Reuters US Business

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration told lawmakers it is not considering replacing the telecommunication contracts it holds with L3Harris and Verizon Communications with the services of the Starlink unit of Elon Musk’s SpaceX.  “The FAA is not aware of any effort by SpaceX to assume the (telecommunications) contracts. Nor has FAA …

US FAA not considering replacing L3Harris, Verizon contracts with Musk’s Starlink Read More »

(Reuters) -OpenAI is planning to take a cut from online product sales made through ChatGPT by integrating a payment checkout system into the chatbot, the Financial Times reported on Wednesday, citing multiple people familiar with the proposals. Merchants that fulfill orders through the payment system will pay a commission to OpenAI, the report said. The …

OpenAI working on payment checkout system within ChatGPT, FT reports Read More »

LONDON/NEW YORK (Reuters -The dollar briefly tumbled on Wednesday and Treasury bond yields popped higher on reports citing an unidentified White House official that U.S. President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon, before Trump said he is not planning to do so. Stocks also pared the mild losses that …

Instant View: Markets gyrate on brief scare that Trump will fire Fed’s Powell Read More »

By Stephen Nellis SAN FRANCISCO (Reuters) -Microsoft and a U.S. national laboratory on Wednesday said they are partnering to examine how artificial intelligence could be used to speed up the process of compiling the documents needed to secure permits for new nuclear power plants. Microsoft and the Idaho National Laboratory (INL) said they will tap …

Microsoft, US national lab tap AI to speed up nuclear power permitting process Read More »

(Reuters) -Elon Musk’s xAI is in discussions to lease data center capacity in Saudi Arabia, Bloomberg News reported on Wednesday, citing people familiar with the matter. The startup is in discussion with two potential partners: Humain, a Saudi-backed AI company offering xAI several gigawatts of capacity, and another company building a smaller but more immediately …

XAI in talks to lease data center capacity in Saudi Arabia, Bloomberg News reports Read More »