By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three largest economies – China, the
Category: Business
Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based
South Korea prepares support package worth over $7 billion for chip industry
SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion),
Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the
McDonald’s considering $5 meal deal launch to draw diners, source says
(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday, as the fast-food chain looks
China’s Zeekr prices US IPO at top of range to raise $441 million
By Echo Wang and Scott Murdoch NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the
Elon Musk may be compelled to testify again in SEC’s Twitter takeover probe
SAN FRANCISCO (Reuters) – A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange
Tesla interfered with union organizing at New York plant, US agency claims
By Daniel Wiessner (Reuters) -Tesla has been accused by a U.S. labor agency of discouraging workers at a Buffalo, New York, assembly plant from union
Apple to power AI servers with its chips, Bloomberg News reports
(Reuters) – Apple will deliver some of its upcoming artificial intelligence features this year through data centers powered by its own in-house chips, Bloomberg News