(Reuters) – Bain & Co said on Thursday it will expand its partnership with OpenAI to sell the AI startup’s tools, including ChatGPT, to the consultancy’s clients. Last year, the companies had set up a global services alliance to make Bain’s clients aware about OpenAI’s technology. The Boston-based consultancy has made OpenAI platforms, including ChatGPT …
Bain & Co, OpenAI expand partnership to sell AI tools to clients Read More »
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637 million shares would likely fetch it $1.67 billion. The stock sale as well as its latest warning of a bigger-than-expected loss for the third quarter sent Lucid shares down as much as 16.5% to $2.74, …
EV maker Lucid expects to raise $1.67 billion from stock sale Read More »
HOUSTON (Reuters) – Cheniere Energy moved one step closer to producing first liquefied natural gas from a Corpus Christi, Texas, expansion project on Thursday after it received permission from federal regulators to put a supply line into operation. Cheniere is the largest U.S. LNG exporter and the world’s second largest producer of the superchilled gas. …
Cheniere Energy moves closer to starting new Texas LNG export operation Read More »
(Reuters) – Former NBC anchor Brian Williams will host a special one-night show delivering election results and analysis to Amazon.com customers on Nov. 5, the company said on Thursday as it looks to capitalize on one of the most anticipated events of the year. The show will be produced by Glenn Weiss and Ricky Kirshner …
Amazon Prime Video taps former NBC anchor Williams for special election day coverage Read More »
(Reuters) – The U.S. government fund that backstops nearly $10 trillion in insured bank deposits is recovering ahead of schedule from declines and losses in recent years, while the banking system remains largely resilient, U.S. Federal Deposit Insurance Corporation officials said on Thursday. Last year’s spring banking crisis, which involved the second-, third- and fourth-largest …
Recovery of US bank failure fund ahead of schedule, FDIC says Read More »
WASHINGTON (Reuters) -U.S. President Joe Biden on Thursday canceled another $4.5 billion in student debt for more than 60,000 borrowers, bringing the number of public service workers who have had their student loans for higher education forgiven to over 1 million. The cancellation is Biden’s latest effort to fulfill his 2020 campaign pledge to deliver …
Biden cancels $4.5 billion in public workers’ student loans Read More »
By Nate Raymond (Reuters) – No matter which candidate wins the U.S. presidential election, Kamala Harris and Donald Trump will face one similar reality: fewer opportunities to reshape the federal judiciary. By the time Democratic President Joe Biden leaves office, he and Trump, his Republican predecessor, will have within just eight years appointed about half …
Harris or Trump, next president will have less impact on shape of US judiciary Read More »
By Dave Sherwood HAVANA (Reuters) – Cuba accused the United States late on Wednesday of a half-hearted investigation into a 2023 attack on the Communist-run nation’s embassy in Washington, D.C., further souring already-bitter relations between the neighboring countries. A man in dark clothing hurled two Molotov cocktails at the Cuban embassy in Washington in September …
Cuba accuses US of half-hearted investigation into 2023 embassy attack Read More »
WASHINGTON (Reuters) – U.S. business inventories increased in August, lifted by stocks at retailers, government data showed on Thursday. Inventories rose 0.3% after a similar gain in July, the Commerce Department’s Census Bureau said. The increase in inventories, a key component of gross domestic product, was in line with economists’ expectations. Inventories advanced 2.4% on …
US business inventories rise in August on retail stocks Read More »
By Katie Paul NEW YORK (Reuters) – Facebook owner Meta said on Thursday it had teamed up with Blumhouse Productions, the Hollywood company behind popular horror films such as “The Purge” and “Get Out,” to put its new generative AI video model Movie Gen to the test. The announcement comes after Meta unveiled Movie Gen, …
Meta partners with Hollywood’s Blumhouse to test out its AI movie generation model Read More »
