Technology

Oracle soars after raising annual forecast on robust cloud services demand

(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7% after the bell.

Technology

CoreWeave to offer compute capacity in Google's new cloud deal with OpenAI, sources say

(Reuters) -CoreWeave has emerged as a winner in Google's newly signed partnership with OpenAI, sources familiar with the matter told Reuters, in the latest example of the voracious appetite for computing resources in the artificial-intelligence industry and the formation of new alliances to meet them. 

Technology

Google names insider Kavukcuoglu to lead AI-powered product development

(Reuters) -Alphabet's Google on Wednesday appointed an insider to lead its future AI-powered product development, as AI enters a new phase of mainstream adoption, according to a memo from CEO Sundar Pichai to company leaders seen by Reuters.

Technology

Consumer Reports urges Congress to drop electric vehicle tax proposal

WASHINGTON (Reuters) -An influential consumer organization on Wednesday urged Republican lawmakers to drop a plan to impose a proposed $250 annual fee on electric cars to pay for road repairs.

Technology

Tesla robotaxi rollout in Austin tests Musk's vision of self-driving future

(Reuters) -Tesla faces an existential test this month as it aims to launch self-driving "robotaxis" in its home base of Austin, Texas, where public-safety officials are increasingly concerned about the state's anti-regulation stance toward autonomous vehicles. 

Technology

Space tech firm Voyager valued at $3.8 billion as shares surge in NYSE debut

(Reuters) -Voyager Technologies secured a valuation of $3.8 billion after the defense and space firm's shares more than doubled in their U.S. debut, signalling strong interest in the sector expected to thrive under the Trump administration.

Technology

Talen Energy and Amazon sign nuclear power deal to fuel data centers

(Reuters) -U.S. utility Talen Energy announced on Wednesday an expanded nuclear energy partnership with Amazon.com to supply up to 1,920 megawatts of electricity from its Susquehanna plant in Pennsylvania to Amazon Web Services (AWS) data centers.

Technology

Nvidia, Perplexity partner with European firms to boost local AI models

SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with more than a dozen AI firms in Europe and the Middle East to refine those firms' AI technologies and distribute them to local businesses.

Technology

Meta to pay nearly $15 billion for Scale AI stake, The Information reports

(Reuters) -Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.

Technology

Meta and TikTok challenge tech fees in second highest EU court

LUXEMBOURG (Reuters) -Meta Platforms and TikTok said a European Union supervisory fee levied on them was disproportionate and based on a flawed methodology as they took their fight with tech regulators to Europe's second highest court on Wednesday.

Technology

Nvidia CEO says quantum computing is at an inflection point

PARIS (Reuters) -Quantum computing technology is at an inflection point, Nvidia CEO Jensen Huang reiterated on Wednesday at the VivaTech conference in Paris.

Console

Nintendo's Switch 2 soups up the graphics, but does it deliver the games?

The 7.9in portable display (up from 6.2in) boosts the resolution to 1020p (from 720p), and while the LCD screen isn't quite as sharp as an OLED screen might have been, it's much cleaner than the original recipe Switch.

iOS

Will your iPhone, iPad and Mac be compatible with Apple's new operating systems?

At its WWDC25 developer conference, Apple unveiled its upcoming operating systems for iPhone, iPad, and Mac, expected to be released this fall. But not everyone with Apple hardware will be able to enjoy iOS 26, iPadOS 26, and macOS Tahoe.

e-Hailing

Uber to launch driverless taxis in London next year

Ride-hailing firm Uber will launch self-driving taxis in London next year when England trials new driverless services, the firm and the UK government said on Tuesday.

Technology

Capita to roll out AI-powered recruitment this summer

LONDON (Reuters) -Capita, a British outsourcer that works with government, armed forces and companies, said it was using AI to cut recruitment from weeks to just hours, and it would roll out the service, developed with Salesforce Inc, this summer.

Technology

IBM claims ‘real world’ edge in quantum computing race

Technology veteran IBM on June 10 laid out a plan to have a "practical" quantum computer tackling big problems before the end of this decade.

Wearables

Snap’s first consumer AR ‘Specs’ glasses will arrive in 2026

Snap Inc plans to launch its first consumer pair of augmented-reality glasses next year, beating a planned release from rival Meta Platforms Inc by several months.

Cybersecurity

MyCert: Malaysia data breaches up 29% in Q1 2025

According to its latest Cyber Incident Quarterly Summary report released on June 10, MyCert received 195 incidents reports on data breaches in Q1 2025, compared to 151 in Q4 2024.

Console

Nintendo's Switch 2 scores record early sales

The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said on June 11.

AI

'Applied AI' set to dominate France's Vivatech trade fair

Drawing high-powered tech CEOs and a presidential visit, Paris's Vivatech trade fair opening on Wednesday will spotlight hoped-for economic benefits from AI.