Articles from www.reuters.com

Articles from www.reuters.com

Chinese startup Moonshot AI releases Kimi K2, an open-source model that the company says has enhanced coding capabilities and excels at general agent tasks (www.reuters.com)
10 hours ago China Startup AI

Sources: Meta won't propose additional changes to its pay-or-consent model in the EU, and could face fresh antitrust charges and hefty daily fines (www.reuters.com)
13 hours ago

SAG-AFTRA says Hollywood video game voice and motion capture actors signed a new contract with game studios, including AI protections like consent requirements (www.reuters.com)
1 day ago AI

Electricity bills may rise 20%+ in parts of PJM Interconnection's 13-state territory as the largest US power grid struggles to meet AI and data center demand (www.reuters.com)
1 day ago AI

Sources: OpenAI plans an AI-powered web browser with some user interactions within a ChatGPT-like native chat interface instead of clicking through to websites (www.reuters.com)
2 days ago AI Browser

MaintainX, which makes maintenance and operations software, raised a $150M Series D at a $2.5B valuation, bringing its total funding to $254M (www.reuters.com)
2 days ago

A US appeals court blocks FTC's “click-to-cancel” rule, which was set to take effect on July 14, saying it failed to conduct a preliminary cost-benefit analysis (www.reuters.com)
3 days ago

ReserveOne, a cryptocurrency holding company with bitcoin, ethereum, and Solana, plans to list on the Nasdaq through a SPAC deal expected to raise $1B+ (www.reuters.com)
3 days ago Bitcoin Ethereum Cryptocurrency

IBM unveils Power11 chips, its first major Power line update since 2020, available July 25, and says they can detect and respond to ransomware within a minute (www.reuters.com)
3 days ago IBM

Samsung projects Q2 operating profit down 56% YoY to $3.3B, vs. $4.5B est., due to struggles in its chip business stemming from US export controls for China (www.reuters.com)
4 days ago China Samsung

LumApps, which makes intranet software, agrees to merge with frontline staff communication app Beekeeper in a deal valuing the combined entity at about $1.1B (www.reuters.com)
6 days ago

Doc: UK's Independent Publishers Alliance files an antitrust complaint with EU and the UK CMA against Google, alleging misuse of web content for AI Overviews (www.reuters.com)
7 days ago Google AI

The EU says it has no plans to pause the implementation of the AI Act, after Meta, Google, Mistral, ASML, and others urged it to delay the rules by years (www.reuters.com)
7 days ago Google AI

Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins (www.reuters.com)
8 days ago China Hong Kong

Amsterdam-based Dexter Energy, which offers AI-based forecasting and trading products for renewable energy and batteries, raised a €23M Series C led by Alantra (www.reuters.com)
9 days ago Energy AI Renewable

A US judge rules that Huawei must face criminal charges in an indictment alleging racketeering, stealing trade secrets, and bank fraud tied to Iran sanctions (www.reuters.com)
9 days ago Iran

Sources: Intel is considering ending marketing of its 18A process to new clients and writing off investments, focusing instead on 14A to compete with TSMC (www.reuters.com)
9 days ago Intel

A California jury rules Google is liable in a 2019 class action lawsuit over collecting information from users' devices without permission and must pay $314.6M+ (www.reuters.com)
10 days ago Google California

Sources: data labeling company Surge AI aims to raise up to $1B, targeting a valuation of $15B; Surge AI had $1B+ in 2024 revenue, vs. Scale AI's reported $870M (www.reuters.com)
10 days ago AI

Grammarly acquires email startup Superhuman as part of a push to build an AI-powered productivity suite; Superhuman was last valued at $825M in 2021 (www.reuters.com)
10 days ago Startup AI

Google warns that the DMA is hampering innovation for EU users, asks regulators for more detailed guidance and critics to provide evidence to prove their case (www.reuters.com)
10 days ago Google

Circle applies for a US national trust bank license, which would let it act as a custodian for its own reserves and hold crypto for its institutional clients (www.reuters.com)
11 days ago

A US judge denies Apple's motion to dismiss the DOJ antitrust lawsuit, filed in March 2024, accusing Apple of unlawfully dominating the US smartphone market (www.reuters.com)
11 days ago Apple

Europol says it has dismantled a crypto investment fraud ring in Spain that laundered €460M using a global network of accomplices, and five people were arrested (www.reuters.com)
11 days ago Spain

The DOJ settles its lawsuit challenging HPE's $14B acquisition of Juniper; HPE must divest Instant On and license the source code for Juniper's Mist AI software (www.reuters.com)
13 days ago AI

Indian digital payments company Pine Labs files for an IPO in India to raise up to ~$304M; source: Pine Labs is seeking a valuation of between $5B and $6B (www.reuters.com)
14 days ago India IPO

Sources: Trump is planning EOs on July 23 to help US AI growth, including easing grid access for new power projects and offering federal land for data centers (www.reuters.com)
14 days ago Trump AI EOS

Sources: Shein plans to file confidentially for a Hong Kong IPO; filing confidentially remains relatively rare in Hong Kong (www.reuters.com)
14 days ago Hong Kong IPO

Germany deems DeepSeek as illegal content after it is unable to address data security concerns, and asks Apple and Google to block it from their app stores (www.reuters.com)
14 days ago Germany Google Apple

Dinari, which offers blockchain-based US stocks, secures a broker-dealer registration to become the first tokenized equity platform to secure approval in the US (www.reuters.com)
15 days ago Blockchain Equity

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