Google invests another $1 bln in OpenAI competitor Anthropic, FT reports
Investing.com– Google (NASDAQ:GOOGL) has invested an additional $1 billion into Anthropic, a leading AI start-up and OpenAI’s rival, the Financial Times reported on Wednesday citing sources familiar with the matter. The move strengthens Alphabet-owned (NASDAQ:GOOG) Google’s position in the AI race
China CATL’s shares dip after it warns of revenue fall, slowing profit growth
BEIJING (Reuters) – Shares in CATL, the world’s largest battery maker, dropped nearly 4% on Wednesday after the Chinese company warned that its annual revenue fell for the first time last year and that profit grew at its slowest pace
Indonesia close to deal to lift Indonesian iPhone 16 ban, Bloomberg News reports
(Reuters) – Indonesia is close to a deal with Apple Inc (NASDAQ:AAPL) over an investment plan that could lift a ban on iPhone 16 sales in the country, Bloomberg News reported on Tuesday, citing an interview with investment minister Rosan
South Korea to remove concrete embankment blamed for exacerbating deadly plane crash
By Hyunsu Yim SEOUL (Reuters) – South Korea’s transport ministry said on Wednesday that it would remove the concrete embankment installed at Muan International Airport following last month’s Jeju Air crash, its deadliest domestic air disaster. While investigators are still probing
Walt Disney: Citi resumes coverage with ‘Buy’ on favorable risk-reward profile
Investing.com– Walt Disney Company (NYSE:DIS) presents an attractive risk-reward opportunity at current levels, according to Citi analysts, who resumed coverage of the stock with a “Buy” rating Citi forecasts Disney will achieve adjusted earnings per share (EPS) growth of