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AMD CEO says continues to explore foundry partnership with Samsung Electronics

SEOUL, Oct 7 (Reuters) – AMD (AMD.O), opens new tab CEO Lisa Su said on Wednesday that the US chipmaker continues to explore partnership opportunities with Samsung Electronics (005930.KS), opens new tab in ‌the memory and foundry businesses.  In response to tight memory chip supply, Su said AMD is “working with our customers ​to optimise

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Revolut will cover costs for customers hit by data hack, Western Europe CEO says

PARIS, Oct 7 (Reuters) – Revolut will cover the cost of customers wanting to change their identity documents after the London-based bank was tricked into giving hackers the data of hundreds of customers, ‌the company’s CEO for Western Europe said on Wednesday. Revolut, Europe’s most valuable startup, said it had sent the customers’ personal data to

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Trump, AI CEOs sign voluntary safety pact, back data center expansion

WASHINGTON, Sept 29 (Reuters) – US President Donald Trump on Tuesday said tech executives agreed to establish voluntary standards for AI and reiterated his support for rapid expansion of data centers, as concerns mount over AI safety and the ‌industry’s growing footprint in communities.   Trump made the comments after meeting with tech executives at

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Apple Pay launches in India with Axis Bank partnership

Sept 30 (Reuters) – Apple Pay (AAPL.O), opens new tab has launched in India through a partnership with Axis Bank (AXBK.NS), opens new tab, giving the payment service its first foothold in one of the world’s largest digital payments markets, the lender said on Wednesday. Axis ‌Bank, India’s third-largest private lender, will be the first Indian

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SoftBank raising $11.1 billion in world’s biggest high-yield corporate bond sale

TOKYO, Sept 24 (Reuters) – Tech investor SoftBank Group (9984.T), opens new tab is issuing $11.1 billion in dollar- and euro-denominated bonds, set to be the largest high-yield corporate bond sale globally on record as it seeks to fund its ‌mammoth bet on OpenAI. The funding follows a 1 trillion yen ($6.3 billion) bond issue aimed at retail

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Anthropic says Claude AI helped discover novel enzyme system

Sept 23 (Reuters) – Anthropic on Wednesday said its Claude model helped discover a novel enzyme system with properties reminiscent of mechanisms ‌in gene-editing technology CRISPR, marking the first result from the AI startup’s biology research efforts. The finding comes days after Reuters reported Anthropic had quietly established a wet ⁠lab in the San Francisco Bay Area, as

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Gemini hacked three companies in first known breakout by Google’s AI

Sept 18 (Reuters) – Google’s (GOOGL.O), opens new tab Gemini model accessed the internet and hacked other companies during a test of its cybersecurity capabilities, the first known example of the company’s AI systems autonomously committing ‌such an act. The hacks occurred in May during a cybersecurity test conducted by Irregular, an independent company that conducts cybersecurity evaluations. During

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Anthropic, Accenture to invest $2 billion in AI model evaluation as safety concerns rise

Sept 18 (Reuters) – AI lab Anthropic said on Friday it would partner with Accenture (ACN.N), opens new tab for the independent evaluation of its frontier AI models, with the companies each committing at ‌least $1 billion over the next five years to build capacity for the work. Shares of Accenture rose 7% in extended trading. The partnership comes

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Nvidia in talks to invest in Anthropic’s mega IPO, sources say

Sept 11 (Reuters) – Anthropic is in talks to bring Nvidia (NVDA.O), opens new tab as an anchor investor into what could be the largest IPO in history, two people familiar with the ‌matter told Reuters. Anthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the

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US Senate negotiators consider requiring AI firms to mitigate known major risks

WASHINGTON, Sept 11 (Reuters) – U.S. Senate negotiators are debating legislation that would put responsibility on tech companies to design safe AI products, according ‌to two Senate aides, and involve federal courts if the U.S. government wants to block their release, according to a Senate aide and a lobbyist involved in the negotiations. The proposal would

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