Wearables

Chinese smart glasses firms eye overseas conquest

In China, AI glasses let the wearer pay in shops with just a glance at a QR code and a voice command, as a growing number of companies look to conquer both growing domestic and overseas markets.

Technology

OpenAI agrees to acquire AI startup Neptune to boost model training capabilities

Dec 3 (Reuters) - OpenAI has agreed to acquire Neptune, a startup that provides tools that help companies track their AI model training, the ChatGPT maker said on Wednesday.

Smartphones

A smartphone before age 12 could carry health risks, study says

Researchers found higher rates of depression, poor sleep and obesity among tweens who had early access to a cellphone.

Technology

Australia's Optus restores nbn services across Brisbane, parts of Queensland after outage

Dec 4 (Reuters) - Australian telecom company Optus has fully restored its National Broadband Network (nbn) services in Brisbane and other affected areas of Queensland following a recent outage, a company spokesperson said on Thursday.

Technology

Intel says it will keep networking and communications unit

Dec 3 (Reuters) - Intel said on Wednesday it has opted to keep its networking and communications unit in the company following a review of strategic options for the unit.

Technology

Fintech firm Marquis notifies affected business after ransomware breach

Dec 3 (Reuters) - Fintech firm Marquis is notifying U.S. banks and credit unions after an August ransomware attack allowed hackers to access files containing customer data, according to a company filing on Tuesday.

Technology

Amazon adds news tab to Prime Video in user expansion push

Dec 3 (Reuters) - Amazon.com said on Wednesday it is rolling out a dedicated news tab on its Prime Video streaming service, which will become available to all U.S. customers for free by the end of the year.

Technology

Trump met with Nvidia CEO Jensen Huang on export controls, source says

Dec 3 (Reuters) - U.S. President Donald Trump met with chip giant Nvidia's CEO Jensen Huang on Wednesday to discuss export controls, a source familiar with the matter told Reuters. 

Technology

Apple's longtime design executive Alan Dye to join Meta

Dec 3 (Reuters) - Meta Platforms has hired Alan Dye, Apple's longtime head of human interface design, a spokesperson for Apple confirmed on Wednesday, as the Facebook owner accelerates efforts to build AI-powered consumer devices.

Technology

Citadel debuts new AI tool for equities investors, CTO Subramanian says

NEW YORK, Dec 3 (Reuters) - Citadel, the hedge fund founded by billionaire Ken Griffin, has launched a new artificial intelligence-powered tool that aims to help investors conduct research on stocks faster and more efficiently, the firm's chief technology officer said on Wednesday.

Technology

Barclays exec says top five tech firms could need $100 billion in funding next year

NEW YORK, Dec 3 (Reuters) - The funding needs of the top five U.S. technology firms could reach almost $100 billion in 2026, Meghan Graper, global head of debt capital markets at Barclays, said on Wednesday at a Reuters NEXT panel.

Technology

Micron to exit consumer memory business amid global supply shortage

Dec 3 (Reuters) - Memory chipmaker Micron Technology said on Wednesday it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence data centers amid a global supply shortage of the essential semiconductors.

Technology

Russia blocks access to US children's gaming platform Roblox

Dec 3 (Reuters) - Russia has blocked access to the U.S. children's gaming platform Roblox, accusing it of distributing extremist materials and "LGBT propaganda".

Technology

Microsoft lowers AI software sales quota as customers resist new products, The Information reports

Dec 3 (Reuters) - Multiple divisions at Microsoft have lowered sales growth targets for certain artificial intelligence products after many sales staff missed goals in the fiscal year that ended in June, The Information reported on Wednesday.

Technology

AI-powered security firm Verkada valued at $5.8 billion in latest investment round

Dec 3 (Reuters) - Verkada was valued at $5.8 billion in its latest investment round led by CapitalG, more than a billion dollars higher than its previous round in February, the AI-based security products maker said on Wednesday.

Technology

FDA scrutiny of WHOOP signals challenges for niche wearable device makers

(Corrects dateline to Dec 3)

Technology

LSEG to integrate financial data into ChatGPT in AI push

Dec 3 (Reuters) - LSEG will integrate its financial data and analytics into ChatGPT and make OpenAI's enterprise tool available to its employees, it said on Wednesday, deepening its push to embed artificial intelligence across financial markets.

Technology

AI companies' safety practices fail to meet global standards, study shows

Dec 3 (Reuters) - The safety practices of major artificial intelligence companies, such as Anthropic, OpenAI, xAI and Meta, are "far short of emerging global standards," according to a new edition of Future of Life Institute's AI safety index released on Wednesday.

Technology

Marvell shares soar as chipmaker boosts its AI drive with Celestial deal

Dec 3 (Reuters) - Marvell Technology jumped 9.3% to a nine-month high on Wednesday after its $3.25 billion deal to acquire semiconductor startup Celestial AI bolstered investor confidence in the chipmaker's push into next-gen AI infrastructure.

Technology

WLF to launch real-world asset products in January, co-founder says

DUBAI, Dec 3 (Reuters) - World Liberty Financial, a crypto venture backed by U.S. President Donald Trump's family, will launch its suite of real-world asset products at the beginning of the first quarter in January, co-founder Zach Witkoff announced on Wednesday during an event in Dubai.