S&P Futures
5,320.75 +0.50 (+0.01%) Dow Futures
39,992.00 -18.00 (-0.04%) Nasdaq Futures
18,662.75 +12.75 (+0.07%) Russell 2000 Futures
2,103.50 -1.40 (-0.07%) Crude Oil
79.38 +0.15 (+0.19%) Gold
2,385.40 -0.10 (-0.00%)
Technology
BusinessReutersBritish grocer Sainsbury's partners with Microsoft to use AI for data insights
Britain's Sainsbury's said on Friday it has agreed a five-year strategic partnership with Microsoft that will use the technology company's artificial intelligence capabilities and the supermarket group's rich data. Seeking revenue gains and cost savings, more retailers are using generative AI to boost personalised shopping experiences for consumers and make staff working practices more efficient. Sainsbury's, Britain's second-largest grocer after Tesco, said it would use AI to create a more interactive shopping experience for online shoppers, while also improving search functions.
PoliticsBloombergBiden Seeks to Bolster Solar Manufacturers With Tax and Trade Moves
(Bloomberg) -- The Biden administration is initiating a suite of policies it says will help foster a deeper domestic supply chain for solar panels, following pleas from US manufacturers confronting a surge of tariff-free imports. Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’D
BusinessReutersMicrosoft offers cloud customers AMD alternative to Nvidia AI processors
Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at its Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' flagship MI300X AI chips will be sold through its Azure cloud computing service.