Bulls jump deeper into copper amid supply challenges, AI-fueled demand
Βy Ernest Scheyder, Julian Luk, Daina Beth Solomon, Fabian Cambero, Alexander Villegas, and Divya Rajagopal SANTIAGO (Reuters) – Copper’s bull run should continue for at least the next three years,…
US, Britain announce partnership on AI safety, testing
By David Shepardson WASHINGTON (Reuters) – The United States and Britain on Monday announced a new partnership on the science of AI safety, amid growing concerns about upcoming next-generation versions.…
AI race, Apple will pay Google lots of money to get Gemini on iPhone
Apple puts artificial intelligence in the phones and Google. The possibility of integrating Gemini, Big G’s most effective Large Language Model, on the future iPhone is more than a hypothesis, according…
Telecom 2030, 5G adoption will boost by the AI
Telecom 2030: As 2030 fast approaches, the telco industry is in the midst of a transformation. What once seemed impossible now is so near and true for a different field.…
Aixtron slumps as outlook disappoints, client issues warning
By Mateusz Dobrzyniewski and Amir Orusov (Reuters) – Aixtron’s shares fell as much as 22% on Thursday after the German semiconductor tools maker forecast a 2024 margin below expectations and…
Nvidia stock surges as revenue forecast tops estimates, AI demand continues
By Arsheeya Bajwa and Max A. Cherney (Reuters) – Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering…
Microsoft to expand its AI infrastructure in Spain with $2.1 billion investment
By Juveria Tabassum (Reuters) – U.S. software giant Microsoft will expand its artificial intelligence (AI) and cloud infrastructure in Spain through an investment of $2.1 billion in the next two…
Meta adds exec from key chip partner to board
By Max A. Cherney and Stephen Nellis (Reuters) – Meta Platforms on Wednesday added Broadcom CEO Hock Tan to its board of directors, bringing on the head of a company…
Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
By Akash Sriram (Reuters) – Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company…
Arm shares surge on strong forecast of AI-fueled chip upgrades
By Stephen Nellis, Max A. Cherney and Arsheeya Bajwa (Reuters) – Arm surged more than 30% on Wednesday after the British tech company forecast quarterly sales and profit above Wall…