By Jeffrey Dastin (Reuters) – Anthropic, a startup backed by Google and Amazon.com, on Thursday released an updated artificial intelligence model and a new layout to boost user productivity, continuing an industry sprint to push technology’s frontier. Three months after rolling out its Claude 3 family of AI models, Anthropic said it was launching Claude…
(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 Jessica DiNapoli NEW YORK (Reuters) -Nestle’s new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, fiber and nutrients, but will not name the blockbuster medications, a company executive told Reuters. The world’s largest food maker is keeping the names of the drugs off the…
By Suzanne McGee and Lisa Pauline Mattackal (Reuters) – One of the world’s largest technology funds is set to ramp up its exposure to Nvidia, which has become the world’s most valuable company following a blistering run in its shares. The $72.34 billion Technology Select Sector SPDR Fund, managed by State Street Global Advisors, will…
By Fabian Cambero and Daina Beth Solomon SANTIAGO (Reuters) – More than 50 companies have expressed interest in developing lithium projects in Chile, Finance Minister Mario Marcel said on Tuesday, after the government called for proposals for a range of salt flats containing the battery metal. Chile, the world’s largest copper producer, called for proposals…
(Reuters) – Apple has suspended work on its next high-end Vision headset, the Information reported on Tuesday, citing an employee at a manufacturer that makes key components for the Vision Pro. The iPhone maker is still working on releasing a more affordable Vision product with fewer features before the end of next year, the report…
By Jonathan Stempel (Reuters) – A U.S. judge said Tesla vehicle owners can pursue a proposed class action accusing billionaire Elon Musk’s electric car company of monopolizing markets for repairs and parts, breathing new life into a lawsuit she dismissed last November. U.S. District Judge Trina Thompson in San Francisco ruled on Monday that owners…
SANTIAGO (Reuters) -Chilean lithium miner SQM, the world’s second-largest lithium producer, said on Monday it had reached a long-term supply deal with Hyundai and Kia to provide the carmakers with the white metal, key for the production of electric vehicle batteries. Hyundai and Kia will “secure a portion of (their) future lithium hydroxide supply from…
(Reuters) – The U.S. Federal Reserve would be able to cut its benchmark interest rate once this year, Philadelphia Fed President Patrick Harker said on Monday, if his economic forecast plays out. “If all of it happens to be as forecasted, I think one rate cut would be appropriate by year’s end,” Harker said in…
MOSCOW (Reuters) – Russian President Vladimir Putin on Monday sacked four deputy defence ministers and appointed a relative, Anna Tsivileva, to fill one of the vacancies. Putin sacked deputy defence ministers Nikolai Pankov, Ruslan Tsalikov, Tatiana Shevtsova and Pavel Popov, according to Kremlin decrees. He appointed Tsivileva, who Russian media said is the daughter of…
