By Dawn Chmielewski (Reuters) – Amazon.com has put in a last-minute bid to buy TikTok, a U.S. administration official said on Wednesday, just days ahead of an April 5 deadline for the short-form video app to find a non-Chinese buyer or face a ban in the country. U.S. President Donald Trump is expected to discuss…
(Reuters) – Alphabet’s Google is replacing Sissie Hsiao, who led the development of the artificial intelligence chatbot Bard, now known as Gemini, the company told staff in its AI division on Wednesday. Hsiao will step down immediately, a company spokesperson confirmed. Josh Woodward, who leads Google Labs and oversaw the launch of NotebookLM — the…
MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to stand down 7% year-on-year in the quarter as a whole, data from the Transport Ministry showed on Tuesday. The quarterly number adds to signs that drivers are shunning Elon Musk’s electric vehicle brand as competition…
(Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when the tech giant is aggressively investing and competing in the AI space. Pineau, who has been with the company for eight years and has led Meta’s Fundamental AI Research group (FAIR) since 2023, will depart…
(Reuters) – Artificial intelligence startup CoreWeave’s shares were up 17% at $43.50 on their third day of trading on Tuesday, above their initial public offering price of $40. On Friday, the Nvidia-backed stock debuted for trading at $39, giving the AI infrastructure firm a valuation of $23 billion on a fully diluted basis. CoreWeave had…
By Patricia Zengerle and Mike Stone WASHINGTON (Reuters) -U.S. President Donald Trump’s administration is planning an executive order that would ease rules governing exports of military equipment, and could announce it as soon as Tuesday or Wednesday, four sources familiar with the discussions said. The sources, some in government and some in industry, said they…
WASHINGTON (Reuters) – The U.S. military has completed a “successful counter-terrorism mission” in partnership with El Salvador, a senior Pentagon official said on Monday, though the term appeared to refer to the deportation of alleged criminals. Earlier on Monday, the State Department said that a group of alleged Venezuelan and MS-13 gang members was transported…
By Max A. Cherney SAN FRANCISCO (Reuters) – Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in 2024 with gains driven by the boom in artificial intelligence, a senior executive said. Arm’s CPUs are often…
By Anton Bridge and Miho Uranaka TOKYO (Reuters) – Japanese banks may need to offer business turnaround support to companies hit by tariffs imposed by the administration of U.S. President Donald Trump, the head of the country’s banking lobby said. Many large Japanese firms, including major exporters and manufacturers, are grappling with U.S. duties on…
By Ernest Scheyder and Jarrett Renshaw (Reuters) – The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations. If signed, the order would mark U.S. President Donald…
