Hoffman and Suleyman’s AI startup Inflection launches ChatGPT-like chatbot

By Krystal Hu (Reuters) – Inflection AI, the artificial intelligence startup founded by LinkedIn co-founder Reid Hoffman and Google DeepMind co-founder Mustafa Suleyman, has released its first AI chatbot product, the company said on Tuesday. Similar to OpenAI’s viral chatbot ChatGPT, Inflection’s AI chatbot, named Pi, uses generative AI technology to interact with users through …

Hoffman and Suleyman’s AI startup Inflection launches ChatGPT-like chatbot Read More »

Los ingresos de Ford aumentan un 20% gracias a la demanda por todoterrenos y camionetas

(Reuters) -Ford Motor Co reportó el martes un aumento del 20% de los ingresos del primer trimestre, ya que la reducción de las interrupciones en la cadena de suministro le permitió satisfacer mejor la fuerte demanda por sus camionetas y todoterrenos. El fabricante de automóviles reafirmó su previsión de beneficios ajustados para todo el año …

Los ingresos de Ford aumentan un 20% gracias a la demanda por todoterrenos y camionetas Read More »

CEO de Wells Fargo dice que bancos regionales de EEUU son sólidos, pero espera turbulencias

Por Carolina Mandl y Svea Herbst-Bayliss BEVERLY HILLS, EEUU (Reuters) – El sector bancario es “extremadamente fuerte”, dijo el martes el CEO de Wells Fargo & Co, Charlie Scharf, quien sin embargo añadió que espera más volatilidad a medida que los actores del mercado evalúen la salud de las instituciones financieras. “Hablar de los bancos …

CEO de Wells Fargo dice que bancos regionales de EEUU son sólidos, pero espera turbulencias Read More »

Livent boosts forecast on bullish outlook for lithium prices, demand

By Ernest Scheyder (Reuters) -Lithium producer Livent Corp boosted its annual forecast on Tuesday after reporting better-than-expected quarterly profit, a bullish outlook fueled by rising prices and demand for the metal used to make electric vehicle batteries. Shares of the Philadelphia-based company, which has deals to supply the battery metal to General Motors Co, Tesla …

Livent boosts forecast on bullish outlook for lithium prices, demand Read More »

Simon Property revenue beats on strong leasing demand

(Reuters) – Simon Property Group Inc’s first-quarter revenue beat market expectations on Tuesday, benefiting from a strong leasing demand after pandemic-induced store closures. Despite growing fears of a recession in the United States, mall operators are seeing a rise in leasing demand from tenants occupying mall spaces to cater to customers. “Tenant demand is excellent, …

Simon Property revenue beats on strong leasing demand Read More »

Google, Microsoft CEOs called to AI meeting at White House

By Nandita Bose and David Shepardson WASHINGTON (Reuters) -The chief executives of Alphabet Inc’s Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and top administration officials to discuss key artificial intelligence (AI) issues on Thursday, said a White House official. The invitation seen by Reuters to the CEOs noted President Joe …

Google, Microsoft CEOs called to AI meeting at White House Read More »

Prudential Financial profit misses on lower assets under management

(Reuters) -Prudential Financial Inc reported a lower-than-expected quarterly profit on Tuesday, as the life insurer saw a decline in assets under management. The respite in the economy after the markets priced in a milder recession was short-lived as a string of high-profile bank collapses sparked a sector-wide turbulence last month and roiled financial stocks. As …

Prudential Financial profit misses on lower assets under management Read More »

Wells Fargo CEO says regional banks are strong, but expects turmoil

By Carolina Mandl and Svea Herbst-Bayliss BEVERLY HILLS, California (Reuters) – Wells Fargo & Co CEO Charlie Scharf said on Tuesday the banking industry is “extremely strong” but added he expects more volatility as market participants assess the health of financial institutions. “Talking about regional banks as one – it just makes absolutely no sense,” …

Wells Fargo CEO says regional banks are strong, but expects turmoil Read More »

PacWest, Western Alliance shares tumble as US regional bank fears persist

By Niket Nishant and Chibuike Oguh (Reuters) -Shares of U.S. regional banks PacWest Bancorp and Western Alliance Bank plunged on Tuesday as the demise of First Republic Bank triggered investor concerns about the financial health of other mid-sized lenders. JPMorgan Chase agreed on Monday to acquire a majority of First Republic’s assets in a $10.6 …

PacWest, Western Alliance shares tumble as US regional bank fears persist Read More »