Automaker Stellantis and French AI firm Mistral AI are expanding their partnership to promote AI adoption across the company’s operations. The two companies have been collaborating for 18 months on pilot programs and will launch new platforms, Innovation Lab and Transformation Academy, to improve customer service and increase business efficiency. Stellantis aims to use AI … Read more
Meta is buying chip startup Rivos Inc. as part of its growing ambition in chip development and AI infrastructure. This acquisition may help the company compete with Nvidia, which is also expanding its presence in AI technology. The deal is a significant boost for Meta’s in-house chip development efforts, which have been bolstered by billions … Read more
Despite his notoriety, financier Jeffrey Epstein was allowed to maintain accounts and conduct large transactions with top hedge funds, new documents reveal. This contradicts previous claims that he was excluded from exclusive Wall Street networks due to his illicit activities. Source: https://www.wsj.com/finance/jeffrey-epstein-wealth-89bf772f
Corteva Agriscience is splitting its seed and crop protection businesses into two independent companies, SpinCo and New Corteva. Johnston could become the global headquarters of a leading seed giant again if SpinCo decides to establish its headquarters there. Paul Schickler, who oversaw seed operations at DuPont Pioneer before joining Corteva, says it would be logical … Read more
Investopedia is one of the most popular online financial education websites. If you’re trying to access their platform, you may be prompted with a security warning that asks you to verify your connection. This step is necessary to ensure that you’re using a secure internet connection. The warning message typically appears as a pop-up or … Read more
Corteva, a leading agrichemicals firm, plans to separate its seed and pesticide businesses into two distinct companies, allowing each to make independent decisions on investments and growth strategies. This move is aimed at sharpening its focus and capital allocation. The company expects dis-synergies of $80-100 million but analysts believe it won’t affect valuation. Corteva’s shares … Read more
Stellantis shares rose sharply after the company announced an expanded partnership with French tech firm Mistral AI. The two companies have been collaborating for 18 months and are now launching two new platforms to develop AI solutions and improve customer service. The platforms, Innovation Lab and Transformation Academy, will focus on AI integration in sales, … Read more
Astronomers have discovered something remarkable – black holes hiding inside giant stars that shine like luminous dots. If confirmed, this could change our understanding of the universe’s earliest monsters. In 2022, the James Webb Telescope spotted these mysterious “little red dots” for the first time. Now, one of them, nicknamed The Cliff, is rewriting textbooks … Read more
The US government is planning to fire thousands of federal workers as part of a shutdown, according to White House Budget Director Russell Vought. Some agencies may terminate employees within 1-2 days. This move could be a hardline tactic by Republicans to pressure Democrats to agree on a budget deal, despite concerns from lawmakers about … Read more
The US administration has threatened to start mass layoffs of federal workers “in a day or two”, according to OMB chief Russ Vought. The move aims to inflict maximum pain on Democrats during the shutdown, with some lawmakers already facing backlash from Republican voters. President Trump and his team have warned that funding for programs … Read more