Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

By Lewis Krauskopf NEW YORK (Reuters) -Spending updates this week from U.S. megacap companies that are investing massively in artificial intelligence could jolt the AI trade that has been a primary dr...

By Deepa Seetharaman SAN FRANCISCO -Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on the cusp of a new technological revolution. OpenAI cou...

By Aditi Shah, Daniel Leussink and Rachel More TOKYO (Reuters) -Nissan Motor and Mercedes-Benz on Wednesday became the latest global automakers to sound the alarm about a deepening semiconductor suppl...

TOKYO (Reuters) -Japan's Sumitomo Corp said on Wednesday it would spend about 881.7 billion yen ($5.85 billion) to turn SCSK, an IT service company, into a wholly owned subsidiary. The Japanese tradin...

BERLIN (Reuters) -Shortages of materials for German manufacturers of electronic and optical products became more acute in October, driven by a tightening of global controls on rare earth components, t...

(Reuters) -Nvidia shares jumped 3% in premarket trading on Wednesday, putting the chipmaker on track to hit $5 trillion in market valuation as CEO Jensen Huang unveiled $500 billion in AI chip booking...

RIYADH (Reuters) -OpenAI's Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week's deal with Microsoft allows the company to continue raising capital in a much less complex ma...

(Reuters) -Dutch payments group Adyen beat market expectations for quarterly revenue on Wednesday as strong retail activity kept payment volumes high, but slightly narrowed its financial forecast thro...

TOKYO (Reuters) -Japanese technology group NEC will pay about $2.89 billion to acquire U.S.-based telecoms and broadband software company CSG Systems, it said on Wednesday. The acquisition, expected t...

(Reuters) -Norwegian telecom operator Telenor on Wednesday posted quarterly earnings slightly below market expectations and flagged a negative adjustment of 500 million Norwegian crowns ($49.8 million...