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Nvidia's Huang Meets Trump Before Leaving for China
Nvidia CEO Jensen Huang will meet U.S. President Donald Trump at the White House on Thursday, a day before the former's planned trip to China, Bloomberg News reported Thursday.
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Indeed, Glassdoor to Axe 1,300 Jobs Amid AI Roll-up
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift in focus toward artificial intelligence, according to a memo seen by Reuters Thursday.
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Amazon Eyes 2nd Multibillion Investment in Anthropic
Amazon is considering another multibillion-dollar investment in AI firm Anthropic to strengthen their strategic partnership, The Financial Times reported Thursday, citing people with knowledge of the talks.
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Kellogg Agrees to $3.1B Buyout Deal by Italy's Ferrero
WK Kellogg Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, as the cereal maker has been struggling with weakening consumer demand due to persistently high inflation.
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Musk: Grok AI to Be Available in Teslas Next Week
Grok AI will be available in Tesla vehicles next week "at the latest," the EV maker's CEO, Elon Musk, said in a post on X Thursday.
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Delta Expects Profit Boost on Capacity, Cost Controls
Delta Air Lines Thursday forecast a better-than-expected profit for the current quarter and full year as it expects the industry's efforts to align capacity with demand to improve pricing power.
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Ford Recalls 850K Vehicles Over Fuel Pump Defect
Ford Motor is recalling 850,318 vehicles in the U.S. due to a potential low-pressure fuel pump failure, which could cause an engine stall, the U.S. National Highway Traffic Safety Administration said Thursday.
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Microsoft Sees $500M in AI Savings While Slashing Jobs
Microsoft saved more than $500 million in its call centers alone last year by using artificial intelligence, Bloomberg News reported Wednesday.
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OpenAI to Debut Web Browser to Challenge Google Chrome
OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet's market-dominating Google Chrome, three people familiar with the matter told Reuters.
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Musk's xAI Takes Down 'Inappropriate' Grok Posts
The Grok chatbot, developed by an AI company run by tech mogul Elon Musk, has come under fire after making comments praising Adolf Hitler and giving instructions on how to break into a person's home and rape them.
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Samsung's New Line of Foldable Devices Starts at $899
Samsung introduced several updates to its foldable devices lineup oWednesday, with the new Galaxy Z Fold 7, Z Flip 7, and the new Z Flip 7 FE taking stage at the latest Unpacked event.
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Nvidia Becomes 1st Company to Hit $4 Trillion Market Cap
Chipmaker Nvidia became the first public company to top $4 trillion in value Wednesday after a two-year investor frenzy.
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Linda Yaccarino Steps Down as CEO of Musk's X
Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company.
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WSJ: DOJ Probes Ex-UnitedHealth Staff on Medicare Billing
Investigators from the U.S. Department of Justice are questioning former employees of UnitedHealth Group over how the company deployed doctors and nurses to gather diagnoses that bolstered its Medicare payments.
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Merck Shells Out $10B for Lung Therapy Firm Verona
Merck will buy UK-based Verona Pharma for about $10 billion, the companies said Wednesday, strengthening the U.S. firm's respiratory treatment portfolio in a bid to diversify its revenue source beyond its blockbuster cancer drug.
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Meta Takes 3% Stake in Ray-Ban Parent EssilorLuxottica
Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica, a source told Reuters Tuesday, amid growing consumer interest in AI-powered wearable devices.
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Zuckerberg's Meta Superintelligence Labs Poaches Top AI Talent
Meta Platforms is racing to secure top artificial intelligence talent for its newly created Superintelligence Labs to better compete with rivals including OpenAI, Google, and Anthropic.
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United Resuming Flights to Israel on July 22
United Airlines plans to resume flights to Israel in two weeks, becoming the first U.S. carrier to renew service to Tel Aviv since Israel's war with Iran, Israeli media reported Tuesday.
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Rubio Impostor Using AI to Call High-Level Officials
Someone used artificial intelligence-powered software to imitate Secretary of State Marco Rubio's voice and writing style in contacting foreign ministers, a U.S. governor, and a member of Congress.
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IBM Rolls Out New Chips, Servers for a Simplified AI
International Business Machines Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.
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Amazon Prime Day to Boost US Online Sales to $23.8B: Adobe
Online spending is expected to surge 28% to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event this week, according to an Adobe Analytics forecast released Monday.
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Trump: New Tariff Deadline 'Not 100% Firm'
President Donald Trump reignited his trade war by threatening more than a dozen countries with higher tariffs Monday, but then said he might be flexible on his new August deadline to reach deals.
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Navarro: Apple's Cook Not Moving Production Out of China Fast Enough
Apple CEO Tim Cook isn't moving production out of China fast enough, White House trade adviser Peter Navarro said Monday.
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Trump Media Launches TV Streaming Platform, Includes Newsmax
Trump Media & Technology Group launched its TV streaming platform, Truth+, globally on Monday, featuring the cable channel Newsmax to support the company's expansion.
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Nippon Steel to Raise $5.6B in Subordinated Loans to Fund US Steel Deal
Japan's Nippon Steel said it would raise 800 billion yen ($5.6 billion) through two subordinated loans to partially fund its recent $14.9 billion acquisition of U.S. Steel and refinance previous loans.