Articles from www.reuters.com

Articles from www.reuters.com

xAI sues Apple and OpenAI in US federal court in Texas, accusing them of illegally conspiring to thwart AI competition (www.reuters.com)
2025-8-26 AI Apple Texas

PDD Holdings, which owns Pinduoduo and Temu, reports Q2 revenue up 7% YoY to ~$14.53B, above est., and net income down 5% YoY to ~$4.5B, driven by discounts (www.reuters.com)
2025-8-25

Some experts say Trump's extraordinary intervention is unlikely to save Intel, which faces challenges with poor yields and competition from TSMC and Nvidia (www.reuters.com)
2025-8-24 Trump Intel Nvidia

Databricks plans to acquire Tecton, which helps companies build and deploy ML applications, for an undisclosed sum; Tecton was valued at $900M in 2022 (www.reuters.com)
2025-8-23

Ontic, whose software helps corporate security teams respond to physical threats, raised a $230M Series C led by KKR, following a $40M Series B in November 2021 (www.reuters.com)
2025-8-23

Cloud security provider Netskope files for a US IPO, reports H1 FY 2026 revenue up 30.7% YoY to $328.5M; it is seeking to raise $500M+ at a $5B+ valuation (www.reuters.com)
2025-8-23 IPO

OpenAI sets up a legal entity, and plans to open its first office in India after launching ChatGPT Go, its cheapest plan, in the country on August 19 (www.reuters.com)
2025-8-22 India

Sources: the Trump admin plans to reallocate $2B+ from CHIPS Act to fund critical minerals projects, aiming to cut US reliance on China for key resources (www.reuters.com)
2025-8-22 Trump China

OpenAI says its Chief People Officer Julia Villagra will leave on August 22; Villagra joined in February 2024 and was promoted to the role in March 2024 (www.reuters.com)
2025-8-22

Russia orders that state-backed messenger app MAX, which critics say could be used to track users, must be pre-installed on phones and tablets from next month (www.reuters.com)
2025-8-22 Russia

The DOJ says it will no longer target developers who create decentralized crypto platforms without criminal intent, as part of a regulatory retreat on crypto (www.reuters.com)
2025-8-22 Decentralize

TinyFish, which develops AI-powered web agents that automate complex online tasks like dynamic price surveillance, raised a $47M Series A led by ICONIQ Capital (www.reuters.com)
2025-8-21 AI

Sources: Amazon plans a major revamp of its Fire tablets and is set to release a higher-end Android tablet as soon as 2026, a first after using forked Android (www.reuters.com)
2025-8-20 Android Amazon

Sources: China is considering allowing yuan-backed stablecoins to boost global yuan adoption; the State Council may approve a roadmap later in August (www.reuters.com)
2025-8-20 China

Baidu reports Q2 revenue down 4% YoY to ~$4.6B, slightly below est., and online ad revenue down 15% YoY to ~$2.3B, as China's ad market remains weak (www.reuters.com)
2025-8-20 China

Sources: US Commerce Secretary Howard Lutnick is exploring government equity stakes in return for CHIPS Act funding from Micron, TSMC, Samsung, and others (www.reuters.com)
2025-8-20 Samsung Equity

EliseAI, which provides AI tools for healthcare and housing industries, raised a $250M Series E led by a16z, doubling its valuation to $2.2B from August 2024 (www.reuters.com)
2025-8-20 Real Estate AI

Vantage Data Centers plans to spend $25B+ to build a 1.4 GW data center campus in Shackelford County, Texas, the largest in its global portfolio (www.reuters.com)
2025-8-20 Texas

The White House launches an official TikTok account, with the aim of communicating President Trump's policies (www.reuters.com)
2025-8-20 Trump

Google will pay $30M to settle a class action lawsuit alleging it violated kids' privacy on YouTube by collecting data without parental consent for targeted ads (www.reuters.com)
2025-8-20 Google YouTube

Tether hires Bo Hines, who stepped down as White House Crypto Council Executive Director earlier in August, as an adviser to help it expand in the US (www.reuters.com)
2025-8-20

A survey of 4,446 US adults on AI: 71% are concerned AI will permanently displace large numbers of workers, 61% worry about electricity consumption, and more (www.reuters.com)
2025-8-19 AI

Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than the H20 available in China (www.reuters.com)
2025-8-19 China AI Nvidia

OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to expand in its second-largest market (www.reuters.com)
2025-8-19 India

US DNI Tulsi Gabbard says the UK has agreed to drop its mandate requiring Apple to provide a backdoor for accessing users' encrypted data (www.reuters.com)
2025-8-19 Apple

The US FTC sues Key Investment Group, operator of sites like TotalTickets.com, for skirting ticket limits to buy up and resell live event tickets at a markup (www.reuters.com)
2025-8-19

Blockchain-based lender Figure files for a US IPO, reporting H1 revenue up 22.4% YoY to $191M and a profit of $29M, compared with a loss of $13M in H1 2024 (www.reuters.com)
2025-8-19 Blockchain IPO

Source: Arm has hired Amazon AI chip director Rami Sinno to help develop its own chips; he previously worked on Amazon's Trainium and Inferentia chips (www.reuters.com)
2025-8-19 Amazon AI

Australia's ACCC says Google agreed pay a ~$36M fine over deals from 2019-2021 with Telstra and Optus to pre-install only Google Search on Android phones (www.reuters.com)
2025-8-18 Android Australia Google Telstra

The World Humanoid Robot Games kicked off in Beijing on August 15, with robots across 280 teams from 16 countries competing in track and field and other sports (www.reuters.com)
2025-8-16 Robot

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