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Nvidia's New Product Merges AI Supercomputing with Quantum
WSJ· 2025-10-28 17:11
Core Insights - Jensen Huang introduced a new interconnect that integrates quantum processors with Nvidia's AI supercomputers, aiming to enhance the performance of both technologies [1] Group 1 - The new interconnect is designed to optimize the capabilities of quantum processors alongside Nvidia's AI supercomputers [1] - This development signifies a strategic move by Nvidia to bridge the gap between quantum computing and artificial intelligence [1] - The integration is expected to unlock new potential applications and improve computational efficiency [1]
Western Union, Early Telegraph Pioneer, Joins the Crypto Arms Race
WSJ· 2025-10-28 16:45
The company plans to launch its own stablecoin in 2026 to send money around the globe, a move that might lower customer costs and settle transactions faster. ...
Ex-Disney Executive Wants to Be Faster and More Frugal Than Hollywood Studios
WSJ· 2025-10-28 16:14
Sean Bailey's new venture pursues Silicon Valley partnerships to speed up TV and movie making and reduce costs. ...
Nvidia Takes $1 Billion Stake in Nokia
WSJ· 2025-10-28 16:07
The AI chip giant will have a 2.9% ownership stake in the Finnish telecom company. ...
OpenAI Converts to Public Benefit Corporation With Microsoft Taking 27% Stake
WSJ· 2025-10-28 13:47
Core Insights - OpenAI's for-profit arm has officially transitioned into a public benefit corporation, indicating a commitment to balancing profit with social responsibility [1] - A significant partnership has been established with Microsoft, which will acquire a 27% stake in OpenAI, highlighting the tech giant's strategic investment in AI technology [1] Company Developments - The conversion to a public benefit corporation allows OpenAI to pursue its mission while also attracting investment [1] - The deal with Microsoft not only provides capital but also strengthens the collaboration between the two companies in advancing AI initiatives [1]
Texas sued Tylenol maker Kenvue, alleging it deceived pregnant women about risks associated with autism
WSJ· 2025-10-28 12:39
Core Viewpoint - The lawsuit claims that the manufacturer of Tylenol engaged in misleading marketing practices by promoting the product as safe for use during pregnancy [1] Group 1 - The suit alleges deceptive marketing practices by the Tylenol maker [1]
UPS Cuts 48,000 Jobs in Management and Operations
WSJ· 2025-10-28 12:36
The company disclosed the workforce reduction in an earnings announcement. Shares rose more than 12% in premarket trading. ...
UPS Cut 48,000 Jobs in Management and Operations
WSJ· 2025-10-28 12:36
Core Insights - The company announced a workforce reduction during its earnings announcement, which led to a significant increase in its share price by more than 12% [1] Company Summary - The workforce reduction was disclosed in the context of an earnings announcement [1] - Following the announcement, the company's shares experienced a notable rise, indicating positive market reaction [1]
Wayfair Posts Higher Revenue on Increased Orders
WSJ· 2025-10-28 12:12
Wayfair logged improved revenue in the third quarter with orders rising, as shoppers bought new furniture before new tariffs went into effect. ...
Commvault Revenue Rises on Continuing Demand but Profit Slips
WSJ· 2025-10-28 12:01
Commvault Systems logged higher revenue in the recent quarter, boosted by steady demand for its cyber-resilience offerings. ...