China’s Pony AI seeks up to $4.5 billion valuation in long-sought New York listing
Hidden Values Daily (Reuters) -Pony AI is seeking a valuation of up to $4.48 billion in its U.S....
Hidden Values Daily
EU regulators quiz Novo Nordisk, Catalent rivals on $16.5 billion deal
By Foo Yun Chee and Maggie Fick BRUSSELS/LONDON (Reuters) – EU antitrust regulators have asked...
AMD to cut 4% of global workforce as it focuses on AI chip development
(Reuters) – Advanced Micro Devices is laying off 4% of its global workforce, or about...
Meta to introduce ads on Threads in early 2025, the Information reports
(Reuters) -Meta Platforms plans to introduce advertisements to its social media app Threads early next...
Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) – Saudi Arabia has...
Amazon offers free computing power to AI researchers, aiming to challenge Nvidia
By Stephen Nellis (Reuters) – Amazon.com’s cloud computing unit on Tuesday said it will offer...
Big bank deals could be spurred by Trump administration, executives say
By Tatiana Bautzer NEW YORK (Reuters) – President-elect Donald Trump’s return to the White House...
ValueAct takes $1-billion stake in Meta, source says
By Svea Herbst-Bayliss (Reuters) -ValueAct Capital has built a $1-billion stake in Meta Platforms but...
Elliott calls for Honeywell break up, takes $5 billion-plus stake
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell should split into two...
Exclusive-Amazon developing driver eyeglasses to shave seconds off deliveries, sources say
By Greg Bensinger (Reuters) – Amazon is developing smart eyeglasses for its delivery drivers to...