By Tim Reid WASHINGTON (Reuters) – U.S. President Donald Trump has signed a blizzard of executive orders and taken other actions since his inauguration on Jan. 20 to remake and reduce the size of America’s 2.2 million-strong federal workforce. Trump’s moves include offering buyouts to most government workers, dismissing or reassigning hundreds of officials, removing […]
Blackstone holds firm on data center investments despite DeepSeek turmoil
By Niket Nishant and Manya Saini (Reuters) – Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China’s DeepSeek, as the need for physical infrastructure was still vital for AI. The alternative asset manager, which has $80 billion worth of leased data centers, […]
Boeing replaces chief of its Starliner spacecraft unit
By Joey Roulette ORLANDO, Florida (Reuters) -The vice president leading Boeing’s Starliner spacecraft unit, Mark Nappi, has left the troubled program and was replaced by the company’s International Space Station program manager, John Mulholland, a Boeing spokesperson told Reuters on Thursday. Nappi, who led Boeing’s Starliner program through major engineering issues since 2022, is in […]
OpenAI in talks for investment round valuing it up to $340 billion, WSJ reports
(Reuters) -OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday. OpenAI did not immediately respond to a Reuters request for comment on the report. SoftBank could invest $15 billion to $25 billion directly […]