(Reuters) -Porsche AG said on Thursday that expenses for vehicle development and battery activities in its units will impact the company’s operating profit and automotive net cash flow by up to 800 million euros ($830.80 million) in 2025. The German carmaker said it expects 2025 sales revenue of 39 billion to 40 billion euros and automotive net cash flow margin between 7% and 9% due to the expenditures and market conditions. To strengthen the company’s … Read more…

(Reuters) – Trump Media and Technology Group said on Thursday it has applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. The trademarks include Truth.Fi Bitcoin Plus ETF, Truth.Fi Made in America ETF, and Truth.Fi U.S. Energy Independence ETF. Trump Media and Technology Group (TMTG) is yet to file for all six products with the U.S. Securities and Exchange Commission. TMTG is also looking to launch three separately … Read more…

By Anna Tong, Akash Sriram SAN FRANCISCO (Reuters) -ChatGPT maker OpenAI said on Thursday that it is evaluating U.S. states as potential artificial intelligence data center locations for its massive Stargate venture, framing the project as a matter of urgency for the United States to beat China in the global AI race. “As news emerged about DeepSeek, it makes it clear this is a very real competition and the stakes could not be bigger,” said … Read more…

By Michael S. Derby NEW YORK (Reuters) – The full suite of tariffs sought by the Trump administration would have created notable upward pressure for already high levels of inflation, a report by the Federal Reserve Bank of Boston released on Thursday said.  The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying price pressures by as much as 0.8 percentage point, … Read more…

By Tom Hals and Jack Queen NEW YORK (Reuters) – Elon Musk is testing the limits of legal and ethical restrictions on the role of special advisers in U.S. presidential administrations, according to some legal experts and lawmakers who oppose the billionaire’s mission against what he deems wasteful government spending.   Here is a look at the legal questions arising from Musk’s activities as he seeks to shrink the federal bureaucracy.   WHAT IS MUSK’S ROLE?  The … Read more…

By Greg Bensinger (Reuters) -Amazon is set to release its long-awaited – and delayed – Alexa generative artificial intelligence voice service, said three people familiar with the matter, and has scheduled a press event for later this month to preview it. Once released, it would mark the most significant upgrade to the product since its initial introduction accelerated a wave of digital assistants more than a decade ago. Amazon on Wednesday sent press invites to … Read more…

(Reuters) – Microsoft-backed OpenAI said on Tuesday it will roll out an education-specific version of its chatbot to about 500,000 students and faculty at California State University as it looks to expand its user base in the academic sector and counter competition from rivals like Alphabet . The rollout will cover 23 campuses of the largest public university system in the United States, enabling students to access personalized tutoring and study guides through the chatbot, … Read more…