Tag: Reuters
Microsoft introduces smaller AI model
(Reuters) – Microsoft (NASDAQ:MSFT) on Tuesday announced a cost-effective, small language artificial intelligence model that can perform tasks such as content creation and create social media posts while using smaller amounts of data.
US sues to block merger of Coach and Michael Kors handbag makers
By Abigail Summerville, Granth Vanaik and Jasper Ward
Tesla shares edge higher ahead of quarterly results
(Reuters) – Shares of Tesla (NASDAQ:TSLA) edged higher on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years.
China's BYD names electric pickup truck BYD Shark
SHANGHAI (Reuters) – Chinese electric vehicle maker BYD (SZ:002594) said on Monday its electric pickup truck will be called BYD…
Macquarie's banking unit to stop new car loans to focus on mortgage growth
(Reuters) – Australian financial conglomerate Macquarie Group (OTC:MQBKY) said on Monday its banking and financial services unit will stop new car loans through direct, broker and novated lease channels in a bid to prioritise growth of home loan and deposit offerings.
Chinese quant funds expand abroad as rules tighten at home
By Samuel Shen and Summer Zhen