South Korea's Lee urges speed in launching mega chip projects
SEOUL, July 6 (Reuters) - South Korean President Lee Jae Myung on Monday ordered officials to move quickly to get to work on major chip and AI projects announced last week. He warned that delays in permits, land acquisition, and securing power and wa...
3h ago
South Korea's SK Hynix to launch $28 billion US listing to ride global AI wave
July 6 (Reuters) - South Korean chipmaker SK Hynix will launch a U.S. listing on Monday to raise about $28 billion, according to regulatory filings, as it capitalises on the global AI boom in one of the world's largest new share sales. The company will...
5h ago
Foxconn second-quarter revenue jumps 40% y/y
TAIPEI, July 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Nvidia's biggest server maker, reported on Sunday a jump of 39.8% in second-quarter revenue year on year, fuelled by strong AI-related demand. Revenu...
21h ago
Fermi CEO Neugebauer suspends proxy campaign after judge's recusal
July 3 (Reuters) - Toby Neugebauer, the co-founder and largest shareholder of energy and data center development company Fermi, said on Friday he has suspended his proxy campaign to call a special meeting after a Texas Business Court judge recused h...
Jul 03, 2026
Tesla rolls out robotaxi service in Miami
July 3 (Reuters) - Tesla said on Friday its robotaxi was available in Miami, as the electric vehicle maker looks to expand its autonomous ride-hailing operations. The expansion highlights Tesla's efforts to increase adoption of its self-driving softw...
Jul 03, 2026
AI hiring outpaces overall IT recruitment in India, report shows
BENGALURU, July 3 - Hiring for AI roles within India's IT sector outpaced overall recruitment within the industry last month, a survey showed on Friday, indicating a push from companies to reorient themselves in the face of evolving technology. The s...
Jul 03, 2026
Analysis-Argentina's plan for AI-run companies can't avoid humans
By Leila Miller and Kenrick Cai BUENOS AIRES, July 3 (Reuters) - Argentine President Javier Milei generated both excitement and fear last month when he announced a congressional bill to create "non-human corporations" run by AI, but the companies woul...
Jul 03, 2026
India investigating Tata data leak that exposed Apple iPhone secrets
NEW DELHI, July 3 (Reuters) - India is investigating a data breach at Tata Electronics that exposed documents linked to Apple's unreleased iPhone 18 Pro, the country's IT secretary said on Thursday in the government's first public comments on the inc...
Jul 03, 2026
Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise
July 2 (Reuters) - China's Kuaishou Technology said on Thursday a group of investors including Alibaba and Tencent will inject over 19 billion yuan ($2.80 billion) in Kling AI, while valuing the popular AI video arm at $15 billion on a pre-money basi...
Jul 03, 2026
Exclusive-World's biggest domain seller fears India's fake site crackdown could damage internet
(Refiles to add word "with" in paragraph 24 and adds apostrophe to Merriam-Webster's in paragraph 29) By Aditya Kalra, Arpan Chaturvedi and Munsif Vengattil NEW DELHI, July 3 (Reuters) - The world's biggest internet domain seller, GoDaddy, has warned ...
Jul 03, 2026
Alibaba to ban employees from using Anthropic's coding tool, source says
By Eduardo Baptista BEIJING, July 3 (Reuters) - Chinese tech giant Alibaba has banned employees from using Anthropic's Claude Code at work after the tool drew scrutiny for code that can help identify China-linked users, according to a person familiar...
Jul 03, 2026
Researchers say EU lawmaker who investigated surveillance was hacked by Israeli spyware
By Raphael Satter July 3 (Reuters) - A former member of the European Parliament who served on a committee investigating abusive surveillance was himself hacked using an Israeli-made spy tool, a Canadian tech watchdog group said on Friday. Citizen Lab s...
Jul 03, 2026
Chinese robot maker Unitree wins approval for $619 million Shanghai IPO
SINGAPORE, July 3 (Reuters) - Chinese robot maker Unitree Robotics has received regulatory approval for a Shanghai listing through which it plans to raise 4.2 billion yuan ($619.4 million), moving it closer to one of China's most watched technology i...
Jul 03, 2026
India's HCLTech wins $1.14 billion deal with European firm
BENGALURU, July 3 (Reuters) - India's HCLTech has won a $1.14 billion deal with a major European firm, the software services exporter said on Friday. HCLTech's shares opened 4.6% higher on Friday after the announcement, boosting gains on the Nifty ...
Jul 03, 2026
Dutch military invests millions in drone software platform
AMSTERDAM, July 3 (Reuters) - The Dutch military will invest tens of millions of euros in a three-year partnership with Dutch defence technology company Intelic to develop drone software, the two sides said on Friday. The Dutch Defence Ministry and ...
Jul 03, 2026
India issues notice to Telegram, Signal on concerns over usernames, source says
July 3 (Reuters) - India has issued notices to messaging platforms Telegram and Signal asking them to explain safeguards around features that allow users to post messages without revealing their phone numbers, a government source said. The notices ma...
Jul 03, 2026
Blackstone's QTS terminates Digital Gateway data center project in Virginia
July 2 (Reuters) - Blackstone's QTS said on Thursday it had terminated its planned Digital Gateway data center project in Virginia and withdrawn the associated filings after years of planning and regulatory review. The data center operator has faced ...
Jul 02, 2026
Kioxia ships next-gen memory samples as AI boom fuels dramatic comeback
By Kentaro Okasaka KITAKAMI, Japan, July 3 (Reuters) - Kioxia on Friday held a ceremony at its fab in northern Japan as the chipmaker, whose shares have rocketed due to the AI investment boom, begins shipping samples of its next-generation memory. The ...
Jul 02, 2026
Crusoe in talks to raise $3 billion funding, Bloomberg News reports
July 2 (Reuters) - AI data center startup Crusoe is in talks to raise about $3 billion in a funding round that may triple its valuation, Bloomberg News reported on Thursday, citing people familiar with the situation. The startup has contracts to supp...
Jul 02, 2026
Exclusive-Meta's Zuckerberg says AI agent tech progressing slower than expected
By Katie Paul and Courtney Rozen NEW YORK, July 2 (Reuters) - Meta Chief Executive Mark Zuckerberg acknowledged shortcomings in the company's sweeping restructuring at an internal town hall on Thursday, saying the systems known as AI agents had not pro...
Jul 02, 2026




