Articles from www.reuters.com

Articles from www.reuters.com

Source: Nvidia plans an employee-funded political action committee called NVPAC, as it seeks to step up its efforts to influence US policy (www.reuters.com)
13 days ago Nvidia

Japan's Kioxia and Sandisk plan to spend $31B+ in Japan through 2032 to drive chip tech and expand production capacity, including an $11.3B Kitakami plant (www.reuters.com)
13 days ago Japan

Gambit Security: Russian-speaking ransomware gang Aur0ra used SpaceX's Cursor AI coding assistant to breach at least seven companies between April 8 and May 21 (www.reuters.com)
13 days ago Russia AI SpaceX

Sources: Adam Mosseri met with state AG representatives roughly a month ago, saying Meta would appeal any adverse verdict but was willing to make changes (www.reuters.com)
14 days ago

Sources: Singapore-based Shein is set to price its Hong Kong IPO at ~$6.20, or near the midpoint of its marketed range, raising $1.73B and valuing it at ~$26.5B (www.reuters.com)
14 days ago Hong Kong IPO Singapore

Nvidia forecasts Q3 revenue of $108B, above a $104B estimate, and expects FY 2028 revenue to grow by about 70%; NVDA jumps 4%+ after hours (www.reuters.com)
14 days ago Nvidia

Brazil's government sues Discord for $97M, accusing it of failing to comply with laws protecting children and teens; Discord calls the lawsuit disproportionate (www.reuters.com)
14 days ago Brazil

Meta agrees to pay up to $18B to settle US states' claims that it designed Facebook and Instagram to addict children, misled consumers, and more (www.reuters.com)
14 days ago Facebook Instagram

The US DOJ says it disrupted a Chinese hacking operation responsible for break-ins at the DOJ, NASA, the Fed, Senate, and others, seizing two platforms' domains (www.reuters.com)
14 days ago China Senate NASA

Filing: Meta reaches a settlement to resolve 29 US states' claims under COPPA that it designed Instagram and Facebook to addict children and misled consumers (www.reuters.com)
14 days ago Facebook Instagram

Investigation: Meta explored slashing many teams by ~60% to become “AI native”, but pulled back after staff revolted and data showed AI agents were ineffective (www.reuters.com)
15 days ago AI

Sources: Moonshot AI is in early talks over revenue-sharing agreements with Microsoft, Amazon, and Google to host Kimi K3, and is seeking up to a 30% share (www.reuters.com)
15 days ago Google Amazon Microsoft AI

South Korean AI services platform Wrtn raised a ~$72.2M Series C at a $722M+ valuation, bringing its total funding to ~$166M (www.reuters.com)
15 days ago Korea AI

State AGs' trial: Adam Mosseri denies Instagram stalled by not making its “Take a Break” teen safety feature the default until nearly three years after launch (www.reuters.com)
15 days ago Instagram

Mexico-based Primero, which aims to modernize legacy software used by Latin American companies with AI, raised a $12M seed co-led by Kaszek and General Catalyst (www.reuters.com)
15 days ago U.S. Mexico AI Latin America

Google launches Gemini Enterprise for Legal, expanding its platform with specialized AI agents and integrations with Thomson Reuters, LexisNexis, and Harvey (www.reuters.com)
15 days ago Google AI

Accelerated Understanding launches an enterprise-focused physics AI model that uses neural operators and handled 5T pieces of data in a single prompt in tests (www.reuters.com)
15 days ago AI

Unitree shares fell 45% after surging more than 5x in their August 19 Shanghai debut, cutting its valuation from $66B to $36B, raising robotics bubble concerns (www.reuters.com)
16 days ago Robot Shanghai

Taiwanese prosecutors indict nine people, including Nvidia and Super Micro employees, for allegedly helping illegally export AI servers to China (www.reuters.com)
16 days ago China Taiwan AI Nvidia

The FTC is settling its lawsuit against Zillow, resolving claims that Zillow violated antitrust law by paying Redfin $100M to stop competing in rental listings (www.reuters.com)
16 days ago

Alibaba launches Wan3.0, a video generation model that can generate 30-second videos from documents, spreadsheets, slides, and web pages (www.reuters.com)
17 days ago Alibaba

Chinese EV maker XPeng says its robotics business raised $900M+ led by IDG and Gaorong Ventures at a $6.3B valuation, with Tencent and Alibaba participating (www.reuters.com)
17 days ago China Alibaba Tencent Robot IDG

Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close (www.reuters.com)
17 days ago Alibaba AI

Sources and documents detail how Tether's plan to build two bitcoin mining sites in Uruguay fell apart amid a dispute with state utility UTE over power supply (www.reuters.com)
18 days ago Bitcoin

Nvidia makes a minority investment in Cloverleaf, which works with utilities and energy providers to secure infrastructure for data center sites (www.reuters.com)
19 days ago Energy Nvidia

OpenAI cuts GPT-5.6 Sol's API and credit prices by over 20% for the next three months, to $4/1M input tokens and $20/1M output tokens (www.reuters.com)
19 days ago

Kakao plans to spin off its chat app-based platform business into a new company tentatively named KakaoAI, which it expects to relist in Korea in 2027 (www.reuters.com)
19 days ago Korea

Filings: China-based chipmaker YMTC's application to list its shares on Shanghai's STAR Market has been accepted, setting the stage for a $4.9B share sale (www.reuters.com)
19 days ago China Shanghai

How crypto, AI, and online betting companies emerged as the biggest industries shaping the 2026 US midterm races, as corporate spending reaches a record $517M (www.reuters.com)
20 days ago AI

Brazil announces ~$444.2M in AI investments split between US and Chinese companies, including ~$250.3M for a supercomputing project with Huawei and iFlytek (www.reuters.com)
20 days ago China AI Brazil

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