(Reuters) – Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial intelligence and cloud computing in Spain, as it looks to meet increasing demand for its services in the country. The investment will be used to set up a new cloud region that will allow customers…
By Simon Lewis, Steve Holland and David Brunnstrom WASHINGTON (Reuters) -Comments by Russian President Vladimir Putin on Thursday that Russia may supply weapons for North Korea after signing a defense pact with Pyongyang are “incredibly concerning,” U.S. State Department spokesperson Matthew Miller said. Putin suggested after a visit to North Korea this week that such…
TAIPEI (Reuters) – The U.S. State Department has approved the possible sale to Taiwan of drones and missiles for an estimated $360 million, the Pentagon’s Defense Security Cooperation Agency said. The United States is bound by law to provide Chinese-claimed Taiwan with the means to defend itself despite the lack of formal diplomatic ties, to…
By Rajesh Kumar Singh EVENDALE, Ohio (Reuters) – A GE Aerospace executive said on Wednesday global supply chains will likely remain challenged even next year, despite a production slowdown at Boeing. Russel Stokes, head of GE Aerospace’s commercial engines and services, said while the company is aligned with Boeing’s production rates for this year, it…
By Kristina Cooke and Ted Hesson WASHINGTON (Reuters) – When news broke of U.S. President Joe Biden’s plan to provide a path to citizenship for certain immigrants who entered the country illegally and are married to U.S. citizens, Pennsylvania-based immigration lawyer Bridget Cambria didn’t need long to think of clients it could help. Over the…
(Reuters) – Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk said in a post on social media platform X on Wednesday. The U.S. businessman has recently told investors that his artificial intelligence startup xAI is planning to build a supercomputer to power the next version…
By Brendan Pierson (Reuters) – Johnson & Johnson is facing a new proposed class action seeking damages and medical monitoring on behalf of women who have been diagnosed with cancer, or might develop it in the future, allegedly as a result of using the company’s baby powder and other talc products. The lawsuit, filed on…
By Shristi Achar A and Noel Randewich (Reuters) – Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.7% to $135.87, lifting its market capitalization to $3.341 trillion, just days…
By Hyonhee Shin, Josh Smith and Guy Faulconbridge SEOUL/MOSCOW (Reuters) – Russian President Vladimir Putin arrived in North Korea on Wednesday for his first visit in 24 years, vowing to deepen trade and security ties with the reclusive nuclear-armed state and to support it against the United States. Russian state media said Putin’s plane touched…
By Gram Slattery RACINE, Wisconsin (Reuters) – Donald Trump holds a rally in Racine, Wisconsin, on Tuesday, where he will slam Democratic President Joe Biden’s handling of the economy, even as a major local factory that Trump broke ground on six years ago has proven to be a flop. The Republican former president was in…
