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News
OpenAI launches ChatGPT for financial services industry
3+ day, 13+ hour ago (315+ words) Sept 10 (Reuters) – OpenAI on Thursday launched a version of ChatGPT built for the financial services industry, combining its latest AI model with built-in data from providers including LSEG, PitchBook and Daloopa to target investment bankers and equity researchers. The product,…...
Amazon raises almost $6 billion in first sterling bond sale, lead manager says
4+ day, 2+ hour ago (387+ words) LONDON, Sept 9 (Reuters) – Amazon raised £4.25 billion ($5.76 billion) from its first-ever sterling bond sale on Wednesday, slightly more than initially expected, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom....
DOJ probes Nvidia’s licensing deal with AI startup Groq, NYT reports
4+ day, 2+ hour ago (171+ words) Sept 9 (Reuters) – The U.S. Justice Department is investigating whether Nvidia structured its licensing deal with AI chip startup Groq to avoid antitrust scrutiny, the New York Times reported on Wednesday, citing two people familiar with the matter. Nvidia announced a…...
Suno releases new AI music models in partnership with Warner Music, BMG
4+ day, 5+ hour ago (306+ words) Sept 9 (Reuters) – AI music startup Suno on Wednesday launched a suite of AI models in partnership with record companies Warner Music Group and BMG to allow users to generate new music inspired by licensed music of participating artists. This move…...
Exclusive-China’s DeepSeek taps CITIC Securities for domestic IPO, sources say
4+ day, 23+ hour ago (471+ words) HONG KONG/SINGAPORE, Sept 9 (Reuters) – Chinese artificial intelligence startup DeepSeek has tapped CITIC Securities to prepare for an initial public offering on Shanghai’s tech-focused STAR Market, two people with knowledge of the matter said. The Hangzhou-based company aims to begin…...
Amazon hires banks for first ever sterling bond sale
5+ day, 19+ hour ago (216+ words) LONDON, Sept 8 (Reuters) – Amazon hired banks on Tuesday for its first ever sterling bond sale, according to a memo seen by Reuters, as hyperscalers rush to raise funding across currencies to finance the AI boom. The tech giant is looking…...
China’s Zhipu AI revenue quintuples in first half, loss narrows
1+ week, 6+ day ago (367+ words) By Liam Mo and Eduardo Baptista BEIJING, Aug 31 (Reuters) – China’s Zhipu AI reported first-half revenue of 953.9 million yuan ($141.96 million), up 400% from a year earlier, as the Beijing-based startup sought to turn demand for its AI models into sales while rolling…...
Explainer-What is visual verification and why does Reuters practice it?
2+ week, 2+ day ago (230+ words) The swift rise of AI has tainted that flow, mixing in highly realistic video and still images of events that never happened or, more perniciously, alternate versions of things that did happen but not in the way depicted. WHY DOES…...
OpenAI to cut off AI models for SpaceX-owned Cursor, escalating feud with Musk
2+ week, 2+ day ago (356+ words) By Anusha Shah and Shubham Kalia Aug 28 (Reuters) – OpenAI said on Friday that it plans to stop providing AI models to Cursor, the coding-tool company now owned by Elon Musk’s SpaceX, marking a further escalation in the bitter rivalry between…...
China’s $119 billion policy financing tool begins project applications, faces roll-out lag
2+ week, 6+ day ago (436+ words) BEIJING, Aug 24 (Reuters) – China has opened applications for an 800 billion yuan ($119 billion) policy-based financing tool for local government projects to shore up slowing economic growth, although a securities firm said the later roll-out could limit its impact this year. China’s…...