AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024
By Max A. Cherney (Reuters) -AMD estimated there was a $45 billion market for its data center artificial intelligence processors…
Exxon Mobil forecasts increases in project spending, oil output
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil will target annual project spending of between $22 billion and $27 billion through…
Disney begins integrating Hulu into Disney+ streaming service
By Dawn Chmielewski (Reuters) – Walt Disney began offering Hulu as part of its namesake streaming service on Wednesday, bolstering…
Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering
(Reuters) -Elon Musk’s artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion…
Norway parliament deal marks major step towards seabed mining
By Victoria Klesty OSLO (Reuters) -Norway’s minority government and two opposition parties have agreed to allow seabed mineral exploration in…
Alaska Air to buy peer Hawaiian for $1.9 billion
By Rajesh Kumar Singh, Akanksha Khushi and Anirban Sen (Reuters) -Alaska Air Group Inc said on Sunday it would acquire…
US funds for Ukraine’s Russia defense nearly gone, White House warns
By Jeff Mason, Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) -The United States is running out of time and money…
Bitcoin rises above $42,000 for first time since April 2022
By Tom Wilson, Tom Westbrook and Chibuike Oguh LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach…
Western start-ups seek to break China’s grip on rare earths refining
By Ernest Scheyder ALEXANDRIA, Louisiana (Reuters) -Start-up tech firms are racing to transform the way rare earths are refined for…
Crypto stocks surge as bitcoin hits fresh 2023 high
(Reuters) -Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped…