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The country has been shut out of global markets since 2017, and it will seek a restructuring as relations with the U.S. thaw.

Investing.com -- Cisco Systems on Wednesday said that it was restructuring its business to focus on growth areas, including AI after it posted record revenue in its third quarter earnings, sending its shares up 11% in extended trading.

The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.

Anthropic is diving further into the legal software market.

.Business Secretary Peter Kyle said the partnership demonstrates that the Government is ‘backing high-growth British scale-ups’.

Amazon is launching 30-minute delivery in cities across the US.

Amazon is launching 30-minute delivery in cities across the US.

OpenAI has formally unveiled OpenAI Deployment Company, a new venture aimed at accelerating corporate AI adoption. The initiative is backed by a mix of asset managers, private equity managers and consultancy firms and comes at a time when pressure from AI disruption is calling for a fundamental rethink of the industry’s traditional playbook. The new JV launches with more than $4 billion in initial capital backed by a consortium of investment and consulting firms, led by TPG. Advent International

Diners have always turned to fast-food chains for wallet-friendly options, but as the affordability crisis continues, value menus have become increasingly important to consumers. Value menus are the top factor diners look for when deciding where to eat, a recent YouGov report found. Some 66% of ...

A new five-year AI cloud agreement with NVIDIA positions IREN to scale beyond infrastructure hosting into managed GPU cloud services for enterprise AI workloads. Key Investor TakeawaysThe $3.

The majority Sony-owned venture will set up production lines in Kumamoto Prefecture, with potential Japanese government backing

Taiwan Semiconductor Manufacturing Co and Sony Semiconductor Solutions said on Friday ‌they plan to form a new joint venture ‌in Japan to develop and manufacture next-generation image sensors. The venture will combine ​Sony’s sensor design expertise with TSMC’s manufacturing and process technology strengths, deepening a long-standing partnership of the two companies. It will be majority-owned by Sony, and will set up development and ‌production lines in ⁠the Japanese company's new fabrication plant in Koshi City in the Kumamoto region.

Target keeps making moves to win back shoppers, and the latest one is especially bold and trend-following, as the retailer expands its social commerce presence. To regain customers’ trust, Target is giving shoppers more power. While the last few years have been challenging for many retailers, ...

Krispy Kreme announced earnings on Thursday, May 7, coinciding with the launch of its newest limited-time offering. It's a pivotal time for the doughnut brand, which saw its stock price free-fall in early 2025 after poor earnings and shifting customer trends. Krispy Kreme operated 235 of its ...

Investor confidence in Shake Shack is, er, shaken. Shares in the burger chain plummeted after the company posted disappointing quarterly sales and earnings, growing beef and development costs and uneven footfall.

(Bloomberg) -- Alphabet Inc.’s Google on Thursday launched the Fitbit Air, a $100 screenless fitness band aimed squarely at taking on Whoop Inc. and other makers of health and fitness wearables that forgo displays. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony

SAN FRANCISCO, May 6 () - Artificial intelligence lab Anthropic on Wednesday touted a new ‌feature for its Claude AI, which it ‌calls "dreaming." Available as a research preview, "dreaming" comes with its software for ​managing agents, or AI programs that perform tasks with little human involvement.

FEATURE Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Shares of Corning, the glassmaker, jumped 15% in premarket trading.

Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO ‌RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in ‌robotaxis designed by Alphabet's Waymo.

Both Anthropic and OpenAI have partnered with asset managers to more aggressively market their enterprise AI products.

OpenAI and rival Anthropic have been racing to convince more businesses to pay for their AI software.

Investing.com -- OpenAI has secured more than $4 billion in capital for a new joint venture designed to accelerate the corporate adoption of its artificial intelligence software. The initiative, named The Deployment Company, drew participation from 19 investors including TPG Inc (NASDAQ:TPG), Brookfield Asset Management Inc (NYSE:BAM), Advent, and Bain Capital Specialty Finance Inc (NYSE:BCSF), according to a report from Bloomberg, citing a person familiar with the matter. The transaction values

(Bloomberg) -- OpenAI has raised more than $4 billion for a new joint venture that will focus on helping businesses adopt its artificial intelligence software, according to a person familiar with the matter. Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Car

Amazon-backed Anthropic (AMZN) is close to setting up a joint venture with Blackstone (BX), Goldman

Hertz stock is moving sharply after expanding its Uber partnership, and elevated short interest could add fuel if momentum holds.

David Marcus worked as the president at fintech giant PayPal (Nasdaq: PYPL) in the early 2010s before moving to Facebook as the vice president of messaging products in 2014. During his tenure at Facebook, he was the co-creator of Diem, a failed cryptocurrency project initiated by the ...

Investing.com -- A significant escalation in hostilities occurred overnight as Russian forces launched a massive aerial bombardment against Ukraine, deploying over 660 drones and missiles.

(Updates with the latest stock movement in the first paragraph and headline.) Momentus Inc (MNTS)

Oct. 13—One small step for man, one giant leap for Solstar Space Co. The Santa Fe-based company on Monday entered into a $15 million partnership with Momentus, a group based in California offering commercial satellite buses and in-space infrastructure services. "This is just a fantastic opportunity for us to test our first commercial product, that's the Deke Space Communicator, on board with ...

Nuburu (BURU) announced the successful execution of the first milestone under the phased acquisition plan for Tekne established following formal notice received from the Italian government under the “Golden Power” framework. Through its new subsidiary, Nuburu Defense, the company secured an initial equity stake equal to the maximum interest permitted under current Golden Power regulatory thresholds and agreed to an action plan that, by utilizing the Luxembourg investment vehicle TCEI, will pave