Real Estate Transactions for Nov. 23-24
Real Estate Transactions for Nov. 23-24
Business & Tech
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI. This will bring Amazon's total investment in Anthropic – which began last year - to $8 billion. Anthropic said the Seattle-based tech giant ...
UPS to pay $45M to US settle charges that it improperly valued its freight division
UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday. The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted accounting principles in ...
German auto supplier Bosch to cut 5,500 jobs in further sign of carmakers’ woes
FRANKFURT, Germany (AP) — Germany's technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries. The company cited ...
AI could help scale humanitarian responses. But it could also have big downsides
NEW YORK (AP) — As the International Rescue Committee copes with dramatic increases in displaced people in recent years, the refugee aid organization has looked for efficiencies wherever it can — including using artificial intelligence. Since 2015, the IRC has invested in Signpost — a ...
McDonald’s to expand US value menu as fast food chains battle for bargain seekers
McDonald's will expand its U.S. value menu early next year as it continues to try to win back inflation-weary customers. Starting Jan. 7, the burger chain will let customers buy one full-priced item from a limited value menu and get another item on that menu for $1. Items on the menu include ...