Exclusive-SK Hynix conditions new US factory on more US chip equipment exports to China, sources say
By Karen Freifeld and Hyunjoo Jin NEW YORK/SEOUL Oct 14 (Reuters) - South Korea's SK Hynix is seeking approval from Washington to export US chipmaking equipment to China to increase production there as a condition for building a factory in the US, two...
1h ago
TSMC expected to report sixth straight quarter of record profit thanks to AI boom
TAIPEI, Oct 15 (Reuters) - TSMC, the world's largest manufacturer of advanced AI chips, will likely report a sixth consecutive quarter of record earnings on Thursday, driven by booming infrastructure spending in the tech sector. Analysts say demand fo...
4h ago
At Anthropic pre-IPO meet: 'Thinking' caps, surging revenue, no human extinction
By Milana Vinn and Krystal Hu NEW YORK/SAN FRANCISCO, Oct 14 (Reuters) - Anthropic told prospective investors on Wednesday that revenue in the third quarter surged 45% from the prior quarter, two people who attended an investor day said, a move that co...
4h ago
Anthropic revenue jumps to $16.8 billion in third quarter, FT reports
Oct 14 (Reuters) - Anthropic told investors its third-quarter revenue jumped to $16.8 billion and that it turned a profit in the quarter, the Financial Times reported on Wednesday. (Reporting by Jaspreet Singh in Bengaluru Editing b...
5h ago
US states seek children's data protections in Character.AI bankruptcy
By Dietrich Knauth Oct 14 (Reuters) - A group of 40 state attorneys general on Wednesday urged a US bankruptcy judge in Delaware to protect young users of Character.AI and keep their data safe during the AI companion company's bankruptcy. Character.AI ...
6h ago
Anthropic to add US voting information to Claude before midterms
Oct 14 (Reuters) - Anthropic said on Wednesday it would add official US voting information from nonprofit Democracy Works and election results to its Claude AI chatbot later this month, ahead of the November midterms. The AI company said its goal was...
7h ago
Former portfolio manager sues Fidelity after leaving for Michael Dell's family office
By Suzanne McGee PROVIDENCE, RHODE ISLAND, Oct 14 (Reuters) - A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a "multimillion-dollar" compensation package after he ...
8h ago
Eight US states sue OpenAI, claiming ChatGPT harms children
By Diana Novak Jones Oct 14 (Reuters) - Iowa, Kansas and six other states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to children, alleging the chatbot has coached children to harm th...
8h ago
Red hot CPI report fuels AI rout
By Chuck Mikolajczak, Darshan Kumar R and Shashwat Chauhan NEW YORK, Oct 14 (Reuters) - Major AI stocks slumped on Wednesday following the latest hot US inflation report, highlighting investor concern about the risks posed by rising borrowing costs in ...
8h ago
AI-powered stock funds bet bots can pick stocks faster and better than humans
By Suzanne McGee PROVIDENCE, Rhode Island, Oct 14 (Reuters) - A handful of fund managers are betting that exchange traded funds run by AI stock-picking models can crunch data quicker and make better investment decisions than humans, even as many people...
9h ago
AI infrastructure firms slump as US rate hike bets rise
Oct 14 (Reuters) - Shares of debt-heavy AI firms tumbled on Wednesday as prospects of higher interest rates intensified concerns over the financing of the industry's massive buildout. Companies whose shares had rallied earlier this year on AI optimis...
11h ago
Televisa's AT&T Mexico deal boosts its challenge to America Movil
By Paolo Laudani MEXICO CITY, Oct 14 (Reuters) - Shares in Televisa rose on Wednesday after the Mexican broadcaster said it would buy AT&T's Mexican unit, in a move welcomed by investors that will set up a showdown with telecoms giant America Movil. T...
11h ago
The Knot Worldwide to acquire Zola in wedding platform union, sources say
By Abigail Summerville NEW YORK, Oct 14 (Reuters) - The Knot Worldwide has agreed to buy its smaller peer Zola, adding to its portfolio of leading wedding-planning brands, according to two people familiar with the deal. The Knot, which is owned by in...
11h ago
OpenAI employee who left for Apple took files about unreleased device, OpenAI alleges
By Stephen Nellis and Deepa Seetharaman NEW YORK, Oct 14 (Reuters) - An OpenAI employee who left the ChatGPT maker for Apple sent more than 100 files about an unreleased product to a personal account and later presented the product to senior Apple lead...
11h ago
Palantir and London mayor's office settle lawsuit over UK police contract
LONDON, Oct 14 (Reuters) - US tech firm Palantir and London mayor Sadiq Khan's office have settled Palantir's lawsuit over a decision to block a £50 million ($66 million) contract with London police, both parties said on Wednesday. Palantir had agree...
12h ago
Russia cracks down on AI bears as real attacks spread fear
Oct 14 (Reuters) - A woman in Russia's Far East was fined this week after an AI-generated image of a bear, created to prank a friend, went viral and triggered a real-life hunt, the regional courts said. Russian authorities are on high alert this year...
13h ago
EU Commission is in dialogue with Google, spokesperson says
BRUSSELS, Oct 14 (Reuters) - The European Commission said on Wednesday it was "in dialogue with Google" over actions the company may take in response to the $1 billion fines imposed by the EU in July and required changes to its app store and its sear...
13h ago
Mexico to require digital platforms to shield minors from harmful content
MEXICO CITY, Oct 14 (Reuters) - Mexican President Claudia Sheinbaum said she will sign a presidential decree on Wednesday requiring digital platforms, including social media and streaming sites, to shield children and teenagers from violent, sexual an...
13h ago
Kazakhstan-linked hackers targeted Russian refinery, spied on city government, researchers say
By Raphael Satter WASHINGTON, Oct 14 (Reuters) - Hackers likely based in Kazakhstan targeted a Russian oil refinery and compromised a Russian municipal government network earlier this year, researchers said on Wednesday, a rare glimpse of cyberespiona...
13h ago
Sportradar hit by EU, UK antitrust complaints from rival
By Foo Yun Chee BRUSSELS, Oct 14 (Reuters) - Sports technology company Sportradar Group was hit with antitrust complaints to EU and UK regulators on Wednesday by sportsbook software company Altenar Technologies, which accused it of blocking rivals' ac...
14h ago




