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

Aug 12 (Reuters) - Coherent beat estimates for fourth-quarter earnings on Wednesday and forecast first-quarter revenue and profit above analysts' expectations, betting on strong demand for its data ce...

By Juby Babu Aug 12 (Reuters) - Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue...

By Anhata Rooprai and Max A. Cherney Aug 12 (Reuters) - AI chip designer Cerebras Systems slumped 16% in extended trading on Wednesday after missing quarterly revenue estimates, suggesting that Wall S...

By Kenrick Cai SAN FRANCISCO, Aug 12 (Reuters) - Google co-founder Sergey Brin in recent months has urged key AI staff to go all in on the company's Gemini model as parent Alphabet seeks to close the ...

Aug 12 (Reuters) - Swedish vibe-coding startup Lovable said on Wednesday it raised $400 million in Series C funding at a $13.3 billion valuation, double its valuation from December. Menlo Ventures and...

Aug 12 (Reuters) - AI code review startup CodeRabbit said on Wednesday it had raised $143 million in a funding round that valued it at $1.5 billion. The round was co-led by Atomico and Smash Capital, ...

SYDNEY, Aug 12 (Reuters) - Australia raised the number of deals large tech firms must strike with local news outlets under a revamp of its media licensing laws introduced to parliament on Thursday, th...

By Utkarsh Shetti Aug 12 (Reuters) - Goldman Sachs will acquire exchange-traded funds provider Neos Investments for as much as $2.25 billion, as the investment bank looks to bolster its presence in ac...

By Rashika Singh Aug 12 (Reuters) - Nebius beat quarterly revenue estimates on Wednesday as booming demand for AI infrastructure helped it land larger contracts and increase prices, sending shares of ...

Aug 12 (Reuters) - Standard Chartered's joint venture Anchorpoint Financial said on Wednesday it had begun the first phase of the rollout of its Hong Kong dollar-backed stablecoin, offering limited ac...