technology

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

Italy's Leonardo Takes a Stake in Finland's Ssh as European Defence M&A Inches Forward

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

Musk's XAI Raises $5 Billion Each in Fresh Debt and Equity, Morgan Stanley Says

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 

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

Meta Deepens AI Push With 'Superintelligence' Lab, Source Says

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

Apple Weighs Using Anthropic or OpenAI to Power Siri in Major Reversal, Bloomberg News Reports

Date: June 30, 2025

(Reuters) -Apple is weighing using artificial intelligence technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models, Bloomberg News reported on Monday....

Image for Apple loses bid to dismiss US smartphone monopoly case

Apple Loses Bid to Dismiss US Smartphone Monopoly Case

Date: June 30, 2025

(Reuters) -Apple must face the U.S. Department of Justice's lawsuit accusing the iPhone maker of unlawfully dominating the U.S. smartphone market, a judge ruled on Monday. U.S. District Judge Julien...

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

Europe's AI Gigafactory Push Attracts 76 Bids, EU Tech Chief Says

Date: June 30, 2025

By Foo Yun Chee BRUSSELS (Reuters) -Seventy-six companies have bid to develop Europe's artificial intelligence gigafactories, the EU's tech chief said on Monday, hailing a bigger than expected...

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

UK's Oakley Capital to Sell LegalTech Platform vLex to Clio at $1 Billion Valuation

Date: June 30, 2025

(Reuters) -British private equity firm Oakley Capital Investments said on Monday it has agreed to sell its legal technology platform vLex to legal software provider Clio in a deal valuing the Spanish...

Image for Siemens recruits artificial intelligence expert from Amazon

Siemens Recruits Artificial Intelligence Expert From Amazon

Date: June 30, 2025

ZURICH (Reuters) -Siemens has recruited Amazon executive Vasi Philomin to its new position of head of data and artificial intelligence, the German technology company said on Monday. The move is the...

Image for TomTom to cut 300 jobs amid AI shift

TomTom to Cut 300 Jobs Amid AI Shift

Date: June 30, 2025

(Reuters) -Dutch location technology company TomTom said on Monday it would cut 300 jobs as it realigns its organization and embraces artificial intelligence as part of its product-led strategy. The...