Articles from www.reuters.com

Articles from www.reuters.com

Sources: quantum computing startup PsiQuantum is raising at least $750M led by BlackRock at a $6B pre-money valuation (www.reuters.com)
9 days ago Startup Quantum

Massachusetts' top securities regulator probes Robinhood's decision to launch a prediction markets hub, after sending the company a subpoena last week (www.reuters.com)
9 days ago

Sources: The Bot Company, co-founded by ex-Cruise CEO Kyle Vogt to make AI-powered household robots, raised $150M at a $2B valuation, up from $550M in May 2024 (www.reuters.com)
11 days ago AI Robot

Filing: CoreWeave is aiming to raise up to $2.7B in its US IPO at a valuation between $27.4B and $32B, selling 49M shares for $47 to $55; Nvidia owns 5.96% (www.reuters.com)
13 days ago IPO Nvidia

X sues Narendra Modi's government in New Delhi, saying its IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content (www.reuters.com)
13 days ago

Chip design software maker Synopsys unveils AgentEngineer, initially letting engineers give AI agents instructions with plans to expand to helping make chips (www.reuters.com)
13 days ago AI

Baidu denies data breach allegations after a top executive's teenage daughter leaked users' personal info, including phone numbers, following an online argument (www.reuters.com)
13 days ago

A look at unannounced disconnections from the grid by data centers, which can occur when they switch to local generators and may cause cascading grid failures (www.reuters.com)
13 days ago

Luxembourg's administrative court dismissed Amazon's appeal against a record €746M fine imposed by the country's privacy regulator in 2021 for GDPR violations (www.reuters.com)
13 days ago Amazon GDPR

Jensen Huang says Nvidia has not been approached about purchasing a stake in Intel, following a report about a consortium with TSMC to operate Intel's factories (www.reuters.com)
14 days ago Intel Nvidia

Sources: CoreWeave plans to offer shares at $47 to $55 each when it begins marketing its IPO this week, aiming to raise between $2.3B and $2.7B (www.reuters.com)
14 days ago IPO

BlackRock, Microsoft, and Abu Dhabi's MGX say Nvidia and xAI joined a consortium to build AI infrastructure in the US; investors committed $100B for deployment (www.reuters.com)
14 days ago Microsoft AI Nvidia

Jensen Huang says Nvidia will use co-packaged optical tech in two of its upcoming networking chips for its servers, but wider use will have to wait (www.reuters.com)
14 days ago Nvidia

Sources: the real closer for Wiz and Google executives was President Trump's election, which brought with it the prospect of a friendlier antitrust review (www.reuters.com)
14 days ago Trump Google

Germany's Federal Court of Justice rules against Apple's appeal against a regulatory assessment that opens Apple up to stricter controls in the country (www.reuters.com)
15 days ago Germany Apple

Didi reports Q4 revenue up 7.1% YoY to ~$7.32B and a ~$180M net loss, down from a ~$6.2M profit in Q4 2023, as it recovers from China's $1.2B fine in July 2022 (www.reuters.com)
15 days ago China 4Q

Xiaomi reports Q4 revenue up 48.8% YoY to ~$15B, above ~$14.4B est., adjusted net profit up 69.4% YoY to ~$1.2B, above ~$884M est., boosted by smartphone sales (www.reuters.com)
15 days ago Xiaomi 4Q

Sources: US Commerce Department bureaus informed staffers in recent weeks that DeepSeek is banned on their government devices (www.reuters.com)
16 days ago

Sources: Intel's new CEO Lip-Bu Tan has considered restructuring Intel's AI approach and cutting staff to address a slow and bloated middle management layer (www.reuters.com)
16 days ago Intel AI

Sources: Russia is using bitcoin, ether, and stablecoins such as Tether in its oil trade with China and India to skirt Western sanctions (www.reuters.com)
19 days ago Russia China Bitcoin India

Foxconn reports Q4 profit down 13% YoY to ~$1.41B, missing the ~$1.65B estimate, its first quarterly drop since Q2 2023, but forecasts strong Q1 2025 growth (www.reuters.com)
19 days ago 4Q

DeepSeek sparked an AI arms race among Chinese asset managers, shaking up China's $10T fund management industry as firms expand AI research and adopt DeepSeek (www.reuters.com)
19 days ago China AI Asset

Singapore prosecutors say a case in which Singapore-based companies are accused of fraudulently supplying US servers to Malaysia involves $390M in transactions (www.reuters.com)
20 days ago Singapore Malaysia

A profile of Intel's new CEO Lip-Bu Tan, who invested in Annapurna Labs and Nuvia and revived the fortunes of chip design firm Cadence Design Systems as its CEO (www.reuters.com)
20 days ago Intel

Intel appoints former board member Lip-Bu Tan as CEO, effective March 18; INTC jumps 11%+ after hours (www.reuters.com)
21 days ago Intel

Sources: TSMC has pitched Nvidia, AMD, Broadcom, and Qualcomm about taking stakes in a JV to run Intel Foundry; TSMC would hold no more than a 50% stake (www.reuters.com)
21 days ago Intel Nvidia AMD

Spain's government approves a bill, pending lower house assent, imposing fines of up to €35M or 7% of annual turnover on firms not labeling AI-generated content (www.reuters.com)
21 days ago AI Spain

Manus partners with Alibaba's Qwen to integrate Manus' AI agent functions with AI models and computing platforms in China and to collaborate on Qwen's AI models (www.reuters.com)
22 days ago China Alibaba AI

Delivery Hero says Uber has terminated its $950M deal to acquire Foodpanda in Taiwan and will pay a ~$250M termination fee after Taiwan's FTC blocked the deal (www.reuters.com)
22 days ago Taiwan Uber

India's Bharti Airtel signs a deal with SpaceX to launch Starlink in the country, offering it to business customers and providing rural internet access (www.reuters.com)
22 days ago India SpaceX

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