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Saudi Arabia buys 621,000 metric tons of wheat in tender, GFSA says
Saudi Arabia buys 621,000 metric tons of wheat in tender, GFSA says

Zawya

time19-05-2025

  • Business
  • Zawya

Saudi Arabia buys 621,000 metric tons of wheat in tender, GFSA says

DUBAI - Saudi Arabia bought 621,000 metric tons of wheat in a tender for arrival in August to October, the kingdom's main state wheat buying agency the General Food Security Authority (GFSA) said on Monday. The purchase involved hard wheat with 12.5% protein content. Origins offered were the European Union, Black Sea region, North America, South America and Australia with the sellers having the option of selecting the origin supplied, GFSA governor Ahmad Al-Fares said in a statement. Traders said they expected the wheat in the purchase to be mainly sourced from the Black Sea region including Russia, Romania and Bulgaria. The purchase was smaller than the 655,000 tons sought in the tender. Traders said the agency had recently also been seeking wheat sourced from Saudi investments abroad in farmland and trading companies following similar purchases last year. The GFSA said the following purchases were made all in dollars a ton cost and freight (C&F) included with the trading houses making sales and the port and arrival period in Saudi Arabia: Jeddah Sea Port (C&F): - 60,000 tons from Louis Dreyfus at $251.99 C&F (August 15 - 31) - 60,000 tons from AST Group (Grain Star) at $252.00 C&F (August 15 - 31) - 60,000 tons from Solaris at $252.27 C&F (September 1 - 15) Yanbu Sea Port (C&F): - 65,000 tons from Viterra at $247.69 C&F (August 15 - 31) - 65,000 tons from Agricost at $251.98 C&F (August 15 - 31) - 65,000 tons from Viterra at $248.73 C&F (September 1 - 15) - 65,000 tons from Viterra at $249.94 C&F (September 15 - 30) - 65,000 tons from Viterra at $252.42 C&F (October 1 - 15) Dammam Sea Port (C&F): - 58,000 tons from Louis Dreyfus at $254.79 C&F (August 15 - 31) - 58,000 tons from Louis Dreyfus at $256.29 C&F (September 15 - 30 ) In its last reported wheat tender on February 17, the GFSA purchased about 920,000 tons at an average price of $276.37 a ton C&F. (Reporting by Nayera Abdallah and Michael Hogan in Hamburg, Editing by Louise Heavens)

France's Le Monde enters into content partnership with AI startup Perplexity
France's Le Monde enters into content partnership with AI startup Perplexity

Indian Express

time14-05-2025

  • Business
  • Indian Express

France's Le Monde enters into content partnership with AI startup Perplexity

French newspaper Le Monde entered into a content partnership with U.S.-based artificial intelligence company Perplexity on Wednesday, as AI startups compete for deals with news publications to improve the responses of their products amid intensifying competition. The deal grants Perplexity access to Le Monde's content to enhance its search engine's responses, while the newspaper will use the Nvidia-backed startup's technology to develop new AI products. This partnership will also support publishers whose content is featured in Perplexity's generated answers. 'At Le Monde, we have continued to explore new partnerships with leading AI players to enlarge our audience, expand our development capacities, and to build new sources of revenues,' said Louis Dreyfus, Le Monde's CEO. Perplexity has already secured agreements with over a dozen media partners, including the Los Angeles Times and the Independent, as part of a program that shares a portion of ad revenue with the publishers. Meanwhile, AI firms have faced lawsuits from media groups and news publishers, who accuse them of unlawfully using content and articles without permission to train AI models.

France's Le Monde enters into content partnership with AI startup Perplexity
France's Le Monde enters into content partnership with AI startup Perplexity

Economic Times

time14-05-2025

  • Business
  • Economic Times

France's Le Monde enters into content partnership with AI startup Perplexity

French newspaper Le Monde entered into a content partnership with US-based artificial intelligence company Perplexity on Wednesday, as AI startups compete for deals with news publications to improve the responses of their products amid intensifying competition. The deal grants Perplexity access to Le Monde's content to enhance its search engine's responses, while the newspaper will use the Nvidia-backed startup's technology to develop new AI products. This partnership will also support publishers whose content is featured in Perplexity's generated answers. "At Le Monde, we have continued to explore new partnerships with leading AI players to enlarge our audience, expand our development capacities, and to build new sources of revenues," said Louis Dreyfus, Le Monde's CEO. Perplexity has already secured agreements with over a dozen media partners, including the Los Angeles Times and the Independent, as part of a program that shares a portion of ad revenue with the publishers. Meanwhile, AI firms have faced lawsuits from media groups and news publishers, who accuse them of unlawfully using content and articles without permission to train AI models.

France's Le Monde enters into content partnership with AI startup Perplexity
France's Le Monde enters into content partnership with AI startup Perplexity

Time of India

time14-05-2025

  • Business
  • Time of India

France's Le Monde enters into content partnership with AI startup Perplexity

French newspaper Le Monde entered into a content partnership with US-based artificial intelligence company Perplexity on Wednesday, as AI startups compete for deals with news publications to improve the responses of their products amid intensifying competition. The deal grants Perplexity access to Le Monde's content to enhance its search engine's responses, while the newspaper will use the Nvidia-backed startup's technology to develop new AI products. This partnership will also support publishers whose content is featured in Perplexity's generated answers. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This might be relevant for you Undo "At Le Monde, we have continued to explore new partnerships with leading AI players to enlarge our audience, expand our development capacities, and to build new sources of revenues," said Louis Dreyfus, Le Monde's CEO. Perplexity has already secured agreements with over a dozen media partners, including the Los Angeles Times and the Independent, as part of a program that shares a portion of ad revenue with the publishers. Live Events Meanwhile, AI firms have faced lawsuits from media groups and news publishers, who accuse them of unlawfully using content and articles without permission to train AI models. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories

France's Le Monde enters into content partnership with AI startup Perplexity
France's Le Monde enters into content partnership with AI startup Perplexity

Reuters

time14-05-2025

  • Business
  • Reuters

France's Le Monde enters into content partnership with AI startup Perplexity

May 14 (Reuters) - French newspaper Le Monde entered into a content partnership with U.S.-based artificial intelligence company Perplexity on Wednesday, as AI startups compete for deals with news publications to improve the responses of their products amid intensifying competition. The deal grants Perplexity access to Le Monde's content to enhance its search engine's responses, while the newspaper will use the Nvidia-backed (NVDA.O), opens new tab startup's technology to develop new AI products. This partnership will also support publishers whose content is featured in Perplexity's generated answers. "At Le Monde, we have continued to explore new partnerships with leading AI players to enlarge our audience, expand our development capacities, and to build new sources of revenues," said Louis Dreyfus, Le Monde's CEO. Perplexity has already secured agreements with over a dozen media partners, including the Los Angeles Times and the Independent, as part of a program that shares a portion of ad revenue with the publishers. Meanwhile, AI firms have faced lawsuits from media groups and news publishers, who accuse them of unlawfully using content and articles without permission to train AI models.

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