-AI-powered cybersecurity firm ReliaQuest said on Monday it has raised more than $500 million in a funding round led by EQT, KKR and FTV Capital, valuing it at $3.4 billion. Investor enthusiasm for artificial intelligence has been strong as businesses race to integrate AI-driven efficiencies into their operations, while rapidly increasing sophisticated cyberattacks have boosted demand for more effective security....

(Reuters) - Miner Freeport-McMoRan lowered its forecast for first-quarter gold sales on Monday, after shipment timing issues in Indonesia led to a deferral of a portion of its quarterly production to future periods. Freeport operates Indonesia's Grasberg, one of the world's largest gold and copper mines, and had been building a smelter in the country as part of an operating...

March 31 (Reuters) - Taiwan's major chipmaker United Microelectronics ( UMC ) and U.S.-based GlobalFoundries ( GFS ) are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday. A combined company would establish a larger U.S.-based firm with a global manufacturing footprint spanning Asia, the United States and Europe. The potential deal...

March 31 (Reuters) - OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its AI tools. Microsoft ( MSFT )-backed OpenAI said it looks to deliver increasingly powerful tools for the 500 million people who use ChatGPT...