(Reuters) -OpenAI has recently begun renting Google’s artificial intelligence chips to power ChatGPT and other products, The Information reported on Friday, citing a person involved in the arrangement. The move, which marks the first time OpenAI has used non-Nvidia chips in a meaningful way, shows the Sam Altman-led company’s shift away from relying on backer…
(Reuters) -The S&P 500 and Nasdaq notched record high closes on Friday for the first time in months, rebounding from a slump caused by U.S. President Donald Trump’s trade policies that threatened to tip the global economy into a recession. The S&P 500 index advanced 0.5% to about 6,173.07 points, surpassing its previous record high close…
By Tatiana Bautzer and Matt Tracy NEW YORK (Reuters) -Elon Musk’s xAi extended the deadline and increased the yield it is paying on a $5 billion debt sale following lukewarm reception from investors, a person with direct knowledge of the matter said on Friday. The deadline for investors to commit to buying into the deal,…
By Kanishka Singh WASHINGTON (Reuters) -President Donald Trump said on Friday he might support a ceasefire in the week-old aerial conflict between U.S. ally Israel and its regional rival Iran “depending on the circumstances”. Asked by reporters if he would support a ceasefire while negotiations are ongoing, Trump said: “I might, depending on the circumstances”….
By Nate Raymond BOSTON (Reuters) -U.S. President Donald Trump said on Friday his administration has been working with Harvard University and could announce deal over the next week to resolve the White House’s campaign against the country’s oldest and richest university. Trump in a post on his social media platform Truth Social said the Ivy…
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google has proposed more changes to its search results to better showcase rivals in a bid to stave off a possible hefty EU antitrust fine, according to documents seen by Reuters. Google’s latest proposal came three months after the European Commission charged the U.S. tech giant with favouring…
WASHINGTON (Reuters) -U.S. single-family homebuilding increased in May, but a sharp drop in permits for future construction pointed to subdued housing market conditions amid headwinds from tariffs and excess inventory of unsold homes. Single-family housing starts, which account for the bulk of homebuilding, rose 0.4% to a seasonally adjusted annual rate of 924,000 units last…
By Stephen Nellis SAN FRANCISCO (Reuters) -SandboxAQ, an artificial intelligence startup spun out of Alphabet’s Google and backed by Nvidia, on Wednesday released a trove of data it hopes will speed up the discovery of new medical treatments by helping scientists understand how drugs stick to proteins. The goal is to help scientists predict whether…
WASHINGTON (Reuters) -Relatives of some of the 346 people killed in two Boeing 737 MAX crashes in 2018 and 2019 on Wednesday asked a federal judge to reject a deal between the Justice Department and the planemaker to allow the company to avoid prosecution in a fraud case. The agreement allows Boeing to avoid being…
By Deena Beasley and Julie Steenhuysen (Reuters) -The U.S. Food and Drug Administration on Wednesday approved Gilead Sciences lenacapavir, a twice-yearly injection, for preventing HIV infection in adults and adolescents. Gilead said the drug will be sold under the brand name Yeztugo. Investors and AIDS activists had been eagerly awaiting the regulatory decision for a…
