BEIJING (Reuters) - Chinese technology company Alibaba ( BABA ) released on Thursday new open-source artificial intelligence models and text-to-video AI technology, intensifying its efforts to compete in the booming area of generative AI. The open-source models, numbering more than 100, come from Alibaba's ( BABA ) Qwen 2.5 family, its latest foundational large language model released in May. Chinese...

03:31 AM EDT, 09/19/2024 (MT Newswires) -- American Healthcare REIT ( AHR ) said late Wednesday it priced an underwritten public offering of 17.4 million common shares at $23.55 per share. The underwriters have been granted a 30-day option to purchase up to 2.6 million additional shares. Net proceeds will be used to fund the exercise of the company's option...

(Reuters) -New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by double-digit losses in major markets Germany, France and Italy and sliding electric vehicle (EV) sales, auto industry body data showed on Thursday. The data showed the fourth consecutive monthly drop in EV sales, prompting the European Automobile Manufacturers' Association...

DUBAI/LONDON, Sept 19 (Reuters) - The sale of a stake in the Middle East, North Africa and central Asia Starbucks franchise operated by Kuwait's AlShaya Group is on hold, two people with knowledge of the process said. Boycotts and geopolitical unrest in the region continue to impact the franchise, hindering bidders' ability to value the business, and AlShaya is not...