Business, General Abu Dhabi’s ADNOC to acquire German chemicals firm Covestro for $16.4 billion October 1, 2024 Abu Dhabi’s state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
Starlink rival Eutelsat pops 14% as France backs capital raise French President Emmanuel Macron said strengthening Eutelsat’s position was “ensuring its strategic independence and paving the way for Europe’s.”
Tencent Hunyuan Releases HPC-Ops: A High Performance LLM Inference Operator Library Tencent Hunyuan has open sourced HPC-Ops, a production grade operator library for large language model inference architecture devices. HPC-Ops focuses…
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.