Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Elon Musk's xAI in talks to raise funding valuing it at $40 billion, WSJ reports
(Reuters) -Elon Musk's AI startup xAI is in talks with investors for a funding round that would value the company at around $40 billion, the Wall Street Journal reported on Tuesday, citing people fami...
Thomson Reuters Oct 29, 2024
Exclusive-OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
By Krystal Hu, Fanny Potkin and Stephen Nellis (Reuters) - OpenAI is working with Broadcom and TSMC to build its first in-house chip designed to support its artificial intelligence systems, while addi...
Thomson Reuters Oct 29, 2024
Crypto firm Consensys cuts 20% of workforce amid macroeconomic, regulatory headwinds
(Reuters) - Cryptocurrency firm Consensys said on Tuesday it would cut 20% of its total workforce, citing broader macroeconomic pressures and ongoing regulatory challenges facing the industry. Crypto ...
Thomson Reuters Oct 29, 2024
Elon Musk: 10 billion humanoid robots by 2040 at $20K-$25K each
CAIRO (Reuters) - By 2040, there will be at least 10 billion humanoid robots priced between $20,000 and $25,000, Elon Musk said at the 8th Future Investment Initiative conference, which began on Tuesd...
Thomson Reuters Oct 29, 2024
Brazil crypto imports surge 60.7% through September, exceeding 2023 total
By Marcela Ayres BRASILIA (Reuters) - Brazil's net imports of crypto assets in the nine months through September 2024 increased by 60.7% over the same period last year, already exceeding the full-year...
Thomson Reuters Oct 29, 2024
Indian IT products distributor Redington's profit falls on subdued demand in some markets
BENGALURU (Reuters) - Indian IT products distributor Redington reported a 3.5% fall in second-quarter profit on Tuesday, hurt by slowdown in demand for personal computers and phones in some of its int...
Thomson Reuters Oct 29, 2024
Coframe raises $9 million for websites that optimize themselves using AI
By Anna Tong SAN FRANCISCO (Reuters) - Coframe, an artificial intelligence startup focused on website optimization, said on Tuesday it raised $9.3 million in seed funding. The round was co-led by Khos...
Thomson Reuters Oct 29, 2024
SoftBank's Son says artificial super intelligence to exist by 2035
By Anton Bridge TOKYO (Reuters) - SoftBank Group CEO Masayoshi Son reiterated his belief in the coming of artificial super intelligence (ASI) on Tuesday, saying it would require hundreds of billions o...
Thomson Reuters Oct 29, 2024
European car safety agency snubs BYD's Atto 3 driver assistance system
MILAN (Reuters) - Europe's car safety agency has issued a "not recommended" rating to the driver assistance system used in BYD's Atto 3 EV, dealing a blow to the Chinese automaker as it strives to exp...
Thomson Reuters Oct 29, 2024
Zebra Technologies raises Q4 profit forecast on strong demand and cost savings
(Reuters) - Barcode scanner maker Zebra Technologies forecast its fourth-quarter profit above Wall Street estimates on Tuesday, betting on stable demand for its products and as cost cuts pay off. Shar...
Thomson Reuters Oct 29, 2024
Thu Aug 13
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