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Tag Archives: Reuters
India’s Reliance Retail in $1.5 billion Gulf, Singapore funds talks
Reuters exclusively reported that India’s Reliance Retail is in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for combined new investments of around $1.5 billion. The post India’s Reliance Retail in $1.5 … Continue reading
US raises concerns by Micron, Intel with China as export control meeting set to launch
Reuters was first to report U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on chipmakers Intel and Micron with Chinese Commerce Minister Wang Wentao in Beijing on Monday. The pair also discussed China’s restrictions on gallium and germanium exports … Continue reading
Disney creates task force to explore AI and cut costs
Reuters was first to report Disney’s plans to create an internal task force to exploit artificial intelligence technology to cut costs and develop new products even as it battles labor unions who are trying to limit the use of the … Continue reading
Amazon in talks to become anchor investor in Arm ahead of IPO
Reuters was first to report that Amazon.com is in talks to join other technology companies as a cornerstone investor in SoftBank Group Corp’s Arm Ltd ahead of its initial public offering (IPO). Amazon’s potential involvement in the IPO, which had … Continue reading
BYD tells India partner it wants to drop $1 billion EV investment plan
Reuters exclusively reported that China’s BYD (002594.SZ) has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi. The post BYD tells India … Continue reading
Amazon has drawn thousands to try its AI service competing with Microsoft, Google
Reuters exclusively reported that Amazon.com’s (AMZN.O) cloud division has drawn thousands of customers to try out its service vying with Microsoft (MSFT.O) and Google (GOOGL.O) in a key area of artificial intelligence. The post Amazon has drawn thousands to try … Continue reading
Insight: Race towards ‘autonomous’ AI agents grips Silicon Valley
Reuters analyzes the new wave of AI helpers with greater autonomy, powered by the latest version of the technology behind ChatGPT and its rivals. The post Insight: Race towards ‘autonomous’ AI agents grips Silicon Valley appeared first on Reuters News … Continue reading
EU regulators rebuff Meta’s offer to curb use of ad data
Reuters exclusively reported that Meta Platforms (META.O) offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave it the cold shoulder. The … Continue reading
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
Reuters analyzes chip production. The post Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy appeared first on Reuters News Agency.
Foxconn dumps $19.5 bln Vedanta chip plan in blow to India
Reuters was first to report that Taiwan’s Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi’s chipmaking plans for India. The world’s largest contract electronics maker … Continue reading