Editor's Desk

Reddit rallies as AI‑driven ad growth fuels strong revenue outlook

May 1 (Reuters) – Reddit (RDDT.N), opens new tab shares jumped over 12% on Friday after an upbeat...

Intel’s Sambanova deal gets U.S. antitrust clearance

May 1 (Reuters) – U.S. antitrust authorities have completed ‌their review of Intel’s (INTC.O), opens new...

US chipmakers hit record highs as Intel turbocharges AI rally

April 24 (Reuters) – U.S. chip stocks soared to record highs on Friday as Intel’s...

Intel soars on signs AI boom for CPUs is here

April 24 (Reuters) – Demand for Intel’s central processors from firms offering AI services was...

China’s DeepSeek is raising funds at $10 billion valuation, The Information reports

April 17 (Reuters) – Chinese artificial intelligence startup DeepSeek is in talks with investors to...

White House and Anthropic CEO discuss working together amid rising fear about Mythos model

WASHINGTON, April 17 (Reuters) – The Trump administration and Anthropic’s CEO on Friday discussed working...

Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal

April 9 (Reuters) – Meta Platforms (META.O) is deepening its CoreWeave (CRWV.O) partnership ‌with a fresh $21 billion deal...

Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter

April 9 (Reuters) – Amazon’s AI services at its cloud-computing unit are generating annualized revenue...

Coinbase gets conditional US approval for trust charter, Bloomberg News reports

April 2 (Reuters) – Coinbase Global (COIN.O), opens new tab has received conditional approval from banking regulators...