Baidu will 'very soon' officially launch generative AI model, says CEO
BEIJING Chinese search engine giant Baidu's CEO Robin Li said on Friday that the company will "very soon"
2023-05-26 11:16
Great Wall Motor says rival BYD failing on hybrid emissions
SHANGHAI/BEIJING (Reuters) -Great Wall Motor has filed a report with China's regulators against BYD, it said on Thursday, claiming its
2023-05-25 17:48
Vietnam's VinFast recalls first batch of US-bound EVs over security risk
HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast is recalling all of the first batch of vehicles it shipped to
2023-05-25 15:24
Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street
2023-05-25 06:18
Chipmaker Analog Devices' weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's
2023-05-24 21:59
EU, U.S. to seek stopgap standards for AI - EU tech chief
By Philip Blenkinsop BRUSSELS The European Union and the United States are set to step up cooperation on
2023-05-24 21:23
Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
2023-05-24 20:53
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of
2023-05-24 20:19
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:25
Japan's Rakuten set to raise $2.18 billion through share issue
TOKYO (Reuters) -Japanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by
2023-05-24 16:48
Meta sells Giphy to Shutterstock to comply with UK regulator order
(Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million
2023-05-24 06:19
Meta sells Giphy at a significant loss after UK breakup order
Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company last year.
2023-05-23 23:23