Reuters

Elon Musk’s xAI and Oracle Call off $10 Billion Server Deal, According to The Information – Reuters

by

Elon Musk’s artificial intelligence company xAI has reportedly ended negotiations with Oracle on a $10 billion server deal, as confirmed by The Information and Reuters. This decision by xAI has resulted in Oracle losing out on the opportunity to expand its AI chips and cloud services. The Wall Street Journal reports that Oracle’s shares dropped … Read more

Reuters reports that Apple will receive wireless components from Broadcom

by

Broadcom has secured a deal to supply wireless components to Apple, according to a report by Reuters. The agreement between the two companies will see Broadcom providing Apple with key wireless components for its devices. This partnership is expected to strengthen the relationship between the two companies and help Apple enhance the performance and capabilities … Read more

Ministry document reveals Vietnam loses out on Intel and LG Chem investments due to lack of incentives – Reuters

by

Vietnam has lost out on potential investments from technology giant Intel and South Korean chemical company LG Chem due to a lack of attractive incentives, according to a Ministry document. The document states that both companies had expressed interest in investing in Vietnam to produce electronics and batteries, respectively. However, they ultimately decided against it … Read more