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

By Mike Scarcella WASHINGTON, May 28 (Reuters) - U.S. law firm Kirkland & Ellis said it is devoting $500 million of its revenue to developing a custom AI platform, accelerating a spending race on the ...

May 28 (Reuters) - Apollo Global Management and Blackstone are working to bring in additional investors for about $36 billion debt financing tied to AI startup Anthropic PBC's efforts to expand its AI...

May 28 (Reuters) - Cybersecurity company SentinelOne forecast second-quarter revenue below analysts' expectations on Thursday and said it would cut about 8% of its workforce as it looks to invest in g...

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...