Science and Tech

Fed's Schmid says finances around AI buildout merit watching 

Fed's Schmid says finances around AI buildout merit watching

Aug 4 (Reuters) - Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday the financial situation involved…

August 5, 2026

SpaceX revenue jumps in debut results as satellite, AI businesses surge

By Akash Sriram, Joey Roulette and Sayantani Ghosh Aug 4 (Reuters) - SpaceX's revenue nearly doubled, the rocket company said…

August 5, 2026

SpaceX revenue jumps in debut results as satellite, AI businesses surge

By Akash Sriram, Joey Roulette and Sayantani Ghosh Aug 4 (Reuters) - SpaceX's revenue nearly doubled, the rocket company said…

August 5, 2026

SpaceX revenue jumps in debut results as satellite, AI businesses surge

By Akash Sriram, Joey Roulette and Sayantani Ghosh Aug 4 (Reuters) - SpaceX's revenue nearly doubled, the rocket company said…

August 5, 2026

Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal

Aug 4 (Reuters) - Privately held U.S. media conglomerate Hearst on Tuesday struck a deal to acquire Disney's 50% stake…

August 5, 2026

Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal

Aug 4 (Reuters) - Privately held U.S. media conglomerate Hearst on Tuesday struck a deal to acquire Disney's 50% stake…

August 5, 2026

Paramount Skydance reports mixed second quarter as Warner deal faces March trial

By Dawn Chmielewski LOS ANGELES, CALIFORNIA, Aug 4 (Reuters) - Paramount Skydance reported mixed second-quarter results on Tuesday, with higher…

August 5, 2026

Trump advisers tell AI firms they will not safety-test open-weight models

By Courtney Rozen WASHINGTON, Aug 4 (Reuters) - The Trump administration told AI developers on Tuesday that it will not…

August 5, 2026

SpaceX's first quarterly results as a public company beat expectations, but AI costs hit stock

NEW YORK, Aug 4 (Reuters) - SpaceX on Tuesday posted its first quarterly results as a public company, highlighting a…

August 5, 2026

AMD forecasts upbeat revenue on strong AI chip demand, but shares fall on lofty expectations

By Anhata Rooprai and Max A. Cherney Aug 4 (Reuters) - AMD forecast quarterly revenue above Wall Street estimates on…

August 5, 2026