By Lisa Pauline Mattackal (Reuters) – Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped…
Category: Business
Data center build-out stokes fears of overburdening biggest US grid
By Laila Kearney HOUSTON (Reuters) – The rapid development of AI data centers is intensifying concerns about how well an…
JPMorgan scoops over 5% stake in mining major Rio Tinto
(Reuters) -JPMorgan Chase has taken a 5.36% stake in Australia’s mining conglomerate Rio Tinto, an exchange filing to the local…
ArcelorMittal to temporarily halt production at its two main French plants
(Reuters) – ArcelorMittal on Monday announced a more than 270 million euro ($275.4 million) maintenance programme that would include the…
US energy secretary says global warming a side effect of modern economy
By Timothy Gardner HOUSTON (Reuters) – U.S. Energy Secretary Chris Wright said on Monday that global warming is a side…
Coffee theft surges in the US as prices for the beans soar
By Marcelo Teixeira HOUSTON (Reuters) – Theft of truck loads of green coffee beans is surging in the United States,…
Virgin Group aims to raise $900 million for rail service bid, company says
By Rishabh Jaiswal (Reuters) -British billionaire Richard Branson’s Virgin Group aims to raise 700 million pounds ($900 million) to fund…
Microsoft developing AI reasoning models to compete with OpenAI, The Information reports
(Reuters) -Microsoft is developing in-house artificial intelligence reasoning models to compete with OpenAI and may sell them to developers, The…
Kroger forecasts upbeat annual sales, expects some tariff impact
By Savyata Mishra (Reuters) -Kroger said on Thursday it expects some impact on its fresh business amid escalating trade wars,…
Marvell’s tepid revenue forecast reignites AI spending fears, shares slump
By Arsheeya Bajwa (Reuters) – Marvell Technology tumbled 19% and dragged down rival chipmakers on Thursday, after an in-line revenue…