Author: Advanced AI Bot

(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end products of U.S. chip giant Nvidia, the Wall Street Journal reported on Sunday. Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the report said, citing people familiar with the matter. NasdaqGS – Delayed Quote • USD At close: April 25 at 4:00:01 PM EDT The Chinese company hopes that the latest iteration of its Ascend AI processors will be more powerful than Nvidia’s H100, and is slated to…

By Paul Sandle LONDON (Reuters) -Britain could gain 400 billion pounds ($533 billion) from AI-driven growth if it trained its workforce, Google said, after a pilot scheme in the UK showed workers could save more than 120 hours a year by using AI in administrative tasks. Simple steps such as giving workers permission to use AI and a few hours of training to get them started could help double the adoption of the new technology, and in turn boost economic growth, Google said in a report on its pilot scheme, published on Friday. The U.S. tech giant, which developed the…

By Arsheeya Bajwa, Max A. Cherney and Stephen Nellis (Reuters) -One of Intel’s biggest missteps over the past decade was the failure to challenge Nvidia’s dominance in the fast-growing market for artificial intelligence chips. During his first earnings conference call with analysts as Intel’s new CEO, Lip-Bu Tan outlined how Intel hopes to change that, but warned, “This is not a quick fix.” Tan said he would comb through Intel’s existing products to sharpen them for emerging trends in the AI market such as robotics and agents that can carry out tasks for human users. The undertaking will be challenging…

(Reuters) -CenterPoint Energy reported a fall in first-quarter profit on Thursday, but the U.S. utility raised its capital expenditure plan to meet expected demand from data centers used for artificial intelligence technologies. A winter storm in January across the U.S. Gulf Coast brought major cities like Houston and New Orleans to a near-standstill and broke records for the coldest day across the regions. The ensuing damage to power lines and widespread outages increased the operating and maintenance (O&M) costs for utilities. CenterPoint said its O&M costs rose 5.4% from a year ago to $747 million during the quarter. Costs for…

By Heekyong Yang and Joyce Lee SEOUL (Reuters) -SK Hynix, a key supplier of high-bandwidth memory processors to Nvidia, said quarterly profit more than doubled and demand for AI chips was so robust that it expects only limited impact on those products from potential U.S. tariffs. Washington has launched an investigation into semiconductor imports, arguing that extensive reliance on foreign production is a national security threat. There have also been concerns that increased U.S. export controls on chips to China, which have resulted in a $5.5 billion hit to Nvidia, could harm SK Hynix. “Regarding our HBM business, what we…

By Qiaoyi Li and Brenda Goh SHANGHAI (Reuters) -China-based robotaxi developer Pony.ai Inc said on Thursday that U.S. President Donald Trump’s trade war with China was likely to dampen its international expansion plans, but it anticipated little direct impact on its supply chain. The Toyota-backed company has been exploring the deployment of its autonomous driving business in South Korea, Luxembourg, the Middle East and other countries after raising $260 million from listing on the Nasdaq in November. Trump’s move to impose a blanket 10% tariff on all other U.S. imports and a higher 145% levies on Chinese products has roiled…

SINGAPORE – China’s Zhipu AI is ramping up its overseas expansion through a partnership with Alibaba Cloud, an executive said on Wednesday, as the startup prepares for an initial public offering. The Beijing-headquartered startup is pitching governments globally to help them launch localised sovereign AI agents, vice-president Carol Lin told an audience at tech conference GITEX Asia. The company now has offices in the Middle East, Singapore, the United Kingdom and Malaysia, and is running joint “innovation centers” across Asia, including in Indonesia and Vietnam, she said. Founded in 2019 as a Tsinghua University spinoff, Zhipu AI has emerged among…

By Aditya Soni (Reuters) – Corporate America’s artificial intelligence investment frenzy has shrugged off fears of slow returns and doubts fueled by AI models built cheaply by China’s DeepSeek. But a global trade war started by the Trump administration threatens to stall the boom across industries from energy to software. Upcoming earnings reports from tech giants including Alphabet and Microsoft, as well as utilities that power massive data centers such as Vistra and Constellation Energy, will show whether tit-for-tat tariffs between the U.S. and China are forcing businesses to rethink their ambitious infrastructure plans. Their clients, which range from retailers…

(Reuters) -Dutch chipmaking parts supplier BE Semiconductor Industries (Besi) said on Wednesday that its order bookings, an important indicator of future growth, rose 8.2% against last quarter as orders from Asian subcontractors for AI related data centre applications picked up. Investors are banking on growing orders for Besi’s hybrid bonding solutions and its first-mover advantage amid a surge in demand for AI-enabling technology. Besi’s CEO Richard Blickman said in a statement the timing and trajectory of the upturn was more difficult to predict now given the uncertainties around the escalating trade war. “However, demand for advanced packaging for AI applications…

(Reuters) -Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday. An IMF report released at its annual spring meeting in Washington nonetheless noted that those output gains would not be shared equally across the world, and called on policymakers and businesses to minimise costs to broader society. “Despite challenges related to higher electricity prices and greenhouse gas emissions, the gains to global GDP from AI are likely to…