Exclusive-Amazon’s cloud unit is considering AMD’s new AI chips

(Reuters) – Amazon (NASDAQ:AMZN) Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from…

Social media moderators urge German lawmakers to tackle ‘exploitative’ working conditions

(Reuters) – Hundreds of social media moderators in Germany – who remove harmful content from platforms such as Facebook (NASDAQ:META)…

Toyota wins over shareholders at AGM after questions on strategy, governance

(Reuters) – Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual…

Explainer – Why are other automakers chasing Tesla’s ‘Gigacasting’?

(Reuters) – Toyota Motor (NYSE:TM) said this week it will adopt a technology Tesla (NASDAQ:TSLA) pioneered known as “Gigacasting” as…

Tranquility reigns over markets still awash with cash, for now

(Reuters) – Soaring interest rates, slowing economic growth and a banking sector still recovering from a March rout might suggest…

Guggenheim sticks with Netflix as company continues to outperform

Guggenheim reiterated a Buy rating on Netflix (NASDAQ:NFLX) and raised their 12-month price target on the stock to $500.00 (From…

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.08%

Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Cement, Retail and Insurance sectors led…

GameStop shares jump after executive chair Ryan Cohen increases stake

Shares in GameStop Corp (NYSE:GME) rose in early U.S. trading on Tuesday after regulatory filings showed that the video game…

Wells Fargo CFO expects upside in net interest income

(Reuters) – Wells Fargo (NYSE:WFC) & Co expects an upside in net interest income going ahead, Chief Financial Officer Mike…

Analysts believe Salesforce is ‘well-positioned’ to enhance platform through AI

Salesforce (NYSE:CRM) hosted its AI Day on Monday, leaving Wall Street analysts impressed with the company’s vision for leveraging GenerativeAI…