(Reuters) -Visa has agreed to buy AI-focused Featurespace, which develops enterprise technology preventing fraud and financial crime, for an undisclosed amount, it said on Thursday. Top tech companies are racing to build artificial intelligence into their products and services, leading to surging demand for AI chips, services and machine learning technology. Visa said Featurespace’s AI-enabled…
(Reuters) – Airlines in the United States have canceled or delayed thousands of flights on Thursday, as a strengthening hurricane Helene is expected to make a landfall in the Florida big bend this evening. A total of 1,038 flights were canceled and 1,672 delayed as of 11:59 A.M. ET, according to flight tracking website FlightAware….
(Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only stores, as well as an impact from lower gasoline prices. Shares of the company were down about 1% in extended trading. They have gained about 37% so far this year. While ultra-low prices on groceries…
By Georgina McCartney HOUSTON (Reuters) – A Texas commission unanimously on Thursday approved the Permian Basin Reliability Plan, which is designed to expand power grid infrastructure in the United States’ largest oilfield to accommodate rapidly growing demand from the oil and gas industry. The Public Utility Commission of Texas (PUCT) directed the Electric Reliability Council…
