PRESS DIGEST -Wall Street Journal - April 7

Reuters04-07
PRESS DIGEST -Wall Street Journal - April 7

April 7 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Anthropic is planning to invest $200 million in a new venture with major private-equity firms that aims to sell AI tools to their portfolio companies, continuing a push for business customers.

- Broadcom AVGO.O will develop and supply custom artificial-intelligence chips for Google GOOGL.O and additional computing capacity to Anthropic in an expansion of the strategic collaboration between the three companies.

- Amazon AMZN.O and the U.S. Postal Service have reached a new package-handling agreement, reducing Amazon's package volume by 20%.

- The Trump administration will raise payments to Medicare insurers by 2.48% next year, a dramatic increase after a preliminary proposal holding the line on payments drew fierce criticism from the industry and torpedoed shares of the largest companies.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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