By Twesha Dikshit (Reuters) -Adobe’s shares dropped 7% in early trading on Friday as investors’ concern that the company’s AI…
Tesla robotaxi rollout in Austin tests Musk’s vision of self-driving future
By Chris Kirkham (Reuters) -Tesla faces an existential test this month as it aims to launch self-driving “robotaxis” in its…
Oracle beats quarterly results estimates on cloud services demand, shares rise
(Reuters) -Oracle beat Wall Street estimates for fourth-quarter results on Wednesday, boosted by growing demand for its cloud offerings from…
Bessent says US may ‘roll the date forward’ for some after 90-day tariff pause ends
(Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday said the Trump administration is prepared to “roll the date forward” with…
Factbox-Here is everything Apple announced at its annual developer conference
By Akash Sriram (Reuters) -Apple unveiled upgrades to operating systems across its devices on Monday, including overhauled visual elements, a…
OpenAI’s annualized revenue hits $10 billion, up from $5.5 billion in December 2024
(Reuters) -OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of June, positioning the…
Circle’s blockbuster IPO paves way for other crypto public listings
By Hannah Lang and Suzanne McGee (Reuters) -Stablecoin issuer Circle’s $1.05 billion initial public offering on Thursday could spur other…
Broadcom forecasts upbeat third-quarter revenue on AI chip demand
(Reuters) -Broadcom forecast third-quarter revenue above Wall Street estimates on Thursday, betting on strong demand for its networking and custom…
Nvidia chips make gains in training largest AI systems, new data shows
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia’s newest chips have made gains in training large artificial intelligence systems, new data…
Apple and Alibaba’s AI rollout in China delayed by Trump’s trade war, FT reports
(Reuters) – Apple and Alibaba’s rollout of artificial intelligence services in China is being delayed by a Beijing regulator, the…