Author: Advanced AI Bot

(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…

By Fanny Potkin and Che Pan SINGAPORE/BEIJING (Reuters) – Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said. Some shipments have already been made, they added. The timing is fortuitous for Chinese AI companies which have been left scrambling for domestic alternatives to the H20, the primary AI chip that Nvidia (NVDA) had until recently been allowed to sell freely in the Chinese market. This month, U.S. President Donald Trump’s administration told Nvidia that sales of the H20 would require…

By Stephen Nellis SAN FRANCISCO (Reuters) -Intel’s new CEO, Lip-Bu Tan, is flattening the semiconductor giant’s leadership team, with important chip groups reporting directly to him, according to a memo from Tan seen by Reuters. Intel has also promoted networking chip chief Sachin Katti to be chief technology officer and artificial intelligence chief, according to the memo. The leadership changes are the first major move under Tan, who took the top job last month, to turn around the venerable Silicon Valley chipmaker after years of problems. Intel’s data center and AI chip group, as well as its personal-computer chip group,…

(Reuters) – Micron Technology (MU) said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers. The new segment, called “cloud memory business unit”, will focus on products used by hyperscalers, as well as its high-bandwidth memory (HBM) chips that help perform data-intensive AI tasks quickly. HBM chips are closely watched by investors due to their use alongside AI graphic processors, particularly Nvidia’s. Micron is one the top three memory chipmakers in the world, besides South Korea’s SK Hynix and Samsung. NasdaqGS – Nasdaq Real Time Price…

BERLIN (Reuters) – The use of artificial intelligence will increase accuracy when predicting the monetary policy moves of the European Central Bank, a study by the German Institute for Economic Research DIW Berlin said on Wednesday. Researchers analysed the ECB’s communications from January 2019 to March 2025 using a specially trained text analysis model based on AI. The program takes each sentence of the ECB’s statements individually and analyses whether it is a signal for a restrictive, expansionary or neutral monetary policy, DIW expert Kerstin Bernoth said. In an extended forecasting model – using the text analysis and taking into…

(Reuters) – American chipmaker Intel has informed Chinese clients it will start needing a license to sell some of its advanced artificial intelligence processors, the Financial Times reported on Wednesday. The news comes a day after Nvidia warned of a $5.5 billion hit as Washington restricted exports of its AI processor tailored for China. Dutch chip-making tools giant ASML also raised doubts about its outlook earlier in the day. Intel, under new CEO Lip-Bu Tan, told clients last week that its chips would require a license for exporting to China if they have a total DRam bandwidth of 1,400 gigabytes…

DUBLIN (Reuters) – Ireland’s data regulator on Friday said it had opened an investigation into social media platform X over the use of personal data collected from European Union users to train its AI system Grok. Ireland’s Data Protection Commission (DPC) is the lead EU regulator for X due to the location of its EU operations in the country. It has the power to impose fines of up to 4% of a company’s global revenue under the EU’s strict General Data Protection Regulation (GDPR). The inquiry will look at “the processing of personal data comprised in publicly-accessible posts posted on…

By Greg Bensinger and Deborah Mary Sophia (Reuters) – Amazon chief executive Andy Jassy on Thursday justified the company’s billions of dollars in outlays for artificial intelligence development, saying the investment was necessary to remain competitive. “If your mission is to make customers’ lives better and easier every day, and you believe every customer experience will be reinvented by AI, you’re going to invest deeply and broadly in AI,” Jassy wrote in his letter to shareholders, an annual rite of passage for the top boss at the Seattle retailer. He said substantial capital investment is necessary to obtain AI chips…

By Krystal Hu, Anna Tong and Kenrick Cai SAN FRANCISCO – Venture capital firm Andreessen Horowitz is seeking to raise about $20 billion in what will be the largest fund in its history, to capitalize on global investors’ interest in backing U.S. artificial intelligence companies, sources told Reuters. The tech investment firm, known informally as a16z, has told limited partners that the fund will be dedicated to growth-stage investments in AI companies and draw upon global investors keen on investing in American companies, the sources said. The record fundraising and the goal of capitalizing on foreign investment interest in the…