Exclusive: SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
SoftBank has sold Nvidia, T-Mobile stakes to fund OpenAI commitment SoftBank could tap undrawn margin loan backed by…
Qatar bets on cheap power to catch up in Gulf AI race
Qatar seeks to catch up with Saudi Arabia, UAE in Gulf AI race Qatar’s cheaper energy, deep pockets…
US government launches campaign to hire engineers for AI, tech roles
WASHINGTON, Dec 15 (Reuters) – The U.S. government launched a campaign on Monday to hire 1,000 engineers for…
Old meets new economy: AI boom to supercharge European banks’ rally
Banks are ‘cost winners’ of AI boom, BlackRock says European banks remain undervalued, despite strong rally AI could…
Taiwan opens new cloud centre to bolster ‘sovereign AI’ effort
TAIPEI, Dec 12 (Reuters) – Taiwan President Lai Ching-te opened a new cloud computing centre on Friday equipped…
Bezos’ Blue Origin working on orbital data center technology, WSJ reports
Dec 10 (Reuters) – Jeff Bezos’ aerospace firm Blue Origin has been working for over a year on…
Adobe sees upbeat annual results on AI, design software strength
Dec 10 (Reuters) – Adobe (ADBE.O), opens new tab forecast fiscal 2026 revenue and profit above Wall Street…
Big Tech warned over AI ‘delusional’ outputs by US attorneys general
WASHINGTON, Dec 10 (Reuters) – Microsoft, Meta, Google and Apple were among the 13 companies that received a…
Indian AI royalty proposal targets data practices of OpenAI, Google
India proposes payment to content creators for AI training use AI firms should pay royalty to a centralised…
US FDA qualifies first AI tool to help speed liver disease drug development
Dec 8 (Reuters) – The U.S. Food and Drug Administration has qualified the first artificial intelligence tool designed…
Exclusive: SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources say
Item 1 of 2 A NVIDIA logo is pictured on its facility at the High-tech park at Yokne’am,…
Only a few automakers to keep up AI push, Gartner says
BERLIN, Dec 8 (Reuters) – Only a handful of automotive companies are likely to sustain ambitious artificial intelligence…