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Anthropic selects Nasdaq for IPO, Business Insider reports
1+ day, 44+ min ago (56+ words) WTVB Anthropic selects Nasdaq for IPO, Business Insider reports Sept 13 (Reuters) – U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company’s plans. (Reporting by Ananya…...
Michael Dell’s DFO Management nears take-private deal for Baldwin Insurance Group, FT reports
17+ hour, 54+ min ago (156+ words) Sept 13 (Reuters) – Dell CEO Michael Dell’s DFO Management is nearing a take-private deal for insurance brokerage firm The Baldwin Insurance Group, the Financial Times reported on Sunday. DFO Management is in advanced talks with Baldwin over a deal which is…...
Trump says ‘very negative forces’ raising exaggerated concerns over AI
1+ day, 2+ hour ago (307+ words) By Bo Erickson and Padraic Halpin DOONBEG, Ireland, Sept 13 (Reuters) – U.S. President Donald Trump said on Sunday a lot of “very negative forces” are bringing things up about AI that won’t happen and said that he wanted to make sure…...
Tesla signals Oct 1 launch for long-delayed Roadster
1+ day, 21+ hour ago (186+ words) Sept 12 (Reuters) – Tesla on Saturday posted a countdown on its website pointing to an October 1 launch of the Roadster, nearly a decade after the electric-vehicle maker first revealed a next-generation version of its original sports car. • Tesla posted “Go for…...
Starlink rival Eutelsat plans OneWeb expansion after €1 billion satellite order
4+ day, 50+ min ago (314+ words) Sept 10 (Reuters) – Satellite operator Eutelsat said on Thursday it will replenish and expand its OneWeb network through 2034 after the Franco-British operator signed a deal with Airbus for 229 additional low Earth orbit satellites. The new order, representing an investment of €1 billion…...
Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports
3+ day, 19+ hour ago (86+ words) WTVB Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports Sept 10 (Reuters) – The Pentagon is in talks to lend roughly $5 billion to AI cloud-computing startup Fluidstack to shore up the U.S. data-center supply chain, the…...
Oracle’s quarterly revenue beats estimates as AI boom drives cloud demand
3+ day, 20+ hour ago (403+ words) Sept 10 (Reuters) – Oracle topped Wall Street expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by strong demand for its cloud computing services from surging enterprise spending on AI. Shares of the company, which have fallen…...
House Democrat urges US action over sleeping Tesla drivers
4+ day, 35+ min ago (395+ words) WASHINGTON, Sept 10 (Reuters) – A Democratic lawmaker called on a U.S. auto safety agency on Thursday to take action to address misuse of Tesla’s Autopilot and Full Self-Driving systems, citing dozens of videos that appear to show drivers asleep or disengaged from…...
Wipro’s AI push frees capacity equivalent to 20,000 workers, CTO says
4+ day, 7+ hour ago (395+ words) By Sai Ishwarbharath B and Abhirami G BENGALURU, Sept 10 (Reuters) – Wipro’s AI initiatives have increased productivity equivalent to the output of 20,000 employees, who have since been redeployed within the Indian IT firm, its chief technology officer said. The comments come…...
Chip startup d-Matrix to use Nvidia chip-linking tech in AI servers
4+ day, 3+ hour ago (237+ words) Sept 10 (Reuters) – D-Matrix said on Thursday it will adopt Nvidia’s chip-linking technology to use the startup’s processors directly inside the semiconductor giant’s data-center systems as demand for AI intensifies. Artificial intelligence workloads have been shifting from training AI models to…...