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Reuters Global 28.05.2026

Exclusive: ByteDance developing custom CPU chips to support AI rollout, sources say

Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as ‌surging chip prices and prolonged supply shortages constrain its expansion plans....

Reuters Global 28.05.2026

Exclusive: Japan state-backed fund considering sale of chipmaking materials maker JSR, sources say

Japan Investment Corp (JIC), a state-backed fund, is considering ‌selling JSR, two people familiar with the matter said, two years after it took the maker of chipmaking materials private in a $6 billion deal....

Reuters Global 28.05.2026

Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University, FT reports

Nvidia CEO Jensen Huang has agreed to join the advisory ‌board of a Beijing university which counts Apple's Tim Cook as chair, the Financial Times reported on ⁠Wednesday, citing people familiar with the matter....

Reuters Global 28.05.2026

London reclaims top European tech spot from Paris, Dealroom says

London has reclaimed its position as Europe's leading technology centre, overtaking Paris thanks to increased investment in artificial intelligence and deep tech ‌innovation, according to Dealroom's Global Tech Ecosystem Index 2026....

Reuters Global 28.05.2026

HP beats revenue, profit estimates as AI PC and Windows 11 refresh boost demand

HP beat Wall Street estimates for second-quarter revenue and profit on Wednesday, driven by strong demand for AI-optimized personal computers and the Windows 11 refresh cycle....

Reuters Global 28.05.2026

Mistral defends AI use in warfare, rebuts Pope criticism

The founder of French AI startup Mistral on Thursday pushed back against criticism from the Pope over the use of AI in warfare, saying Europe must be able to protect itself ‌as rivals deploy the technology....

Reuters Global 28.05.2026

South Korea's Kakao says it fails to reach a pay deal with union

South Korean tech firm Kakao Corp said it has failed to reach a pay deal ‌with its union after second-round negotiations mediated by the government on Wednesday....

Reuters Global 28.05.2026

Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl

The Pentagon on Wednesday announced a five-year, $9.69 billion agreement to consolidate Microsoft and ‌other enterprise software licenses scattered across the military services, the intelligence community, and the U.S. Coast Guard into a single contract vehicle, officials said....

Reuters Global 28.05.2026

Synopsys raises annual forecast on demand for AI chip design software

Synopsys raised its annual results forecast on Wednesday, signaling steady demand for its chip design software from companies ‌racing to develop AI chips and infrastructure....

Reuters Global 28.05.2026

Salesforce sees quarterly revenue below estimates amid AI disruption fears

Salesforce forecast second-quarter revenue below Wall Street estimates on ‌Wednesday amid ongoing concerns that AI rivals such as Anthropic could rapidly disrupt demand for traditional software vendors....

Reuters Global 28.05.2026

Snowflake raises annual product revenue forecast, strikes $6 billion AWS deal

Snowflake raised its annual product revenue forecast on Wednesday, signaling growing demand for AI-driven ‌workloads and cloud migrations, sending shares of the cloud-based data analytics platform surging 29% in extended trading....

Reuters Global 27.05.2026

Snowflake signs $6 billion deal with AWS tied to AI infrastructure

Snowflake said on ‌Wednesday it has signed a $6 billion ⁠deal with Amazon Web Services , with the investment tied ‌to ⁠AWS' Graviton processors and AI chip ⁠infrastructure....

Reuters Global 27.05.2026

Capgemini says AI widens client spending pool

Capgemini on Thursday said artificial intelligence was opening access to client spending beyond traditional information technology budgets, as the French technology services group sought to ‌ease investor concerns that the technology could disrupt its business model....

Reuters Global 27.05.2026

OpenAI Foundation commits $250 million to help workers, economies navigate AI disruption

The non-profit that controls OpenAI will commit an initial $250 million for grants, partnerships and direct work aimed at helping workers and economies navigate the disruption caused by AI technology, it said on Wednesday....

Reuters Global 27.05.2026

Global firms use AI at Indian hubs to bring more ad work in-house

Global companies are using AI at their Indian hubs to bring more creative work in-house, cutting turnaround time and their reliance on external agencies for advertising as the new technology reshapes the ad industry....

Reuters Global 27.05.2026

Robinhood opens platform to AI agents for trading, credit card purchases

Robinhood will allow customers to deploy AI agents to trade stocks on its platform and make purchases on its credit card, the company said on Wednesday....

Reuters Global 27.05.2026

Chipmaker X-FAB surges in retail-driven rally as chip frenzy builds

Shares of European chipmaker X-FAB jumped as much as 76% on Wednesday, driven by retail buying amplified by a viral ‌social media post, the latest sign of chip sector frenzy....

Reuters Global 27.05.2026

Zuckerberg's philanthropic venture unveils AI world model for drug discovery

Biohub, a philanthropic venture of Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, launched on Wednesday a world model of protein biology to accelerate drug discovery....

Reuters Global 27.05.2026

European operators get bulk of mobile satellite spectrum, rest for non-EU rivals, EU says

Non-European satellite operators such as Elon Musk's Starlink and Amazon's low-earth-orbit satellite business can bid for European mobile satellite spectrum next year but the bulk ‌of the frequencies will be reserved for European businesses, the European Commission said on Wednesday....

Reuters Global 27.05.2026

Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe

Schaeffler and U.S.-based satellite operator Spire Global have signed a memorandum of understanding to jointly develop space ‌hardware and satellite platforms for European defence, weather and security applications....

Reuters Global 27.05.2026

Investors hunt for AI winners in small-cap US tech stocks

U.S. small-cap technology stocks are surging after years of underperformance, a sign of how the AI frenzy is pushing technology investors to look beyond the Nvidias and Intels of the world....

Reuters Global 27.05.2026

CD Projekt to launch new expansion for 'The Witcher 3: Wild Hunt'

Poland's largest video game developer CD ‌Projekt will release a third story expansion for its flagship game "The Witcher ⁠3: Wild Hunt" in 2027, it said on Wednesday, helping to bridge the gap before its next major title....

Reuters Global 27.05.2026

Amazon invests $20 billion in UK in 2025

Amazon invested over £15 billion ($20 billion) in Britain in 2025, keeping the e-commerce giant on track ‌to deliver its planned £40 billion investment in the three years to the end of 2027, it said on Wednesday....

Reuters Global 27.05.2026

SpaceX's Starship test strengthens IPO case, though hurdles remain

SpaceX's upgraded Starship launch on Friday delivered enough progress to keep the momentum intact behind Elon Musk's $1.75 trillion IPO, while warning that full reusability of the rocket remains a work in progress....