Articles from www.reuters.com

Articles from www.reuters.com

Sources: Meta is testing its first in-house AI training chip, a key milestone as it moves to design more of its own silicon and reduce its reliance on Nvidia (www.reuters.com)
24 days ago AI Nvidia

ServiceNow says it plans to acquire agentic AI company Moveworks for $2.85B in its largest-ever acquisition, a cash and stock deal set to close in H2 2025 (www.reuters.com)
24 days ago AI

Oracle reports Q3 revenue grew 6% YoY to $14.13B, vs. $14.39B est., and cloud revenue rose 23% YoY to $6.2B (www.reuters.com)
24 days ago Oracle

Sources: CoreWeave has signed a five-year $11.9B contract with OpenAI that will give OpenAI a stake in the cloud computing provider ahead of its IPO (www.reuters.com)
24 days ago IPO

Sources: Apple and Meta are set to face modest fines for allegedly breaching the EU's DMA, which allows fines of up to 10% of companies' global annual sales (www.reuters.com)
24 days ago Apple

President Trump says “we're dealing with four different groups” for the sale of TikTok; Trump signed an EO on January 20 to delay the TikTok ban by 75 days (www.reuters.com)
25 days ago Trump Ban

Sources detail the nearly 10-hour-long tech meltdown of the European Central Bank's main payment system on February 27 due to a piece of malfunctioning hardware (www.reuters.com)
26 days ago Europe

The CCI will review the antitrust case filed by an Indian distributors' federation over alleged deep discounting practices by Zomato, Swiggy, and Zepto (www.reuters.com)
27 days ago India

The US OCC says banks can engage in some crypto activities, rescinding prior guidance that told them they should clear such activities with regulators first (www.reuters.com)
27 days ago

Filings: the US DOJ drops a bid to force Google to sell its AI investments to boost search competition but still seeks a court order requiring it to sell Chrome (www.reuters.com)
27 days ago Google AI Chrome

CoreWeave denies an FT report that Microsoft withdrew from some of its agreements ahead of CoreWeave's IPO, saying “there have been no contract cancellations” (www.reuters.com)
28 days ago Microsoft IPO

Broadcom reports Q1 revenue up 25% YoY to $14.92B, vs. $14.61B est., and forecasts Q2 revenue above estimates; AVGO jumps 8%+ after hours (www.reuters.com)
28 days ago

Intel defeats a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry unit, leading to job cuts and a $32B stock plunge (www.reuters.com)
29 days ago Intel

Sources: China plans to issue guidance as soon as this month to encourage the use of open-source RISC-V chips nationwide for the first time (www.reuters.com)
30 days ago China

Internal email: Amazon has formed a new group focused on agentic AI, led by AWS executive Swami Sivasubramanian, who will report directly to AWS CEO Matt Garman (www.reuters.com)
30 days ago Amazon AI

India's IT ministry says AWS plans to invest $8.2B in India's western state of Maharashtra over the next few years, and will deploy its own GPUs in India (www.reuters.com)
2025-3-4 India

Sources: Nvidia and Broadcom are running 18A manufacturing tests with Intel, and AMD is also evaluating whether Intel's 18A process is suitable for its needs (www.reuters.com)
2025-3-4 Intel Manufacturing Nvidia AMD

The UK ICO says it is probing how TikTok uses 13 to 17-year-olds' personal data for content suggestions, and how Reddit and Imgur verify the ages of child users (www.reuters.com)
2025-3-3 Reddit ICO

China mandates regulatory approvals for autonomous driving-related OTA software upgrades, aiming to prevent automakers from hiding defects or avoiding liability (www.reuters.com)
2025-3-1 China

The SEC files to dismiss its 2023 lawsuit against Coinbase that accused the exchange of flouting SEC rules and facilitating trading in unregistered securities (www.reuters.com)
2025-2-28 Coinbase

Dell reports Q4 revenue up 7% YoY to $23.93B, vs. $24.56B est., forecasts FY 2026 adjusted profit above estimates and FY 2026 revenue in line with expectations (www.reuters.com)
2025-2-28 4Q

Document: French prosecutors close Congo's case accusing Apple subsidiaries of using conflict minerals, saying it is “not sufficiently well-founded” (www.reuters.com)
2025-2-28 France Apple

Salesforce reports Q4 revenue up 8% YoY to $9.99B, vs. $10.04B est., and forecasts FY 2026 revenue below estimates; CRM drops 5%+ after hours (www.reuters.com)
2025-2-27 4Q Salesforce CRM

eBay reports Q4 revenue up 1% YoY to $2.6B, GMV up 4% YoY to $19.3B, and forecasts Q1 revenue below expectations; EBAY drops 7%+ after hours (www.reuters.com)
2025-2-27 eBay 4Q

DeepSeek cuts API prices in off-peak times, between 00:30 and 08:30 in Beijing, by 75% for R1 and 50% for V3; the times are during US and Europe daylight hours (www.reuters.com)
2025-2-27 Europe

Alibaba releases Wan 2.1, a family of open-source AI models for generating images and videos, available globally on Alibaba Cloud's ModelScope and HuggingFace (www.reuters.com)
2025-2-26 Alibaba AI

Sources: DeepSeek, which planned to release R2 in May, now wants it out as early as possible; DeepSeek's owner High-Flyer built a ~10K A100 GPU cluster in 2021 (www.reuters.com)
2025-2-26

A US district judge rules Trump Media and Rumble do not need to remove US-based accounts of a top Jair Bolsonaro supporter, despite a Brazilian judge's order (www.reuters.com)
2025-2-26 Trump Brazil

A US judge says Meta must face a potential class action lawsuit claiming it prefers cheaper foreign workers over US citizen job applicants, citing Meta's stats (www.reuters.com)
2025-2-26

Sources: Tencent, Alibaba, ByteDance, and other Chinese companies are ramping up orders for Nvidia's H20 AI chip due to booming demand for DeepSeek's models (www.reuters.com)
2025-2-25 China Alibaba AI Tencent Nvidia

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