06:23 AM EDT, 05/28/2024 (MT Newswires) -- CGI (GIB-A.TO, GIB), an IT and business consulting services firm, overnight Monday said that it intends to enter into a private agreement with CDPQ for the purchase for cancellation of 2,887,878 of its Class A subordinate voting shares held by CDPQ for a price of $138.51 per Class A Share, which represents a...

By Shankar Ramakrishnan (Reuters) - Banks and insurers are making more requests to U.S. credit agencies for ratings on their risky loans to private equity funds that are secured against the value of their portfolio investments and cash flows that come from them. So far, the response from the agencies including the top 3 - S&P, Moody's and Fitch -...

May 28 (Reuters) - OpenAI has formed a Safety and Security Committee which will include CEO Sam Altman as it begins training its next artificial intelligence model, the AI startup said on Tuesday. Directors Bret Taylor, Adam D'Angelo and Nicole Seligman, will also be on the committee, OpenAI said on a company blog. The committee will be responsible for making...

06:19 AM EDT, 05/28/2024 (MT Newswires) -- Kiwetinohk Energy ( KWTEF ) overnight Monday unveiled an accelerated upstream capital spending program and changes to its credit facilities. In response to strong liquids commodity prices and success with the 2024 capital and operating program to date, the company raised its forecast for 2024 capital spending to $320-$340 million, up from previous...