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Cloud startup Lambda unveils multi-billion-dollar deal with Microsoft
Reuters· 2025-11-03 17:12
Core Insights - Lambda, an artificial intelligence cloud startup, has entered into a multi-billion-dollar agreement with Microsoft to deploy tens of thousands of Nvidia's graphics processors [1] Group 1 - The partnership aims to enhance AI capabilities by leveraging Nvidia's leading graphics processing units [1] - This agreement signifies a strategic move for both companies to strengthen their positions in the AI cloud market [1] - The deal is expected to significantly increase Lambda's operational capacity and service offerings [1]
Novo Nordisk says Metsera bid won't raise antitrust issues
Reuters· 2025-11-03 17:04
Denmark's Novo Nordisk said on Monday it is confident that its proposed takeover of U.S. drugmaker Metsera does not raise any antitrust issues. ...
Verizon, AWS expand tie up with new fiber network to power AI applications
Reuters· 2025-11-03 17:01
Core Insights - Verizon has announced a partnership with Amazon Web Services (AWS) to develop high-capacity fiber routes that will connect AWS data centers, which is aimed at enhancing infrastructure for the next generation of artificial intelligence applications [1] Group 1 - The collaboration between Verizon and AWS is focused on building robust fiber infrastructure to support increasing data demands [1] - This initiative is part of a broader trend in the telecommunications industry to improve connectivity and data transfer capabilities [1] - The deal signifies a strategic move by Verizon to strengthen its position in the cloud services market [1]
Canada says it is launching dispute settlement proceedings against Stellantis
Reuters· 2025-11-03 16:32
Canada is launching dispute settlement proceedings against auto manufacturer Stellantis over its decision to shift production from a Canadian plant to one in the United States, Industry Minister Melan... ...
Waymo to expand robotaxi service to Las Vegas, San Diego and Detroit next year
Reuters· 2025-11-03 16:29
Core Insights - Waymo will launch its robotaxi service in Las Vegas, San Diego, and Detroit next year, marking its largest geographic expansion to date [1] Company Expansion - The introduction of the robotaxi service in these three cities signifies a significant step in Waymo's growth strategy [1] - This expansion is expected to enhance Waymo's presence in the autonomous vehicle market [1] Market Implications - The launch in major urban areas like Las Vegas, San Diego, and Detroit could increase competition in the robotaxi sector [1] - This move may attract more customers and partnerships, potentially leading to increased revenue streams for Waymo [1]
US becomes first country to export 10 million tonnes of LNG in single month
Reuters· 2025-11-03 16:21
The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG. ...
AstraZeneca wins shareholder backing for NYSE listing in US pivot
Reuters· 2025-11-03 16:11
AstraZeneca shareholders approved a direct listing of the drugmaker's shares on the New York Stock Exchange on Monday, giving it access to a deeper capital pool. ...
AstraZeneca wins shareholder backing for NYSE listing as drugmaker pivots to US
Reuters· 2025-11-03 16:06
Core Viewpoint - AstraZeneca shareholders have approved a direct listing of the company's shares on the New York Stock Exchange, which will provide access to a deeper capital pool [1] Group 1 - The approval by shareholders marks a significant step for AstraZeneca in enhancing its market presence [1] - The direct listing is expected to facilitate greater liquidity and investment opportunities for the company [1]
Google owner Alphabet to tap US, euro bond markets
Reuters· 2025-11-03 15:21
Core Viewpoint - Google owner Alphabet is engaging in a multi-tranche senior unsecured notes offering in the U.S. dollar and euro debt markets [1] Group 1 - The company is tapping into both the U.S. dollar and euro debt markets for its financing needs [1] - This offering consists of multiple tranches, indicating a structured approach to raising capital [1] - The senior unsecured notes suggest that the company is looking to secure funding without collateral, which may reflect confidence in its creditworthiness [1]
Ford's US October sales rise on demand for pickup trucks despite EV decline
Reuters· 2025-11-03 15:10
Core Insights - Ford reported a 1.6% increase in U.S. sales for October, driven by higher demand for pickup trucks, which compensated for a decline in electric vehicle sales [1] Sales Performance - U.S. sales increased by 1.6% in October [1] - The rise in sales was primarily attributed to increased demand for pickup trucks [1] - Electric vehicle volumes experienced a decline during the same period [1]