Articles from www.reuters.com

Articles from www.reuters.com

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)
15 hours 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)
19 hours 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)
1 day 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)
1 day 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)
1 day 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)
1 day 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)
1 day 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)
2 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)
2 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)
2 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)
4 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)
5 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)
5 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)
5 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)
5 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)
6 days ago Blockchain Equity

New Zealand-based Halter, which provides smart collars and geofencing software for the dairy industry, raised a $100M Series D led by Bond at a $1B valuation (www.reuters.com)
6 days ago New Zealand

A federal judge rejects a joint motion by Ripple Labs and the US SEC to approve a reduced $50M fine to settle a lawsuit over XRP sales, and chastises both sides (www.reuters.com)
6 days ago XRP

Amazon's VP of Generative AI Vasi Philomin left for another company; VP of Amazon Elastic Block Store Rajesh Sheth assumed some of Philomin's responsibilities (www.reuters.com)
6 days ago Amazon AI

A group of authors sue Microsoft in a NY federal court, claiming the company used nearly 200,000 pirated books without permission to train its Megatron AI model (www.reuters.com)
7 days ago Microsoft AI

New Zealand-based Xero, which offers accounting software for small businesses, agrees to acquire payments software company Melio in a $2.5B+ cash-and-stock deal (www.reuters.com)
8 days ago New Zealand

CareerBuilder + Monster, which once dominated the online recruitment industry, files for Chapter 11 and agrees to sell its job board operations to JobGet (www.reuters.com)
8 days ago

Internal memo: Goldman Sachs launches a generative AI assistant firmwide to boost productivity; around 10,000 employees are already using the GS AI Assistant (www.reuters.com)
9 days ago AI Goldman

Decagon, which offers AI-powered customer service agents for enterprises, raised a $131M Series C co-led by Accel and a16z at a $1.5B valuation (www.reuters.com)
9 days ago AI

The FTC approves Omnicom's $13.5B acquisition of rival Interpublic on the condition that the new company does not boycott platforms over political content (www.reuters.com)
9 days ago

Snowcap Compute, which is working on building AI computing chips using superconducting tech, raised a $23M seed and says Pat Gelsinger will join its board (www.reuters.com)
9 days ago AI

Wealthfront, which uses AI to build investment portfolios, confidentially files for a US IPO; it was valued at $1.4B in 2022 during a failed acquisition by UBS (www.reuters.com)
9 days ago IPO AI

A senior US official says DeepSeek is aiding China's military and intel operations, going beyond open-source AI model access, and evading US export controls (www.reuters.com)
9 days ago China Intel AI

Austin-based PE firm Haveli Investments agrees to acquire Couchbase, which offers a cloud database for AI applications, for about $1.5B (www.reuters.com)
10 days ago Database AI

Texas enacts legislation, effective September 1, requiring a permit to operate self-driving vehicles, just before Tesla's planned robotaxi trial in Austin (www.reuters.com)
10 days ago Tesla Autonomous Car Texas

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