Google unveils Arm-based data center processor, new AI chip
By Max A. Cherney SAN FRANCISCO (Reuters) – Google on Tuesday revealed the details of a new version of its…
2024
JPMorgan names CEO Dimon’s potential successors including Piepszak, Lake
By Manya Saini and Nupur Anand (Reuters) -JPMorgan Chase’s board identified potential successors to CEO Jamie Dimon, paving the way…
Tesla’s Musk predicts AI will be smarter than the smartest human next year
(Reuters) -Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably…
Retailer 99 Cents Only files for bankruptcy, plans to shut down
By Dietrich Knauth NEW YORK (Reuters) – Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Delaware…
JPMorgan CEO Dimon hails US power in policy-focused letter to investors
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon hailed U.S. leadership and economic power in an annual…
BofA says its virtual financial assistant used more than 2 billion times
(Reuters) – Over 42 million customers have used Bank of America’s virtual financial assistant more than 2 billion times since…
Despite $90 crude, US oil output capped by weak natgas prices
By Liz Hampton (Reuters) – U.S. crude oil prices last week climbed to their highest this year, but a weak…
TSMC wins $6.6 billion US subsidy for Arizona chip production
By David Shepardson and Stephanie Kelly WASHINGTON (Reuters) -The U.S. Commerce Department said on Monday it would award Taiwan Semiconductor…
US, China need ‘tough’ conversations, Yellen tells Chinese premier
By David Lawder BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday raised her concerns about China’s excess industrial capacity…
China central bank to set up $70 billion tech re-lending programme
BEIJING (Reuters) – China’s central bank will set up a 500 billion yuan ($70 billion) re-lending programme to support the…