DUBAI (Reuters) - Elon Musk said on Thursday his AI chatbot, and ChatGPT challenger, Grok 3, is in the final stages of development and will be released in about a week or two. Grok 3 has very powerful reasoning capabilities, so in the tests that we've done thus far, Grok 3 is outperforming anything that's been released, that we're aware...

By James Van Straten (All times ET unless indicated otherwise) After Wednesday’s unexpectedly high consumer price inflation (CPI) figures, all eyes now turn to the produce price report due at 8:30 a.m. Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from 0.2%. Core PPI, which strips out volatile food...

WASHINGTON (Reuters) -NASA's acting administrator Janet Petro said on Wednesday that Elon Musk's government efficiency panel planned to examine the space agency's spending, and noted hundreds of agency employees had accepted a government buyout proposal. We are going to have DOGE come. They're going to look - similarly (to) what they've done in other agencies - at our payments and...

WASHINGTON (Reuters) - U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest rates before the second half of the year. The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the...