Elon Musk plans xAI supercomputer, The Information reports
(Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a supercomputer to power the next version of its AI chatbot…
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up 15% after the bell. The company had disclosed…
Dell hits record high amid rally in AI stocks
By Yuvraj Malik (Reuters) – Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism…
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if…
Google invests 1 billion euros in Finnish data centre to drive AI growth
HELSINKI (Reuters) – Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI)…
CalPERS to vote against Exxon board members
(Reuters) -CalPERS, the biggest public pension plan in the United States, said on Monday it would vote against all Exxon Mobil board members at its upcoming annual meeting on May…
Target lowering prices on 5,000 items in bid to lure more shoppers
(Reuters) – Target will be lowering prices on at least 5,000 frequently shopped products across its assortment ranging from milk to diapers, the big-box retailer said on Monday, as it…
Anglo shareholder LGIM supports break-up plan as BHP circles
LONDON (Reuters) – Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company last week, it said on Monday, as the deadline approaches…
OpenAI unveils new AI model as competition intensifies
By Anna Tong and Akash Sriram (Reuters) -ChatGPT maker OpenAI said on Monday it would release a new AI model called GPT-4o, which reasons across voice, text and vision. OpenAI’s…
Apple’s Vision Pro Headset Goes Global
(Reuters) – Apple is gearing up to sell its Vision Pro mixed-reality headset outside the United States, Bloomberg News reported on Monday, in a bid to invigorate demand for its…