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26/10/2025

Oreo-maker Mondelez to use new generative AI tool to slash marketing costs


Snack maker Mondelez (MDLZ.O)  is using a new generative AI tool to cut costs for the production of marketing content by 30% to 50%, a senior executive told Reuters.


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Ferrari aims at AI generation with crypto auction for Le Mans car


Ferrari is tapping into crypto markets and tech-rich youngsters with a planned new digital token that its wealthiest fans will be able to use in an auction for a Ferrari 499P, the endurance car that won three straight Le Mans titles.


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US food banks brace for surge as shutdown threatens benefits


Cynthia Kirkhart, the CEO of Facing Hunger Foodbank in Huntington, West Virginia, has already had to explain to customers this year why the organization is rationing bags of potatoes.


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07/10/2025

AMD signs AI chip-supply deal with OpenAI, shares surge over 34%


AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.​​

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From OpenAI to Meta, firms channel billions into AI infrastructure as demand booms


AMD has agreed to supply artificial intelligence chips to OpenAI in a multi-year deal that would also give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker, the latest in a dozen such investments and partnerships.​

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Bitcoin hits new all-time record high


Bitcoin hit a new record high on Monday as the world's largest cryptocurrency by market value continued to benefit from strong investor demand.

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06/10/2025

Bitcoin hits all-time high above $125,000


Bitcoin, the world's largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7% at $125,245.57 at 0512 GMT.

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Firefly strengthens portfolio with $855 million deal for national security tech firm SciTec


Space tech firm Firefly Aerospace will acquire national security technology company SciTec for about $855 million, the company said on Sunday, just months after its Nasdaq listing, honing its portfolio at a time when U.S. military and civil programs are receiving increased investor interest.

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Foxconn third-quarter revenue hits record, misses market forecast


Taiwan's Foxconn, the world's largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial intelligence products, though it missed the market forecast and offered caution about exchange rates.​​

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04/10/2025

Tharisa plans to spend $547 million on underground platinum mine project


South Africa's Tharisa Plc announced plans on Friday to spend $547 million on an underground platinum group metals mining project over the next decade, betting on the metals being integral to the global shift to cleaner energy technologies.

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