Meta builds AI search engine to cut Google, Bing reliance, the Information reports
(Reuters) -Meta Platforms is working on an artificial intelligence-based search engine as it looks to reduce dependence on Alphabet’s Google…
Business
Microsoft’s AI demand under scrutiny as investors seek payday
By Aditya Soni (Reuters) – Microsoft is expected to report its slowest quarterly revenue growth in a year on Wednesday,…
Honeywell partners with Google to integrate data with generative AI
(Reuters) – Honeywell has signed a deal with Google to connect artificial intelligence technology with its industrial data, both companies…
Gold’s allure spreads as bulls lock in on fresh records
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the…
EV maker Lucid expects to raise $1.67 billion from stock sale
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637…
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether…
Kinder Morgan misses quarterly profit estimates on weak prices, crude volumes
(Reuters) -U.S. pipeline operator Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday, weighed down by…
Tesla gets green light from German authorities for first stage of plant expansion
(Reuters) – Tesla came one step closer to achieving its planned doubling of capacity at its plant near Berlin on…
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used…
Elliott takes Southwest fight to shareholders, nominates eight directors
By Svea Herbst-Bayliss (Reuters) -Elliott Investment Management is taking its fight with Southwest Airlines to investors by calling for a…