AI clouds up the economic dashboard
LONDON, Nov 10 (Reuters) – The return of U.S. economic data when Washington reopens may do little to…
UK firms plan 3% pay rises in coming year, see AI hit to jobs, survey shows
LONDON, Nov 10 (Reuters) – British employers expect to raise wages by 3% in the next 12 months,…
Musk plans Tesla mega AI chip fab, mulls potential Intel partnership
Musk says ‘worth having discussions’ with Intel to make chips Massive fab needed to make the volume of…
US layoffs for October surge to two-decade high, Challenger data shows
Nov 6 (Reuters) – U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for…
World Economic Forum chief warns of three possible ‘bubbles’ in global economy
SAO PAULO, Nov 5 (Reuters) – The world should watch out for three possible bubbles in financial markets,…
AMD forecasts fourth-quarter revenue above estimates on strong AI chip demand
AMD reports adjusted gross margins of 54%, ahead of Wall Street expectations AI chip demand boosts AMD’s data…
Getty Images largely loses landmark UK lawsuit over AI image generator
LONDON, Nov 4 (Reuters) – Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI…
China offers tech giants cheap power to boost domestic AI chips, FT reports
Nov 3 (Reuters) – China has increased subsidies that cut energy bills by up to half for some…
Trump says China, other countries can’t have Nvidia’s top AI chips
Trump wants Nvidia’s advanced Blackwell chips for US companies only Nvidia has said it would supply Blackwell chips…
China’s Xi pushes for global AI body at APEC in counter to US
BEIJING, Nov 1 (Reuters) – Chinese President Xi Jinping took centrestage at a meeting of APEC leaders on…
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
Oct 30 (Reuters) – Intel (INTC.O), opens new tab is in talks to acquire artificial intelligence processor maker…
ORACLE says there is real value in AI as demand far outpaces supply
RIYADH, Oct 28 (Reuters) – Oracle(ORCL.N), opens new tab CEO Mike Sicilia said on Tuesday that he is…