(Reuters) – Design faults could cause a three-month or longer delay in the introduction of chip maker Nvidia’s future artificial-intelligence chips, the Information reported on Friday. The setback could hurt customers such as Meta Platforms, Alphabet’s Google, and Microsoft, which have collectively ordered tens of billions of dollars in processors,Read More →

(Reuters) – Senator Elizabeth Warren, a Democrat, and US progressive organizations urged the Department of Justice to look into Nvidia due to worries about competition, pointing to the company’s monopoly on the processors that are powering the AI revolution. In a letter sent this week, Demand Progress and nine otherRead More →

(Reuters) – Philips posted second-quarter results that above analysts’ forecasts on Monday, driven by cost savings from job cutbacks and insurance income related to Respironics product liability claims, pushing company shares up more than 7% in early trading. The Dutch medical device maker’s earnings before interest, tax, and amortization (EBITA)Read More →

(Reuters) – Bloomberg News reported on Sunday that Apple’s future artificial intelligence features will arrive later than expected, missing the initial launch of upcoming iPhone and iPad software overhauls. According to the source, the iPhone maker intends to begin pushing out Apple Intelligence to customers as part of software updatesRead More →

(Web Desk) – An official agreement published on the Russian government website on Thursday states that Russia and China are working together to construct a joint Moon outpost, which will be built in three parts. Three phases will comprise the development of the International Scientific Lunar Station (ISLS): research, creation,Read More →

(Reuters) – Due to Google’s reluctance to improve its hardware in Russia and its refusal to unblock Russian media outlets, YouTube speeds on desktop computers in Russia are expected to drastically decrease, a senior politician with ties to the authorities stated on Friday. Russia has punished Alphabet’s Google multiple timesRead More →

(Reuters) – Elon Musk, Tesla’s CEO, announced on Thursday that he and the company’s board of directors will discuss investing $5 billion in his artificial intelligence business xAI, raising concerns about a conflict of interest. Musk, the world’s richest person, founded xAI last year in an effort to compete withRead More →

(Reuters) — On Wednesday, IBM exceeded analysts’ second-quarter sales projections and improved its annual growth prediction for its software unit, citing increased AI-related investment by clients seeking to deploy the technology. The business has focused on growing its Watsonx platform, which allows customers to install chatbots and improve code forRead More →

MADRID (Reuters) – Spain’s antitrust agency announced on Wednesday that it had launched an investigation into suspected anti-competitive behavior by Apple’s App Store, a claim the tech giant disputed. The CNMC, as the regulator is known, said that Apple may have imposed unequal economic terms on producers of mobile applicationsRead More →