PARIS (Reuters) – French President Emmanuel Macron on Monday announced investment pledges to bolster France’s artificial intelligence sector totalling 109 billion euros ($112 billion)over the coming years. The financing, unveiled during the Paris AI summit, includes plans by Canadian investment firm Brookfield to invest 20 billion euros in AI projects in France and financing from…
By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine handed out by Luxembourg’s privacy regulator four years ago as a court sided with the watchdog, according to a statement on the regulator’s website. The Luxembourg National Commission for Data Protection (CNPD) said the country’s…
By Joey Roulette WASHINGTON (Reuters) – Boeing’s troubled Starliner capsule that left two NASA astronauts on the International Space Station last year may need to fly a third uncrewed test flight before it carries astronauts again, agency officials said as the spacecraft’s first crew had to return to Earth on a SpaceX capsule this week….
(Reuters) – Ukrainian and U.S. teams could meet in Saudi Arabia in the coming days to discuss technicalities of partial ceasefire, President Volodymyr Zelenskiy said after what he described as “very substantive” call with U.S. counterpart Donald Trump. “We instructed our teams to resolve technical issues related to implementing and expanding the partial ceasefire. Ukrainian…
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from four top cloud service providers “under represented” demand, since they did not include orders from key customer Meta. Facebook-owner Meta Platforms is among the largest buyers of Nvidia chips and Mark Zuckerberg, CEO of the…
Nike (NYSE: NKE) is set to report its Q3 fiscal 2025 earnings on Thursday after the bell, and investors are bracing for one of its most critical reports in years. With revenue expected to decline double digits, supply chain costs mounting, and new tariff threats looming, this quarter will be a major test of Nike’s resilience….
By Kalea Hall and Abhirup Roy (Reuters) – General Motors will use artificial intelligence chips and software from Nvidia to develop autonomous vehicle technology for its vehicles and improve workflow at its factories, the companies said on Tuesday. Traditional automakers have struggled to commercialize autonomous technology that has been more challenging and expensive than expected…
By Jonathan Stempel (Reuters) – Google agreed to pay $28 million to settle a class action lawsuit claiming that it favored white and Asian employees by paying them more and putting them on higher career tracks than other workers. The accord with Google, a unit of Alphabet, won preliminary approval last week from Judge Charles…
(Reuters) – Leaders from across the Caribbean are seeking clarity after a draft of a U.S. government list of over 40 countries which could face sweeping travel restrictions was made public, a move which could mark the latest in President Donald Trump’s crackdown on migration. U.S. State Department spokesperson Tammy Bruce disavowed the list on…
(Reuters) -Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, a source familiar with the matter said on Monday, potentially marking the tech giant’s largest deal to date. The deal hasn’t been signed and could still change, the person said. Alphabet and Wiz did not immediately reply to Reuters…
