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07Jan

Huawei spin-off xFusion taps Citic for IPO as AI investor frenzy builds

Shanghai: China's leading AI server provider xFusion has hired Citic Securities in preparation for an initial public offering, regulatory disclosure showed, adding the Huawei spin-off to a list of tech…

07Jan

BlueScope Investors Push for Higher Buyout Offer to Back A$13.2bn Deal

Sydney: BlueScope Steel investors said they are hoping a A$13.2 billion ($8.92 billion) buyout bid for the company from SGH and U.S.-based Steel Dynamics will be raised to win their…

07Jan

Lenovo Teams Up With Nvidia to Fast-Track AI Data Centres

China's Lenovo, the world's largest personal computer maker, on Tuesday said it has teamed up with U.S. AI chip leader Nvidia to help AI cloud providers quickly put data centres…

07Jan

Hyundai Motor shares jump nearly 15% to record high on Nvidia tie-up buzz

Seoul: Shares of Hyundai Motor rallied on Wednesday by as much as 14.9% to hit a record high in morning trade, outperforming the benchmark KOSPI's 1.2% gain amid market speculation…

07Jan

Venezuela agrees to export up to $2 billion in crude to the US, Trump says

Houston/Washington: Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, U.S. President Donald Trump said on Tuesday, a…

07Jan

Berkshire Hathaway Raises New CEO Greg Abel’s Pay to $25 Million

Berkshire Hathaway said on Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted…

07Jan

Mobileye to buy humanoid robotics startup Mentee Robotics for $900M

Las Vegas: Mobileye Global on Tuesday said it would acquire humanoid robotics startup Mentee Robotics for about $900 million, as the Israeli self-driving technology firm bets on what it sees…

06Jan

The First AI Employee Is Here; And It Writes Code All Night

In early 2024, a short demo quietly changed how many founders think about artificial intelligence. On screen, an AI opened a laptop, read a GitHub issue, explored a codebase, fixed…

06Jan

American Airlines to offer free in-flight Wi-Fi for loyalty members with AT&T partnership

American Airlines said on Tuesday it would launch free in-flight Wi-Fi in partnership with telecom firm AT&T for customers enrolled in the carrier's loyalty program. Airlines are increasingly competing on…

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