By Summer Zhen HONG KONG (Reuters) – Japan has emerged as a standout in Asia’s subdued $400 billion hedge fund sector, drawing fund launches while
Category: Business
Musk’s xAI in talks for share in future Tesla revenue, WSJ reports
(Reuters) – Elon Musk’s AI startup xAI has discussed a deal that would give it some revenue from Musk’s Tesla in exchange for providing the
Boeing reaches early deal with 25% higher pay in hope to avert strike
By Allison Lampert and David Shepardson -Boeing said on Sunday it had reached a tentative agreement with a union representing more than 32,000 workers in
VW boss says European market shrinking amid tougher competition
FRANKFURT (Reuters) – Volkswagen’s CEO, who is pushing for unprecedented cutbacks in the German carmaker’s home market, said change was needed because the European market
New iPhone will use Arm’s chip technology for AI, FT reports
(Reuters) -Apple’s latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has been developed using SoftBank-owned Arm’s
Roblox set to launch paid videogames on its virtual platform
By Zaheer Kachwala (Reuters) – Roblox will roll out paid videogames on its platform and allow developers to sell physical merchandise through their created games,
Amazon plans $5 billion of small-ticket exports from India in 2024 in shift from China
By Manoj Kumar NEW DELHI (Reuters) – Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly
Applied Digital surges 65% on funding deal with investors, including Nvidia
(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after the data center operator said
OpenAI considers pricier subscriptions to its Chatbot AI, The Information reports
(Reuters) -OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new flagship LLM dubbed Orion, the
Tesla shares gain on plans to launch Full Self-Driving in Europe, China
(Reuters) – Tesla shares rose 2.5% on Thursday after the electric automaker stuck to its plans to roll out the Full Self-Driving (FSD) advanced driver