technology

Image for Amazon asks court to scrap EU tech label, arguing it poses no systemic risksFinance

Amazon Asks Court to Scrap EU Tech Label, Arguing It Poses No Systemic Risks

Image for German utility RWE and tech giant Amazon announce partnershipFinance

German Utility Rwe and Tech Giant Amazon Announce Partnership

Image for Besi lifts long-term financial targets, eyeing demand growthFinance

Besi Lifts Long-Term Financial Targets, Eyeing Demand Growth

Image for TotalEnergies forms AI partnership with French startup MistralFinance

TotalEnergies Forms AI Partnership With French Startup Mistral

Image for Spain's Multiverse raises $217 million for compressing AI models

Spain's Multiverse Raises $217 Million for Compressing AI Models

Date: June 12, 2025

PARIS (Reuters) -Spanish AI firm Multiverse Computing said on Thursday it has raised 189 million euros ($217 million) from investment firm Bullhound Capital, HP Inc, Forgepoint Capital and Toshiba, to...

Image for Oracle soars after raising annual forecast on robust cloud services demand

Oracle Soars After Raising Annual Forecast on Robust Cloud Services Demand

Date: June 12, 2025

By Juby Babu (Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its...

Image for Nvidia, Perplexity partner with European firms to boost local AI models

Nvidia, Perplexity Partner With European Firms to Boost Local AI Models

Date: June 11, 2025

By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with more than a dozen AI firms in Europe and the Middle East...

Image for Meta and TikTok challenge tech fees in second highest EU court

Meta and TikTok Challenge Tech Fees in Second Highest EU Court

Date: June 11, 2025

By Foo Yun Chee LUXEMBOURG (Reuters) -Meta Platforms and TikTok said a European Union supervisory fee levied on them was disproportionate and based on a flawed methodology as they took their fight...

Image for Nintendo Switch 2 smashes record as company's fastest-selling console

Nintendo Switch 2 Smashes Record as Company's Fastest-Selling Console

Date: June 11, 2025

TOKYO (Reuters) -Japan's Nintendo said on Wednesday it had sold more than 3.5 million Switch 2 units in the first four days after its launch, making the console the company's fastest-selling gaming...

Image for Capita to roll out AI-powered recruitment this summer

Capita to Roll Out AI-powered Recruitment This Summer

Date: June 11, 2025

LONDON (Reuters) -Capita, a British outsourcer that works with government, armed forces and companies, said it was using AI to cut recruitment from weeks to just hours, and it would roll out the...