
In Today’s News
“Legit every single day something goes insane” – Trader [adv]
CoreWeave to offer compute capacity in Google’s new cloud deal with OpenAI, sources say (Reuters) -CoreWeave has emerged as a winner in Google’s newly signed partnership with OpenAI, sources familiar with the matter told Reuters, in the latest example of the voracious appetite for computing resources in the artificial-intelligence industry and the formation of new alliances to meet them. The …. Read More >>
Nvidia, Perplexity partner with European firms to boost local AI models SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with more than a dozen AI firms in Europe and the Middle East to refine those firms’ AI technologies and distribute them to local businesses.Nvidia said it will work with model makers in Fr …. Read More >>
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Oracle beats quarterly results estimates on cloud services demand, shares rise The company’s growth is largely nurtured by its Oracle Cloud Infrastructure (OCI) solution and support for AI workloads. Analysts see the company becoming more of a cloud service provider that relies less on software growth.”We expect our total cloud growth rate â applications plus infrastructure â …. Read More >>
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OTHER HEADLINES
Bessent says US may ‘roll the date forward’ for some after 90-day tariff pause ends “It is highly likely that those countries – or trading blocs as is the case with the EU – who are negotiating in good faith, we will roll the date forward to continue the good-faith negotiations,” Bessent told the House Ways and Means Committee. “If someone is not negotiating, then we will not.” Bessent’s rem …. Read More >>
US Congress seeks to boost Navy and Air Force fleets in 2026 bill WASHINGTON (Reuters) -The House Appropriations Committee’s Defense subcommittee released its draft bill for fiscal-year 2026 late on Tuesday, which aims to buy one additional F-35 jet versus the Pentagon’s 2025 budget request and make investments in naval vessels, and missile defenses.The powerful committee’s …. Read More >>
Musk called Trump before expressing regret publicly, source says Musk said on Wednesday he regretted some of the posts he made about Trump as they had gone “too far,” a gesture the U.S. president described as “very nice,” in the latest sign of a tentative reconciliation between the two men. (Reporting by Nandita Bose; Additional reporting by Trevor Hunnicutt, Ismail Shakil …. Read More >>
Warner Bros’ credit rating downgraded to junk by Fitch on split-up (Reuters) -Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery to junk status following the company’s announced split-up earlier this week, as investors weigh the deal’s likely impact on holders of its debt. “The downgrade reflects Fitch’s expectation post-transaction, WBD wil …. Read More >>
Disney, Universal sue image creator Midjourney for copyright infringement LOS ANGELES (Reuters) -Walt Disney and Comcast’s Universal filed a copyright lawsuit against Midjourney on Wednesday, calling its popular AI-powered image generator a “bottomless pit of plagiarism” for its use of the studios’ best-known characters.The suit, filed in federal district court in Los Angeles, clai …. Read More >>
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