Articles from www.reuters.com

Articles from www.reuters.com

New Zealand-based Xero, which offers accounting software for small businesses, agrees to acquire payments software company Melio in a $2.5B+ cash-and-stock deal (www.reuters.com)
2025-6-25 New Zealand

CareerBuilder + Monster, which once dominated the online recruitment industry, files for Chapter 11 and agrees to sell its job board operations to JobGet (www.reuters.com)
2025-6-25

Internal memo: Goldman Sachs launches a generative AI assistant firmwide to boost productivity; around 10,000 employees are already using the GS AI Assistant (www.reuters.com)
2025-6-24 AI Goldman

Decagon, which offers AI-powered customer service agents for enterprises, raised a $131M Series C co-led by Accel and a16z at a $1.5B valuation (www.reuters.com)
2025-6-24 AI

The FTC approves Omnicom's $13.5B acquisition of rival Interpublic on the condition that the new company does not boycott platforms over political content (www.reuters.com)
2025-6-24

Snowcap Compute, which is working on building AI computing chips using superconducting tech, raised a $23M seed and says Pat Gelsinger will join its board (www.reuters.com)
2025-6-24 AI

Wealthfront, which uses AI to build investment portfolios, confidentially files for a US IPO; it was valued at $1.4B in 2022 during a failed acquisition by UBS (www.reuters.com)
2025-6-24 IPO AI

A senior US official says DeepSeek is aiding China's military and intel operations, going beyond open-source AI model access, and evading US export controls (www.reuters.com)
2025-6-24 China Intel AI

Austin-based PE firm Haveli Investments agrees to acquire Couchbase, which offers a cloud database for AI applications, for about $1.5B (www.reuters.com)
2025-6-23 Database AI

Texas enacts legislation, effective September 1, requiring a permit to operate self-driving vehicles, just before Tesla's planned robotaxi trial in Austin (www.reuters.com)
2025-6-23 Tesla Autonomous Car Texas

Corporate travel and expense management service Navan, formerly known as TripActions, confidentially files for a US IPO; it was valued at $9.2B in October 2022 (www.reuters.com)
2025-6-21 IPO

Sources: Foxconn and Nvidia are in talks to deploy humanoid robots at a new Foxconn factory in Houston by Q1 2026 to produce Nvidia AI servers (www.reuters.com)
2025-6-20 AI Robot Nvidia

South Korea's SK Group and AWS will invest ~$5.1B including $4B from AWS to build a 100 MW AI data center in Ulsan by 2029, and plan to expand capacity to 1 GW (www.reuters.com)
2025-6-20 Korea AI

China's 618 mid-year shopping festival, running for a month from May 13, was a muted affair despite deep discounts, as economic concerns weigh on consumers (www.reuters.com)
2025-6-19 China

Careem, Uber's ride-hailing MENA arm, will suspend its decade-old Pakistan service on July 18, citing economic challenges, competition, and capital constraints (www.reuters.com)
2025-6-19 Uber

Bitmain, Canaan and MicroBT, which build 90%+ of crypto mining rigs, are setting up US manufacturing footholds as Trump's tariff war reshapes the supply chain (www.reuters.com)
2025-6-18 Trump Manufacturing

US appeals court rules in Apple's favor by throwing out a $300M verdict that found it infringed on Optis' wireless tech patents, sending the case to a new trial (www.reuters.com)
2025-6-18 Apple

The UK CMA launches a probe into the planned $13.25B merger of ad giants Omnicom and Interpublic to assess potential competition reduction in the UK ad market (www.reuters.com)
2025-6-16

Dealogic: tech deals accounted for $421B of the $1.67T in global deals announced in the first five months of 2025, with 75% of tech M&A involving AI software (www.reuters.com)
2025-6-15 AI

Sources: Google, Scale AI's largest customer, plans to cut ties with the company after the Meta deal; Microsoft, OpenAI, and xAI also plan to step back (www.reuters.com)
2025-6-14 Google Microsoft AI

Customs data shows Foxconn exported $3.2B worth of iPhones from India between March and May, with an average 97% to the US, up from a 2024 average of 50.3% (www.reuters.com)
2025-6-13 India

Cloud computing startup Crusoe plans to buy ~$400M worth of AI chips from AMD to rent to customers for its US data center that will come online by fall (www.reuters.com)
2025-6-13 Startup AI AMD

Mattel partners with OpenAI to create AI-powered toys and games, with the first product expected in 2025, and integrates ChatGPT Enterprise in its business (www.reuters.com)
2025-6-13 AI

Nvidia plans to build its first industrial AI cloud platform in Germany for European manufacturers, combining AI with robotics to assist carmakers like BMW (www.reuters.com)
2025-6-12 Germany Europe AI Robot Nvidia

A majority of six of the 11 judges on Brazil's Supreme Court have voted to hold social media companies liable for some types of users' content seen as illegal (www.reuters.com)
2025-6-12 Brazil

Sources: CoreWeave will provide computing capacity to Google as part of Google's cloud deal with OpenAI; Google will also supply its own compute to OpenAI (www.reuters.com)
2025-6-12 Google

Israeli data security startup Cyera raised $540M led by Georgian, Greenoaks, and Lightspeed at a $6B valuation, up from $3B in November 2024 after raising $300M (www.reuters.com)
2025-6-11 Israel Startup

Meta and TikTok challenge the EU's DSA supervisory fee, set at 0.05% of annual global net income, in the EU's General Court, arguing it is disproportionate (www.reuters.com)
2025-6-11

Sources: OpenAI plans to add Google Cloud to meet its growing needs for computing capacity, a surprising collaboration; source: the deal was finalized in May (www.reuters.com)
2025-6-11 Google

Linear, which makes software development and project planning tools that rival Atlassian's Jira, raised an $82M Series C led by Accel, valuing it at $1.25B (www.reuters.com)
2025-6-11 Atlassian

Previous Page Next Page