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…
Palantir defies tech gloom as Trump momentum powers stellar share gains
By Arsheeya Bajwa (Reuters) -Palantir Technologies has succeeded where most tech stocks have struggled this year: staying hot in a…
Aerospace sector warns new US tariffs could put air safety, supply chain at risk
WASHINGTON (Reuters) -A group representing major U.S. and global aeropsace companies on Tuesday warned new tariffs on imported commercial aircraft,…
Exclusive-Anthropic hits $3 billion in annualized revenue on business demand for AI
By Anna Tong, Jeffrey Dastin SAN FRANCISCO (Reuters) -Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue,…
JPMorgan CEO Dimon backs US taxing carried interest, warns of bond market trouble
By Ateev Bhandari (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Friday that the U.S. should be taxing carried interest,…
Rivian eyes new debt deal as expected vehicle deliveries slump, Bloomberg News reports
(Reuters) -Rivian Automotive is working with JPMorgan Chase on a potential high-yield bond sale, in part to refinance its upcoming…
Amazon’s robotaxi unit Zoox issues second software recall after San Francisco crash
By David Shepardson WASHINGTON (Reuters) -Amazon.com’s self-driving unit Zoox issued a second software update to improve how its vehicles track…