India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

Ola electric scooters are seen outside the Ola Electric Service Centre, in Thane on the outskirts of Mumbai, India, October 25, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights Ola sees 2023-24 sales 66% lower than previous estimate-document Ola aims now to turn profitable a year later in 2024-25-document Targets “toned down” after govt incentive cuts-sources […]

Shanghai wants Microsoft to promote AI tech in city – govt

A Microsoft sign at the U.S. tech giant’s offices in Issy-les-Moulineaux, near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights BEIJING, Dec 5 (Reuters) – Shanghai authorities told Microsoft’s (MSFT.O) visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub’s government […]

Exclusive: Apple warns India’s EU-style charger rules will hit local production target

[1/2]Apple iPhones are seen inside India’s first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights Apple lobbies India to delay EU-like rule on common charger U.S. giant seeks more time in India beyond EU deadline Apple says production targets […]

Senior US official visits India, discusses alleged plot to kill Sikh separatist

[1/3]File photo: The flags of the United States and India are displayed on the Eisenhower Executive Office Building at the White House in Washington, U.S., June 21, 2023. REUTERS/Elizabeth Frantz/File photo Acquire Licensing Rights WASHINGTON, Dec 4 (Reuters) – White House deputy national security adviser Jon Finer led a U.S. delegation to New Delhi on […]

AT&T bets on new technology to build US telecommunications network

The logo of AT&T is seen at a store in Golden, Colorado United States on July 25, 2017. Reuters/Rick Wilking/file photo obtain licensing rights STOCKHOLM, Dec 4 (Reuters) – AT&T (TN) It said Monday it plans to use so-called ORAN technology for 70% of its wireless network traffic in the United States by the end […]

10x Genomics sues rival Curio over gene-sequencing technology

A technician works with genome samples in a laboratory of biotech company Synogen, which specializes in dog cloning, on June 15, 2018 in Beijing, China. Photo taken on June 15, 2018. Reuters/Thomas Peter obtain licensing rights Summary companies law firm 10x says Curio’s Seeker kits infringe patents 10x won $31 million from rival NanoString in […]

AI defined 2023. Bullets and ballots will shape 2024

Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Dec 4 (Reuters) – How to sum up the most important news of the year past? The obvious answer in 2023 is to use Artificial Intelligence. In that spirit, I asked OpenAI’s ChatGPT and Google’s Bard – […]

AstraZeneca, AI biologics firm Absci tie up on cancer drug

The AstraZeneca logo is pictured outside the AstraZeneca office building in Brussels as part of the coronavirus disease (COVID-19) vaccination campaign, Belgium, January 28, 2021. REUTERS/Johanna Geron/File Photo Acquire Licensing Rights Dec 3 (Reuters) – Anglo-Swedish drugmaker AstraZeneca (AZN.L) has signed a deal worth up to $247 million with U.S. artificial intelligence (AI) biologics firm […]

Generative AI a stumbling block in EU legislation talks -sources

[1/2]Technology leaders attend a generative AI (Artificial Intelligence) meeting in San Francisco as the city is trying to position itself as the “AI capital of the world”, in California, U.S., June 29, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights STOCKHOLM/BRUSSELS/LONDON, Dec 1 (Reuters) – EU lawmakers cannot agree on how to regulate systems like ChatGPT, […]

India resumes imports of Venezuelan oil, Reliance seeks direct deal

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights NEW DELHI/HOUSTON/SINGAPORE, Dec 1 (Reuters) – Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance (RELI.NS) set to meet executives from state firm PDVSA next week […]