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Recent Articles from Associated Press
OpenAI names Slack’s Denise Dresser first chief of revenue
SAN FRANCISCO (AP) — OpenAI said Tuesday it has picked Slack CEO Denise Dresser as its first chief of revenue, a message to wary investors that the ChatGPT maker is serious about making a profit from its artificial intelligence technology. OpenAI said Dresser will oversee global revenue strategy and “will help more businesses put AI […]
Trump allows limited Nvidia chip sales to China
Trump will allow Nvidia to sell H200 AI chips to approved buyers in China, sparking praise from industry leaders and objections from Democratic senators.
Fed faces divided debate ahead of expected rate cut
A divided Fed heads into a contentious meeting as Chair Jerome Powell seeks support for a third rate cut amid weak hiring and high inflation.
U.S. job openings barely budged in October, coming in just below 7.7 million
U.S. job openings held at 7.7M in October as quits fell and layoffs rose, signaling a cooling labor market amid tariffs and Fed rate debates.
EU probes Google over possible AI antitrust violations
LONDON (AP) — Google faces fresh antitrust scrutiny from European Union regulators, who opened an investigation Tuesday into the company’s use of online content for its artificial intelligence models and services. The flurry of regulatory flexing by Brussels that has targeted Big Tech risks antagonizing President Donald Trump’s administration, though EU officials denied they we[...]
Stocks slip as S&P 500 pulls back from record high
U.S. stocks fell from record levels as Treasury yields rose ahead of the Fed meeting, with the S&P 500, Dow and Nasdaq all edging lower.
Boeing completes $4.7B Spirit AeroSystems purchase
Boeing has finalized its $4.7B acquisition of Spirit AeroSystems, bringing 737 Max fuselage production in-house amid ongoing safety scrutiny.
Paramount launches $74B hostile bid for Warner Bros.
Paramount has made a $74.4B hostile bid for Warner Bros. Discovery, challenging Netflix’s $72B deal and escalating the fight for the studio.
Trump plans $12B aid for farmers hit by trade war
WASHINGTON (AP) — President Donald Trump is planning a $12 billion farm aid package, according to a White House official — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war. According to the official, who was granted […]
IBM to buy Confluent in $11B deal to boost AI strategy
IBM said Monday it’s buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company’s artificial intelligence strategy. The two companies said they signed a “definitive agreement” for IBM to acquire all of Confluent Inc.’s issued and outstanding common stock for $31 per share in cash, which represents […]
