Exclusive: SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
SoftBank has sold Nvidia, T-Mobile stakes to fund OpenAI commitment SoftBank could tap undrawn margin loan backed by…
Qatar bets on cheap power to catch up in Gulf AI race
Qatar seeks to catch up with Saudi Arabia, UAE in Gulf AI race Qatar’s cheaper energy, deep pockets…
Exclusive: SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources say
Item 1 of 2 A NVIDIA logo is pictured on its facility at the High-tech park at Yokne’am,…
Exclusive: Baidu’s Kunlunxin, valued at close to $3 billion, eyes Hong Kong IPO, sources say
Dec 5 (Reuters) – Kunlunxin, the AI chip unit of Chinese internet search giant Baidu (9888.HK), opens new…
World’s central banks are wary of AI and struggling to quit the dollar, survey shows
Central banks cautious about AI risks, survey finds AI mainly used for basic tasks, not core operations Dollar…
US government pullback from climate science fuels boom for private data firms
Earth intelligence sector revenue to exceed $4.2 billion by 2030 Concerns over data accuracy and access for those…
As wellness trends go upscale, Nestle’s mass-market vitamins lose some shine
Nestle may face challenges in selling underperforming vitamin brands Mass-market vitamins are falling out of favour Consumers prefer…
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
Oct 30 (Reuters) – Intel (INTC.O), opens new tab is in talks to acquire artificial intelligence processor maker…
Generali, Natixis owner likely to drop asset management deal, sources say
Item 1 of 2 The Generali logo is seen on the company’s Tower, designed by Iraqi-British architect Zaha…
UnitedHealth investors pin turnaround hopes on new CEO
Long-term investors remain optimistic, despite recent shortfalls CEO Stephen Hemsley stokes confidence in management of health services unit…