Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company…
Technology
German family-owned Schmid Group aims for SPAC listing on NYSE
By Emma-Victoria Farr FRANKFURT (Reuters) – Germany’s Schmid Group said on Wednesday it plans to list in New York via…
HP Enterprise shares fall as dull forecast fuels fears of slowing demand
By Samrhitha A (Reuters) – Shares of Hewlett Packard Enterprise Co slumped more than 10% on Wednesday as its lackluster…
AI boom triples valuation of Lightmatter, US startup using light for computing
By Jane Lanhee Lee OAKLAND, California (Reuters) – Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday…
Private astronaut crew, including first Arab woman in orbit, returns from space station
By Steve Gorman (Reuters) -An all-private astronaut team of two Americans and two Saudis, including the first Arab woman sent…
Toyota says some customers in Asia, Oceania face risk of data leak
By Daniel Leussink TOKYO (Reuters) – Toyota Motor Corp said on Wednesday that information on customers in some countries in…
EV maker Faraday Future launches limited edition FF 91 2.0 for $309,000
(Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric launched its limited edition FF 91 2.0 Futurist Alliance vehicle…
China’s Baidu launches $145 million venture capital AI fund
SHANGHAI (Reuters) – Chinese search giant Baidu Inc will set up a venture capital fund of 1 billion yuan ($145…
Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI (Reuters) – Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server…
Deepfaking it: America’s 2024 election collides with AI boom
(Note: Strong language in paragraph 10) By Alexandra Ulmer and Anna Tong (Reuters) – “I actually like Ron DeSantis a…