Amazon’s cloud service shows new AI servers, says Apple will use its chips
By Greg Bensinger and Stephen Nellis LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers…
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Amazon to pilot AI-designed material for carbon removal
By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion…
Bumble CFO to step down next year amid growth challenges
(Reuters) – Bumble said on Monday Anu Subramanian will step down as chief financial officer, effective March 14, 2025. Subramanian,…
Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says
(Reuters) – European and American carmakers are set to lose up to 17% of their combined annual core profits if…
BlackRock, State Street, Vanguard sued by Republican states over climate accords
(Reuters) -BlackRock, State Street and Vanguard have been sued by Texas and 10 other Republican-led states, which said the large…
Stellantis to halt production in Turin in December due to weak demand for Fiat 500 EV
MILAN (Reuters) -Stellantis will again halt auto production at its historic Italian Mirafiori plant from Dec. 2 to Jan. 5…
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
HANOI (Reuters) – Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million net loss for the…
Analysts react to Trump’s threat of North American tariffs
By Sarah Morland MEXICO CITY (Reuters) – Financial analysts on Tuesday reacted to a threat from U.S. President-elect Donald Trump…
Orange enlists Meta and OpenAI to develop AI language models in Africa
(Reuters) – Orange will enlist OpenAI and Meta to fine-tune AI Large Language Models (LLMs) to translate regional African languages…