(Reuters) – Alphabet’s Google is preparing to partner with Taiwan’s MediaTek on the next version of its AI chips, Tensor Processing Units, that will be
Category: Business
Quantum computing, AI stocks rise as Nvidia kicks off annual conference
By Lisa Pauline Mattackal (Reuters) – Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some
Consoles to power videogame market growth until 2027 on ‘GTA VI’, Switch boost
(Reuters) – Videogame consoles are likely to be the biggest growth driver in the market until 2027, research firm Newzoo said on Monday, citing strong
OpenAI and Musk agree to fast tracked trial over for-profit shift
OAKLAND, California (Reuters) – OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI’s for-profit shift, the latest turn in a grudge match
News Corp sued by Brave Software, a Google search engine rival
(Reuters) – News Corp has been sued by Google search engine rival Brave Software, which seeks to forestall a lawsuit by Rupert Murdoch’s company for
Chinese stocks, emerging market debt see large inflows in February, says IIF
By Rodrigo Campos NEW YORK (Reuters) -Foreigners added nearly $16 billion to their emerging market portfolios in February, with investors loading up on Chinese stocks
J.P.Morgan cuts price target on Tesla shares, brokerage expects lower deliveries
(Reuters) – J.P.Morgan cut its price target on Tesla’s stock as the brokerage expects a second straight year of lower deliveries, with analysts also pointing
Verizon warns of ‘soft’ subscriber growth on strong competition, shares fall
(Reuters) – Verizon warned on Tuesday that first-quarter subscriber growth would likely be “soft” as rival carriers attract customers with promotions, sending its shares down
Walgreens to be taken private by Sycamore in $10 billion deal
By Sabrina Valle and Abigail Summerville NEW YORK (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the firms said
S&P downgrades Stellantis rating, expects tariff headwinds
(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak margin prospects. S&P said it