Reuters

Reuters reports that Oracle has rolled out new database technology specifically designed for AI chatbots.

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Oracle has recently made updates to its database technology in order to improve the capabilities of AI chatbots. These updates will allow chatbots to better understand and respond to user queries, providing a more seamless and efficient user experience. The updates to Oracle’s database technology include improvements in natural language processing and machine learning algorithms. … Read more

Broadcom’s stock surges as increased demand for AI chips drives higher revenue projections – Reuters

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Broadcom’s stock soared today following positive forecasts for the company’s AI chip power. The company’s future looks promising as analysts predict a rise in demand for their products in the AI market. This news has provided a boost to Broadcom and has led to increased investor confidence in the company’s growth potential. The AI chip … Read more

“Tech Giants Face Scrutiny in EU: Microsoft’s Partnership with OpenAI and Google’s AI Deal with Samsung Under Spotlight” – Reuters

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Microsoft and OpenAI have formed an alliance that is now under the scrutiny of EU regulators, who are looking closely at the recent AI deal between Google and Samsung. The partnership between Microsoft and OpenAI aims to accelerate the development of artificial intelligence technology and is seen as a potential obstacle to fair competition in … Read more

EU regulators to make decision on $14 billion HP-Juniper deal by August 1 – Reuters

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The European Union regulators are set to make a decision on the proposed $14 billion acquisition deal between Hewlett Packard (HP) and Juniper Networks on August 1. The deal, which was announced earlier this year, has faced scrutiny from regulators over concerns about the potential impact on competition in the tech industry. The decision will … Read more

Google faces 1 billion euro tax claim from Italy – Reuters

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The Italian government has reportedly issued a claim against Google for 1 billion euros in unpaid taxes. This action is part of a larger effort by various countries to hold tech companies accountable for their tax obligations. Italy is taking a firm stance on this issue, demanding that Google pay its fair share in taxes … Read more

EU authorities to make decision on $14 billion HP-Juniper deal by August 1st, reports Reuters

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EU authorities to make decision on billion HP-Juniper deal by August 1st, reports Reuters

EU antitrust regulators are set to make a decision on August 1 regarding Hewlett Packard Enterprise’s planned acquisition of network equipment maker Juniper Networks for $14 billion. The deal, announced in January, is aimed at bolstering HPE’s artificial intelligence products and expanding its networking business. The European Commission may approve the deal with or without … Read more

ByteDance collaborating with Broadcom on cutting-edge AI chip technology – Reuters From Investing.com

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ByteDance collaborating with Broadcom on cutting-edge AI chip technology – Reuters From Investing.com

Chinese tech company ByteDance is collaborating with U.S. chipmaker Broadcom Inc to develop a new advanced artificial intelligence processor, as reported by Reuters. This partnership aims to help ByteDance, the owner of TikTok, ensure a stable supply of AI chips amidst strict U.S. restrictions on chip exports to China. The new 5-nanometer chip will be … Read more

Google collaborates with Thomson Reuters, Moody’s, and other companies to provide AI with authentic real-world data.

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Google collaborates with Thomson Reuters, Moody’s, and other companies to provide AI with authentic real-world data.

In an effort to secure enterprise clients, Google is focusing on minimizing hallucinations in its AI platform, making it more reliable for organizations. By partnering with trusted third-party services like Moody’s, MSCI, Thomson Reuters, and Zoominfo, Google is ensuring that developers have access to quality data to support their models and provide accurate results. This … Read more

Startup specializing in AI-focused manufacturing secures $106 million in funding from Nvidia and other investors – Reuters

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An AI-focused manufacturing startup has recently secured $106 million in funding from leading tech company Nvidia and other investors, according to a report by Reuters. This significant investment is expected to further propel the startup’s efforts in leveraging artificial intelligence technology to revolutionize the manufacturing industry. The startup, which specializes in AI-powered solutions for manufacturing … Read more

Data reveals that Nvidia short sellers profit $5 billion in three-day sell-off – Reuters

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Short sellers of Nvidia stock have raked in an impressive $5 billion from a recent three-day selloff, according to data from Reuters. Nvidia, a major player in the semiconductor industry, experienced a significant drop in its stock value during this period, leading to substantial profits for those who had bet against the company. Short selling … Read more