Tag: million

Vietnam's FPT to invest $200 million in AI factory using Nvidia chips

 stock analyst  04/23/2024  0 Comments on Vietnam's FPT to invest $200 million in AI factory using Nvidia chips

HANOI (Reuters) – Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia (NASDAQ:NVDA)'s graphics chips and software, the two firms said on Tuesday.

US-based Quanex to buy UK's Tyman in $976 million cash and share deal

 stock analyst  04/22/2024  0 Comments on US-based Quanex to buy UK's Tyman in $976 million cash and share deal

(Reuters) -U.S.-based Quanex (NYSE:NX) Building Products will buy doors and windows supplier Tyman in a cash and share deal that values the British firm at about 788 million pounds ($976 million), the companies said on Monday.

Loss-making Warner Bros Discovery's CEO pay rises to $50 million in 2023

 stock analyst  04/19/2024  0 Comments on Loss-making Warner Bros Discovery's CEO pay rises to $50 million in 2023

(Reuters) – Warner Bros Discovery (NASDAQ:WBD) CEO David Zaslav\’s annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Friday.

Australia fines Macquarie Bank $6.4 million for not preventing unlawful third-party transactions

 stock analyst  04/19/2024  0 Comments on Australia fines Macquarie Bank $6.4 million for not preventing unlawful third-party transactions

(Reuters) – The Federal Court of Australia has fined Macquarie Bank A$10 million ($6.4 million) for its lack of controls to detect and prevent unauthorised fee transactions carried out by third parties on customer accounts, the securities regulator said on Friday.

Walmart-backed Ibotta looks to raise $551 million in upsized US IPO

 stock analyst  04/16/2024  0 Comments on Walmart-backed Ibotta looks to raise $551 million in upsized US IPO

(Reuters) -Ibotta, the digital marketing company backed by Walmart (NYSE:WMT), said on Tuesday it was looking to raise about $551 million in an upsized initial public offering in the United States.

JPMorgan CEO Dimon sells about $33 million shares, completes planned sale

 stock analyst  04/16/2024  0 Comments on JPMorgan CEO Dimon sells about $33 million shares, completes planned sale

(Reuters) – JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing a previously disclosed plan to sell 1 million shares.

Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users

 stock analyst  04/16/2024  0 Comments on Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users

HONG KONG (Reuters) -China\’s Baidu (NASDAQ:BIDU) said on Tuesday its artificial intelligence chatbot “Ernie Bot” has garnered more than 200 million users as it seeks to remain China’s most popular ChatGPT-like chatbot amid increasingly fierce competition.