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Alibaba forms task force to boost AI development after Qwen chief's exit
BEIJING, March 5 (Reuters) - Alibaba Group Holding Ltd 9988.HK said on Thursday it would set up a new task force to accelerate foundation model development, following the resignation of its Qwen AI division head Lin Junyang.Reuters
3 minutes ago
TSMC, In Response To Question On Possible Raw Material Supply Chain Disruption From Iran War: We Do Not Anticipate Any Significant Impact At This Time
March 5 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:TSMC, IN RESPONSE TO QUESTION ON POSSIBLE RAW MATERIAL SUPPLY CHAIN DISRUPTION FROM IRAN WAR: WE DO NOT ANTICIPATE ANY SIGNIFICANT IMPACT AT THIS TIMESource text: [ID:]Reuters
3 minutes ago
Nvidia halts China-bound H200 output, shifts TSMC capacity to Vera Rubin, FT reports
March 5 (Reuters) - Nvidia NVDA.O has stopped production of its second-most advanced artificial intelligence chips, known as H200 chips, intended for the Chinese market, the Financial Times reported on Thursday.The U.S. chipmaker has reallocated manufacturing capacity at chip contract maker TSMC 233...Reuters
5 minutes ago
Iran crisis could disrupt supply of key chipmaking materials, South Korea warns
Iran crisis may disrupt key chip material supplies from Middle EastEnergy cost spike may increase chip prices, industry fearsAI data centre plans in Middle East could face setbacksBy Heejin Kim and Hyunjoo Jin SEOUL, March 5 (Reuters) - The U.S.-Israel war with Iran could disrupt supplies of key ...Reuters
12 minutes ago
Nvidia refocuses TSMC capacity as export controls stall China sales, FT reports
March 5 (Reuters) - Nvidia NVDA.O has stopped production of chips intended for the Chinese market, betting that regulatory barriers in the U.S. and China will continue to limit sales to the world's second-largest economy, the Financial Times reported on Thursday.The U.S. chipmaker has reallocate...Reuters
34 minutes ago
Qatar Airways offers limited relief flights for stranded passengers
DUBAI, March 5 (Reuters) - Qatar airways will operate limited relief flights starting from Thursday for stranded passengers departing from Muscat and Riyadh, it said on X. Flights are planned from Muscat to Amsterdam, Berlin, Copenhagen, London's Heathrow, Madrid and Rome as well as from Riyadh ...Reuters
38 minutes ago
Nvidia Refocuses TSMC Capacity As Export Controls Stall China Sales- FT
March 5 (Reuters) - NVIDIA REFOCUSES TSMC CAPACITY AS EXPORT CONTROLS STALL CHINA SALES- FTNVIDIA HAS STOPPED PRODUCTION OF CHIPS INTENDED FOR THE CHINESE MARKET- FTNVIDIA REALLOCATED MANUFACTURING CAPACITY AT TSMC AWAY FROM H200 CHIPS TO ITS NEXT-GENERATION VERA RUBIN HARDWARE - FT: NVIDIA REALLOCA...Reuters
39 minutes ago
BREAKINGVIEWS-Private credit meets ‘show-me-the-money’ moment
By Jonathan Guilford NEW YORK, March 5 (Reuters Breakingviews) - It's time for private credit titans to put their money where their mouths are. Blackstone BX.N, Blue Owl OWL.N, Ares Management ARES.N, KKR KKR.N and others grabbed a giant chunk of the leveraged finance market over the past de...Reuters
43 minutes ago
As live events boom, India's hotels ride the experience economy
By Praveen Paramasivam and Nathan GomesCHENNAI/BENGALURU, March 5 (Reuters) - International music concerts and marquee sporting events are fast becoming a key growth driver for India's hotel industry, as younger consumers increasingly prioritise live experiences over big-ticket shopping, hotel e...Reuters
47 minutes ago
US charter flight repatriating Americans from Middle East, State Department says
March 4 (Reuters) - A U.S. government charter flight was bringing Americans to the United States from the Middle East, and additional flights were being arranged for locations across the region, the U.S. State Department said on Wednesday.The agency provided no details on the number of passengers ab...Reuters
