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New AI benchmark tests speed of responses to user queries

New AI benchmark tests speed of responses to user queries By Max A. Cherney SAN FRANCISCO, March 27 (Reuters) - Artificial intelligence benchmarking group MLCommons on Wednesday released a fresh set of tests and results that rate the speed at which top-of-the-line hardware can run AI applications and respond to users. The two new benchmarks added by MLCommons measure the speed at which the AI chips and systems can generate responses from the powerful AI models packed with data.
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China's President Xi meets US executives in Beijing as investment wanes

UPDATE 5-China's President Xi meets US executives in Beijing as investment wanes Xi met with U.S. executives in Beijing Meeting lasted around 90 minutes, source says China will not collapse or peak now, Xi Meeting follows November dinner in San Francisco Adds USCBC comment in paragraph 8 By Joe Cash BEIJING, March 27 (Reuters) - China's President Xi Jinping met American business leaders at the Great Hall of the People in Beijing on Wednesday, as the government tries to woo back foreign investors
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How to get the best new boss for Boeing? Ask GE

RPT-BREAKINGVIEWS-How to get the best new boss for Boeing? Ask GE The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add links. By John Foley NEW YORK, March 25 (Reuters Breakingviews) - What could be a tougher challenge than fixing up Boeing BA.N ? The flailing aircraft manufacturer’s CEO Dave Calhoun is to leave at the end of this year, having failed to resolve a thicket of safety issues, regulatory probes and customer grievances.
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Behind the plot to break Nvidia's grip on AI by targeting software

EXCLUSIVE-Behind the plot to break Nvidia's grip on AI by targeting software Adds Monday stock move in paragraph 13 By Max A. Cherney SAN FRANCISCO, March 25 (Reuters) - Nvidia NVDA.O earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft MSFT.O , OpenAI and Google parent Alphabet GOOGL.O .
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U.S. STOCKS Super Micro, Micron Technology, Navios Maritime

BUZZ-U.S. STOCKS ON THE MOVE-Super Micro, Micron Technology, Navios Maritime Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes eased at the start of the holiday-shortened week on Monday as investors looked forward to key inflation data later this week, while advancing chip stocks kept losses on the tech-heavy Nasdaq in check.
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How to get the best new boss for Boeing? Ask GE

BREAKINGVIEWS-How to get the best new boss for Boeing? Ask GE The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add links. By John Foley NEW YORK, March 25 (Reuters Breakingviews) - What could be a tougher challenge than fixing up Boeing BA.N ? The flailing aircraft manufacturer’s CEO Dave Calhoun is to leave at the end of this year, having failed to resolve a thicket of safety issues, regulatory probes and customer grievances.
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U.S. STOCKS Landos Biopharma, Foot Locker, US energy sector

BUZZ-U.S. STOCKS ON THE MOVE-Landos Biopharma, Foot Locker, US energy sector Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes kicked off the holiday-shortened week lower on Monday as investors looked ahead to commentary from Federal Reserve officials and key inflation data, while Boeing gained after the planemaker said its CEO would be stepping down.
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Nvidia rises for the sixth straight session

BUZZ-Nvidia rises for the sixth straight session Updates ** Shares of Nvidia NVDA.O up nearly 2% at $963.1, rising for the sixth session in a row ** Stock on track to notch a record closing high, if gains hold ** NVDA logged 12 straight weeks of gains on Friday, its longest streak ** Stock opened slightly lower on Monday after a Reuters report that
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Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis

UPDATE 10-Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis Calhoun to leave at end-2024, says decision was his Former Qualcomm CEO to chair board, find next CEO U.S. airline CEOs sought meetings with Boeing directors Ryanair, other customers praise shakeup Boeing shares close up 1.4% Updates shares to close of trading, adds statement from machinists' union in paragraphs 19-21 By David Shepardson and Allison Lampert March 25 (Reuters) - Boeing BA.N CEO Dave Calhoun will step dow
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Nvidia down after report Google, Intel, Qualcomm plan to battle chipmaker's AI dominance

BUZZ-Nvidia down after report Google, Intel, Qualcomm plan to battle chipmaker's AI dominance ** Shares of Nvidia NVDA.O drop as much as 1.4% to $932.3 premarket after Reuters reports that a coalition of tech companies plan to battle the chipmaker 's AI dominance ** NVDA's shares last down 0.3% ** The coalition that includes Qualcomm QCOM.O , Alpha
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Behind the plot to break Nvidia’s grip on AI by targeting software

