Canadian AI startup Cohere, last valued at $5.5 billion, will focus on building tailored models for enterprise users over larger foundation models, the company told Reuters. The evolvement of its strategy, laid out in a company letter to its investors on Thursday, comes as many companies are still trying to figure out how to incorporate large language models into their...

BERLIN, Dec 5 (Reuters) - Volkswagen's CFO said on Thursday the company's labour force would need to shrink if its factories did not become more efficient and that the group's dividends would fall in line with earnings. Today, our German plants are not competitive. Without improving their efficiency and performance, we cannot maintain current employment levels, Arno Antlitz said at...

09:16 AM EST, 12/05/2024 (MT Newswires) -- Ballard Power Systems ( BLDP ) was at last look up 2.7% in US premarket trade as it signed Thursday a new Long Term Supply Agreement with Canadian Pacific Kansas City , including the initial supply of 98 fuel cell engines for use in the North American freight rail market. No financial details...

09:14 AM EST, 12/05/2024 (MT Newswires) -- Toast (TOST), the restaurant technology platform, and Uber Technologies ( UBER ) said Thursday they have expanded their partnership, integrating Toast Delivery Services and Uber Direct. With the integration, restaurants in the US can save on delivery fees, enlarge their delivery radius and use the Uber ( UBER ) delivery network to offer...