Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Europe to incentivise governments to buy EU-made chips by startups, document shows
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, 2026
Xpeng projects quarterly revenue below estimates on weak EV demand
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, 2026
Groq raising up to $650 million from existing investors, source says
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...
May 28, 2026
Fed's Musalem says it's risky to bet that AI will ease inflation
May 28 (Reuters) - St. Louis Federal Reserve President Alberto Musalem on Thursday offered a skeptical view of the expectation that artificial intelligence will reduce inflation by fueling a surge in ...
May 28, 2026
Anthropic to boost hiring in Europe after opening Milan office
MILAN, May 28 (Reuters) - Anthropic will continue expanding in Europe after opening its sixth office on the continent in Milan on Thursday, Chris Ciauri, managing director for international at the U.S...
May 28, 2026
China's BYD steps up assisted-driving push
BEIJING, May 28 (Reuters) - China's BYD announced new service packages aimed at encouraging more drivers to use its 'God's Eye' assisted-driving system on Thursday. The move marks the latest push by t...
May 28, 2026
Crypto companies without EU licences face prosecution, French regulator warns
By Elizabeth Howcroft PARIS, May 28 (Reuters) - France's top markets regulator warned crypto companies they could be blacklisted and sued if they do not get an EU licence to operate by end of June, as...
May 28, 2026
Nebius shares hit two-week high as former OpenAI employee's fund buys stake
By Niket Nishant May 28 (Reuters) - Nebius Group's shares climbed 9% on Thursday after a fund run by former OpenAI employee Leopold Aschenbrenner disclosed a stake in the AI infrastructure firm. The s...
May 28, 2026
CNN files lawsuit against Perplexity alleging unlawful content distribution
May 28 (Reuters) - CNN on Thursday filed a lawsuit against Perplexity in New York federal court, alleging the AI search engine provider is unlawfully distributing its copyrighted content, marking the ...
May 28, 2026
US Treasury rolls out Trump Accounts app nationwide
May 28 (Reuters) - The U.S. Department of the Treasury said on Thursday it had launched Trump Accounts on app stores nationwide, advancing a policy initiative that aims to create millions of investmen...
May 28, 2026
