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Nvidia, Microsoft urge US to protect open AI models amid policy debate

Nvidia, Microsoft, Meta and more than 20 other technology companies are urging U.S. policymakers not to broadly restrict open-weight artificial intelligence (AI) models, saying the technology is critical to maintaining America’s leadership in the global AI race. In a joint letter released Friday, the companies argued that open AI models…

Paramount Skydance agrees to freeze its WBD mega-merger while the antitrust cases are decided

Paramount Skydance has agreed to pause its mega-merger with Warner Bros. Discovery until five days after the antitrust cases are ruled on, or until June 1, 2027, whichever comes sooner, the company said on Friday.Paramount is facing an antitrust lawsuit from 12 US states and a legal challenge from the Writers Guild of America.This decision means Paramount will almost certainly head to court to defend its deal to acquire WBD, unless settlements are reached. That…

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Albertsons cuts outlook as ‘cautious consumer’ pressures grocery sales

Albertsons lowered its fiscal 2026 sales and earnings outlook Thursday after weaker grocery demand and a more cautious consumer weighed on its first-quarter performance. The grocery chain now expects identical sales to decline between 0.5% and 1.5% for the full fiscal year, compared with its previous forecast of flat sales…

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