technology
China's Xpeng Expects Quarterly Revenue to Double on Strong Demand for Its EVs
Exclusive-Arm Hires Amazon AI Exec to Boost Plans to Build Its Own Chips
US Spy Chief Gabbard Says UK Agreed to Drop 'backdoor' Mandate for Apple
Tesla Starts Taking Orders for Its New Model Y L in China From Around $47,200
Intel Gets $2 Billion Lifeline in the Form of SoftBank Equity Investment
Date: August 18, 2025
(Reuters) -SoftBank Group signed an agreement to make a $2 billion investment in American chipmaker Intel, the two companies said in a joint statement on Monday. As per the agreement, the Japanese...
BlackRock's Gip to Take Stake in Eni's Carbon Capture Business
Date: August 18, 2025
By Francesca Landini MILAN (Reuters) -U.S. asset manager BlackRock's infrastructure fund GIP has agreed to buy a 49.99% stake in Eni's carbon capture and storage business (CCUS), the Italian company...
Fulcrum's Agentic Ai: Revolutionizing $8.3 Trillion Utilities Sector
Date: August 18, 2025
Fulcrum is rewriting the rules for field operations, and the timing couldn't be better. In a world where infrastructure resilience, utility modernization, and smart data use are top priorities, Fulcrum is launching a bold new vision for "Agentic AI" that could dramatically change how critical fieldwork is done—and how it scales....
Private Equity Group Advent to Acquire U-Blox for $1.3 Billion
Date: August 17, 2025
(Reuters) -Private equity group Advent International said on Sunday it has agreed to take over Switzerland's U-Blox Holding in a cash offer worth some 1.05 billion Swiss francs ($1.30 billion). Advent...
Meta Plans Fourth Restructuring of AI Efforts in Six Months, the Information Reports
Date: August 15, 2025
(Reuters) -Meta is planning its fourth overhaul of artificial intelligence efforts in six months, The Information reported on Friday, citing three people familiar with the matter. The company is...
U-Blox Says in Talks About Takeover by Advent
Date: August 15, 2025
(Reuters) -Switzerland's U-Blox Holding, a maker of microchips and software for car navigation, said on Friday it was in talks with Advent International about being taken over by the private equity...