Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake
April 15 (Reuters) - Trading firm Jane Street has committed about $6 billion for CoreWeave's cloud services, marking the third multi-billion-dollar deal for the Nvidia-backed neocloud company in a week and underscoring surging demand for computing capacity as AI use rises.
Trump backs government AI safeguards in banking system, acknowledges risks
WASHINGTON, April 15 (Reuters) - U.S. President Donald Trump acknowledged the risks artificial intelligence posed to the banking system and said there should be government safeguards, but also believed the technology could make the banking system better and safer, according to an interview broadcast on Wednesday.
Robots, drones could slash global food delivery costs to $1 per order, Barclays says
April 15 (Reuters) - Autonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions of dollars in profits for the global food delivery industry, Barclays said on Wednesday.
Leidos, Analogic to form security tech joint venture
April 15 (Reuters) - Defense contractor Leidos Holdings will spin off its security and industrial automation businesses and combine them with security imaging and detection company Analogic Corporation to form a new joint venture, the companies said on Wednesday.
Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency
April 15 (Reuters) - Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ramp up AI adoption to streamline operations and shift toward leaner teams.
AI ruling prompts warnings from US lawyers: Your chats could be used against you
April 15 (Reuters) - As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability is on the line.
Netflix to refocus on ads, content after failed Warner Bros bid
April 15 (Reuters) - Investors will look for Netflix to emphasize content spending and ad business growth as key drivers when it reports quarterly earnings on Thursday, marking the streaming giant's first results since its failed bid for Warner Bros Discovery.
EU age verification app ready as Europe moves to curb children's social media access
BRUSSELS, April 15 (Reuters) - The EU's age verification app for online platforms is ready and will soon be available to use, European Commission President Ursula von der Leyen said on Wednesday, as member states push ahead with plans to limit children's access to social media.
Uber commits $10 billion to robotaxis in strategy shift, FT says
April 15 (Reuters) - Uber has committed more than $10 billion to buying thousands of autonomous vehicles and taking stakes in their developers, breaking from its asset-light "gig economy" business model to avoid disruption from robotaxis, the Financial Times reported on Wednesday.
Personal income tax deadline is May 15; here's how to file tax returns online with LHDN
A quick guide on online e-filing income tax with LHDN for first-timers and those in need of a refresher.
