How Schneider Electric is using AI in call centers and manufacturing to complement employees' work and boost productivity, rather than to replace them — For many chief executives, success in adopting artificial intelligence is measured by the number of jobs they can eliminate.
Sources detail AI companies' engagement with US FERC as the energy regulator readies a June proposal to speed up data center connections to regional power grids — “The hyperscalers, when they do come speak to us, they don't speak FERC,” Swett said. “Their complaints about the utilities …
MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth — TAIPEI — MediaTek says it has started working with Intel for advanced chip packaging in addition to its existing relationship with TSMC …
Paxos says the US SEC has approved its registration as a clearing agency, allowing it to provide clearing and settlement services for eligible transactions — Quick Take — Paxos said its subsidiary, Paxos Securities Settlement Company (PSSC), has received registration as a clearing agency …
Sources: Australia-founded Airwallex, which Keith Rabois accused of being a “Chinese backdoor”, is relocating some staff out of China amid its US expansion — Australia-founded Airwallex is pursuing US expansion amid intensifying rivalry between Washington and Beijing
Sources: Germany and Spain are leading opposition to EU plans to ban Chinese suppliers like Huawei from telecom networks as part of new cybersecurity rules — Germany and Spain are leading opposition to European Commission plans to ban Chinese technology suppliers from telecom networks …
Xreal launches a new sub-brand, X by Xreal, and the $299 a01 display glasses with micro OLED displays, 50° FOV, and 62g weight, set for July release in the US — X by Xreal is arriving in July for $299, and they look to compete with TCL's budget glasses.
Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” products are superior to unregulated AI “slop” — Streaming app strikes deal with Universal allowing subscribers to create ‘controlled’ covers and remixes
Sources: ByteDance is offering low-priced stock options linked to growth in its Seed AI division to staff of the unit, a first, to fend off poaching from rivals — ByteDance is offering special stock to employees of its AI lab to fend off poaching from rivals as China's tech talent war heats up.
Sources: Meta, Google, and Amazon execs met Vatican officials on April 29, as part of a quiet lobbying push ahead of Pope Leo XIV's first AI encyclical — As Leo XIV prepares his first encyclical, technology firms and Western diplomats have worked to make their case inside the Vatican.
A look at the scourge of smartphone thefts in London, as victims describe receiving texts threatening them into unlinking Apple IDs from stolen iPhones — Tens of thousands of smartphones were reported stolen in the British capital in recent years. For some victims, losing their phone was only the beginning.
How the AI boom is transforming global M&A, now dominated by the AI-driven race to control the world's energy, fiber networks, and computing capacity — Deals hit record highs, unloved companies turn sexy and PE finds a new gold mine. Up until this week, NextEra Energy …
Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M — Tether has bought out SoftBank Group Inc.'s ownership in the digital-asset treasury company Twenty One Capital Inc., adding to its control …
Delivery Hero says it received a takeover offer from Uber for €33 per share, a discount of 1.76% from Delivery Hero's close on Friday — German food delivery service Delivery Hero (DHER.DE) confirmed it had received a takeover offer from rival Uber (UBER.N) valuing the company at 33 euros …
A look at a copy of the AI EO that President Trump was expected to sign on Thursday; the unsigned EO emphasized that government AI reviews would be voluntary — The draft also includes language aimed at bad actors. It directs the attorney general to enforce the Computer Fraud and Abuse Act and …
Patricia Cohen / New York Times : How Schneider Electric is using AI in call centers and manufacturing to complement employees' work ...
