(Reuters) -United States Steel on Thursday forecast a surprise loss for the fourth quarter, sending its shares down nearly 5%…
Lamborghini delays first EV launch to 2029 as market not ready
(This Dec. 16 story has been corrected to fix the timing of Ferrari’s EV launch in paragraph 2) SANT’AGATA BOLOGNESE,…
AI startup Databricks hits $62 billion valuation in record VC round
By Krystal Hu and Niket Nishant (Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one…
AI startup Basis raises $34 million for accounting automation ‘agent’
By Anna Tong (Reuters) – Artificial intelligence startup Basis has raised $34 million in a Series A funding round for…
Lockheed forms subsidiary to help defense companies adopt AI
(Reuters) – Lockheed Martin said on Monday it had formed a subsidiary that will help U.S. defense companies incorporate artificial…
To rival SpaceX’s Starship, ULA eyes Vulcan rocket upgrade
By Joey Roulette ORLANDO (Reuters) – Boeing and Lockheed Martin’s joint rocket venture, United Launch Alliance (ULA), plans to upgrade…
Meta urges California attorney general to stop OpenAI from becoming for-profit, WSJ reports
(Reuters) -Meta Platforms is urging California’s attorney general to block OpenAI’s planned conversion to a for-profit company, the Wall Street…
AI with reasoning power will be less predictable, Ilya Sutskever says
By Jeffrey Dastin VANCOUVER (Reuters) – Former OpenAI chief scientist Ilya Sutskever, one of the biggest names in artificial intelligence,…
MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge
(Reuters) -MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge…
Goldman Sachs granted licence for China fund sales
By Selena Li HONG KONG (Reuters) – Goldman Sachs received regulatory approval to sell funds in China, the latest U.S.…