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Image for Landmark EU tech rules holding back innovation, Google says
Finance

Landmark EU tech rules holding back innovation, Google says

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet's Google will on Tuesday warn EU antitrust regulators a...

1st July, 2025

Image for Italy's Leonardo takes a stake in Finland's SSH as European defence M&A inches forward
Finance

Italy's Leonardo takes a stake in Finland's SSH as European defence M&A inches forward

By Anne Kauranen HELSINKI (Reuters) -Italy's Leonardo will buy a 24.55% stake in Finland's SSH, maki...

1st July, 2025

Image for Musk's xAI raises $5 billion each in fresh debt and equity, Morgan Stanley says
Finance

Musk's xAI raises $5 billion each in fresh debt and equity, Morgan Stanley says

(Reuters) -Elon Musk's xAI has completed a $5 billion debt raise alongside a separate $5 billion str...

1st July, 2025

Image for OpenAI says it has no plan to use Google's in-house chip 
Headlines

OpenAI says it has no plan to use Google's in-house chip 

-OpenAI said it has no active plans to use Google's in-house chip to power its products, two days af...

30th June, 2025

Image for Meta deepens AI push with 'Superintelligence' lab, source says
Headlines

Meta deepens AI push with 'Superintelligence' lab, source says

By Jaspreet Singh (Reuters) -Meta CEO Mark Zuckerberg has reorganized the company's artificial intel...

30th June, 2025

Image for Apple weighs using Anthropic or OpenAI to power Siri in major reversal, Bloomberg News reports
Finance

Apple weighs using Anthropic or OpenAI to power Siri in major reversal, Bloomberg News reports

(Reuters) -Apple is weighing using artificial intelligence technology from Anthropic or OpenAI to po...

30th June, 2025

Image for Apple loses bid to dismiss US smartphone monopoly case
Finance

Apple loses bid to dismiss US smartphone monopoly case

(Reuters) -Apple must face the U.S. Department of Justice's lawsuit accusing the iPhone maker of unl...

30th June, 2025

Image for Europe's AI gigafactory push attracts 76 bids, EU tech chief says
Headlines

Europe's AI gigafactory push attracts 76 bids, EU tech chief says

By Foo Yun Chee BRUSSELS (Reuters) -Seventy-six companies have bid to develop Europe's artificial in...

30th June, 2025

Image for UK's Oakley Capital to sell legaltech platform vLex to Clio at $1 billion valuation
Finance

UK's Oakley Capital to sell legaltech platform vLex to Clio at $1 billion valuation

(Reuters) -British private equity firm Oakley Capital Investments said on Monday it has agreed to se...

30th June, 2025

Image for Siemens recruits artificial intelligence expert from Amazon
Finance

Siemens recruits artificial intelligence expert from Amazon

ZURICH (Reuters) -Siemens has recruited Amazon executive Vasi Philomin to its new position of head o...

30th June, 2025

Image for TomTom to cut 300 jobs amid AI shift
Finance

TomTom to cut 300 jobs amid AI shift

(Reuters) -Dutch location technology company TomTom said on Monday it would cut 300 jobs as it reali...

30th June, 2025

Image for France's Orange launches defence division to support European security sector
Finance

France's Orange launches defence division to support European security sector

(Reuters) -French telecoms operator Orange is establishing a new defence and homeland security divis...

30th June, 2025