Articles from www.reuters.com

Articles from www.reuters.com

EA reports Q2 net bookings up 14% YoY to $2.08B vs. $2.04B est., revenue up 6%, raises its FY 2025 bookings forecast, as its American football titles outperform (www.reuters.com)
24 days ago U.S.

AMD reports Q3 revenue up 18% YoY to $6.82B, vs. $6.71B est., Data Center revenue up 122% to $3.5B, and Q4 revenue forecast below est.; AMD drops 5% after hours (www.reuters.com)
24 days ago 4Q AMD

Dozens of sources explain how Intel CEO Pat Gelsinger fumbled the company's revival, including offending TSMC with comments on Taiwan and losing a chip discount (www.reuters.com)
24 days ago Taiwan Intel

Consensys, the maker of the MetaMask crypto wallet, is cutting 162 staff, ~20% of its workforce, and notes costly fights with regulators (www.reuters.com)
24 days ago

Sources: OpenAI is working with Broadcom and TSMC to build its first in-house AI chip focusing on inference, and has scaled back its foundry ambitions (www.reuters.com)
24 days ago AI

Hurun China Rich List: ByteDance founder Zhang Yiming, who stepped down as CEO in 2021, is China's richest person at $49.3B, as ByteDance's global revenue jumps (www.reuters.com)
24 days ago China

The Biden admin finalizes rules to limit US investments in AI and other tech sectors in China that could threaten national security, effective January 2 (www.reuters.com)
25 days ago China AI

Sierra, an AI startup co-founded by OpenAI board chairman and former Salesforce co-CEO Bret Taylor, raised $175M, valuing it at $4.5B, up from ~$1B previously (www.reuters.com)
25 days ago Startup AI Salesforce

Sources: TSMC halted shipments to Chinese chip designer Sophgo, which was co-founded by Bitmain's Micree Zhan, after TSMC chips were found on Huawei AI chips (www.reuters.com)
27 days ago China AI

Delta sues CrowdStrike, saying the July 19 outage caused mass flight cancellations, disrupted travel plans of 1.3M customers, and cost the carrier over $500M (www.reuters.com)
28 days ago

Chinese self-driving firm WeRide raised $120M in its US IPO at a $4.21B valuation, and sold 7.7M shares at $15.50 a piece, the lower end of its targeted range (www.reuters.com)
28 days ago China IPO

At an event in Mumbai, Nvidia announces tie-ups with Indian companies including Reliance Industries, and launches a 4B-parameter small language model for Hindi (www.reuters.com)
29 days ago India Nvidia

Document: Guangzhou, China-based self-driving startup WeRide files for a Nasdaq IPO, planning to raise up to $119.4M (www.reuters.com)
30 days ago China IPO Startup

Hugging Face announces an open source software offering aimed at lowering costs for building chatbots and AI tools, in partnership with AWS, Google, and others (www.reuters.com)
30 days ago Google AI chatbot

Nvidia CEO Jensen Huang says a flaw in Blackwell AI chips that impacted production has been fixed with TSMC's help and the issue was “100% Nvidia's fault” (www.reuters.com)
30 days ago AI Nvidia

Qualcomm partners with Google to help automakers develop AI voice assistants and unveils two new chips to power dashboards and self-driving features (www.reuters.com)
2024-10-23 Google AI

A UK court says prominent Saudi dissident Yahya Assiri can sue Saudi Arabia in London court over claims of targeting him with NSO Group's Pegasus (www.reuters.com)
2024-10-23 Arabia London Saudi Arabia

Paytm reports Q2 net profit of ~$111M, its first-ever profit, helped by the sale of its ticketing business in August; sales were down 34% YoY to ~$197.4M (www.reuters.com)
2024-10-22

Sources: former OpenAI CTO Mira Murati is raising funds for her new startup, which aims to build AI products based on proprietary models (www.reuters.com)
2024-10-19 Startup AI

Nebius Group, previously Yandex NV, says it will resume trading on Nasdaq on October 21, after being halted following Russia's February 2022 invasion of Ukraine (www.reuters.com)
2024-10-18 Russia Ukraine

NHTSA opens a probe into Tesla's Full Self-Driving, covering 2.4M vehicles, after four reported crashes in low-visibility situations, including one fatal crash (www.reuters.com)
2024-10-18 Tesla

Government sources say India plans to limit imports of laptops, tablets, and PCs after January 2025 to push companies to increase domestic manufacturing (www.reuters.com)
2024-10-18 India Manufacturing

Sources: Samsung has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Taylor, Texas as it has yet to win any major customers (www.reuters.com)
2024-10-18 Samsung Texas

Netflix gained 5.1M new subscribers in Q3, vs. 4M est., and says more than 50% of signups were for its ad-supported tier in countries where it was available (www.reuters.com)
2024-10-18 Netflix

Chinese robotaxi firm Pony.ai files for a Nasdaq IPO, says its H1 2024 revenue nearly doubled to $24.7M with a net loss of $51.3M, down from $69.4M in H1 2023 (www.reuters.com)
2024-10-18 China IPO AI

X updates its ToS to steer any disputes by users to the US District Court for the Northern District of Texas, whose judges often favor conservative litigants (www.reuters.com)
2024-10-18 Texas

South Korea plans stronger measures to prevent leaks of advanced tech and business secrets; the NIS says there were 40 attempted chip secret leaks in five years (www.reuters.com)
2024-10-17 Korea

Robinhood launches its long-awaited desktop platform Robinhood Legend, and plans to add futures and index options trading to its mobile app in the coming months (www.reuters.com)
2024-10-17 Mobile

LatticeFlow's LLM Checker, which analyzed models from Meta, Alibaba, Mistral, Anthropic, and OpenAI against the EU's AI Act, finds some compliance issues (www.reuters.com)
2024-10-16 Alibaba AI

The Cybersecurity Association of China says Intel products sold in the country should be subject to a security review, alleging it has “constantly harmed” China (www.reuters.com)
2024-10-16 China Intel

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