China’s Xi holds rare meet with business leaders amid US tech rivalry
Hidden Values Daily BEIJING (Reuters) – President Xi Jinping held a rare meeting on Monday with some of...
Business
Microsoft to invest $700 million to boost Poland’s cybersecurity
WARSAW (Reuters) -Microsoft plans to invest an additional 700 million dollars in Poland to improve...
Banks sell down more X debt; just $1.3 billion now left on their books
By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky...
Bridgewater adds Tesla stake, reduces rest of ‘Magnificent 7’
By Carolina Mandl NEW YORK (Reuters) – Hedge fund giant Bridgewater Associates added shares of...
Musk’s xAI in talks to raise $10 billion at $75 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s xAI is discussing to raise $10 billion that could value the artificial...
Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports
(Reuters) -Dell Technologies is nearing a deal worth more than $5 billion to provide Elon...
Arm secures Meta as first customer for ambitious new chip project, FT reports
(Reuters) -Arm Holdings plans to launch its own chip this year after securing Meta Platforms...
Embraer to invest some $3.5 billion in Brazil by 2030
BRASILIA (Reuters) – Brazilian planemaker Embraer plans to invest 20 billion reais ($3.47 billion) in...
AI chip startup Positron raises $23.5 million seed round to take on Nvidia
By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said...
Macron promotes France’s electric-powered AI
PARIS (Reuters) – French President Emmanuel Macron declared on Monday that France was in the...