Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Symbolica raises $31 million to develop AI systems to compete with OpenAI
By Anna Tong SAN FRANCISCO (Reuters) - - Artificial intelligence startup Symbolica, which develops foundation models to compete with ChatGPT creator OpenAI, announced a $31 million series A funding ro...
Apr 09, 2024
Google unveils Arm-based data center processor, new AI chip
By Max A. Cherney SAN FRANCISCO (Reuters) - Google on Tuesday revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based based central processor....
Apr 09, 2024
Italy drafts tough penalties for AI-related crimes
By Elvira Pollina and Angelo Amante MILAN/ROME (Reuters) -Italy's government is mulling tougher penalties for crimes using Artificial Intelligence (AI) tools including market rigging and money launder...
Apr 09, 2024
Microsoft to invest $2.9 billion to boost AI business in Japan - Nikkei
TOKYO (Reuters) - Microsoft Corp will invest about $2.9 billion over the next two years to boost its artificial intelligence (AI) business in Japan, the Nikkei newspaper reported on Tuesday citing the...
Apr 09, 2024
Israel cyber firm Claroty eyes 2025 US IPO at $3.5 billion value, report says
By Steven Scheer JERUSALEM (Reuters) - Israeli cyber security startup Claroty is preparing a possible U.S. initial public offering in 2025 at a valuation of $3.5 billion, the Calcalist financial daily...
Apr 09, 2024
Siemens extends contract of CEO Busch for 5 years
ZURICH (Reuters) -Siemens has extended the contract of Chief Executive Roland Busch for another five years, the German engineering and technology group said on Tuesday. Busch, who has led Siemens sinc...
Apr 09, 2024
Atos says it needs 600 million euros of cash for 2024-2025 as part of refinancing
(Reuters) -France's struggling IT consulting firm Atos on Tuesday said it needs 600 million euros ($651 million) of cash to fund its business in 2024 and 2025, as it laid out the parameters of the ref...
Apr 09, 2024
Analysis-And Action! Amazon leans into video in emerging Europe's online marketplace fight
By Anna Koper and Michael Kahn WARSAW/PRAGUE (Reuters) - Amazon and Temu are taking different tacks to challenge Poland's online marketplace leader Allegro, with the U.S. e-commerce giant leaning into...
Apr 09, 2024
Malaysia reports increase in requests to restrict social media content
KUALA LUMPUR (Reuters) - Malaysia urged Facebook operator Meta and short video service TikTok to step up monitoring on their platforms, it said on Tuesday, with the government reporting sharp increase...
Apr 09, 2024
South Korea to invest $7 billion in AI in bid to retain edge in chips
SEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence by 2027 as part of efforts to retain a leadin...
Apr 09, 2024
