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

By Saeed Azhar and Nupur Anand NEW YORK, July 14 (Reuters) - A rush by technology companies to fund AI infrastructure is boosting dealmaking and financing activity for Wall Street, bankers said on Tue...

July 14 (Reuters) - Delivery Hero said on Tuesday it was in advanced negotiations with Uber Technologies regarding a potential takeover offer, confirming earlier media reports that the U.S. ride-haili...

HONG KONG, July 14 (Reuters) - China's ChangXin Memory Technologies (CXMT) expects to raise about 57.9 billion yuan ($8.55 billion) before any over-allotment option in its IPO on Shanghai's Nasdaq-sty...

By Echo Wang and Milana Vinn July 13 (Reuters) - Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth quarter,...

By Phoebe Seers LONDON, July 14 (Reuters) - UK banks' inability to access Anthropic's powerful AI model Mythos underscores the urgent need for Britain to build its own AI capabilities and adopt a more...

By David Shepardson and Karen Freifeld WASHINGTON, July 14 (Reuters) - A top U.S. official told Congress on Tuesday that a small number of Nvidia H200 chips, one of the company's most powerful AI chip...

July 14 (Reuters) - A unit of telecoms gear maker ZTE Corp and two other Chinese firms are among the latest entities to receive U.S. approval to purchase advanced AI chips from Nvidia and AMD, accordi...

By Daniel Wiessner July 14 (Reuters) - Twenty-six former employees of Meta Platforms have filed a lawsuit against the tech company, accusing it of using AI-powered software that disproportionately tar...

By Lawrence Delevingne BOSTON, July 14 (Reuters) - Perpetuals.com, a global fintech company, has discontinued discussions to potentially acquire part of a business closely affiliated with World Libert...

LISBON, July 14 (Reuters) - Portugal is keen to attract data centres that generate economic benefits and boost productivity and not become a dumping ground for power-hungry projects with limited retur...