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Microsoft developing AI reasoning models to compete with OpenAI, The Information reports

Microsoft developing AI reasoning models to compete with OpenAI, The Information reports

(Reuters) -Microsoft is developing in-house artificial intelligence reasoning models to compete with OpenAI and may sell them to developers, The Information reported on Friday, citing a person involved in this initiative.The Redmond, Washington-based company, a major backer of OpenAI, has begun testing out models from xAI, Meta (NASDAQ:META) and DeepSeek as potential OpenAI replacements in Copilot ...

2025-03-08 03:32:49
Nissan board to discuss potential CEO successors at March 11 meeting, sources say

Nissan board to discuss potential CEO successors at March 11 meeting, sources say

By Maki Shiraki, Daniel Leussink and Norihiko ShirouzuTOKYO (Reuters) -Directors of Japan’s third-largest automaker Nissan (OTC:NSANY) will discuss potential successors to CEO Makoto Uchida at a meeting on March 11, as his position has become untenable given the worsening performance of the company, three people familiar with the matter said.Candidates being considered include Chief Financial Of ...

2025-03-08 03:30:56
Mizuho TMT analysts say Broadcom is a must-own AI stock

Mizuho TMT analysts say Broadcom is a must-own AI stock

Investing.com -- Mizuho analysts called Broadcom (NASDAQ:AVGO) a "must-own" AI stock in a note Friday, citing its strong earnings beat, growing AI revenue, and leadership in key semiconductor areas. The analysts believe Broadcom’s latest earnings report and guidance make it the standout among AI semiconductor stocks, particularly compared to peers like Nvidia (NASDAQ:NVDA) and Marvell ...

2025-03-08 03:29:40
MercadoLibre plans $3.4 billion Mexico investment in 2025

MercadoLibre plans $3.4 billion Mexico investment in 2025

MEXICO CITY (Reuters) -Latin American e-commerce giant MercadoLibre (NASDAQ:MELI) will invest $3.4 billion in Mexico this year, focusing on its tech product and financial services, an executive from the firm said on Friday."This figure represents a 38% increase compared to our investment last year," said David Geisen, the firm’s Mexico head, at a press conference alongside Mexican President Cl ...

2025-03-08 03:28:05