Reuters

By Krystal Hu

(Reuters) - Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence startups, the latest example of cloud providers trying to capture AI clients from nascent stages.

The credits will provide early-stage generative AI startups free access to computing power, a variety of AI models, and infrastructure, if they build their companies on AWS.

Amazon says... (continue reading...)

By Michelle Price and Chris Prentice

WASHINGTON/NEW YORK (Reuters) - The U.S. Supreme Court is due to rule in coming days on whether to curtail the Securities and Exchange Commission's use of in-house judges to adjudicate enforcement actions, with potentially big implications for other agencies.

The court last year decided to take up the Biden administration's appeal of a lower court's ruling that deemed the SEC's in-house tribunal... (continue reading...)

By Gram Slattery

WASHINGTON (Reuters) - U.S. Republican presidential candidate Donald Trump and key advisers to Democratic President Joe Biden will lay out their dramatically divergent economic views in a series of conversations with America's top business leaders on Thursday.

Trump is due to speak to the Business Roundtable at the group's headquarters in Washington, D.C., at approximately 11 a.m. local time (1500 GMT), according to two... (continue reading...)

(Reuters) - The U.S. Federal Reserve may have just ducked out of the presidential campaign spotlight with a fresh set of forecasts showing no interest rate cuts are likely until after Election Day.

Central bank policymakers on Wednesday kept their benchmark interest rate unchanged at 5.25%-to-5.50%, where it has been since last July.

They also issued projections showing greater hesitance than before about starting reductions in high... (continue reading...)

ATHENS (Reuters) - Greece shut more ancient tourist sites in Athens on Thursday and elderly people took refuge at designated air-conditioned spots as the first heatwave of the summer persisted for a third day.

The famous Acropolis, set on a rocky hill overlooking the capital, and other nearby tourist attractions were closed on Thursday afternoon as winds from North Africa pushed temperatures towards 43 degrees Celsius (109 degrees Fahrenheit).