(Reuters) – Gold miner Newmont let go of nearly a dozen managers, including a member of its executive team, as part of a corporate overhaul,
Category: Business
US clears export of advanced AI chips to UAE under Microsoft deal, Axios says
(Reuters) -The U.S. government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of
Apple plans three-year modem rollout to compete with Qualcomm, Bloomberg News reports
(Reuters) – Apple is preparing to launch its long-awaited series of cellular modem chips next year, which will replace components from longtime partner Qualcomm, Bloomberg
AI startup Cohere to prioritize customized over larger models in enterprise push
By Krystal Hu Canadian AI startup Cohere, last valued at $5.5 billion, will focus on building tailored models for enterprise users over larger foundation models,
OpenAI launches $200 ChatGPT subscription for research use
(Reuters) – OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can be used in engineering fields
GameStop shares jump as cryptic ‘Roaring Kitty’ post sparks retail interest
(Reuters) – GameStop’s shares jumped on Thursday after a cryptic post from meme stock influencer Keith Gill, who shot to notoriety after his online personas
Amazon’s cloud service shows new AI servers, says Apple will use its chips
By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers packed with its own AI
Bumble CFO to step down next year amid growth challenges
(Reuters) – Bumble said on Monday Anu Subramanian will step down as chief financial officer, effective March 14, 2025. Subramanian, who joined the dating app
Amazon to pilot AI-designed material for carbon removal
By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at risk of worsening emissions from
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of