Musk’s xAI raises around $6 billion in equity financing
(Reuters) -Elon Musk’s artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity financing as…
Lilly invests $3 billion to expand Wisconsin plant as obesity drug demand soars
By Patrick Wingrove (Reuters) – Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant…
OpenAI launches $200 ChatGPT subscription for research use
(Reuters) – OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can…
GameStop shares jump as cryptic ‘Roaring Kitty’ post sparks retail interest
(Reuters) – GameStop’s shares jumped on Thursday after a cryptic post from meme stock influencer Keith Gill, who shot to…
Defense firm Anduril partners with OpenAI to use AI in national security missions
By Mike Stone and Aishwarya Jain (Reuters) – Defense technology company Anduril Industries and ChatGPT-maker OpenAI on Wednesday announced a…
Chipotle Mexican Grill lifts menu prices as input costs rise
(Reuters) – Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain…
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BlackRock Investment Institute goes further ‘overweight’ on U.S. equities
(Reuters) – The BlackRock Investment Institute (BII) said on Wednesday that it had gone further “overweight” on U.S. equities as…
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Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as…
TPG explores $1.5 billion-plus sale of gym chain Crunch Fitness, sources say
By Abigail Summerville NEW YORK (Reuters) – Buyout firm TPG is weighing a potential sale of Crunch Fitness that could…
Meta seeks nuclear power developers for reactors to start in early 2030s
WASHINGTON (Reuters) – Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial…