OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be…
Category: Business
Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto
By Hannah Lang (Reuters) -Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous…
AI firm Cohere doubles annualized revenue to $100 million on enterprise focus
By Echo Wang NEW YORK (Reuters) -AI startup Cohere has doubled its annualized revenue since the beginning of the year,…
Berkshire doubles Constellation stake, sheds Citigroup
(Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands,…
Applied Materials misses second-quarter revenue estimates
(Reuters) -Chipmaking equipment maker Applied Materials missed Wall Street estimate for second-quarter revenue on Thursday, against the backdrop of heightened…
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
By Casey Hall and Deborah Mary Sophia (Reuters) -Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday, as the…
Aeva sells 6% stake and inks manufacturing deal, shares rise
By Stephen Nellis SAN FRANCISCO (Reuters) -Aeva Technologies, a firm founded by former Apple engineers that makes sensors used in…
Exclusive-Legal startup Harvey AI in talks to raise funding at $5 billion valuation
By Anna Tong and Krystal Hu -Harvey AI, a fast-growing legal startup, is in advanced talks to raise over $250…
Google says hackers that hit UK retailers now targeting American stores
By Raphael Satter WASHINGTON (Reuters) -Alphabet’s Google said hackers responsible for paralyzing disruptions of UK retailers are turning their attention…
Aramco says has US tie-ups worth up to $90 billion amid Trump Gulf tour
By Manya Saini DUBAI (Reuters) – Saudi Aramco said on Wednesday it had signed 34 preliminary deals with major U.S.…