Technology

Exclusive-Outsourcing firm WNS fields takeover interest, sources say

NEW YORK (Reuters) -WNS Holdings, a technology outsourcing services firm with a market value of $2.8 billion, is exploring a sale after attracting acquisition interest from potential suitors including Capgemini, according to people familiar with the matter.

Technology

CoreWeave shares soar past IPO price on third trading day

(Reuters) -Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40.

Technology

If AI doesn't kill your company, it will make it stronger, study shows

FRANKFURT (Reuters) - If a company can survive the upheaval caused by the adoption of artificial intelligence, AI will help it thrive in the longer run, a study presented at a European Central Bank conference has found.

Technology

Ghibli effect: ChatGPT usage hits record after rollout of viral feature

(Reuters) -The frenzy to create Ghibli-style AI art using ChatGPT's image-generation tool led to a record surge in users for OpenAI's chatbot last week, straining its servers and temporarily limiting the feature's usage.

Technology

Qualcomm considers takeover offer for UK's Alphawave

(Reuters) -U.S. chipmaker Qualcomm said on Tuesday it was considering making an offer to acquire UK-based Alphawave, sending shares of the British company surging.

Technology

Cerebras Systems, Ranovus win $45 million US military deal to speed up chip connections

SAN FRANCISCO (Reuters) - Cerebras Systems, a Silicon Valley-based AI chip company, and Canadian chip startup Ranovus said on Tuesday that they had been awarded a $45 million contract from the U.S. military to speed up connections between computing chips.

Technology

Roblox announces new ad format, Google partnership to boost advertising business

(Reuters) - Roblox on Tuesday launched a new format of video advertising on its gaming platform and announced a partnership with Google to help boost the growth of its nascent ad business.

Technology

Samsung Elec appoints mobile chief as interim head of consumer and smartphone division

SEOUL (Reuters) -Samsung Electronics appointed its mobile chief Roh Tae-moon as acting head of its consumer and smartphone business on Tuesday, following the death of his predecessor, Han Jong-Hee, a week ago.

Internet

Nascent tech sector ignites hopes for Syria's future

Tech entrepreneurs hope to revive Syrian economy even as sanctions complicate payments and access.

Smartphones

Study: Keeping your phone out of reach won't improve your concentration at work

The smartphone, our faithful daily companion, never leaves our side, even in the office. But is placing it out of reach enough to improve concentration and productivity?

Video games

'Otome' set hearts racing as women in China embrace interactive video games

Gamers are still predominantly perceived as men. However, in China, things are changing. Thanks to "otome", a video game genre that focuses on love stories, more and more women are getting into gaming.

Technology

Lightmatter releases new photonics technology for AI chips

SAN FRANCISCO (Reuters) - Lightmatter, a startup valued at $4.4 billion, on Monday released two pieces of technology aimed at speeding up the connections between artificial intelligence chips.

Drones

An AI-based drone that speeds up the detection and monitoring of wildfires is presented in Germany

A company that specialises in early wildfire detection has developed a new, AI-based drone it says will help speed up the detection, location and monitoring of fires.

Technology

SpaceX launches private astronaut crew in Fram2 polar-orbiting mission

WASHINGTON (Reuters) -Elon Musk's SpaceX on Monday launched a crew of four private astronauts led by a crypto entrepreneur on a mission to orbit Earth from pole to pole, a novel trajectory in which no humans have traveled before.

Technology

Intel's new CEO tells customers 'be brutally honest with us'

SAN FRANCISCO (Reuters) - In his first remarks as Intel's new CEO, Lip-Bu Tan on Monday outlined a leaner version of the iconic American chipmaker in which he would work directly with engineers to develop new products based on feedback from the company's customers.

Technology

AI-powered cybersecurity firm ReliaQuest valued at $3.4 billion in latest funding round

-AI-powered cybersecurity firm ReliaQuest said on Monday it has raised more than $500 million in a funding round led by EQT, KKR and FTV Capital, valuing it at $3.4 billion.

Technology

OpenAI to raise $40 billion in SoftBank-led new funding

(Reuters) - OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrastructure, and enhance its AI tools.

Technology

IMF's Georgieva says initial signs from US on digital deregulation are encouraging

WASHINGTON (Reuters) -Initial signs from the Trump administration on its plans to deregulate digital assets are "quite encouraging," International Monetary Fund Managing Director Kristalina Georgieva said in a Reuters NEXT Newsmaker interview on Monday.

Technology

OpenAI plans to release open-weight language model in coming months

(Reuters) -OpenAI is planning to release its first open-weight language model with reasoning capabilities since GPT‑2 in the coming months, CEO Sam Altman said on Monday.

Technology

Europe's defence challenge energises young techies at hackathon

AMSTERDAM (Reuters) - A weekend hackathon in Amsterdam aimed at finding fast-and-cheap battlefield solutions for Ukraine drew more than 100 young programmers and engineers, with many saying Europe's rearmament plans were prompting them to consider careers in defence.