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

By Jaspreet Singh May 28 (Reuters) - Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is fueling demand for its AI-optimized servers that a...

By Jonathan Stempel May 28 (Reuters) - The genetics testing company 23andMe was sued on Thursday by California Attorney General Rob Bonta, over a 2023 data breach that exposed genetic and other person...

May 28 (Reuters) - Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to bolster computing capacity to meet growing demand for chatbot Claude an...

May 28 (Reuters) - AI insurance platform Corgi said on Thursday it raised $106 million in a funding round led by investment firm TCV that valued it at $2.6 billion. The funding round underscores stron...

May 28 (Reuters) - Anthropic on Thursday said it is launching an upgraded Claude Opus 4.8 model even as it works to release its powerful, market-moving Mythos model to all customers in the coming week...

By Toby Sterling AMSTERDAM, May 28 (Reuters) - A senior TSMC executive said on Thursday that surging electricity demands from AI are making energy efficiency rather than computing power the main const...

May 28 (Reuters) - Microsoft will unveil a suite of new homegrown AI models next week at its annual "Build" conference for developers in San Francisco, including a coding model to boost the usage of i...

By Foo Yun Chee BRUSSELS, May 28 (Reuters) - The European Commission wants governments to buy chips made by EU startups as it seeks to reduce Europe's reliance on U.S. and East Asian products, a docum...

May 28 (Reuters) - Electric vehicle maker Xpeng on Thursday forecast second-quarter revenue below market expectations, underscoring a prolonged slowdown in demand and stiff competition in the Chinese ...

May 28 (Reuters) - Groq is raising up to $650 million from existing investors, a source familiar with the matter told Reuters on Thursday, after the AI chip startup signed a $17 billion licensing deal...