Finance

Atlassian to acquire DX in $1 billion deal

Atlassian to acquire DX in $1 billion deal

(Reuters) -Atlassian said on Thursday it has entered into a definitive agreement to acquire developer intelligence platform DX for about $1 billion in cash and restricted stock, including DX̵...

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Nvidia invests $5 billion in Intel to develop AI infrastructure

Nvidia invests $5 billion in Intel to develop AI infrastructure

Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion (€4.23bn) in Intel and it will collaborate with the struggling semiconductor company on pro...

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Why Catena’s Approach to Freight Data Matters Now

Why Catena’s Approach to Freight Data Matters Now

The freight industry has long struggled with a fundamental problem: messy, fragmented data. Manual check calls, siloed platforms, and limited visibility still define how billions of dollars’ wort...

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Nvidia Bets Big on Intel With $5B Investment

Nvidia Bets Big on Intel With $5B Investment

Zeng Yu / VCG via Getty Images Intel shares are soaring Thursday after Nvidia announced a $5 billion investment in the struggling chipmaker. Nvidia is investing $5 billion in Intel and w...

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China’s DeepSeek says its hit AI model cost just $294,000 to train

China’s DeepSeek says its hit AI model cost just $294,000 to train

By Eduardo Baptista BEIJING (Reuters) -Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S. rivals, in a paper that is likely to...

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Cracker Barrel shares slump as logo change blowback dents restaurant traffic

Cracker Barrel shares slump as logo change blowback dents restaurant traffic

By Juveria Tabassum (Reuters) -Cracker Barrel shares fell nearly 10% before the bell on Thursday, after social media backlash around the restaurant chain’s short-lived decision to change its...

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