Articles from www.reuters.com

Articles from www.reuters.com

In an interview, Brad Smith says Microsoft's deal with UAE-based AI firm G42 could eventually involve the transfer of key US chips and AI technology abroad (www.reuters.com)
2024-5-23 Microsoft Interview AI

Lenovo reports Q4 revenue up 9% YoY to $13.8B, vs. $13B est., second straight quarter of revenue growth, and net profit up 118% YoY to $248M, vs. $162M est. (www.reuters.com)
2024-5-23 4Q Lenovo

South Korea announces a ~$19B support package for the domestic chip industry and asks the industry ministry to strengthen the country's non-memory chip sector (www.reuters.com)
2024-5-23 Korea

US FCC Chairwoman Jessica Rosenworcel proposes requiring the disclosure of content generated by AI in political ads on radio and TV, citing the use of deepfakes (www.reuters.com)
2024-5-23 AI

AWS plans to invest €15.7B in data centers in Spain's Aragon region, replacing a 2021 plan to spend €2.5B; the Aragon government says the deal is over 10 years (www.reuters.com)
2024-5-23 Spain

AWS says the transition from Nvidia's Grace Hopper to Blackwell chips applies only to Project Ceiba, a supercomputer that AWS and Nvidia are building together (www.reuters.com)
2024-5-22 Nvidia

Google, Meta, Microsoft, OpenAI, Amazon, IBM, and 10 other companies commit to safe AI development at the AI Seoul Summit 2024, hosted by South Korea and the UK (www.reuters.com)
2024-5-21 Korea Google Amazon Microsoft IBM AI

EU countries vote to approve the landmark EU AI Act, agreed in December 2023, to ensure “trust, transparency, and accountability”, taking effect in June 2024 (www.reuters.com)
2024-5-21 AI

European research labs led by Belgium-based imec will receive €2.5B in funding under European Chips Act to set up a pilot line to develop and test sub-2nm chips (www.reuters.com)
2024-5-21 Europe Belgium

US v. Google: Google has preemptively paid damages to the US government, an unusual move aimed at avoiding a jury trial in the DOJ's antitrust lawsuit (www.reuters.com)
2024-5-21 Google

Apple announces a discount of up to $318 on its Tmall site in China between May 20 and May 28 on select iPhone models amid competition from Huawei and others (www.reuters.com)
2024-5-20 China iPhone Apple

SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting with three local health centres (www.reuters.com)
2024-5-20 Indonesia SpaceX

The US DOJ charges two arrested Chinese nationals for allegedly orchestrating a crypto pig butchering scam that laundered at least $73M from defrauded victims (www.reuters.com)
2024-5-18 China

Sources: Tesla plans to keep its Chinese FSD training data in the country, a shift from a previous strategy of seeking approval to move data out of China (www.reuters.com)
2024-5-17 China Tesla

OpenAI and Reddit partner to bring Reddit content to ChatGPT and more via Reddit's Data API, bring new AI tools to Reddit, and make OpenAI a Reddit ad partner (www.reuters.com)
2024-5-17 AI Reddit

Vercel, which develops the Next.js framework, raised a $250M Series E led by Accel at a $3.25B valuation, and says it recently exceeded $100M in annual revenue (www.reuters.com)
2024-5-17

Sources: Neuralink's disclosure last week that tiny wires inside its first patient's brain had pulled out of position is an issue it has known about for years (www.reuters.com)
2024-5-15

A US federal court orders Elon Musk to testify again in an SEC investigation into his $44B Twitter takeover; the SEC sued Musk in October 2023 to testify (www.reuters.com)
2024-5-15 Twitter Elon Musk

Sources and documents: Chinese chipmaker CXMT and others are in the early stages of making high bandwidth memory chips, a major step in China's chip plans (www.reuters.com)
2024-5-15 China

Huawei is revamping its retail strategy and aggressively opening flagship stores in China, opening four such stores between December 2023 and February 2024 (www.reuters.com)
2024-5-15 China Retail

El Salvador has mined 473.5 bitcoins worth ~$29M since 2021 thanks to a volcano-fueled geothermal power plant, bringing its total bitcoin portfolio to ~$354M (www.reuters.com)
2024-5-15 Bitcoin

YouTube says it will comply with a Hong Kong court order to block 32 video links, after the government sought to ban the Glory to Hong Kong protest anthem (www.reuters.com)
2024-5-15 Hong Kong YouTube Ban

UN sanctions monitors: North Korea laundered $147.5M of crypto through Tornado Cash in March after stealing it late last year from HTX crypto exchange (www.reuters.com)
2024-5-15 Korea

Google announces Trillium, its new Google Cloud TPU that has 4.7 times better computing performance compared with the TPU v5e and is 67% more energy efficient (www.reuters.com)
2024-5-15 Google Energy

TSMC plans to start building its first European facility in Q4 2024, ahead of production in 2027; TSMC unveiled plans for an $11B factory in Germany last August (www.reuters.com)
2024-5-15 Germany Europe 4Q

The US NHTSA opens an investigation into Alphabet's Waymo, covering an estimated 444 vehicles and following 22 reports of 22 incidents, including 17 collisions (www.reuters.com)
2024-5-14 Alphabet

The US orders Chinese-linked crypto mining company MineOne to sell property it bought near an Air Force base in Wyoming, citing national security risk (www.reuters.com)
2024-5-14 China

Squarespace says private equity firm Permira plans to take the company private in a $6.9B all-cash deal, or $44 per share, a 15.2% premium on Friday's close (www.reuters.com)
2024-5-13 Equity

Sources: Shein steps up preparations for a London listing amid regulatory hurdles for a New York IPO; source: Shein plans to file in London as soon as May (www.reuters.com)
2024-5-13 IPO New York London

Brad Smith says Microsoft will invest €4B in France, much of the investment would focus on AI, and Microsoft would set up a data center in Mulhouse, France (www.reuters.com)
2024-5-13 France Microsoft AI

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