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Exclusive: China gives green light to importing first batch of Nvidia's H200 AI chips, sources say
Reuters· 2026-01-28 03:47
Core Viewpoint - China has approved the import of its first batch of Nvidia's H200 artificial intelligence chips, indicating a shift in its stance as it aims to balance AI needs with domestic development [1] Group 1 - The approval of Nvidia's H200 chips marks a significant change in China's policy regarding AI technology imports [1] - This decision reflects China's strategy to enhance its AI capabilities while also promoting local industry growth [1]
C3.AI in talks to merge with startup Automation Anywhere, The Information reports
Reuters· 2026-01-28 02:15
Group 1 - C3.AI is in discussions to merge with Automation Anywhere, a privately held startup specializing in automation software [1] - The report comes from The Information, citing sources familiar with the negotiations [1] - This potential merger highlights the growing interest in enterprise artificial intelligence and automation solutions [1]
Oil prices mixed as US supply worries linger after winter storm
Reuters· 2026-01-28 01:44
Core Viewpoint - Oil prices exhibited mixed movements, with Brent crude experiencing a slight decline while U.S. contracts saw a modest increase due to rising supply concerns following a winter storm that disrupted crude output and halted Gulf Coast exports over the weekend [1] Group 1 - Brent crude prices decreased slightly [1] - U.S. oil contracts edged higher [1] - Supply concerns intensified due to a winter storm affecting crude output [1] Group 2 - The winter storm led to a halt in Gulf Coast exports [1]
Amazon bungles Wednesday layoff plan with misfired internal email
Reuters· 2026-01-28 01:23
Core Insights - Amazon mistakenly notified many Amazon Web Services (AWS) employees about upcoming layoffs through a commiseration email and a team-wide meeting scheduled for Wednesday morning [1] Group 1 - The notification about layoffs was sent out to AWS employees, indicating potential job cuts within the company [1] - The communication was characterized as a mistake, suggesting a lack of coordination in the company's internal messaging [1] - The incident highlights the ongoing challenges within the tech industry, particularly regarding workforce management and communication strategies [1]
SoftBank in talks to invest up to $30 billion more in OpenAI, WSJ reports
Reuters· 2026-01-28 00:47
Core Insights - SoftBank is reportedly in discussions to invest up to an additional $30 billion in OpenAI, indicating a significant interest in the AI sector and potential growth opportunities for both companies [1] Company Summary - The investment discussions involve a substantial amount of $30 billion, which highlights SoftBank's commitment to expanding its portfolio in the technology and AI industry [1]
Oracle says outage at data center causes issues faced by US TikTok users
Reuters· 2026-01-28 00:17
Oracle said on Tuesday that issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle data center. ...
Delta orders 31 Airbus jets in latest long‑haul fleet upgrade
Reuters· 2026-01-28 00:01
Delta Air Lines said on Tuesday it would purchase 31 Airbus widebody jets as part of a long-term plan to modernize its international fleet and support future growth as it focuses on demand from corpor... ...
Citigroup rejects harassment claims against top executive, seeks to move case into arbitration
Reuters· 2026-01-27 23:24
Citigroup on Tuesday forcefully rejected accusations by a former managing director who sued the bank over alleged sexual harassment by wealth management chief Andy Sieg, saying she expressed "steadfas... ...
Chevron appoints veteran executive Thomas Horton to board
Reuters· 2026-01-27 22:39
Chevron said on Tuesday it has appointed former American Airlines Chairman and CEO Thomas W. Horton to the energy major's board as an independent director. ...
Seagate forecasts quarterly results above estimates on strong data storage demand
Reuters· 2026-01-27 22:02
Seagate Technology forecast third-quarter revenue and profit above Wall Street expectations on Tuesday, benefiting from strong demand for its data storage devices as enterprises scale up their use of ... ...