Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Baidu CEO says more AI spend still needed despite DeepSeek's success
BEIJING (Reuters) - Investment in data centres and cloud infrastructure is still needed despite DeepSeek challenging the cost efficiency of large AI models, Baidu CEO Robin Li said on Tuesday. "The in...
Thomson Reuters Feb 11, 2025
ams OSRAM says muted auto demand to hit Q1 sales, sees better 2nd half of 2025
(Reuters) -Austrian sensor maker ams OSRAM on Tuesday forecast first quarter revenue below or in line with last year's number due to muted demand for its automotive semiconductors, but said it saw rec...
Thomson Reuters Feb 11, 2025
Europe looks to embrace AI at Paris summit's 2nd day while global consensus unclear
By Jeffrey Dastin and Elizabeth Howcroft (Reuters) - World leaders gathered on Tuesday for the second day and plenary session of the Paris summit on artificial intelligence, as U.S. willingness to sig...
Thomson Reuters Feb 10, 2025
OpenAI CEO says board will reject Musk's $97 billion offer, the Information reports
(Reuters) - OpenAI CEO Sam Altman told staff in a message that the company's board of directors intends to make clear it has no interest in Elon Musk's "supposed bid", the Information reported on Mond...
Thomson Reuters Feb 10, 2025
Tesla's Shanghai megapack battery plant launches production, Xinhua says
BEIJING (Reuters) - Tesla's battery megafactory in Shanghai, for manufacturing its megapack batteries, has launched production on Tuesday, Chinese official news agency Xinhua said. (Reporting by Liz L...
Thomson Reuters Feb 10, 2025
Elon Musk-led group makes $97.4 billion bid for control of OpenAI, WSJ reports
(Reuters) -A consortium of investors led by billionaire Elon Musk is offering $97.4 billion to buy the nonprofit that controls artificial intelligence startup OpenAI, the Wall Street Journal reported ...
Thomson Reuters Feb 10, 2025
FTC hires Heritage Foundation policy alum as tech chief
By Jody Godoy (Reuters) - The U.S. Federal Trade Commission has named a former tech policy researcher from the conservative Heritage Foundation as its chief technology officer. Jake Denton, who gradua...
Thomson Reuters Feb 10, 2025
Emerson says $265 per-share bid for Aspen is 'best and final'
(Reuters) - Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its "best and final" price. The announcement comes days after activist investor Elliott Manage...
Thomson Reuters Feb 10, 2025
AI chip startup Groq secures $1.5 billion commitment from Saudi Arabia
(Reuters) - Semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country. Groq, founded by a form...
Thomson Reuters Feb 10, 2025
Macron promotes France's electric-powered AI
PARIS (Reuters) - French President Emmanuel Macron declared on Monday that France was in the race for artificial intelligence and called on attendees at the AI Action Summit in Paris to choose Europe ...
Thomson Reuters Feb 10, 2025

