Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Oracle surges as AI demand helps reignite cloud business momentum
(Reuters) - Oracle soared 13% on Tuesday, on signs the firm was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia. The database m...
Mar 12, 2024
Intel survived bid to halt millions in sales to China's Huawei, sources say
By Alexandra Alper WASHINGTON (Reuters) - Intel has survived an effort to halt hundreds of millions of dollars' worth of chip sales to Huawei, two people familiar with the matter said, giving one of t...
Mar 12, 2024
Leonardo focuses on cybersecurity, space and AI in 5-year plan
ROME (Reuters) - Italy's Leonardo will invest in digitalisation, artificial intelligence and interconnected platforms over the next five years as it focuses on security activities, the defence group s...
Mar 12, 2024
Italian Vespa maker Piaggio launches AI-driven factory robot
(Reuters) - Vespa maker Piaggio launched on Tuesday a factory robot which uses artificial intelligence to move autonomously on pre-set routes and which can carry up to 130 kilograms. The Italian compa...
Mar 12, 2024
Australian IT firm Appen gets merger bid from US-based Innodata
(Reuters) - Australia's software firm Appen said on Tuesday it received a proposal from U.S.-based digital data solutions firm Innodata for a potential merger of the two companies in an all-stock deal...
Mar 12, 2024
Data centre firm GDS confirms investor talks on potential deals outside China
SINGAPORE (Reuters) -Chinese data centre developer and operator GDS Holdings said it had been in discussions with several private equity investors on investing in its operations outside the country. T...
Mar 12, 2024
Vehicle software supplier Applied Intuition raises $250 million at $6 billion valuation
(Reuters) - U.S.-based vehicle software supplier Applied Intuition has raised $250 million in its latest Series E funding round, valuing it at $6 billion, the company said in a statement on Tuesday. T...
Mar 12, 2024
Samsung, SK Hynix halt old equipment sales over fears of US backlash, FT reports
(Reuters) - Chipmakers Samsung Electronics and South Korea's SK Hynix Inc have stopped selling used chipmaking equipment for fear of falling foul of U.S. export controls on China and western sanctions...
Mar 11, 2024
China's Xiaomi says it will start deliveries of its first EV model on March 28
BEIJING (Reuters) - China's Xiaomi said on Tuesday it will start deliveries of its first electric vehicle (EV) model SU7 on March 28. The smartphone maker said in a Weibo post it has 59 stores in 29 c...
Mar 11, 2024
Volvo invests in, taps Breathe Battery tech for 30% faster EV charging
By Nick Carey LONDON (Reuters) - Volvo Cars has invested in UK startup Breathe Battery Technologies and will use its battery software to cut charging time for its next generation of electric vehicles ...
Mar 11, 2024
