(Reuters) -Grammarly has raised $1 billion in non-dilutive financing from General Catalyst to expand its artificial intelligence (AI) offerings, aiming to grow into a comprehensive productivity platform, the companies said on Thursday. Grammarly, known for its popular writing assistant tool, plans to use the capital to fund sales and marketing costs and strategic acquisitions. It looks to use AI to...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

(Reuters) -The New York Times ( NYT ) said on Thursday it would license its editorial content to Amazon.com ( AMZN ) for use in the tech giant's artificial-intelligence products, marking the publisher's first licensing deal tied to generative AI. The multi-year agreement allows Amazon ( AMZN ) access to its news articles and content from NYT Cooking and sports...

MILAN, May 29 (Reuters) - The chief executive of Italian utility Edison said on Thursday he was confident of a positive outcome in arbitration involving U.S. liquefied natural gas supplier Venture Global ( VG ), expected by the end of the year. Edison is one of several European energy companies, including Shell, BP and Galp, that have filed arbitration claims...