Exclusive-Baidu placed AI chip order from Huawei in shift away from Nvidia -sources
BEIJING/SHANGHAI (Reuters) -Baidu ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to…
Gold mining ETFs fail to keep pace with benchmark bullion fund
By Suzanne McGee (Reuters) – The weakening of a long-established correlation between the price of exchange-traded funds (ETFs) tied to…
From prized startup to bankruptcy: WeWork’s tumultuous path
(Reuters) – WeWork, the SoftBank Group-backed startup, sought U.S. bankruptcy protection on Monday after its bets on companies using more…
Peru miners say copper output could climb without impact from protests
LIMA (Reuters) – The head of Peru’s mining guild on Tuesday said that while copper mining investment might be slow…
Nike sues New Balance, Skechers for patent infringement over sneaker technology
By Blake Brittain (Reuters) -Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them…
Zelenskiy pushes US for more aid, invites Trump to Ukraine
WASHINGTON (Reuters) – Ukraine’s President Volodymyr Zelenskiy called on the U.S. to provide more funding to help his forces counter…
Buffett’s Berkshire posts bigger loss as stocks fall; operating profit sets record
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday posted its first quarterly loss in a year as…
Musk’s xAI set to launch first AI model to select group
(Reuters) -Elon Musk’s artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the…
US unveils $425 million in arms for Kyiv, including anti-drone rockets
By Mike Stone and Susan Heavey WASHINGTON (Reuters) -The United States will provide $425 million worth of additional arms and…
US House easily passes bill to harden sanctions on Iranian oil
WASHINGTON (Reuters) – The U.S. House of Representatives easily passed a bill on Friday to bolster sanctions on Iranian oil…