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…
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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…
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…
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…
Explainer: Sam Bankman-Fried’s conviction – what’s next?
By Jody Godoy (Reuters) – FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on…
Ford credit rating upgrade to boost demand for US corporate bonds -analysts
By Matt Tracy (Reuters) -The restoration of Ford Motor Co’s investment-grade credit rating this week after almost four years as…
Apple holiday forecast disappoints on iPad, wearables demand; shares slip
By Stephen Nellis and Yuvraj Malik (Reuters) -Apple on Thursday gave a sales forecast for the holiday quarter that missed…