SAN FRANCISCO, Jan 29 (Reuters) – Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial…
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Wall Street slides to over one-week low as Big Tech’s soaring AI budgets trigger flight
By Pranav Kashyap and Twesha Dikshit Jan 29 (Reuters) – Wall Street’s main indexes slid to over one-week lows on…
Fed crisis tool could be weaponised, Harvard economist says
LONDON, Jan 28 (Reuters) – A key tool used by the U.S. central bank to stabilise global financial markets in…
Chipmaker shares gain as AI data center demand wave widens beyond Nvidia
By Akriti Shah Jan 28 (Reuters) – Shares of chipmakers rallied on Wednesday, boosted by surging demand for AI data…
Microsoft’s rising spending, slight cloud beat fan AI payoff worries
Jan 28 (Reuters) – Microsoft only edged past estimates for quarterly revenue in its crucial cloud-computing business on Wednesday and…
Meta boosts annual capex sharply on superintelligence push, shares jump
By Jaspreet Singh Jan 28 (Reuters) – Instagram-owner Meta on Wednesday boosted its capital spending plans for the new year…
Latin American e-commerce to top $215 billion as consumers demand rapid delivery, report says
By Kylie Madry MEXICO CITY, Jan 27 (Reuters) – Online shopping in Latin America is projected to reach $215.31 billion…
Evidence contradicts Trump immigration officials’ accounts of violent encounters
By Renee Hickman, Ted Hesson, Brad Heath and Kristina Cooke WASHINGTON, Jan 27 (Reuters) – U.S. President Donald Trump’s top…
Amazon to convert select physical stores into Whole Foods, expand same-day delivery
Jan 27 (Reuters) – Amazon said on Tuesday it would shutter its Amazon Go and Amazon Fresh physical stores and…
Electric car sales edge above petrol in EU for first time
By Alessandro Parodi Jan 27 (Reuters) – Sales of fully electric cars surpassed those of petrol-only vehicles in the European…
