Dell unveils new AI servers powered by Nvidia chips to boost enterprise adoption
(Reuters) -Dell Technologies on Monday unveiled new servers powered by Nvidia’s Blackwell Ultra chips, aiming to capitalize on the booming demand for artificial intelligence systems. The servers, available in both…
Exclusive-Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, document says
By Alexandra Alper and Jarrett Renshaw WASHINGTON (Reuters) – Nippon Steel plans to invest $14 billion in U.S. Steel’s operations including up to $4 billion in a new steel mill…
Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto
By Hannah Lang (Reuters) -Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous week for cryptocurrency in public markets, with Coinbase joining the…
Tesla to add Chipotle executive Jack Hartung to board
(Reuters) – Tesla will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the electric vehicle maker said on Friday. Hartung’s addition will expand…
OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be one of the largest in the world, Bloomberg News reported…
Trump turns to US Supreme Court to pursue mass federal layoffs
By John Kruzel and Andrew Chung WASHINGTON (Reuters) – President Donald Trump’s administration on Friday asked the U.S. Supreme Court to lift a federal judge’s order to halt large-scale staffing…
Amgen owes $406 million for monopolizing cholesterol drug market, US jury says
By Blake Brittain (Reuters) -A federal jury in Delaware said on Thursday that biotech company Amgen owes competitor Regeneron more than $406 million for engaging in anticompetitive behavior to increase…
Berkshire doubles Constellation stake, sheds Citigroup
(Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands, while selling its holdings in Citigroup and Brazilian fintech lender…
Applied Materials misses second-quarter revenue estimates
(Reuters) -Chipmaking equipment maker Applied Materials missed Wall Street estimate for second-quarter revenue on Thursday, against the backdrop of heightened uncertainty around the ongoing trade war and export curbs. Shares…
AI firm Cohere doubles annualized revenue to $100 million on enterprise focus
By Echo Wang NEW YORK (Reuters) -AI startup Cohere has doubled its annualized revenue since the beginning of the year, driven by growing demand for secure, customized AI tools among…