OpenAI does not expect to be cash-flow positive until 2029, Bloomberg News reports
(Reuters) – OpenAI is not expecting its cash flow to turn positive until 2029, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The San Francisco-based artificial…
Boeing-Lockheed’s Vulcan cleared to launch US national security satellites
WASHINGTON (Reuters) -The U.S. Space Force said on Wednesday it has cleared Boeing and Lockheed Martin’s Vulcan rocket to launch national security satellites for the United States. SpaceX was the…
AT&T in talks to buy Lumen’s consumer fiber unit, Bloomberg News reports
(Reuters) -AT&T is in talks to acquire Lumen Technologies’ consumer fiber operations, in a deal that could value the unit at more than $5.5 billion, Bloomberg News reported on Tuesday,…
Oil loading slows at Venezuela’s ports amid US tariffs, license termination, data shows
By Marianna Parraga (Reuters) -Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South…
China’s DeepSeek releases AI model upgrade, intensifies rivalry with OpenAI
BEIJING (Reuters) – Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition with U.S. tech leaders like OpenAI and Anthropic. The new…
Ripple Labs says it settles with US SEC, will pay reduced $50 million fine
By Jonathan Stempel NEW YORK (Reuters) – Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just…
Tesla jumps as possible tariff leeway, lower share price draw investors
By Deborah Mary Sophia and Akash Sriram (Reuters) -Tesla shares surged 10% on Monday after this year’s steep decline following reports the Trump administration is likely to exclude a set…
Factbox-Where do legal cases against Trump’s policies stand?
By Jack Queen (Reuters) -President Donald Trump’s agenda has partially stalled in court as judges block his efforts to crack down on immigration and rein in Elon Musk’s hunt for…
Apple is welcome to expand investment in China, commerce minister tells CEO
BEIJING (Reuters) – China’s commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand investment in the country, a ministry statement showed. Wang Wentao,…
OpenAI COO to spearhead global growth, partnerships in expanded role, Altman says
(Reuters) – OpenAI’s Chief Operating Officer Brad Lightcap will oversee global expansion and corporate partnerships, CEO Sam Altman said on Monday, as the Microsoft-backed startup seeks to cement its dominance…