By Laila Kearney NEW YORK (Reuters) -Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced…
Adobe raises annual forecasts on steady adoption of AI-powered tools
(Reuters) -Adobe raised its full-year results forecast on Thursday, helped by continued demand for its AI-powered software tools that generate…
Warner Bros’ credit rating downgraded to junk by Fitch on split-up
By Dawn Chmielewski, Matt Tracy and Milana Vinn (Reuters) -Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery…
Bessent says US may ‘roll the date forward’ for some after 90-day tariff pause ends
(Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday said the Trump administration is prepared to “roll the date forward” with…
Oracle beats quarterly results estimates on cloud services demand, shares rise
(Reuters) -Oracle beat Wall Street estimates for fourth-quarter results on Wednesday, boosted by growing demand for its cloud offerings from…
Nvidia, Perplexity partner with European firms to boost local AI models
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with…
CoreWeave to offer compute capacity in Google’s new cloud deal with OpenAI, sources say
By Krystal Hu (Reuters) -CoreWeave has emerged as a winner in Google’s newly signed partnership with OpenAI, sources familiar with…
Blackstone to invest $500 billion in Europe over next decade, Bloomberg reports
(Reuters) -Blackstone plans to invest up to $500 billion in Europe over the next decade, CEO Steve Schwarzman told Bloomberg…
NextEra CEO says renewables needed as bridge to expanding gas power
By Valerie Volcovici WASHINGTON (Reuters) -Renewable energy sources like wind and solar power are needed to meet rapidly growing energy…
Fanduel to add first surcharge to customer bets in Illinois
DUBLIN (Reuters) -The United States’ largest online betting operator Fanduel will introduce a surcharge on customer bets in Illinois from…