Articles from www.reuters.com

Articles from www.reuters.com

China's commerce ministry warns of global chip shortages due to “new conflicts” between Dutch chipmaker Nexperia and its Chinese subsidiary (www.reuters.com)
1 day ago China Netherlands

Pentagon names ex-DOGE employee Gavin Kliger as Chief Data Officer to lead its AI efforts; Kliger previously reposted white supremacist Nick Fuentes' content (www.reuters.com)
2 days ago AI Pentagon

Robinhood debuts its $658.4M venture fund on the NYSE, pricing the IPO at $25 per share, offering retail investors access to private companies like Databricks (www.reuters.com)
2 days ago IPO Retail

US federal regulators say banks don't need extra capital against losses when dealing with blockchain-based securities, calling their rules “technology neutral” (www.reuters.com)
2 days ago Blockchain

Revolut, which has about 70M clients in 40 markets, applies for a US bank charter and appoints former Visa executive Cetin Duransoy as its new US CEO (www.reuters.com)
3 days ago

China's new five-year plan introduces an “AI+ action plan”, mentions AI over 50 times, and outlines investments in quantum computing, 6G, embodied AI, and more (www.reuters.com)
3 days ago China AI Quantum

Meta agrees to allow rival “general purpose AI chatbots” access to WhatsApp in Europe for a 12-month period to avoid potential interim measures from the EU (www.reuters.com)
3 days ago Europe AI chatbot WhatsApp

Staff memo: Alibaba says it is setting up a new task force to accelerate foundation AI model development, after the resignation of Qwen AI head Lin Junyang (www.reuters.com)
3 days ago Alibaba AI

Google, Microsoft, Meta, Amazon, OpenAI, and others sign a pledge at the White House to bear the cost of new electricity generation to power their data centers (www.reuters.com)
4 days ago Google Amazon Microsoft

Sources: some investors push Anthropic to de-escalate its DOD dispute, worried about the “supply-chain risk” designation ; Anthropic and DOD continue some talks (www.reuters.com)
4 days ago

Sources: Walmart-backed PhonePe targets an up to $10.5B valuation in its Indian IPO; PhonePe raised $600M from General Atlantic at a $14.5B valuation in October (www.reuters.com)
4 days ago India IPO Walmart

An OpenAI spokesperson says Sam Altman misspoke in saying OpenAI was looking to deploy on NATO classified networks, and that it was for “unclassified networks” (www.reuters.com)
4 days ago

Lockheed Martin to follow US federal ban on Anthropic, as government contracting attorneys say defense contractors are expected to comply with the DOD's order (www.reuters.com)
5 days ago Ban

Intel says board chair Frank Yeary, who has served on the board since 2009, will retire after Intel's annual meeting in May and be replaced by Craig Barratt (www.reuters.com)
5 days ago Intel

Ziff Davis agrees to sell its Connectivity division, including Ookla and Downdetector, to Accenture for $1.2B in cash, to focus on enthusiast websites like IGN (www.reuters.com)
5 days ago

The US Treasury Department, State Department, and federal housing agency are ending use of Anthropic products; State Department says it will switch to OpenAI (www.reuters.com)
6 days ago Real Estate

Filing: PayPay is seeking to raise up to $1.1B at a valuation of up to $13.4B in its US IPO, selling nearly 55M shares priced between $17 and $20 apiece (www.reuters.com)
6 days ago IPO

Sources: SoftBank-owned Japanese payments app PayPay delays its IPO roadshow that was scheduled to launch Monday, as markets were rattled by the strikes in Iran (www.reuters.com)
6 days ago Japan IPO Iran

SCOTUS declines to hear a dispute over copyrights for AI-generated material, in a case where a computer scientist was denied a copyright for AI-generated art (www.reuters.com)
6 days ago AI

Nvidia says it plans to invest $2B each in photonic product makers Lumentum and Coherent to support the companies' R&D and manufacturing operations in the US (www.reuters.com)
6 days ago Manufacturing Nvidia

ASML CTO Marco Pieters says ASML plans to expand beyond EUV into advanced packaging, bonding, and connecting, and is building AI-based machine inspection tools (www.reuters.com)
6 days ago AI

AWS said objects struck one of its data centers in the UAE, impacting its mec1-az2 availability zone, and that connectivity will take several hours to restore (www.reuters.com)
7 days ago

Australia's eSafety Commissioner threatens action against app stores and search engines if AI services operating in Australia don't verify user ages by March 9 (www.reuters.com)
7 days ago Australia AI

Coupang reports Q4 revenue up 11% YoY to $8.8B, below $8.9B est., and a net loss of $26M, versus $131M net profit in Q4 2024, hurt by fallout from a data breach (www.reuters.com)
8 days ago 4Q

A federal judge issues a preliminary injunction blocking Virginia from enforcing a new law restricting children's social media use, on First Amendment grounds (www.reuters.com)
9 days ago Virginia

TikTok returns to Albania after a year-long ban, ostensibly linked to the death of a teenage boy, expired; Albania says TikTok has tightened safety measures (www.reuters.com)
9 days ago Ban

Tether says it has frozen $4.2B of its crypto token over links to “illicit activity”, including $3.5B since 2023 and $61M linked to pig-butchering scams (www.reuters.com)
9 days ago

California DMV records show Tesla has logged zero autonomous test miles on the state's roads since 2019, despite Musk's claims of an imminent CA robotaxi launch (www.reuters.com)
9 days ago Tesla California

Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B (www.reuters.com)
10 days ago 4Q

Duolingo reports Q4 revenue up 35% YoY to $282.9M, forecasts FY 2026 bookings below est. as it shifts focus to faster user growth; DUOL drops 20%+ after hours (www.reuters.com)
10 days ago 4Q

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