By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers packed with its own AI chips that will challenge Nvidia, with Apple coming aboard as a customer to use them. The new servers, based on 64 of Amazon Web Services’ Trainium2 chips, will be strung…
By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at risk of worsening emissions from artificial intelligence systems they power, a startup behind the deal said on Monday. In a twist, AI itself, from the startup Orbital Materials, is what designed the carbon-filtering substance, its…
By Howard Schneider (Reuters) – Atlanta Federal Reserve President Raphael Bostic said on Monday he has an open mind about whether to cut interest rates again at the Fed’s December meeting, with upcoming data on jobs important in shaping the decision. “There is a lot of uncertainty,” Bostic said in comments to reporters. “I am…
By Daniel Wiessner (Reuters) – Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices and iCloud accounts while also barring them from discussing their pay and working conditions. The complaint filed in California state court on Sunday by Amar Bhakta, who works in digital advertising for Apple, claims the…
(Reuters) -U.S. President-elect Donald Trump said on Monday there would be “hell to pay” in the Middle East if hostages held in the Gaza Strip were not released prior to his Jan. 20 inauguration. During their deadly 2023 attack on Israel, Hamas-led militants captured more than 250 people, according to Israeli tallies, including dual Israeli-American…
By Dan Peleschuk KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy called on the outgoing U.S. administration of President Joe Biden on Sunday to help convince NATO members to invite Ukraine to join the alliance, as Ukraine’s war with Russia enters an unpredictable new phase. Kyiv wants NATO members to issue an invitation at an alliance meeting…
SYDNEY (Reuters) – Instagram and Facebook-owner Meta Platforms said on Monday it had introduced stricter rules for advertisers of financial products and services targeting Australians, in a bid to crack down on scams on the social media platforms. The move comes after Meta in October said it took down 8,000 so-called “celeb bait” ads, as…
(Reuters) – European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes import tariffs on Europe, Mexico and Canada, S&P Global said in a report on Friday, warning of potential credit downgrades. Premium automakers Volvo and Jaguar Land Rover, who mostly produce in Europe,…
(Reuters) -U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of “flagrantly” breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank. The move to drop the lawsuit was announced in a one-page court filing by both companies…
By David Brunnstrom (Reuters) – Russia’s deputy U.N. ambassador said on Wednesday any decision by President-elect Donald Trump’s incoming administration to cut support for Ukraine would be a “death sentence” for the Ukrainian army, while accusing Kyiv of trying to drag NATO countries into direct conflict with Russia in the meantime. Speaking to the U.N….
