(Reuters) -Informatica is exploring a sale after attracting renewed takeover interest from suitors, including Salesforce, a person familiar with the matter told Reuters on Friday. Shares of Informatica had surged as much as 20% in afternoon trading after Bloomberg News first reported that the two companies are in discussion again. They were up 2.8% in…
(Reuters) -Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center, the Financial Times reported on Friday. The data center, situated in Abilene, Texas, is part of the U.S. Stargate Project, led by top AI firms in the country, to boost America’s heft in the artificial intelligence industry…
(Reuters) -The U.S. Justice Department is probing whether Alphabet’s Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the AI startup’s technology, Bloomberg Law reported on Thursday. Antitrust enforcers have recently told Google they are examining whether the company structured the agreement with Character.AI to avoid formal government…
(Reuters) -Alphabet shares jumped 4% on Thursday, rising for a second straight day, as investors cheered the Google parent’s artificial intelligence updates including the rolling out of “AI Mode” to all its U.S. users. A $249.99-a-month subscription for its AI power users, teased at its annual developer conference, also allayed concerns over funding the huge…
(Reuters) -Apple is preparing to allow third-party developers to write software using its artificial intelligence models, in a push to boost the creation of new applications, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The tech major is working on a software development kit and related frameworks that would allow outsiders…
By David French NEW YORK (Reuters) -Acrisure has raised $2.1 billion from Bain Capital and other investors, its CEO told Reuters on Tuesday, valuing the firm at $32 billion and allowing it to fund an expansion into products beyond its core insurance brokerage business. Grand Rapids, Michigan-based Acrisure was founded in 2005 as an insurance…
SEATTLE (Reuters) -Microsoft said it will add an artificial intelligence coding agent from Google-backed startup Anthropic to its GitHub service. Coding agents can carry out software development tasks, such as fixing bugs, on a human developer’s behalf. Microsoft on Monday introduced its own coding agent to GitHub, a Microsoft-owned service that many software companies use…
(Reuters) -Dollar Tree on Monday named retail industry veteran Duncan MacNaughton as the chief executive officer of the Family Dollar chain, which is in the process of being bought by a group of private-equity investors for about $1 billion. MacNaughton, who served as the finance chief at Family Dollar until 2019 and has held positions…
By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday. Asked what their next chip for China after the H20…
(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for breach of duties, according to a filing with the U.S. Securities and Exchange Commission on Friday. Three percent of Tesla’s shares amounts to about 97 million shares worth about…
