Amazon to provide cloud and AI tools to German utility RWE in return for power
RWE plans to expand work with Amazon’s AI research lab in Seattle to develop better forecasting models
Nvidia and Perplexity partner to support local AI firms in Europe and Middle East
Nvidia will support AI model makers in France, Germany, Italy, Poland, Spain and Sweden to build models in local languages
Amazon signs nuclear energy deal with Talen Energy
The deal provides Talen with a steady revenue stream while supporting Amazon’s goal to use more carbon-free energy for its AI and cloud operations
Meta and TikTok challenge EU supervisory fee in court
The companies say the EU supervisory fee is unfair and based on unclear and inaccurate calculations
Nvidia to build first industrial AI cloud platform in Germany
The system will support carmakers like BMW and Mercedes-Benz in areas such as product design simulation and logistics management
Nvidia CEO says quantum computing at a turning point
Jensen Huang says quantum computing is expected to solve problems that would take years for Nvidia's most advanced AI systems to handle
Snap to launch its first smart glasses for consumers in 2026
CEO Evan Spiegel says Snap has invested over $3 billion in AR glasses over the past 11 years
Meta rolls out direct messaging on Threads in select markets
Messages on Threads will not be encrypted for now
Apple receives 6 million rouble fine from Russian court for LGBT content violations
The court issues the fine in two civil cases, each resulting in a 3 million rouble penalty
IT sector criticizes budget for neglecting key demands, warns of growth stagnation
Pakistan Software Houses Association warns that failure to address tax policies for remote workers and IT exporters may halt growth in the digital economy
Mexico to rule on Google’s alleged ad monopoly by June 17
The case could result in a fine of up to 8% of Google’s annual revenue in Mexico, according to public records
IBM plans practical quantum computer by 2029
IBM outlines its technical path, including a new machine named Starling, which it will construct at a new data center in New York
Huawei admits its chips are one generation behind U.S. but performance is improving
Huawei CEO says company invests 180 billion yuan in research each year and sees potential in compound chips made from multiple elements
Apple opens core AI model to third-party developers
Apple says it will allow developers to access the foundational AI model that powers some of its features
OpenAI hit $10 billion revenue, up from $5.5 billion in December
An OpenAI spokesperson says that the $10 billion figure excludes licensing revenue from Microsoft and large one-time deals