Articles from www.reuters.com

Articles from www.reuters.com

BMBL jumps 30%+ after Bumble reported Q4 revenue above estimates and unveiled an AI-driven app overhaul to lure back users; BMBL is down 90% since its 2021 IPO (www.reuters.com)
4 hours ago IPO AI 4Q

Ukraine's defense minister says Ukraine is opening up access to its battlefield data for its allies to train AI models (www.reuters.com)
4 hours ago AI Ukraine

Nuro says it has begun testing its self-driving tech on public roads in Tokyo, marking the US-based company's first international autonomous deployment (www.reuters.com)
18 hours ago Tokyo

Sources: PayPay priced its US IPO at $16 per share, below its targeted price range of between $17 and $20; the IPO raised $880M, valuing the company at $10.7B (www.reuters.com)
20 hours ago IPO

FCC Chair Brendan Carr criticizes the slow pace of Amazon's satellite launches, after Amazon raised concerns about SpaceX's plan to launch up to 1M satellites (www.reuters.com)
23 hours ago Amazon SpaceX

Documents and a source: a foreign hacker compromised files relating to the FBI's Jeffrey Epstein investigation in 2023; the FBI confirms a “cyber incident” (www.reuters.com)
1 day ago Hacker FBI

Applied Materials partners with Micron and SK Hynix to develop next-gen memory chips for AI and HPC at its new EPIC center, part of a planned $5B R&D investment (www.reuters.com)
1 day ago AI

Sources: PE firm EQT is exploring a sale of Linux distribution vendor SUSE in a deal that could value it at up to $6B; SUSE was valued at ~$2.96B in 2023 (www.reuters.com)
2 days ago Linux

Anthropic sues to block the DOD from designating it a supply chain risk, says the designation is unlawful and violates its free speech and due process rights (www.reuters.com)
3 days ago

Nexperia's Chinese subsidiary says it has begun producing its own chips using 12-inch wafers, a further step toward independence from its Dutch parent (www.reuters.com)
3 days ago China Netherlands

China's commerce ministry warns of global chip shortages due to “new conflicts” between Dutch chipmaker Nexperia and its Chinese subsidiary (www.reuters.com)
5 days ago China Netherlands

Pentagon names ex-DOGE employee Gavin Kliger as Chief Data Officer to lead its AI efforts; Kliger previously reposted white supremacist Nick Fuentes' content (www.reuters.com)
6 days ago AI Pentagon

Robinhood debuts its $658.4M venture fund on the NYSE, pricing the IPO at $25 per share, offering retail investors access to private companies like Databricks (www.reuters.com)
6 days ago IPO Retail

US federal regulators say banks don't need extra capital against losses when dealing with blockchain-based securities, calling their rules “technology neutral” (www.reuters.com)
6 days ago Blockchain

Revolut, which has about 70M clients in 40 markets, applies for a US bank charter and appoints former Visa executive Cetin Duransoy as its new US CEO (www.reuters.com)
7 days ago

China's new five-year plan introduces an “AI+ action plan”, mentions AI over 50 times, and outlines investments in quantum computing, 6G, embodied AI, and more (www.reuters.com)
7 days ago China AI Quantum

Meta agrees to allow rival “general purpose AI chatbots” access to WhatsApp in Europe for a 12-month period to avoid potential interim measures from the EU (www.reuters.com)
7 days ago Europe AI chatbot WhatsApp

Staff memo: Alibaba says it is setting up a new task force to accelerate foundation AI model development, after the resignation of Qwen AI head Lin Junyang (www.reuters.com)
7 days ago Alibaba AI

Google, Microsoft, Meta, Amazon, OpenAI, and others sign a pledge at the White House to bear the cost of new electricity generation to power their data centers (www.reuters.com)
7 days ago Google Amazon Microsoft

Sources: some investors push Anthropic to de-escalate its DOD dispute, worried about the “supply-chain risk” designation ; Anthropic and DOD continue some talks (www.reuters.com)
8 days ago

Sources: Walmart-backed PhonePe targets an up to $10.5B valuation in its Indian IPO; PhonePe raised $600M from General Atlantic at a $14.5B valuation in October (www.reuters.com)
8 days ago India IPO Walmart

An OpenAI spokesperson says Sam Altman misspoke in saying OpenAI was looking to deploy on NATO classified networks, and that it was for “unclassified networks” (www.reuters.com)
8 days ago

Lockheed Martin to follow US federal ban on Anthropic, as government contracting attorneys say defense contractors are expected to comply with the DOD's order (www.reuters.com)
8 days ago Ban

Intel says board chair Frank Yeary, who has served on the board since 2009, will retire after Intel's annual meeting in May and be replaced by Craig Barratt (www.reuters.com)
8 days ago Intel

Ziff Davis agrees to sell its Connectivity division, including Ookla and Downdetector, to Accenture for $1.2B in cash, to focus on enthusiast websites like IGN (www.reuters.com)
9 days ago

The US Treasury Department, State Department, and federal housing agency are ending use of Anthropic products; State Department says it will switch to OpenAI (www.reuters.com)
9 days ago Real Estate

Filing: PayPay is seeking to raise up to $1.1B at a valuation of up to $13.4B in its US IPO, selling nearly 55M shares priced between $17 and $20 apiece (www.reuters.com)
9 days ago IPO

Sources: SoftBank-owned Japanese payments app PayPay delays its IPO roadshow that was scheduled to launch Monday, as markets were rattled by the strikes in Iran (www.reuters.com)
9 days ago Japan IPO Iran

SCOTUS declines to hear a dispute over copyrights for AI-generated material, in a case where a computer scientist was denied a copyright for AI-generated art (www.reuters.com)
10 days ago AI

Nvidia says it plans to invest $2B each in photonic product makers Lumentum and Coherent to support the companies' R&D and manufacturing operations in the US (www.reuters.com)
10 days ago Manufacturing Nvidia

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