Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

July 20 (Reuters) - Britain's CuspAI said on Monday it has raised $450 million from investors including the UK government and Amazon founder Jeff Bezos' investment fund, as the startup looks to discov...

By Michael Erman NEW YORK, July 20 (Reuters) - Bristol Myers Squibb said on Monday it is buying the latest-generation computing system from chip company Nvidia to support its use of artificial intelli...

July 20 (Reuters) - Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully comme...

By Caroline Valetkevitch NEW YORK, July 20 (Reuters) - Chipmakers are in focus on Wall Street, with their shares turning mercurial this month and investors banking on a few dozen newly valuable compan...

By Hannah Lang, Milana Vinn and Manya Saini July 20 (Reuters) - Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates...

By Foo Yun Chee BRUSSELS, July 20 (Reuters) - Alibaba's AliExpress was hit with a record 550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal, unsaf...

SHANGHAI, July 20 (Reuters) - An artificial intelligence-focused subsidiary of Chinese medical technology giant Shanghai United Imaging Healthcare is taking a cautious approach to deploying AI tools, ...

By Toby Sterling and Nathan Vifflin AMSTERDAM, July 20 (Reuters) - The global artificial intelligence boom has propelled ASML to the top of Europe's stock market, as soaring demand for AI computer chi...

By Samuel Shen and Kane Wu SHANGHAI/HONG KONG, July 20 (Reuters) - Chinese startup Moonshot AI has temporarily paused new subscriptions after demand for its newly launched Kimi K3 model strained capac...

July 20 (Reuters) - Blackstone has invested in Futronic, a supplier of high-precision actuators serving automotive and industrial robotics sectors, the world's largest alternative asset manager said o...