business news
Anthropic joins OpenAI in flagging ‘industrial-scale’ distillation campaigns by Chinese AI firms
The Anthropic logo displayed on the stage during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Anthropic on Monday accused three Chinese AI enterprises of engaging in coordinated campaigns to extract information from its model, making it the latest […]
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Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images A week after Meta committed to using millions of Nvidia’s processors to power its AI expansion, the social media company […]
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Stock futures tick higher after big sell-off due to worries over AI disruption, tariffs: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 23, 2026. Brendan Mcdermid | Reuters Stock futures were slightly higher Tuesday after a rough start to the final week of February’s trading. Futures tied to the Dow Jones Industrial Average added 140 points, or 0.3%, boosted […]
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Home Depot beats Wall Street’s expectations, even as sales decline
Home Depot on Tuesday posted a roughly 4% quarterly sales decline, as a sluggish real estate market and selective spending by homeowners continued to weigh on home improvement demand. The company also stuck by the current fiscal year forecast that it shared in December at an investor day. It said it expects full-year total sales […]
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Intel partners with AI chip startup SambaNova after acquisition talks reportedly failed
SambaNova Systems Welcomes Semiconductor Industry Veteran, Lip-Bu Tan, in an Operational Role as Executive Chairman Source: Business Wire In addition to running Intel, Lip-Bu Tan is chairman of artificial intelligence chipmaker SambaNova, which he first invested in eight years ago. Now Intel is pumping money into the startup as it tries to take on industry […]
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Tesla’s Europe problem keeps getting worse. Here’s why
Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images U.S. electric vehicle maker Tesla‘s sales in Europe were down for a 13th consecutive month in January, while its biggest Chinese rival saw another surge. Data published […]
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Democrats counter Trump’s proposal to limit institutional housing investors
Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during a roundtable on housing affordability in Washington, Jan. 7, 2026. Al Drago | Bloomberg | Getty Images Both congressional Democrats and President Donald Trump both want to limit how many homes major corporations can own, […]
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Etihad Airways profits soar nearly 50% as fleet network expansion support strong demand
An attendee at the Dubai Air Show enters an aircraft on Nov. 13, 2017, in Dubai, United Arab Emirates. Natalie Naccache | Bloomberg | Getty Images Etihad Airways reported a near 50% jump in net profit to $698 million last year, the carrier said on Tuesday, as increased capacity supported strong demand across markets and […]
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Four years into the Ukraine war, is Europe ready for its own army?
Europe has struggled to unite to meet the challenges of Russia’s full-scale invasion of Ukraine in the last four years. The threat from Russia, and the growing tensions with the U.S. under President Donald Trump, have fueled suggestions that the answer to Europe’s divisions, redundancies and duplications in its defense efforts is a single European […]
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European markets set for broadly positive open as traders assess tariff landscape
This photograph shows European countries’ flags waving in front of the European Parliament building in Strasbourg, eastern France, on June 6, 2024. (Photo by SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images) Sebastien Bozon | Afp | Getty Images LONDON — European stocks are expected to open flat to higher on Tuesday […]
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