Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Factbox-Major AI offerings at a glance
July 8 (Reuters) - OpenAI will launch GPT-5.6, its most advanced AI model, on Thursday after a delay prompted by U.S. government concerns over the potential national security risks posed by increasing...
Jul 08, 2026
China's Nexchip to raise $890 million in Hong Kong share sale
By Rajasik Mukherjee July 8 (Reuters) - China's Nexchip Semiconductor said on Wednesday it aims to raise around HK$6.98 billion ($890.37 million) in its Hong Kong share sale by pricing the offering at...
Jul 08, 2026
Bezos' Blue Origin raises first outside funding at $130 billion valuation, NYT DealBook reports
July 8 (Reuters) - Rocket maker Blue Origin is raising $10 billion at a pre-money valuation of $130 billion, the New York Times DealBook reported on Wednesday, marking the first effort by Jeff Bezos' ...
Jul 08, 2026
Allianz to cut up to 1,800 jobs due to increasing AI use
July 8 (Reuters) - Allianz's travel insurance division will cut up to 1,800 jobs due to the growing use of AI, said Tomas Kunzmann, CEO of Allianz Partners, on Tuesday evening, confirming an earlier R...
Jul 08, 2026
AI chip startup SambaNova valued at $11 billion in $1 billion funding round
July 8 (Reuters) - AI chip startup SambaNova said on Wednesday it has raised $1 billion in a late-stage funding round led by General Atlantic at an $11 billion post-money valuation. The company makes ...
Jul 08, 2026
Big Tech joins Calgary Stampede oil bash, as Canada courts data centers
By Amanda Stephenson CALGARY, July 8 (Reuters) - Big Tech has joined the party at the Calgary Stampede, a sign of growing interest in Canada from U.S.-based hyperscalers as the province of Alberta cou...
Jul 08, 2026
From space rocks to smartwatches, AI millionaires rewrite the luxury playbook
By Danielle Kaye and Alessandro Parodi NEW YORK, July 8 (Reuters) - Sitting on roughly $3.5 million in SpaceX shares, Chip, a former data scientist at Elon Musk's aerospace behemoth, has recently boug...
Jul 08, 2026
French antitrust watchdog orders Meta to resume talks with media groups over publishing fees
(Corrects to "unpaid fees" from "fine" in paragraph 11) By Forrest Crellin PARIS, July 8 (Reuters) - France's competition authority on Wednesday ordered Meta Platforms to put forward a payment plan an...
Jul 08, 2026
Apple loses challenges against EU rules to curb Big Tech
By Foo Yun Chee BRUSSELS, July 8 (Reuters) - Apple lost its challenge on Wednesday against landmark EU rules that designate its app stores and operating system iOS as gatekeepers subject to obligation...
Jul 08, 2026
South Korean AI chip startup Rebellions targets IPO next year
By Hyunjoo Jin SEOUL, July 8 (Reuters) - South Korean AI chip startup Rebellions aims to list its shares on the Korean market in the first half of next year, followed by a potential listing in the Uni...
Jul 08, 2026
