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Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami
FreightWaves5d agoneutral
Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami

UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert. The post Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami appeared first on FreightWaves.

OpenAI vs Anthropic IPOs: Why timing matters for AI investors
Yahoo Finance Video5d agoneutralVIDEO
OpenAI vs Anthropic IPOs: Why timing matters for AI investors

Amanda Agati, PNC Asset Management Group CIO joins Yahoo Finance Executive Editor Brian Sozzi to discuss whether potential IPOs from AI giants Anthropic (ANTH.PVT) and OpenAI (OPAI.PVT) matter for the broader equity market rally.

Bloomberg5d agoneutral
Nvidia Credit Risk Eases After CEO Clarifies $500 Billion Plan

(Bloomberg) -- Bond traders dialed back measures of credit risk associated with Nvidia Corp. on Tuesday after the company said it would limit its exposure in a $500 billion plan to finance the type of artificial-intelligence investments that are driving demand for its computer chips. Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump M

Riot Platforms $9.1B AI deal fuels speculation around Anthropic IPO
Proactive5d agoneutral
Riot Platforms $9.1B AI deal fuels speculation around Anthropic IPO

Riot Platforms Inc (NASDAQ:RIOT) shares rose about 4% on Tuesday after the bitcoin mining company announced a 20-year data center lease with a leading frontier AI lab in a deal valued at approximately $9.1 billion over its initial term. The tenant was not identified by Riot, but the deal has...

Why Open-Weight AI Models Matter and Meta Benefits from Them
The Wall Street Journal5d agoneutral
Why Open-Weight AI Models Matter and Meta Benefits from Them

Open-source software has been one of tech’s biggest-ever success stories. No surprise, then, that developers of open-weight AI models try to borrow some open-source sunshine. Meta Platforms chief Mark Zuckerberg on Monday became the latest tech executive to draw an equivalence between the two, calling open-weight models “open source AI” in a 6,500-word essay posted by the company.

Oil prices higher, stocks flat ahead of inflation report
AFP5d agoneutral
Oil prices higher, stocks flat ahead of inflation report

Oil prices bounced around in choppy trading and stock markets were little changed Tuesday as investors awaited a key inflation report and weighed progress on re-opening the Strait of Hormuz.  "But rising crude oil prices... and further delays in reopening the Strait of Hormuz, have introduced fresh inflation risks."

Investing.com5d agoneutral
Trump lifts TikTok ban on federal devices after ownership transfer

Investing.com -- The Trump administration removed restrictions on TikTok use on federal government devices Monday after determining the social media app no longer presents a national security threat following the transfer of its US operations to American investors.

AI startup Manus to resume independent operations as deal with Meta unwinds
Reuters5d agoneutral
AI startup Manus to resume independent operations as deal with Meta unwinds

AI startup Manus said on Tuesday it will ‌resume operating as an independent company ‌and some user data will be deleted as ​part of its separation from U.S. tech giant Meta. • "As part of our transition back to independent operations and to comply ‌with regulatory requirements ⁠in specific jurisdictions, data generated by certain users on/after December ⁠29, 2025" will be deleted later this month, Manus said in a statement. • ​Affected users ​will be notified ​through the Manus ‌app and by email and will be able to back up their data, the company said.

Rackspace Technology Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Rackspace Technology Q2 Earnings Call Highlights

Rackspace Technology (NASDAQ:RXT) reported second-quarter revenue of $670 million, up 1% from a year earlier, as the company outlined an expanded enterprise AI infrastructure strategy built around managed compute, inference and sovereign AI deployments. Chief Executive Officer Gajen Kandiah said th