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Siemens to acquire drive technology division from ebm-papst

MUNICH, Germany (Reuters) - Siemens plans to acquire ebm-papst's industrial drive technology division as the German conglomerate seeks to expand it factory automation business, both firms said on

Musk’s Neuralink shows first brain-chip patient playing online chess

(Reuters) -Elon Musk's brain-chip startup Neuralink livestreamed on Wednesday its first patient implanted with a chip using his mind to play online chess. Noland Arbaugh, the 29-year-old patient who

Open-source AI models released by Tokyo lab Sakana founded by former Google researchers

By Anna Tong SAN JOSE (Reuters) - Sakana AI, a Tokyo-based artificial intelligence startup founded by two prominent former Google researchers, released AI models on Wednesday it said were built using

Tencent’s next level up: fewer big foreign franchise games, more in-house

By Josh Ye HONG KONG (Reuters) - In a sea change at China's Tencent, an easy-to-play game of cute characters tackling obstacle courses has taken precedence over developing a big-budget sophisticated

Exclusive-AI startup Cohere seeks $5 billion valuation in latest fundraising, source says

By Krystal Hu (Reuters) - Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation

Reddit prices IPO at top of indicated range, sources say

By Echo Wang and Anirban Sen (Reuters) - Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and

US FCC investigating Amazon over alleged sale of outlawed products

(Reuters) - The U.S. Federal Communications Commission is investigating Amazon and other retailers for the alleged marketing and selling of unlawful electronic devices, an FCC spokesperson told

Crypto industry surveys US 2024 candidates, looking for friendly lawmakers

By Stephanie Kelly NEW YORK (Reuters) - The cryptocurrency industry, a new financial force in the 2024 U.S. election cycle, is surveying candidates for Congress on their views around the digital asset

Sam Bankman-Fried lives ‘life of delusion,’ new FTX CEO says as sentencing looms

By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried is delusional in claiming the possibility customers of now-bankrupt FTX cryptocurrency exchange may recover funds means he did not steal, his

Reddit prices IPO at top of indicated range to raise $748 million

By Echo Wang and Anirban Sen (Reuters) - Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and

On Camera

New labour codes are a simplification that’s been long overdue. Its a strategic shift

Imposition of formal rights and digital compliance mechanisms introduces new expectations for both employers and workers. This transition will require sustained awareness efforts.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

From a small Kangra village to Tejas cockpit: IAF fighter pilot Namansh Syal’s journey cut short

Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.