Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Apple working on AI chips for data centers, WSJ reports
(Reuters) - Apple is developing its own chip to run artificial intelligence software in data centers, the Wall Street Journal reported on Monday, citing people familiar with the matter. Apple, which h...
May 06, 2024
Amazon to spend $9 billion to expand cloud infra in Singapore, Bloomberg News reports
(Reuters) - Amazon.com Inc. plans to spend $9 billion in expanding its cloud computing infrastructure in Singapore, Bloomberg News reported on Monday. (Reporting by Dagmarah Mackos; Editing by Rashmi ...
May 06, 2024
SoftBank leads $1 billion funding for UK self-driving startup Wayve
By Nick Carey LONDON (Reuters) - British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and la...
May 06, 2024
Palantir raises 2024 forecast on robust AI demand
By Arsheeya Bajwa (Reuters) - Data analytics firm Palantir Technologies raised its annual revenue and profit forecast and beat first-quarter sales estimates on Monday, riding on strong demand for its ...
May 06, 2024
Axon raises full-year revenue forecast on strong demand for its software products
(Reuters) - Axon Enterprise raised its full-year core profit and revenue forecast Monday, banking on strong demand for its software products and recently launched TASER 10 policing device. The company...
May 06, 2024
Lucid forecasts higher capital spend, sticks to production forecast; shares fall
(Reuters) -Lucid Group forecast higher capital expenditure this year and reiterated an annual production forecast below Wall Street targets on Monday, sending its shares down about 7% in extended trad...
May 06, 2024
Video streaming services see downloads, active users drop in April, BofA report shows
(Reuters) - Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heat...
May 06, 2024
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) - Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet's Google and OpenAI, the Information reported on Monday. The new model, internally ...
May 06, 2024
Synopsys to sell software unit to Clearlake, Francisco in $2.1 billion deal
(Reuters) -Synopsys will sell its software integrity (SIG) unit to a private equity consortium led by Clearlake Capital and Francisco Partners in a deal valued at $2.1 billion, the chip designer said ...
May 06, 2024
Robinhood Crypto gets Wells notice from US SEC
(Reuters) - Retail trading platform Robinhood Markets said on Monday its cryptocurrency trading arm received a Wells notice from the U.S. Securities and Exchange Commission (SEC) on May 4. Robinhood's...
May 06, 2024
