Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions
June 3 (Reuters) - Alphabet has increased the size of its equity offerings to $84.75 billion, in a sign of strong investor appetite for big tech companies as they expand their AI infrastructure and co...
Thomson Reuters Jun 03, 2026
SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says
By Kanchana Chakravarty June 3 (Reuters) - SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's satellite broadband unit Starlink expands, Oppenheimer said...
Thomson Reuters Jun 03, 2026
AI to double data centre power and water consumption by 2030, UN researchers say
SINGAPORE, June 3 (Reuters) - Data centres are expected to consume twice as much power and water by 2030 as they expand to meet the surge in demand from artificial intelligence, U.N. researchers said ...
Thomson Reuters Jun 03, 2026
Meta enters enterprise AI race with new business agent
By Katie Paul LONDON, June 3 (Reuters) - Meta Platforms on Wednesday unveiled an artificial intelligence agent aimed at helping businesses carry out day-to-day operations, positioning the social media...
Thomson Reuters Jun 03, 2026
US FDA to review AI-based tool to predict drug-related liver damage
June 3 (Reuters) - The U.S. FDA's Center for Drug Evaluation and Research said on Wednesday it has accepted a letter of intent for an artificial intelligence-based drug development tool designed to he...
Thomson Reuters Jun 03, 2026
AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns
By Kanishka Ajmera and Aditya Soni June 3 (Reuters) - Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from sm...
Thomson Reuters Jun 03, 2026
EU plans energy standards for data centres amid concerns over soaring power use
By Kate Abnett BRUSSELS, June 3 (Reuters) - The European Union will develop minimum energy-efficiency standards for data centres, it said on Wednesday, as concerns grow over their rapidly rising power...
Thomson Reuters Jun 03, 2026
EU targets Big Tech dependence with 'made-in-Europe' drive
By Foo Yun Chee BRUSSELS, June 3 (Reuters) - The European Commission proposed laws on Wednesday to boost domestic cloud, AI and semiconductor industries and cut reliance on U.S. Big Tech, defying U.S....
Thomson Reuters Jun 03, 2026
AlphaSense nearly doubles valuation to $7.5 billion in new funding round
June 3 (Reuters) - Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its funding round two years ago. The round...
Thomson Reuters Jun 03, 2026
EU Parliament to switch to French search engine from Google in tech sovereignty push
By Foo Yun Chee BRUSSELS, June 3 (Reuters) - The European Parliament will switch to French search engine Qwant from Google, it said on Wednesday, underscoring Europe's push to reduce its reliance on U...
Thomson Reuters Jun 03, 2026
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