Tag: Business
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Super Micro Computer plans to raise $7 billion in equity offerings
June 9 : Super Micro Computer on Tuesday said it plans to raise $7 billion in a series of equity and equity-linked financing transactions as part of its plan to fund the purchase of components to satisfy AI orders.
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GM eyes new battery chemistry to grow AI data center, energy storage business
GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries.
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The Dip Business Podcast
If you think the economy is boring you’ve been listening to the wrong show. In our weekly podcast The Dip, we’ll help you to connect the dots. Find DW’s The Dip wherever you get your podcasts.
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Equities lose steam while oil slips amid uncertain Middle East outlook
NEW YORK/LONDON, June 9 : MSCI’s global equities gauge lost ground on Tuesday as heavyweight U.S. technology stocks stumbled and investors opted for safer bets, while oil prices fell as updates from the Middle East brought little clarity on progress towards peace.On Monday, Iran and Israel had boosted hopes t
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Paris court convicts Worldpay in €35 million Forex fraud scheme
PARIS, June 9 : The Paris Criminal Court convicted global payments company Worldpay in a trading scam case on Tuesday, fining it €200,000 ($230,920), French media reported.The case centered on fraudulent online foreign exchange investment schemes between 2011 and 2014, in which savers were lured with promi
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Anthropic rolls out public version of Mythos without cybersecurity capability
June 9 : Anthropic is rolling out a public version of its Mythos AI model, but with guardrails barring its use in risky areas such as cybersecurity, after a preview earlier this year sent shockwaves globally with its ability to find software flaws.The new Claude Fable 5 is the most powerful model Anthropic ha
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AI is boosting accuracy for clinicians, Philips North America CEO says
NEW YORK, June 9 : Artificial intelligence is helping improve accuracy in patient care and in some cases saving time and money, according to a survey sponsored by Philips, which provides diagnostic, imaging, and cloud technology to the healthcare industry, the CEO of its North American division said. The tech
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As LIV Golf faces a Saudi funding cliff, CEO says to take PIF ‘at their word’
PIF is set to stop funding the golf league after the 2026 season, though O’Neil could not guarantee that the final four tournaments will take place.
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SpaceX IPO explained: The price is set, but retail allocation still up in the air
Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley’s E-Trade are among the brokerage platforms making SpaceX shares available.
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Dollar eases on fragile Israel-Iran truce; US inflation data in view
NEW YORK, June 9 : The dollar fell against major peers on Tuesday as a fragile ceasefire between Israel and Iran held and investors looked ahead to key U.S. data later in the week.The greenback tends to weaken against the euro and yen when tensions in the Middle East ease, as prospects for a peace…
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