Author: Advanced AI Bot

By Arsheeya Bajwa and Kritika Lamba (Reuters) -AI server maker Super Micro Computer on Tuesday cut its third-quarter revenue and profit expectations due to delays in customer spending, amplifying worries of a pullback in AI-linked investments and pushing its shares down 16%. The dour projections come after months of accounting issues had prompted a potential delisting, damaging customer and investor confidence in a company that had emerged as one of the biggest winners of the AI trade. Investor jitters around AI spending have also heightened as U.S. President Donald Trump’s sweeping tariffs on trading partners have sparked fears of a…

By Kenrick Cai SAN FRANCISCO (Reuters) -Meta Platforms on Tuesday announced an application programming interface in a bid to woo businesses to more easily build AI products using its Llama artificial-intelligence models. Llama API, which was unveiled during the company’s first-ever AI developer conference, will help Meta go up against APIs offered by rival model makers including Microsoft -backed OpenAI, Alphabet’s Google and emerging low-cost alternatives such as China’s DeepSeek. “You can now start using Llama with one line of code,” chief product officer Chris Cox said during a keynote speech onstage. APIs allow software developers to customize and quickly…

(Reuters) -Chinese tech giant Alibaba Group (BABA) launched Qwen 3 on Tuesday, an upgraded version of its flagship artificial intelligence model that introduces new hybrid reasoning capabilities. The launch comes as competition in China’s AI sector intensifies, spurred by the breakout success of local startup DeepSeek earlier this year, which claimed to have built high-performing models at lower costs than their Western counterparts. NYSE – Delayed Quote • USD At close: April 28 at 4:00:02 PM EDT Chinese search leader Baidu joined the AI arms race last Friday with the release of its Ernie 4.5 Turbo and reasoning-focused Ernie X1…

(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…