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Taiwan’s Wistron to raise up to $923 million in share sale
SYDNEY (Reuters) -Taiwanese electronics manufacturer Wistron Corp is looking to raise up to $923 million by selling global depository shares that will be listed in Luxembourg, according to a term sheet reviewed by Reuters on Thursday.
The…
AI is becoming a secret weapon for workers
Artificial intelligence is gradually becoming part of everyday working life, promising productivity gains and a transformation of working methods. Between enthusiasm and caution, companies are trying to harness this revolutionary technology…
Spotify CEO: AI to spur more music creativity, not a threat
STOCKHOLM: Artificial intelligence will encourage more people to create music in the future and is not a threat to the industry, the founder and CEO of streaming giant Spotify said.
Artists using machine-learning tools to produce music…
3D printing directly inside the human body
For the first time, researchers in the US have succeeded in printing solid hydrogel structures directly inside the human body. This revolutionary new technique paves the way for new applications in medicine, such as the creation of…
Google’s Sergey Brin gives shares worth US$700mil as a gift
Google co-founder Sergey Brin, tapping a personal fortune that exceeds US$140bil (RM596.05bil), gave nearly US$700mil (RM2.98bil) in Alphabet Inc shares away as a gift.
The contribution was disclosed May 21 in a regulatory filing, which…
Forget critical metals, this battery generates electricity using bacteria
Researchers in China have developed a completely new form of bio-battery based on bacteria, capable of generating its own electricity and recharging itself for several cycles.
This major breakthrough in miniaturised bio-batteries was…
Malaysia walks back Huawei AI project amid US-China tech tensions
KUALA LUMPUR, May 21 — Malaysia’s announcement and quick retraction of plans to deploy Huawei AI technology has highlighted the intensifying technological rivalry between the United States and China.
According to Bloomberg, the Malaysian…
China’s robobuses and robotaxis are coming to Europe
You may already have come across or used autonomous vehicles in Europe, which mainly serve as small closed-circuit shuttles for the time being. As legislation adapts to these new technologies, China's WeRide and Baidu are stepping up their…
Artificial intelligence insurance? This startup in Canada will cover the costs of AI mistakes
Lloyds of London, acting through a Toronto-based startup called Armilla, has begun to offer a new type of insurance cover to companies for the artificial intelligence era: Its new policy can help cover against losses caused by AI.
While…
Revolut plans $1.1 billion French expansion, will apply for banking licence
PARIS (Reuters) -British finance company Revolut said on Monday it plans to invest 1 billion euros ($1.1 billion) over the next three years on expanding in France and will soon apply for a French banking licence.
In an announcement as part…