Month: February 2025

Together AI notches $3.3 billion valuation after General Catalyst-led fundraising

(Reuters) – Nvidia-backed Together AI said on Thursday it has raised $305 million in its latest funding round, which more than doubled the artificial-intelligence startup’s valuation from last year. The round, led by venture capital firm General Catalyst, valued the San Francisco, California-based company at $3.3 billion. Salesforce Ventures, chip giant Nvidia and Coatue also […]

China ETFs draw bullish options bets on AI play and eased tariff fears

By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S.-listed exchange-traded funds focused on China have drawn bullish options flows as the emergence of artificial intelligence startup DeepSeek brightens the outlook for Chinese tech shares, and tariff-related news seemed less threatening than before. Traders have been loading up in recent weeks on bullish options on the […]

FAA says Musk DOGE team will help engineer solutions on airspace reforms

By David Shepardson WASHINGTON (Reuters) -Personnel from Elon Musk’s government downsizing team DOGE will make additional visits to Federal Aviation Administration facilities as they assist in efforts to modernize U.S. national airspace, the acting head of the agency said on Wednesday. Acting FAA Administrator Chris Rocheleau said the DOGE team — which visited the Air […]

Exxon’s fourth floating oil production facility for Guyana departs from Singapore

By Marianna Parraga, Kemol King GEORGETOWN (Reuters) -The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country’s waters, according to a company executive and LSEG vessel tracking data seen on Tuesday.  Once the floating production storage […]

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