Articles from www.reuters.com

Articles from www.reuters.com

Sources: ByteDance plans to develop an AI model trained primarily with Huawei Ascend 910B chips, which it already uses for less intensive inference tasks (www.reuters.com)
2024-9-30 AI

Court docs: Brazil's Supreme Court say X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil (www.reuters.com)
2024-9-29 Brazil

Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 (www.reuters.com)
2024-9-29

SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B (www.reuters.com)
2024-9-29 China Korea Taiwan

Indian food delivery company Swiggy files for an IPO in India; source: Swiggy plans to raise $1.25B at a $15B valuation (www.reuters.com)
2024-9-27 India IPO

LG Display agrees to sell its stake in its large LCD display plant in China to TCL's LCD unit CSOT for ~$1.54B; LG will now no longer make LCD panels in China (www.reuters.com)
2024-9-27 China

Blackstone confirms a £10B investment for an AI data center in northeast England; UK PM Keir Starmer says the construction will create 4,000 jobs in 2025 (www.reuters.com)
2024-9-26 AI

PayPal says it is enabling US merchants to buy, hold, and sell cryptocurrency directly from their PayPal business accounts, except in New York state at launch (www.reuters.com)
2024-9-26 New York Cryptocurrency

Sources: Sam Altman will receive equity in OpenAI for the first time, as it plans to restructure its core business into a for-profit benefit corporation (www.reuters.com)
2024-9-26 Equity

NOYB files a privacy complaint against Mozilla with the Austrian data protection authority, accusing the Firefox maker of tracking users without consent (www.reuters.com)
2024-9-25 Firefox Austria Mozilla

Source: Meta plans to launch the voices of Judi Dench, Kristen Bell, John Cena, Awkwafina, and Keegan-Michael Key for its Meta AI chatbot at Connect this week (www.reuters.com)
2024-9-24 AI chatbot

Israel Innovation Authority: since October 7, Israeli tech companies have raised $9B, third behind Silicon Valley and NYC; tech is 16% of Israel's employment (www.reuters.com)
2024-9-24 Israel

Sources: Xiaomi asked India to recall its report that found the company and Walmart's Flipkart breached competition laws, saying it contains commercial secrets (www.reuters.com)
2024-9-23 India Xiaomi Walmart

Samsung plans to invest $1.8B to build a factory in northern Vietnam to make OLED displays for cars and tech equipment; Samsung has invested $22.4B in Vietnam (www.reuters.com)
2024-9-23 Samsung Vietnam

Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover (www.reuters.com)
2024-9-21 Twitter Elon Musk

Ukraine bans the use of Telegram on official devices used by state officials, military personnel, and critical workers over fears of Russian spying (www.reuters.com)
2024-9-21 Russia Ukraine

Huawei's $2,800 Mate XT trifold phone goes on sale in China, amid analysts' supply concerns; IDC: preorders surpassed 6.5M, versus ~3.9M foldables shipped in Q2 (www.reuters.com)
2024-9-20 China

Intel says it has no plans to sell its majority stake in Mobileye; the self-driving tech company's stock, which is down 73% in 2024, jumps 13%+ (www.reuters.com)
2024-9-20 Intel

The EU's top court says Booking.com's restrictions on hotels offering lower rates on their websites or on rival sites are unnecessary and may reduce competition (www.reuters.com)
2024-9-19

Alibaba releases 100+ open-source models from its Qwen 2.5 family, its LLM released in May 2024, ranging from 0.5B to 72B parameters, and text-to-video AI tech (www.reuters.com)
2024-9-19 Alibaba AI

A UN advisory body makes seven recommendations for governing AI, including establishing a panel to provide impartial and reliable scientific knowledge about AI (www.reuters.com)
2024-9-19 AI

EU regulators say Microsoft's acquihire of Inflection's team will not be scrutinized under EU merger rules, after seven EU countries dropped their requests (www.reuters.com)
2024-9-19 Microsoft

Sources: Google tried to end an EU antitrust probe by offering to sell its ad marketplace AdX, or Ad Exchange, but European publishers rejected the proposal (www.reuters.com)
2024-9-19 Europe Google

The US plans to host the first meeting of the International Network of AI Safety Institutes in San Francisco on November 20 and 21 (www.reuters.com)
2024-9-18 AI San Francisco

The EU's General Court backs Google's challenge against the EU's €1.49B antitrust fine, imposed in 2019 for hindering rivals in online search ads (www.reuters.com)
2024-9-18 Google

Prager Metis, a former auditor for FTX, pays a $1.95M fine to settle two US SEC cases, including for alleged negligence in auditing the cryptocurrency exchange (www.reuters.com)
2024-9-18 Cryptocurrency

Sources: the US is urging Vietnam to avoid cable-laying firm HMN Technologies and other Chinese companies in Vietnam's plans for 10 new subsea cables by 2030 (www.reuters.com)
2024-9-18 China Vietnam

Neuralink says Blindsight, its experimental implant aimed at restoring vision, has received the US FDA's “breakthrough device” designation (www.reuters.com)
2024-9-18

EssilorLuxottica and Meta agree a 10-year deal to continue developing smart eyewear, after creating two generations of Ray-Ban glasses since 2019 (www.reuters.com)
2024-9-17 Ban

A look at France's LOPMI law, enacted in January 2023 to criminalize tech executives whose platforms allow illegal activities, as Pavel Durov remains on bail (www.reuters.com)
2024-9-17 France

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