technology
Amazon to Invest $13 Billion in Australia's Data Center Infrastructure Over Five Years
Meta's $14.8 Billion Scale AI Deal Latest Test of AI Partnerships
Exclusive-Google, Scale AI's Largest Customer, Plans Split After Meta Deal, Sources Say
Unglamorous World of 'data Infrastructure' Driving Hot Tech M&A Market in AI Race
Russia Says It Tests New Laser Defences Against Drones
Date: June 13, 2025
MOSCOW (Reuters) -Russia said on Friday it had conducted large-scale tests of new laser-based systems to defend against drones. A government statement described the new technology as "promising" and...
OpenAI to Continue Working With Scale AI After Meta Deal
Date: June 13, 2025
PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to take a 49% stake in the artificial intelligence startup for $14.8 billion, OpenAI's CFO Sarah Friar...
UK Edtech Pearson to Raise India Headcount by 43% in Three Years
Date: June 13, 2025
By Praveen Paramasivam CHENNAI (Reuters) -UK-based Pearson plans to boost its workforce in India by about 43% to 2,000, an executive told Reuters on Friday, months after the education firm named India...
Deutsche Telekom, Nvidia Join Forces on Manufacturers' AI Cloud in Germany
Date: June 13, 2025
BERLIN (Reuters) -Deutsche Telekom and Nvidia will join forces to build an industrial artificial intelligence cloud for European manufacturers in Germany, the first of its kind, the companies said on...
Factbox-Meta's Scale AI Stake Buyout Spotlights Other Major Deals Amid Regulatory Risks
Date: June 13, 2025
(Reuters) -Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter. Scale AI said late on Thursday that the deal...
Meta Poaches 28-year-old Scale AI CEO After Taking Multibillion Dollar Stake in Startup
Date: June 13, 2025
(Reuters) -Meta Platforms has finalized an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday. Scale CEO and co-founder Alexandr Wang will join Meta to work...