Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
xAI raises $10 billion at $200 billion valuation, CNBC reports
(Reuters) -Elon Musk's xAI has raised $10 billion, bringing the AI firm's post-money valuation to $200 billion, CNBC reported on Friday citing sources. xAI did not immediately respond to a Reuters req...
Sep 19, 2025
E-commerce firm Pattern valued at $2.4 billion as shares fall in Nasdaq debut
By Rishab Shaju and Prakhar Srivastava (Reuters) -E-commerce accelerator Pattern Group on Friday notched a valuation of $2.38 billion as its shares fell 3.6% in their Nasdaq debut, bucking the recent ...
Sep 19, 2025
OpenAI to spend $100 billion over five years on backup servers, the Information reports
(Reuters) - OpenAI plans to spend about $100 billion renting backup servers from cloud providers over the next five years, the Information reported on Friday, citing company executives' discussions wi...
Sep 19, 2025
OpenAI taps Apple supplier to make AI device, the Information reports
(Reuters) - OpenAI has signed a deal with Apple device assembler, Luxshare, to make a consumer device, the Information reported on Friday, citing people familiar with the matter. The device is current...
Sep 19, 2025
UK assesses supply chain fallout from Jaguar Land Rover cyberattack
LONDON (Reuters) - Britain's government said on Friday it was working closely with Jaguar Land Rover (JLR) to understand the impacts on the supply chain after a cyber incident at the country's biggest...
Sep 19, 2025
China's Huawei co-develops DeepSeek model, improves censoring
By Eduardo Baptista BEIJING (Reuters) - Chinese tech giant Huawei has co-developed a safety-focused version of artificial intelligence model DeepSeek that it said is "nearly 100% successful" in preven...
Sep 19, 2025
EU ministers seek agreement on digital euro to be independent of Visa and Mastercard
By Jacob Gronholt-Pedersen and Jan Strupczewski COPENHAGEN (Reuters) - European Union finance ministers will seek to reach a common position on Friday on how to set up a digital euro currency that cou...
Sep 19, 2025
China auto industry body to launch discrimination probe into US chips
BEIJING (Reuters) -The China Association of Automobile Manufacturers (CAAM) has launched an anti-discrimination probe into the impact on the auto industry of U.S. trade policy over chips, the associat...
Sep 19, 2025
Nvidia explores $500 million investment in UK self-driving startup Wayve
(Reuters) - U.S. chip designer Nvidia has signed a letter of intent for a possible $500 million investment in the next funding round at Britain's Wayve, the autonomous driving technology group said on...
Sep 19, 2025
Apple's iPhone 17 launch draws hundreds in long queue at its Beijing store
By Che Pan and Brenda Goh BEIJING (Reuters) - Hundreds of people lined up at Apple's flagship store in Beijing on the launch day of the iPhone 17 on Friday in a sign that sales of the series are off t...
Sep 19, 2025
