Nokia taps AI boom with $2.3 billion Infinera purchase
By Supantha Mukherjee STOCKHOLM (Reuters) – Nokia’s bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from…
Broadcom boosts revenue forecast from AI chips, unveils stock split
By Arsheeya Bajwa (Reuters) – Broadcom raised its annual forecast for revenue from chips that help in artificial intelligence work by 10% on Wednesday, and announced a stock split to…
Viridien joins forces with Ranch Computing to supercharge the digital media landscape
Viridien, formerly CGG, an advanced technology and digital company, has announced a pivotal high-performance computing (HPC) agreement with Ranch Computing, a French rendering farm based in Paris, to unlock innovation…
Apple brings ChatGPT and more AI to devices, Wall Street unimpressed
By Aditya Soni and Max A. Cherney (Reuters) – Apple unveiled a long-awaited AI strategy on Monday, integrating its new “Apple Intelligence” technology across its suite of apps including Siri…
Duke Energy inks deals with Amazon, Google, Microsoft on clean energy supply
By Laila Kearney (Reuters) – Amazon, Google and Microsoft have signed initial agreements to develop new power contract terms with electric utilities in the U.S. south aimed at lowering the…
Elon Musk plans xAI supercomputer
By Mrinmay Dey (Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a supercomputer to power the next version of…
Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad
By Stephen Nellis (Reuters) – Microsoft President Brad Smith said the tech company’s high profile deal with the United Arab Emirates-backed AI firm G42 could eventually involve the transfer of…
Microsoft offers cloud customers AMD alternative to Nvidia AI processors
By Max A. Cherney SAN FRANCISCO (Reuters) – Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete…
Qualcomm forecast beats estimates as AI drives chip sales in China
By Stephen Nellis and Arsheeya Bajwa (Reuters) – Qualcomm on Wednesday forecast quarterly sales and adjusted profit above Wall Street expectations, driven by selling more and pricier chips into Android…
UnitedHealth hackers took advantage of Citrix vulnerabilty to break in, CEO says
By Zeba Siddiqui SAN FRANCISCO (Reuters) – Hackers broke into UnitedHealth’s tech unit on Feb. 12 by exploiting a security vulnerability in software from private IT company Citrix that allows…