Articles from www.reuters.com

Articles from www.reuters.com

The UK CMA launches a probe into the planned $13.25B merger of ad giants Omnicom and Interpublic to assess potential competition reduction in the UK ad market (www.reuters.com)
18 hours ago

Dealogic: tech deals accounted for $421B of the $1.67T in global deals announced in the first five months of 2025, with 75% of tech M&A involving AI software (www.reuters.com)
1 day ago AI

Sources: Google, Scale AI's largest customer, plans to cut ties with the company after the Meta deal; Microsoft, OpenAI, and xAI also plan to step back (www.reuters.com)
3 days ago Google Microsoft AI

Customs data shows Foxconn exported $3.2B worth of iPhones from India between March and May, with an average 97% to the US, up from a 2024 average of 50.3% (www.reuters.com)
4 days ago India

Cloud computing startup Crusoe plans to buy ~$400M worth of AI chips from AMD to rent to customers for its US data center that will come online by fall (www.reuters.com)
4 days ago Startup AI AMD

Mattel partners with OpenAI to create AI-powered toys and games, with the first product expected in 2025, and integrates ChatGPT Enterprise in its business (www.reuters.com)
4 days ago AI

Nvidia plans to build its first industrial AI cloud platform in Germany for European manufacturers, combining AI with robotics to assist carmakers like BMW (www.reuters.com)
5 days ago Germany Europe AI Robot Nvidia

A majority of six of the 11 judges on Brazil's Supreme Court have voted to hold social media companies liable for some types of users' content seen as illegal (www.reuters.com)
5 days ago Brazil

Sources: CoreWeave will provide computing capacity to Google as part of Google's cloud deal with OpenAI; Google will also supply its own compute to OpenAI (www.reuters.com)
5 days ago Google

Israeli data security startup Cyera raised $540M led by Georgian, Greenoaks, and Lightspeed at a $6B valuation, up from $3B in November 2024 after raising $300M (www.reuters.com)
5 days ago Israel Startup

Meta and TikTok challenge the EU's DSA supervisory fee, set at 0.05% of annual global net income, in the EU's General Court, arguing it is disproportionate (www.reuters.com)
5 days ago

Sources: OpenAI plans to add Google Cloud to meet its growing needs for computing capacity, a surprising collaboration; source: the deal was finalized in May (www.reuters.com)
6 days ago Google

Linear, which makes software development and project planning tools that rival Atlassian's Jira, raised an $82M Series C led by Accel, valuing it at $1.25B (www.reuters.com)
6 days ago Atlassian

Ofcom launches nine Online Safety Act investigations, including into 4chan over alleged illegal content and into seven file-sharing services over possible CSAM (www.reuters.com)
6 days ago

Chinese state media: CEO Ren Zhengfei says Huawei chips lag one generation behind US peers and claims the US “exaggerated Huawei's achievements” (www.reuters.com)
7 days ago China

Amazon plans to invest $20B+ in Pennsylvania to expand data center infrastructure, less than a week after announcing it would invest $10B in North Carolina (www.reuters.com)
7 days ago Amazon

Sources: Shein and Reliance plan to expand their Indian supplier base from 150 to 1,000 and sell India-made, Shein-branded clothes globally within 12 months (www.reuters.com)
7 days ago India

The UK Financial Conduct Authority partners with Nvidia to launch a Supercharged Sandbox for financial companies to test AI tools, starting in October 2025 (www.reuters.com)
7 days ago AI Nvidia

Getty's copyright lawsuit against Stability AI begins at London's High Court, accusing it of unlawfully scraping millions of images; Stability denies the claims (www.reuters.com)
7 days ago AI London

Boulder, CO-based quantum computing startup Infleqtion raised a $100M Series C and partnered with US government services contractor SAIC to pursue defense deals (www.reuters.com)
10 days ago Startup Quantum

Walmart's Flipkart secures a lending license from the RBI, letting the e-commerce company offer loans directly to Indian customers and sellers on its platform (www.reuters.com)
10 days ago India Walmart

OpenAI is appealing a court order in the NYT case requiring it to keep ChatGPT outputs indefinitely, saying it conflicts with its privacy commitments to users (www.reuters.com)
11 days ago

Source: Apple expands its Tata partnership in India by assigning it the iPhone and MacBook after-sales repair business, taking over from Taiwan's Wistron (www.reuters.com)
11 days ago India Taiwan iPhone Apple MacBook

Didi reports Q1 revenue up 8.5% YoY to ~$7.4B, a ~$334M net income, up from a ~$194M loss YoY, transactions up 10% YoY to 3.3B, and ~$418M international revenue (www.reuters.com)
11 days ago

Pan-European consumer group BEUC files a complaint with the EC against Shein over its alleged use of “dark patterns”, after targeting Temu in 2024 (www.reuters.com)
12 days ago Europe

Epic v. Apple: a US appeals court rejects Apple's request to pause key parts of a federal judge's order requiring it to open the App Store to more competition (www.reuters.com)
12 days ago Apple

Microsoft launches a free cybersecurity program for European governments to boost defenses against AI-enhanced threats, particularly state-sponsored attacks (www.reuters.com)
12 days ago Europe Microsoft AI

Brookfield says it plans to invest ~$10B to build an AI data center in the Swedish city of Strangnas, after committing to spend €20B in France earlier in 2025 (www.reuters.com)
12 days ago France AI Sweden

Nokia, Nvidia, Safran, and 40+ organizations plan to build an EU-funded unmanned drone project to protect critical infrastructure, set to launch in three years (www.reuters.com)
12 days ago Drone Nvidia Nokia

AI coding startups are at risk of being disrupted by Google, Microsoft, and OpenAI; source: Microsoft's GitHub Copilot grew to over $500M in revenue last year (www.reuters.com)
13 days ago Google Microsoft Startup AI GitHub

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