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Technology
Nintendo shares slide 11% as Switch 2 momentum fears grow
(Refiles to fix Reuters Instrument Code)
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Social media
A social network for AI bots only. No humans allowed.
A new website called Moltbook has become the talk of Silicon Valley and a Rorschach test for belief in the state of artificial intelligence.
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Technology
Nvidia nears deal to invest $20 billion in OpenAI funding round, source says
Feb 3 (Reuters) - Nvidia is nearing a deal to invest roughly $20 billion in OpenAI as part of its latest funding round, a person familiar with the matter told Reuters on Tuesday.
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Technology
Match Group forecasts upbeat revenue as turnaround gains traction
Feb 3 (Reuters) - Tinder parent Match Group forecast first-quarter revenue above estimates, signaling early gains from its turnaround push, sending its shares up about 12% in extended trading.
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Technology
Musk loses bid to dismiss SEC lawsuit over Twitter stake
Feb 3 (Reuters) - A federal judge on Tuesday rejected Elon Musk's bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022.
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Technology
US files appeal in Google search antitrust case
WASHINGTON, Feb 3 (Reuters) - The U.S. government and a majority of U.S. states on Tuesday will appeal the outcome of a landmark antitrust case against Alphabet's Google, according to court papers.
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Technology
ChatGPT back up after a brief outage, Downdetector shows
Feb 3 (Reuters) - ChatGPT was back online after a brief outage for thousands of users in the U.S. on Tuesday, according to outage tracking website Downdetector.com.
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Technology
Take-Two raises annual bookings forecast, sticks with 'GTA VI' November launch
Feb 3 (Reuters) - Take-Two Interactive raised its annual bookings forecast on Tuesday, betting on strong sales of its premium sports, action and mobile titles as it gears up to launch the highly anticipated "Grand Theft Auto VI" on November 19.
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Technology
Nvidia will consider investing in OpenAI IPO, CEO Huang tells CNBC
Feb 3 (Reuters) - Nvidia will consider investing in OpenAI's next fundraising round and in the startup's eventual IPO, CEO Jensen Huang told CNBC in an interview on Tuesday.
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Technology
OpenAI CEO Altman dismisses Moltbook as likely fad, backs the tech behind it
Feb 3 (Reuters) - OpenAI CEO Sam Altman on Tuesday played down the viral AI social network Moltbook as a likely fad, but he said the technology that let bots act on their own offered a glimpse of the future.
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Technology
Intel CEO says company will make GPUs, popularized by Nvidia
SAN FRANCISCO, Feb 3 (Reuters) - Intel CEO Lip-Bu Tan on Tuesday said the company plans to build graphics processing units (GPUs), the category of chip popularized by Nvidia.
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Technology
Alphabet plans major India expansion as US tightens visa rules, Bloomberg News reports
Feb 3 (Reuters) - Google-parent Alphabet is planning to dramatically expand its presence in India, with the possibility of taking millions of square feet in new office space in Bengaluru, India's tech hub, Bloomberg News reported on Tuesday.
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Technology
Blackstone's Gray says AI disruption risk is 'top of the page' for us
WEST PALM BEACH, Florida, Feb 3 (Reuters) - Disruption to businesses from artificial intelligence development is "top of the page" for Blackstone, the world's largest alternative asset manager, its president and chief operating officer Jon Gray said on Tuesday.
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Technology
German voice actors boycott Netflix over AI training concerns
BERLIN, Feb 3 (Reuters) - German voice actors have launched a grassroots boycott against Netflix over a contract clause that allows the streaming platform to use their recordings for AI training, a spokesperson for the VDS voice actors' association told Reuters.
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Technology
Palantir rallies after bumper quarter fueled by US defense spending
Feb 3 (Reuters) - Shares of Palantir Technologies jumped 6.9% in early trading on Tuesday as investors bet on the company's military-grade AI tools and services after it reported a surge in quarterly sales, boosted by rising U.S. defense spending.
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Technology
White House meeting fails to resolve US crypto legislation stalemate
Feb 3 (Reuters) - A White House meeting aimed at breaking a months‑long stalemate between major U.S. banks and cryptocurrency firms ended on Monday without any agreement, underscoring industry divisions that threaten progress on landmark digital‑asset legislation.
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Technology
Disney taps parks head Josh D'Amaro as CEO to lead post-Iger era
Feb 3 (Reuters) - Walt Disney on Tuesday named theme parks head Josh D'Amaro as CEO, ending years of succession uncertainty and placing a longtime insider at the helm as artificial intelligence and a wave of consolidation upend the media industry.
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Technology
Western Digital adds $4 billion to buyback plan as AI boosts memory chip sales
Feb 3 (Reuters) - Western Digital said on Tuesday its board has approved $4 billion more for share repurchases, as demand for its memory chips used in artificial intelligence servers surges.
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Technology
Greece to soon announce social media ban for children under 15, government source says
ATHENS, Feb 3 (Reuters) - Greece is "very close" to announcing a social media ban for children aged under 15, a senior government source told Reuters on Tuesday.
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Technology
Anthropic's new AI tools deepen selloff in data analytics and software stocks, investors say
NEW YORK/LONDON, Feb 3 (Reuters) - A significant selloff among U.S. and European data analytics, professional services and software companies deepened on Tuesday, with some investors pointing to a recently updated artificial intelligence chatbot by Anthropic as the main culprit.
