revenue estimates on leasing slowdown
(Reuters) – Real estate investment trust American Tower missed estimates for third-quarter revenue on Tuesday due to diminished customer spending in its leasing business. The
Russia fires missiles to simulate ‘massive’ response to a nuclear attack
By Guy Faulconbridge and Mark Trevelyan MOSCOW (Reuters) – Russia test-fired missiles over distances of thousands of miles on Tuesday to simulate a “massive” nuclear
Exclusive-OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
By Krystal Hu, Fanny Potkin and Stephen Nellis (Reuters) – OpenAI is working with Broadcom and TSMC to build its first in-house chip designed to