Technology

Google agrees to addition privacy protections in Spirit Airlines data sale

Nov 10 (Reuters) - ⁠Alphabet's Google has agreed ⁠to additional privacy protections from ‌the acquisition of employees data from defunct Spirit Airlines, a union representing ​employees said Tuesday.

Technology

AI training startup Mercor valued at $20 billion in latest funding round

Nov 10 (Reuters) - Mercor ⁠said on Tuesday it had raised $750 million in ⁠a funding round that valued the AI ‌training startup at $20 billion.

Technology

Factbox-Amazon, Google set for big windfall from Anthropic IPO

Nov 10 (Reuters) - Amazon ⁠and Google's stakes in Anthropic could be ⁠worth a combined $411 billion if the AI ‌company prices its initial public offering at the top of its proposed range, according to Reuters calculations based on ​a filing.

Technology

Chipmakers warn AI demand is creating bottlenecks in automotive supply chain

MUNICH, Nov ⁠10 (Reuters) - Dutch chipmaker Nexperia is "totally oversubscribed" as suppliers divert manufacturing ⁠capacity toward fast-growing AI data centres and away from the ‌mature chips used in cars and industrial equipment, interim CEO Stefan Tilger told Reuters at the Electronica trade fair in Munich on Tuesday.

Technology

Amazon's Ring launches flying camera, autonomous security robot

Nov 10 (Reuters) - Amazon's ⁠Ring on Tuesday launched a new robotics ⁠business with two autonomous security products, a ‌flying indoor camera for homes and a roving security robot designed for businesses, as the company expands beyond its ​established lineup of home-security devices.

Technology

TSMC to invest up to $1 billion in Anthropic, OpenAI

TAIPEI, Nov 10 (Reuters) - TSMC plans ⁠to invest up to $1 billion across leading AI developers Anthropic ⁠and OpenAI, highlighting the Taiwanese chipmaker's confidence in long-term demand ‌for the technology even as concerns grow about soaring AI spending.

Technology

Tesla Cybertruck is EV pickup market's latest casualty

Nov 10 (Reuters) - Tesla's move to discontinue ⁠its Cybertruck next year is perhaps the highest-profile flameout in a category that automakers had once hyped: huge electric ⁠pickups.

Technology

Analysis-AI debt faces pressure as Democrats prepare to take over Congress

NEW YORK, Nov 10 (Reuters) - Bond investors are growing ⁠more cautious on debt tied to the artificial intelligence boom, highlighting concerns over the expected efforts of a Democrat-controlled Congress to slow the pace of AI ⁠investment and data center expansion.

TECH

Nvidia, Huang faces shareholder suit over ties to suspected Chinese spy

ANKARA: US chipmaker Nvidia and its CEO, Jensen Huang, face a shareholder class-action lawsuit alleging they misled investors by failing to disclose Huang's alleged relationship with a former Megaspeed executive, according to court documents filed Monday (Nov 10).

Technology

Anthropic eyes $1.4 trillion IPO valuation in test of Wall Street's AI fervor

Nov 10 (Reuters) - Anthropic's blockbuster IPO ⁠is set to give the company a valuation of up to $1.4 trillion, slightly short of some investors' expectations amid cooling AI appetite, setting up a defining test of Wall Street's faith in the ⁠boom that it helped ignite.

Internet

Japan court dismisses suit against Meta over celebrity investment scams

A Tokyo court dismissed on Nov 10 Japanese billionaire Yusaku Maezawa's lawsuit against US tech giant Meta and its Japan unit over the use of his name and image in fraudulent investment ads on their platforms.

Technology

Infineon cannot expand chip capacity alone, CEO says

MUNICH, ⁠Nov 10 (Reuters) - German chipmaker Infineon needs ⁠commitments from customers to justify further expansion ‌of its semiconductor production capacity, CEO Jochen Hanebeck said on Monday.

AI

AI was supposed to come for our jobs. So far, evidence is mixed

White collar industries that are most exposed to artificial intelligence continued to add jobs in October, although that growth has been weak.

Technology

Chipmaker Infineon forecasts strong 2027 growth on data-centre demand

BERLIN, Nov 10 (Reuters) - ⁠Infineon on Tuesday forecast 2027 revenue ⁠growth of more than 20% and ‌an increase of about 5 percentage points in profitability, driven by demand from data centres, power ​infrastructure and software-defined vehicles.

Technology

Europe can compete in robotics and physical AI, top chipmaker CEOs say

MUNICH, Nov ⁠10 (Reuters) - The CEOs of top European chipmakers Infineon, STMicroelectronics and NXP ⁠said on Monday the region was well positioned to compete ‌with the US and Asia in robotics and "physical AI", building on its traditional strengths in automotive and industrial technology.

Technology

Australia regulator rejects warning of internet safety bill chilling free speech

SYDNEY, Nov 10 (Reuters) - Australia's internet regulator ⁠on Tuesday rejected warnings from tech giants that a proposed online safety law would ⁠trigger widespread censorship by platforms anxious to avoid liability, arguing that their business ‌models incentivised them to maximise user engagement.

Video games

'Grand Theft Auto VI' is almost here. What to know about the characters, music and billions at stake

Grand Theft Auto has never been much for following the rules.

Technology

SoftBank books $7 billion quarterly loss on US data centre hit, financing costs

TOKYO, Nov 10 (Reuters) - SoftBank Group, the Japanese investment ⁠giant with big bets on AI, said on Tuesday it had swung to a second-quarter net loss of $7 billion, hit hard by hefty buildout ⁠costs for data centres in the US and increases in financing payments.

Technology

BT to hold off Starlink launch until Ukraine 'noise' dies down, CEO tells FT

Nov 10 (Reuters) - BT will ⁠not launch a partnership with Elon Musk's Starlink until the "noise" ⁠over the recent disruptions in the satellite communications system in ‌Ukraine subsides, CEO Allison Kirkby said in a Financial Times interview published on Tuesday.

Technology

Quantum could solve AI energy drain, says tech founder

Quantum computers could curb the vast energy demands of artificial intelligence data centres with their ability to run complex calculations.