Snowflake raises annual product revenue forecast, announces AI deal with Anthropic

(Reuters) -Data cloud and analytics provider Snowflake on Wednesday raised its annual product revenue forecast and announced a multi-year partnership with AI firm Anthropic, sending its shares surging around 15% in extended trading. Snowflake’s data cloud has been seeing strong adoption from enterprises looking to use artificial intelligence-powered services to organize swathes of data. Like […]

Stellantis unveils technology to support flexible EV production, delays Ram electric pickup

By Nora Eckert DETROIT (Reuters) -Stellantis said on Tuesday it will deploy a new vehicle system that will support assembly of gasoline, hybrid and electric models, but in a sign of how turbulent the electric-vehicle transition is, the automaker also delayed production of Ram electric pickup trucks. The Franco-Italian company revealed details about its STLA […]

India restricts WhatsApp sharing data with other Meta entities, imposes $25.4 million fine

(Reuters) -India’s competition watchdog directed WhatsApp to refrain from sharing user data for advertising purposes with other applications owned by Meta for a period of five years and fined the U.S. tech giant $25.4 million on Monday over antitrust violations related to the messaging application’s 2021 privacy policy. The Competition Commission of India (CCI) launched […]

Back To Top