AI startup SandboxAQ adds Nvidia, Google as backers, raises additional $150 million
By Krystal Hu SandboxAQ, a startup drawing on quantum computing techniques to develop quantitative artificial intelligence models for enterprises, said…
April 2025
Stellantis says will temporarily lay off 900 U.S. workers following tariff announcement
By Kalea Hall, David Shepardson DETROIT (Reuters) -Stellantis NV <STLAM.MI> said on Thursday it was temporarily laying off 900 workers…
Crypto execs ask Congress to let stablecoins pay interest as bill set to advance
By Hannah Lang (Reuters) – Some influential cryptocurrency executives are making a last-minute pitch to Congress to allow interest to…
Auto tariff to cost US consumers more than $30 billion in first year, report shows
(Reuters) – U.S. President Donald Trump’s 25% tariff on auto imports may cost American consumers more than $30 billion in…
AI video maker Runway raises $308 million in General Atlantic-led funding round
(Reuters) – AI video startup Runway said on Thursday it had raised $308 million in a new funding round, led…
New AI benchmarks test speed of running AI applications
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) – Artificial intelligence group MLCommons unveiled two new benchmarks that…
EV charging firms team up to launch Europe’s largest network
By Gianluca Lo Nostro PARIS (Reuters) -Four of Europe’s biggest electric vehicle charging firms said on Wednesday they were teaming…
Amazon bids to buy TikTok as deadline looms, U.S. administration official says
By Dawn Chmielewski (Reuters) – Amazon.com has put in a last-minute bid to buy TikTok, a U.S. administration official said…
Google Gemini executive Sissie Hsiao to step down
(Reuters) – Alphabet’s Google is replacing Sissie Hsiao, who led the development of the artificial intelligence chatbot Bard, now known…
Tesla’s new car sales in Italy down 7% in first quarter despite 51% jump in March
MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to…