By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate on Thursday soundly defeated an effort to stop the $23 billion sale of F-16 fighter jets and modernization kits to Turkey, which President Joe Biden’s administration approved after Turkey approved Sweden’s joining the NATO alliance. The Senate voted 79 to 13 against a resolution of disapproval of…
By Ann Saphir and Lindsay Dunsmuir (Reuters) -U.S. central bankers are looking through recent data showing price pressures rebounded last month, and are focusing instead on overall progress on inflation that they say will likely set the table for interest-rate cuts later this year. “I expect things are going to be bumpy,” Atlanta Federal Reserve…
By Harshita Mary Varghese and Krystal Hu (Reuters) -Robotics startup Figure said on Thursday it raised $675 million in a funding round from investors including Nvidia, Microsoft and Amazon.com founder Jeff Bezos at a valuation of $2.6 billion. Sunnyvale, California-based Figure also said it signed a collaboration with OpenAI to develop generative artificial intelligence for…
(Reuters) -C3.ai shares jumped 24% to a six-month high on Thursday after the AI software firm delivered third-quarter results ahead of Wall Street expectations and narrowed its full-year revenue forecast on strong enterprise demand. The company’s shares have gained 227% since the end of 2022, valuing it at $4.46 billion, as it draws strong interest…
By Stephen Nellis (Reuters) -Apple plans to disclose more about its plans to put generative artificial intelligence to use later this year, Chief Executive Officer Tim Cook said during the company’s annual shareholder meeting on Wednesday. Cook said that the iPhone maker sees “incredible breakthrough potential for generative AI, which is why we’re currently investing…
