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OpenAI turns to Google’s AI chips to power its products, The Information reports

Financial Wealth DailyJune 27, 20250

(Reuters) -OpenAI has recently begun renting Google’s artificial intelligence chips to power ChatGPT and other products, The Information reported on…

  • Business

S&P 500 and Nasdaq notch first record high closes in months

Financial Wealth DailyJune 27, 20250

(Reuters) -The S&P 500 and Nasdaq notched record high closes on Friday for the first time in months, rebounding from…

  • Business

Musk’s xAI extends deadline and ups yield on bonds following lukewarm demand, source says

Financial Wealth DailyJune 20, 20250

By Tatiana Bautzer and Matt Tracy NEW YORK (Reuters) -Elon Musk’s xAi extended the deadline and increased the yield it…

  • Business

Google offers to tweak search results to promote rivals, stave off EU antitrust fine, documents show

Financial Wealth DailyJune 20, 20250

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google has proposed more changes to its search results to better showcase rivals…

  • Business

Nvidia-backed AI startup SandboxAQ creates new data to speed up drug discovery

Financial Wealth DailyJune 18, 20250

By Stephen Nellis SAN FRANCISCO (Reuters) -SandboxAQ, an artificial intelligence startup spun out of Alphabet’s Google and backed by Nvidia,…

  • Business

Stablecoins’ market cap surges to record high as US senate passes bill

Financial Wealth DailyJune 18, 20250

(Reuters) -The total market capitalization of stablecoins surged to a record high on Wednesday, data showed, as the U.S. Senate…

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Traders pile into $80 US oil bets as tensions rise in Middle East

Financial Wealth DailyJune 14, 20250

(Reuters) -Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more…

  • Business

Walgreens, Authentic Brands, Kourtney Kardashian among those evaluating Rite Aid assets, sources say

Financial Wealth DailyJune 10, 20250

By Abigail Summerville NEW YORK (Reuters) -Pharmacy chain Walgreens and reality star turned entrepreneur Kourtney Kardashian are among those picking…

  • Business

Exclusive-OpenAI taps Google in unprecedented cloud deal despite AI rivalry, sources say

Financial Wealth DailyJune 10, 20250

By Kenrick Cai and Krystal Hu SAN FRANCISCO (Reuters) -OpenAI plans to add Alphabet’s Google cloud service to meet its…

  • Business

GameStop reports decline in quarterly revenue

Financial Wealth DailyJune 10, 20250

(Reuters) -Videogame retailer GameStop reported a decline in quarterly revenue on Tuesday as more customers moved away from its mainstay…

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