an hour ago
Oman Oil Marketing Says One Of Fuel Storage Tanks Was Subject To An Incident
March 5 (Reuters) - OMAN OIL MARKETING COMPANY OOMS.OM:ONE OF COMPANY'S FUEL STORAGE TANKS WAS SUBJECT TO AN INCIDENTPRELIMINARY ASSESSMENTS INDICATE THAT IMPACT WAS LIMITED TO MINOR PHYSICAL DAMAGEAS A PRECAUTIONARY MEASURE, OPERATIONS AT AFFECTED SITE WERE TEMPORARILY SUSPENDEDReuters
an hour ago
BREAKINGVIEWS-Iran strikes plunge globe back into energy chaos: podcast
By Aimee Donnellan and Jonathan Guilford DUBLIN/NEW YORK, March 5 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast. Attacks launched by the United States and Israel led to immediate escalation, embr...Reuters
an hour ago
Motor racing-Aston Martin to limit laps in Australia with drivers at risk of nerve damage
By Ian RansomMELBOURNE, March 5 (Reuters) - Aston Martin will limit their laps at the season-opening Australian Grand Prix to avoid the risk of their drivers suffering nerve damage from vibrations coming through the steering wheel, team principal Adrian Newey said on Thursday.Newey said vibrations f...Reuters
an hour ago
First UK repatriation flight from Middle East delayed to Thursday, Sky News reports
March 5 (Reuters) - A British flight to repatriate UK nationals after the outbreak of war in the Middle East did not take off as scheduled from Oman on Wednesday night and has been rescheduled for later on Thursday, Sky News reported. Reuters could not immediately confirm the report. The Britis...Reuters
an hour ago
US House ethics panel to probe sex allegations against Texas Republican Gonzales
Three-term congressman admits 'mistake', 'lapse in judgment'Gonzales welcomes inquiry, vows to stay in campaignLawmaker accused of affair, favoritism with former stafferBy David Morgan WASHINGTON, March 4 (Reuters) - The U.S. House Ethics Committee has opened an inquiry into Repre...Reuters
an hour ago
PRESS DIGEST-Financial Times - March 5
March 5 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Anthropic chief back in talks with Pentagon about AI deal - OpenAI pushes to add surveillance safeguards following Penta...Reuters
2 hours ago
OpenAI tops $25 billion in annualized revenue, The Information reports
March 4 (Reuters) - Artificial intelligence startup OpenAI topped $25 billion in annualized revenue as of the end of last month, The Information reported on Wednesday, citing a person familiar with the figure.This is a 17% increase from the $21.4 billion in annualized revenue that the company ge...Reuters
2 hours ago
REFILE-OpenAI tops $25 billion in annualized revenue last month, The Information reports
March 4 (Reuters) - OpenAI topped $25 billion in annualized revenue as of the end of last month, The Information reported on Wednesday, citing a person familiar with the figure.Reuters could not immediately verify the report.Reuters
2 hours ago
BREAKINGVIEWS-Toyota $19 bln stock unwind can tick many boxes
By Katrina Hamlin HONG KONG, March 5 (Reuters Breakingviews) - A mega buyback could make a lot of sense for Toyota Motor 7203.T. The potential 3 trillion yen ($19 billion) share unwind, which Reuters reported on Thursday, citing sources, would be a modest step towards a punchy 20% return-on-equit...Reuters
2 hours ago
FDA official says UniQure fell short on Huntington's trial, defends new study request
NEW YORK, March 4 (Reuters) - UniQure's UQ1.F, QURE.O trial design for its gene therapy for Huntington's disease did not offer sufficient proof that the drug slowed disease progression, a top U.S. Food and Drug Administration official said on Wednesday, while defending the agency's call ...Reuters
2 hours ago
