Microsoft says OpenAI is now a competitor in AI and search
Microsoft's relationship with OpenAI has officially become more complicated.
Reports asian news
India’s deadly landslides expose country’s weak project planning: ‘disasters in the making’
While the extent of the disaster is hard to ascertain, media reports pin the death toll at more than 150, as rescuers wade through mud and debris looking for hundreds still missing.
S&P 500 futures rise after Meta posts quarterly beat: Live updates
Stock futures rose in overnight trading Wednesday as investors weighed the latest corporate earnings reports, including strong results from Meta Platforms.
Nvidia shares soar 13% after Microsoft quells fears that AI buildout is too fast
Nvidia shares popped 13% Wednesday after remarks from top customer Microsoft and rival chipmaker AMD signaled there wouldn't be a slowdown in the multibillion-dollar buildout of AI servers based around GPUs.
Meta’s Reality Labs posts $4.5 billion loss in second quarter
Meta's ambitious plans to develop the metaverse is still costing the company billions of dollars a quarter.
Japan orders Toyota to make ‘drastic reforms’ after new certification violations
The Japanese government ordered Toyota Motor on Wednesday to make “drastic reforms” after discovering new violations in the carmaker’s vehicle certification procedures.
Qualcomm beats estimates and phone chip sales are up 12%
Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations, particularly for sales, and provided strong guidance for the current quarter.
Lithium giant Albemarle halts Australia plant expansion, reviews costs on weak lithium prices
Lithium mining giant Albemarle will halt the expansion of a manufacturing plant in Australia, as the company reviews costs due to headwinds from weak lithium prices.