CORRECTED-EXCLUSIVE-Behind the plot to break Nvidia’s grip on AI by targeting software In paragraph 6, corrects the spelling of Google executive's surname to "Magro" from "Hugo" By Max A. Cherney SAN FRANCISCO, March 25 (Reuters) - Nvidia NVDA.O earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft MSFT.O , OpenAI and Google parent Alphabet GOOGL.O .
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China woos foreign investors in meetings with Apple CEO, global executives

UPDATE 2-China woos foreign investors in meetings with Apple CEO, global executives Adds more details from ministry statements SHANGHAI, March 23 (Reuters) - Chinese Commerce Minister Wang Wentao has met top executives of global companies including Apple Inc and SK Hynix Inc ahead of a major business conference as Beijing woos foreign investors amid geopolitical and trade tensions.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Maersk ,International Holding Company, Belgian insurer Ageas SA and Qualcomm March 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 000 GMT on Friday: ** Qualcomm QCOM.O on Friday said it has terminated its bid to acquire Autotalks, an Israeli firm that makes communications chips to help prevent car crashes.
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Qualcomm ends bid to buy Israel's Autotalks after antitrust probe

Qualcomm ends bid to buy Israel's Autotalks after antitrust probe March 22 (Reuters) - Qualcomm QCOM.O on Friday said it has terminated its bid to acquire Autotalks, an Israeli firm that makes communications chips to help prevent car crashes. Qualcomm, which is best known for its mobile phone chips but has built an extensive automotive chip business, had said it would acquire the firm last year.
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Illumina gains as EU court adviser backs appeal against Grail-deal review

BUZZ-Illumina gains as EU court adviser backs appeal against Grail-deal review ** Shares of U.S. life sciences firm Illumina ILMN.O up 6.4% at $141.75 ** Co wins the backing of an adviser to Europe's top court who said EU antitrust regulators do not have the power to scrutinise its $7.1 billion bid for Grail GRAL.O nor block it ** European Commission in 2021 asserted a rarely used power called Article 22 to assess the Illumina-Grail deal even though it was below the EU merger revenue threshold *
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Micron set for record high after AI demand steers strong forecast, surprise profit

Micron set for record high after AI demand steers strong forecast, surprise profit March 21 (Reuters) - Micron Technology's MU.O shares surged 15.7% in premarket trading on Thursday after the company posted a surprise profit and forecast current-quarter revenue above Wall Street estimates on soaring demand for its memory chips used in AI computing.
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EU merger powers may be curbed after court adviser backs Illumina fight

UPDATE 2-EU merger powers may be curbed after court adviser backs Illumina fight Decision could influence other assessments Adviser's opinion in most cases supported by judges Illumina welcomes the decision Adds Illumina comment, paragraphs 10-11, context, paragraph 2 By Foo Yun Chee BRUSSELS, March 21 (Reuters) - EU antitrust regulators suffered a blow on Thursday as an adviser to Europe's top court said they exceeded their powers when they blocked U.S.
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European patent applications hit record high in 2023

REFILE-European patent applications hit record high in 2023 Fixes abbreviation (EPO not EPA) in first and fifth paragraph March 19 (Reuters) - The European Patent Office (EPO) received a record number of patent applications last year, with the biggest share of fillings coming from the United States, Germany, Japan and China, the office's register showed on Tuesday.
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Recent rally in S&P 500 not yet as overdone as 2000 tech bubble, post-pandemic highs

LIVE MARKETS-Recent rally in S&P 500 not yet as overdone as 2000 tech bubble, post-pandemic highs Main U.S. indexes green: Nasdaq out front, up ~1% All major S&P 500 sectors gain; Comm Svcs leads Dollar, gold edge up; crude up ~2%; bitcoin down ~1% U.S. 10-Year Treasury yield rises to ~4.34% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Luxembourg brewery deal needs EU antitrust approval, regulator says

Luxembourg brewery deal needs EU antitrust approval, regulator says By Foo Yun Chee BRUSSELS, March 15 (Reuters) - Luxembourg's largest brewery Brasserie Nationale must seek EU approval to acquire Luxembourg wholesale drinks distributor Boissons Heintz following a request from that country's competition agency, EU antitrust regulators said on Friday.
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