(Reuters) – Microsoft-backed OpenAI said on Tuesday it will roll out an education-specific version of its chatbot to about 500,000 students and faculty at California State University as it looks to expand its user base in the academic sector and counter competition from rivals like Alphabet . The rollout will cover 23 campuses of the…
By Manya Saini (Reuters) -PayPal’s shares fell nearly 10% on Tuesday, after the digital payments giant’s unbranded card processing business saw a sharp slowdown in growth and its operating margin shrank in the fourth quarter. Unbranded payments, which include transactions for other firms rather than PayPal itself, had traditionally been a low-margin business due to…
(Reuters) – Palantir shares rallied over 18% in premarket trading after it forecast upbeat annual revenue fueled by strong demand for its software and data analytics services from businesses racing to adopt generative AI. Palantir, which provides services to governments such as software that visualizes army positions, is set to gain about $35 billion in…
By Wendell Roelf and Sisipho Skweyiya LANGEBAAN, South Africa (Reuters) – South Africa’s president needed to call Elon Musk on Monday evening. The billionaire had publicly accused his post-apartheid government of anti-white racism, and now Musk’s ally, U.S. President Donald Trump, said he would cut more than $400 million in funding to the country. So…
(Reuters) – A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Elon Musk’s social media platform X after receiving stronger-than-expected demand from investors, Bloomberg News reported on Tuesday. The banks had initially planned to sell about $3 billion worth of loans, Reuters reported last month. However, they are…
(Reuters) – Shares of vaccine makers and packaged food companies fell on Tuesday after President Donald Trump’s pick for U.S. health secretary, Robert F. Kennedy Jr., moved closer to the job after a favorable vote by a Senate panel. The vote by the U.S. Senate Finance Committee paves the way for the full Senate to…
OAKLAND, Calif. (Reuters) – – Lawyers for Elon Musk and ChatGPT maker OpenAI are set to butt heads in the courtroom on Tuesday as a judge will hear arguments on Musk’s lawsuit to halt OpenAI’s conversion to a for-profit entity. Musk’s request to block OpenAI’s conversion is the latest move in a grudge match between…
