(Reuters) -A weeks’ long strike by 3,000 U.S. Pratt & Whitney engine workers will impact free cash flow during the second quarter, but the aerospace and defense giant should be able to recover that during the year, RTX CEO Chris Calio said on Wednesday. “There will be cash impact here in the second quarter,” Calio…
(Reuters) -Data cloud analytics company Snowflake has been appointed the official data collaboration provider for the 2028 Olympic and Paralympic Games in Los Angeles as well as Team USA, the American company said on Tuesday. The Bozeman, Montana-based company said the partnership will enable data collaboration across Olympic and Paralympic Games for critical functions, which…
(Reuters) – Elon Musk’s social media platform X was largely restored for most users after an outage that impacted tens of thousands of users in the United States on Saturday, according to outage tracking website Downdetector.com, following which he said that he is “back to spending 24/7” at his companies. At its peak around 8:51…
By Greg Bensinger (Reuters) -Amazon.com investors at its annual meeting again rejected all outside shareholder resolutions, including three meant to address the online retail giant’s impact on climate change. Voters approved the reelection of 12 directors and proposed executive compensation. Shareholders put forth eight proposals, all of which Amazon encouraged investors to vote against. Last…
(Reuters) -OpenAI is buying Jony Ive’s startup io Products in a $6.5 billion deal and will bring the chief designer of early iPhones on board as creative head to develop devices tailored for the generative artificial intelligence era. LoveFrom, the design firm founded by Ive after leaving Apple, has been working with OpenAI for two…
(Reuters) -Generative AI studio Promise, backed by venture capital firm Andreessen Horowitz, said on Tuesday that it had partnered with Alphabet’s Google to use its AI technologies. The startup has also expanded its investor base, with new backing from Google’s AI Futures Fund, Crossbeam Venture Partners, and others, the company said in a blog. Former…
SEATTLE (Reuters) -Microsoft said it will add an artificial intelligence coding agent from Google-backed startup Anthropic to its GitHub service. Coding agents can carry out software development tasks, such as fixing bugs, on a human developer’s behalf. Microsoft on Monday introduced its own coding agent to GitHub, a Microsoft-owned service that many software companies use…
(Reuters) -Dell Technologies on Monday unveiled new servers powered by Nvidia’s Blackwell Ultra chips, aiming to capitalize on the booming demand for artificial intelligence systems. The servers, available in both air-cooled and liquid-cooled variations, support up to 192 Nvidia Blackwell Ultra chips but can be customized to include as many as 256 chips. These servers…
(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for breach of duties, according to a filing with the U.S. Securities and Exchange Commission on Friday. Three percent of Tesla’s shares amounts to about 97 million shares worth about…
By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday. Asked what their next chip for China after the H20…
