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Google to showcase AI, new Pixel phones at surprise Aug 13 event, the Verge reports

(Reuters) - Google will showcase artificial intelligence features, and updates to its Pixel devices and the Android platform at a special event on Aug. 13, according to invites shared online by the

AI stocks to leave big impact on Russell reconstitution

By Chuck Mikolajczak and Lewis Krauskopf NEW YORK (Reuters) - Investors are gearing up for the final reconstitution of the benchmark indexes by FTSE Russell on Friday, with the furious rally in

Starboard presses for changes at Autodesk after accounting probe

(Reuters) -Activist investor Starboard Value is seeking operational and governance changes at Autodesk after losing a bid to appoint its nominees to the design software firm's board ahead of its

Waymo’s autonomous ride-hailing service now available to all in San Francisco

(Reuters) - Alphabet's Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in San Francisco, nearly four years after a similar move in Phoenix, Arizona.

Cash-strapped Stability AI raises $80 million with new CEO and board

By Akash Sriram and Krystal Hu (Reuters) - Stability AI said on Tuesday it has raised funds and appointed industry veteran Prem Akkaraju as its top boss, months after the exit of founder and CEO Emad

Nvidia’s shares surge over 5% after $430 billion market slump

By Chibuike Oguh NEW YORK (Reuters) - Shares of Nvidia were up over 5% on Tuesday, poised to snap a three-session tailspin that had erased about $430 billion from the artificial intelligence

Coatue’s Laffont says geopolitics is a threat to Nvidia, chip industry

By Carolina Mandl NEW YORK (Reuters) - Hedge fund Coatue Management's founder Philippe Laffont said on Tuesday that he is concerned about how geopolitical conflicts could affect the chip industry and

Chinese AI firms woo OpenAI users as US company plans API restrictions

BEIJING (Reuters) -Chinese artificial intelligence (AI) companies are moving swiftly to attract users of OpenAI's technology, following reports the U.S. firm plans to restrict access in China and

Starboard presses for changes at Autodesk after accounting probe, suggests cuts

(Reuters) - Activist investor Starboard Value is seeking operational and governance changes at Autodesk after losing a bid to appoint its nominees to the design software firm's board ahead of its

Data centers, EVs to significantly boost US power load by 2030, consultancy says

NEW YORK (Reuters) - Data centers and electric vehicles are expected to ramp up U.S. power demand by about 300 terawatt-hours (TWh), equivalent to the electricity consumed annually by Turkey, by the

On Camera

Coalition govt shouldn’t shy away from privatisation—just fix the communication strategy

If the reason why PSU privatisation is politically challenging is that the people are swayed by emotional arguments, then it is incumbent on the government to work on its communication

‘Welfarism not a substitute for job creation’ — TeamLease vice-chairman on India’s fiscal planning

TeamLease’s Manish Sabharwal spoke to ThePrint about how political leaders, for the sake of winning elections, make big welfare-related promises without a proper plan to fund them.

New Army chief General Upendra Dwivedi outlines his priorities on 1st day in office

A tech-savvy officer, General Dwivedi has the distinction of working along the northern, western and eastern theatres in varied terrain and operational environments.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.