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Friday, April 19, 2024
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Leonardo to boost cybersecurity, space and AI in 5-year plan

By Giulia Segreti ROME (Reuters) -Italy's Leonardo will invest in digitalisation, artificial intelligence and interconnected platforms over the next five years as it focuses on security activities,

Italian Vespa maker Piaggio launches AI-driven factory robot

(Reuters) - Vespa maker Piaggio launched on Tuesday a factory robot which uses artificial intelligence to move autonomously on pre-set routes and which can carry up to 130 kilograms. The Italian

Australian IT firm Appen gets merger bid from US-based Innodata

(Reuters) - Australia's software firm Appen said on Tuesday it received a proposal from U.S.-based digital data solutions firm Innodata for a potential merger of the two companies in an all-stock deal

Data centre firm GDS confirms investor talks on potential deals outside China

SINGAPORE (Reuters) - Chinese data centre developer and operator GDS Holdings said it had been in discussions with several private equity investors on investing in its operations outside the country.

Vehicle software supplier Applied Intuition raises $250 million at $6 billion valuation

(Reuters) - U.S.-based vehicle software supplier Applied Intuition has raised $250 million in its latest Series E funding round, valuing it at $6 billion, the company said in a statement on Tuesday.

Samsung, SK Hynix halt old equipment sales over fears of US backlash, FT reports

(Reuters) - Chipmakers Samsung Electronics and South Korea's SK Hynix Inc have stopped selling used chipmaking equipment for fear of falling foul of U.S. export controls on China and western sanctions

China’s Xiaomi to start deliveries of its first EV model, shares soar

BEIJING (Reuters) -China's Xiaomi said on Tuesday it will start deliveries of its first electric vehicle (EV) model SU7 this month, venturing into the world's largest auto market amid a brutal price

Volvo invests in, taps Breathe Battery tech for 30% faster EV charging

By Nick Carey LONDON (Reuters) - Volvo Cars has invested in UK startup Breathe Battery Technologies and will use its battery software to cut charging time for its next generation of electric vehicles

Oracle tops quarterly profit estimates on AI demand, shares surge

By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia and beat estimates for quarterly profit, riding on the generative AI demand

Bitcoin hits record above $72,000 as demand frenzy intensifies

By Hannah Lang, Amanda Cooper and Harry Robertson WASHINGTON/LONDON (Reuters) -Bitcoin hit a record high on Monday above $72,000, as the biggest cryptocurrency's surge showed no signs of slowing down.

On Camera

Stop asking fans to explain why they like Taylor Swift. Belittling Swifties reeks of sexism

She’s perhaps the only artist that one still has to offer a ‘reason’ for liking. No one bats an eye if you like Harry Styles or Beyonce. But god forbid you express your love for Swift publicly.

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

Agniveer applicants in Army up nearly 10% compared to last year

This year, the Army has scheduled an online combined examination that will span 174 locations across the country. The examination window is from April 22 to May 7.

44 years on, two things that have changed in Modi’s BJP, and one that hasn’t

As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.