Articles from www.reuters.com

Articles from www.reuters.com

Coinbase-backed advocacy group Stand with Crypto passes 1M members after targeting voters in swing states, including ~24K members in Georgia and 16K+ in Arizona (www.reuters.com)
2024-6-6 Coinbase

Duolingo deletes LGBTQ+ references in Russia after being warned by the country's communications regulator that the content is classed as “extremism” (www.reuters.com)
2024-6-6 Russia

Sources: some Chinese AI chip companies, including MetaX and Enflame, are submitting less powerful GPU designs to TSMC to comply with US sanctions (www.reuters.com)
2024-6-5 China AI

Apollo Global agrees to buy 49% equity interest in a joint venture related to Intel's Fab 34 under construction in Leixlip, Ireland (www.reuters.com)
2024-6-5 Intel Equity Ireland

Elon Musk says Tesla will likely spend $3B to $4B on Nvidia hardware in 2024 and that half of its formerly noted $10B AI-related capex will be on internal spend (www.reuters.com)
2024-6-5 AI Tesla Elon Musk Nvidia

Source: Canadian AI startup Cohere has raised $450M from Nvidia, Salesforce, Cisco, and others and is looking to raise more in the same round at a $5B valuation (www.reuters.com)
2024-6-5 Startup AI Canada Salesforce Nvidia Cisco

TSMC Chair C.C. Wei says the company has held talks with customers over moving its plants off Taiwan as China tensions mount but such a move would be impossible (www.reuters.com)
2024-6-4 China Taiwan

Intel says a standard AI kit featuring its Gaudi 2 chips, introduced in 2022, will cost $65K, and a Gaudi 3 kit, unveiled in April 2024, will cost $125K (www.reuters.com)
2024-6-4 Intel AI

ASML opens a test laboratory for its High NA EUV machine with Belgium's Imec in the Netherlands, and expects customers to use it for manufacturing in 2025-2026 (www.reuters.com)
2024-6-4 Manufacturing Netherlands Belgium

Microsoft plans to invest $3.21B to expand its cloud and AI infrastructure in Sweden over two years, including a pledge to train 250K people with AI skills (www.reuters.com)
2024-6-3 Microsoft AI Sweden

Zara plans to expand live shopping broadcasts in the UK, Europe, and the US between August and October 2024, testing a format that is wildly popular in China (www.reuters.com)
2024-6-3 China Europe

CISPE denies a report that it was nearing a settlement with Microsoft to withdraw its EU antitrust complaint about Microsoft's cloud licensing practices (www.reuters.com)
2024-6-2 Microsoft

Filing: Meta agrees to settle a 2022 lawsuit by Texas accusing Meta of using facial recognition tech to collect biometric data of Texans without their consent (www.reuters.com)
2024-6-1 Facial Recognition Texas

Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident (www.reuters.com)
2024-6-1 Japan Bitcoin

Sources: Tesla prepares to register its FSD with Chinese authorities as it plans a rollout in 2024 and selling the software as a monthly subscription in China (www.reuters.com)
2024-5-31 China Tesla

Dell reports Q1 revenue up 6% YoY to $22.24B, vs. 21.64B est., Client revenue flat YoY at $11.97B, and Infrastructure revenue up 22% YoY to $9.23B (www.reuters.com)
2024-5-31

Sources: TikTok is working on a clone of its recommendation algorithm for its US users that may result in a version that operates independently of ByteDance (www.reuters.com)
2024-5-31 Algorithm

Filing: Terraform Labs and founder Do Kwon reach a tentative settlement with the SEC in its case alleging they misled investors before the collapse of TerraUSD (www.reuters.com)
2024-5-31

Google and Magic Leap partner to work on building immersive experiences that blend the physical and digital worlds, but offer few details (www.reuters.com)
2024-5-31 Google

Leaked letter: a US group representing Google, Amazon, and Apple asks India to rethink its DMA-like Digital Competition Bill, saying it could raise user costs (www.reuters.com)
2024-5-29 India Google Amazon Apple

A US appeals court sets a fast-track schedule to consider legal challenges to the US law requiring a TikTok ban or sale, with oral arguments in September 2024 (www.reuters.com)
2024-5-29 Ban

Meta adds safety features to CrowdTangle for use during the EU elections, in a bid to address EU concerns over Meta's plan to shut down the tool in August 2024 (www.reuters.com)
2024-5-28

China set up a new $47.5B state-backed investment fund on May 24 to boost the country's semiconductor industry (www.reuters.com)
2024-5-27 China

Dell's stock rose 4.3% to close at $160.18 after reaching a record high on May 24 amid a rally in companies working on generative AI; DELL is up 114.17% in 2024 (www.reuters.com)
2024-5-25 AI

A Nigerian court adjourns a money laundering trial against Binance and two of its executives to June 20 because one of the defendants Tigran Gambaryan was ill (www.reuters.com)
2024-5-24 Nigeria

A Texas federal jury orders Micron to pay $445M to computer memory company Netlist for willfully infringing on two parents related to improving memory modules (www.reuters.com)
2024-5-24 Texas

Sources: Nvidia cuts price of its China-specific H20 chip, selling it below Huawei's Ascend 910B, underscoring the challenges Nvidia faces amid US sanctions (www.reuters.com)
2024-5-24 China Nvidia

Sources: Samsung's HBM3 chips have yet to pass Nvidia's tests for use in the US company's AI processors due to heat and power consumption problems (www.reuters.com)
2024-5-24 Samsung AI Nvidia

The US SEC approves applications from Nasdaq, Cboe, and NYSE to list spot ether ETFs, potentially paving the way for them to begin trading later this year (www.reuters.com)
2024-5-24 ETF

Amazon investors vote to reject all 14 resolutions that asked to disclose more on its carbon emissions and directors' donations, form an AI committee, and more (www.reuters.com)
2024-5-23 Amazon AI

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