By Stephen Nellis (Reuters) – Nvidia on Monday showed a new artificial intelligence model for generating music and audio that can modify voices and generate novel sounds – technology aimed at the producers of music, films and video games. Nvidia, the world’s biggest supplier of chips and software used to create AI systems, said it…
By David Shepardson WASHINGTON (Reuters) – Tesla generated nearly 34 million metric tons of greenhouse gas credits in the 2023 model year by selling electric vehicles, as the auto industry racked up significant credit deficits in the face of more stringent emissions standards. In a report first seen by Reuters, the Environmental Protection Agency said…
By Arsheeya Bajwa (Reuters) -Amazon.com pumped in an additional $4 billion into artificial intelligence startup Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize on generative AI technology. This doubles Amazon’s investment in the firm known for its GenAI chatbot Claude, but it remains a minority investor, the…
By Caroline Valetkevitch NEW YORK (Reuters) – Netflix shares were on track for a fifth consecutive gain on Friday and set for their biggest weekly percentage rise since January, after the streaming media company’s popular boxing match between Mike Tyson and Jake Paul. The stock was last up 0.2% at $899.06, off its intraday record…
By Jonathan Stempel NEW YORK (Reuters) – A New York state judge found Sirius XM Holdings liable in New York Attorney General Letitia James’ lawsuit accusing the satellite radio and streaming company of making it too hard for customers to cancel subscriptions. While rejecting claims alleging fraud and deceptive practices, Justice Lyle Frank of the…
By Jessica DiNapoli NEW YORK (Reuters) – Procter & Gamble has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in hair care on the platform, executives said Thursday at an investor day. The Cincinnati-based company’s investments in better packaging for…
(Reuters) – Robinhood Markets’ Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was reportedly the frontrunner to become its chair under Donald Trump, told CNBC on Friday he was not interested in the role. “I’ve made it clear to the relevant people that I’m not interested in being…
By Erwin Seba HOUSTON (Reuters) – Exxon Mobil Corp, which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics recycling that allows it to replace fossil fuels with discarded bottles and bags, the company said on Thursday. The move by one of the world’s largest polymer producers…
(Reuters) – Citron Research has taken a short position in MicroStrategy, the company said in a post on social media platform X on Thursday. Shares of the largest corporate holder of bitcoin were last down more than 8%. They opened sharply higher on a rally in bitcoin prices, which were nearing $100,000 after crypto-friendly Donald…
(Reuters) -Snowflake’s shares surged more than 28% on Thursday after the data analytics provider raised its annual product revenue forecast, signaling growing demand for cloud-based data storage and analytics. The company, whose shares have fallen 35% this year, is on track for its best day since going public in 2020. Its value is set to…
