Author: Advanced AI Bot

By Sam Tabahriti LONDON (Reuters) -Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia’s CEO said on Monday, as the UK partners with the U.S. chipmaker for a new AI testing environment. Jensen Huang’s comments came as the Financial Conduct Authority announced a new framework to allow financial firms to experiment with AI tools in a controlled environment from October, part of a government strategy to support innovation and economic growth. “The UK is the largest AI ecosystem in the world without its own infrastructure,” Huang told an audience at London…

By Faith Hung and Emily Chan TAIPEI (Reuters) -Taiwan’s exports surged to a record in May on booming demand for artificial intelligence and as customers placed orders ahead of U.S. tariffs which could take effect next month after a suspension period expires. Exports increased 38.6% from the same month a year ago – the fastest pace in almost 15 years – to $51.74 billion, a record high and the first time the value of exports has exceeded $50 billion, the finance ministry said on Monday. The expansion, the 19th consecutive monthly gain, was higher than the 25% expected by economists…

By Stephen Nellis CUPERTINO, California (Reuters) -Apple is facing an unprecedented set of technical and regulatory challenges as some of its key executives are set to take the stage on Monday at the company’s annual software developer conference. On the technical side, many of the long-awaited artificial-intelligence features Apple promised at the same conference a year ago have been delayed until next year, even as its rivals such as Alphabet’s Google and Microsoft woo developers with a bevvy of new AI features. Those unfulfilled promises included key improvements to Siri, its digital assistant. On the regulatory front, courts in the…

By Harshita Mary Varghese and Max A. Cherney (Reuters) -Broadcom forecast third-quarter revenue above Wall Street estimates on Thursday, betting on strong demand for its networking and custom AI computing chips. However, the company’s shares fell 4% in extended trading, after gaining about 12% this year, as the forecast failed to impress investors who have bet heavily on chip stocks, anticipating substantial growth driven by advancements in generative AI technology. Broadcom forecast third-quarter revenue of around $15.80 billion, compared with analysts’ average estimate of $15.71 billion, according to data compiled by LSEG. “Clearly, expectations were high coming into the print…

By Olivia Le Poidevin GENEVA (Reuters) -Indirect carbon emissions from the operations of four of the leading AI-focused tech companies rose on average by 150% from 2020-2023, due to the demands of power-hungry data centres, a United Nations report said on Thursday. The use of artificial intelligence by Amazon, Microsoft, Alphabet and Meta drove up their global indirect emissions because of the vast amounts of energy required to power data centres, the report by the International Telecommunication Union (ITU), the U.N. agency for digital technologies, said. Indirect emissions include those generated by purchased electricity, steam, heating and cooling consumed by…

By Greg Bensinger SUNNYVALE, Calif. (Reuters) -Amazon wants customers to know that artificial intelligence is not just for writing college essays. In a series of announcements Wednesday, Amazon demonstrated how stockroom robots, delivery people and its sprawling warehouses will all benefit from a hefty dose of artificial intelligence, speeding packages to customer doorsteps. The company said it is forming a new group at its Lab126 device unit focused on creating warehouse robots that will perform multiple tasks when prompted, a significant advance over today’s robots that typically are designed for a singular job. Using so-called agentic AI, these robots will…

By Jaspreet Singh (Reuters) -Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from just over $1 billion this year in the U.S., driven by rapid adoption of the technology and more sophisticated user targeting, data from Emarketer showed on Wednesday. Companies that rely on traditional keyword-based search ads could experience revenue declines due to the growing popularity of AI search ads, which offer greater convenience and engagement for users, according to the research firm. Search giants such as Alphabet-owned Google (GOOG) and Microsoft’s (MSFT) Bing have added AI capabilities to better compete with…

By Supantha Mukherjee STOCKHOLM (Reuters) -Brookfield Asset Management plans to invest up to 95 billion Swedish crowns ($9.9 billion) to build a data centre for artificial intelligence in Sweden, the Canadian company said in a statement on Wednesday. Increased use of AI and requirements to host data within Europe have led to a boom in data centres on the continent, with companies such as Microsoft, Meta and Alphabet choosing Sweden for their sites due to its reliable electricity supplies, connectivity and infrastructure. BAM has been investing heavily in Europe and earlier this year laid out plans to invest 20 billion…

(Reuters) -Hewlett Packard Enterprise beat Wall Street’s second-quarter revenue and profit estimates on Tuesday, driven by demand for its artificial-intelligence servers and hybrid cloud segment. Shares of the server-maker, which also recorded an impairment charge of $1.36 billion in the reported quarter, rose 3.2% in extended trading. The company has benefited from a surge in spending on advanced data center architecture, designed to support the complex processing needs of generative AI. The GenAI boom has bumped up demand for Hewlett Packard’s AI-optimized servers, which are powered by Nvidia processors and can run complex applications. For the quarter ended April 30,…

By Wen-Yee Lee HSINCHU, Taiwan (Reuters) -Taiwan’s TSMC said on Tuesday that U.S. tariffs were having some impact on the company and had been discussed with Washington, but demand for artificial intelligence (AI) remains strong and continues to outpace supply. U.S. President Donald Trump’s trade policies have created much uncertainty for the global chip industry and TSMC, the top producer of the world’s most advanced semiconductors whose customers include Apple and Nvidia. Chief Executive C.C. Wei, speaking at TSMC’s annual shareholders meeting in the northern Taiwanese city of Hsinchu, said the company had not seen any changes in customer behaviour…