News
Space X's road to landmark IPO filing
1+ hour, 33+ min ago (235+ words) May 21 (Reuters) " Space X's IPO filing finally revealed the finances behind a company aiming to dominate industries ranging from rockets and satellites to AI and data centers. Led by billionaire CEO Elon Musk, the world's most valuable private company is…...
Taiwan investigates three for alleged illegal export of high-end AI servers
2+ hour, 53+ min ago (316+ words) TAIPEI, May 21 (Reuters) " Taiwanese prosecutors said on Thursday they were investigating three people suspected of illegally exporting high-end AI servers made by Super Micro and containing "Nvidia chips which are subject to U. S. export "controls. In March, the U. S. Justice Department charged…...
AI supply chain, Gen Z spending among hedge fund picks at Sohn Hong Kong
3+ hour, 28+ min ago (488+ words) By Summer Zhen and Jiaxing Li HONG KONG, May 21 (Reuters) " Hedge fund managers say they are targeting investments this year in companies from AI-linked data centres and printed circuit board (PCB) makers to pet food and instant noodle brands as…...
Trump administration seeks to supercharge US AI exports with billions in financing, document shows | WTVB | 1590 AM " 95. 5 FM | The Voice of Branch County
7+ hour, 38+ min ago (43+ words) By Alexandra Alper and Stephen Nellis WASHINGTON, May 21 (Reuters) - The Trump administration on Thursday plans to launch a new program to entice foreign firms to buy U. S. AI tools with billions in export financing, "according to a document seen by Reu....
China’s Manus founders seek $1 billion to undo Meta takeover, Bloomberg News reports | WTVB | 1590 AM " 95. 5 FM | The Voice of Branch County
7+ hour, 37+ min ago (37+ words) May 21 (Reuters) - Manus co-founders are exploring options to fulfill "Beijing's demand to unwind a controversial takeover by Meta, including raising about $1 billion from external "investors to "buy back the "Chinese-founded AI operation, Bloomberg. .....
One in three Japan firms using or considering AI robots: Reuters poll
17+ hour, 43+ min ago (580+ words) TOKYO, May 21 (Reuters) " One-third of Japanese companies are already using or considering deploying AI-powered robots, with automakers and other transportation equipment manufacturers leading the way, a Reuters survey showed on Thursday. The Japanese government expects the introduction of AI robots…...
Trump to sign order on AI oversight as security fears mount among supporters | WTVB | 1590 AM " 95. 5 FM | The Voice of Branch County
18+ hour, 20+ min ago (842+ words) By Karen Freifeld and Courtney Rozen WASHINGTON, May 20 (Reuters) " U. S. President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts…...
Bound for Mars, Elon Musk's Space X unveils filing for blockbuster IPO
19+ hour, 57+ min ago (809+ words) By Echo Wang and Manya Saini May 20 (Reuters) " Space X took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even larger ambitions to colonize Mars and build…...
As stocks slump, cue Nvidia
1+ day, 3+ hour ago (437+ words) (Corrects paragraph 10 to say Bo E kept interest rates on hold at its last meeting) A look at the day ahead in European and global markets from Kevin Buckland As if markets haven't been volatile enough, highly anticipated Nvidia "earnings…...
Kyle Su’s Kuark Capital launches $400 million Asia tech-focused hedge fund | WTVB | 1590 AM " 95. 5 FM | The Voice of Branch County
2+ day, 12+ hour ago (54+ words) By Summer Zhen HONG KONG, May 19 (Reuters) - A Hong Kong-based fund manager is launching a new hedge fund to tap rising investor interest in Asian artificial intelligence stocks, with a focus on Taiwan and Japan, "three sources familiar with the…...