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Arsheeya Bajwa

Arsheeya Bajwa

Correspondent- Technology, Media and Telecom at Reuters News

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Location
United Kingdom
Languages
  • English
Covering topics
  • Artificial Intelligence
  • Computers & Technology
  • Technology

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Recent Articles

reuters.com

IBM accelerates cloud drive with $11 billion Confluent deal as AI demand booms

IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom.
reuters.com

AMC says Aron to continue as theater chain's CEO after minor stroke

Theater chain AMC Entertainment said on Thursday that chief executive officer Adam Aron will continue in his role after suffering a minor stroke last month.
reuters.com

Nvidia takes $2 billion stake in Synopsys as AI deal spree accelerates

Nvidia has invested $2 billion in chip design software maker Synopsys as part of an expanded multi-year tie-up to jointly develop new tools for designing products across industries using its AI technology.
reuters.com

Tipping point or bubble? Nvidia CEO sees AI transformation while sk...

Nvidia CEO Jensen Huang says he does not see an AI bubble, but rather a tipping point.
reuters.com

Nvidia's strong forecast calms AI bubble jitters, for now

Nvidia CEO Jensen Huang on Wednesday shrugged off concerns about an AI bubble as the company surprised Wall Street with accelerating growth after several quarters of slowing sales.
reuters.com

Bubble or breakout? Nvidia earnings put AI boom under the microscope

The fate of Wall Street's staggering bets on artificial intelligence will rest squarely on Nvidia on Wednesday when the chipmaker reports results, with investors seeking signs that bubble worries are overblown.
reuters.com

OpenAI discussed government loan guarantees for chip plants, not da...

OpenAI has spoken with the U.S. government about the possibility of federal loan guarantees to spur construction of chip factories in the U.S., but has not sought U.S. government guarantees for building its data centers, CEO Sam Altman said on Thursday.
reuters.com

AMD forecasts fourth-quarter revenue above estimates on strong AI c...

Advanced Micro Devices forecast fourth-quarter revenue above market estimates on Tuesday, betting on the multibillion-dollar expansions of data center infrastructure to boost demand for its artificial intelligence chips.
reuters.com

Qualcomm forecasts solid quarter but smaller Samsung business hits ...

Chip designer Qualcomm on Wednesday forecast quarterly sales and profit above market expectations as premium smartphone sales rebounded, but a possible loss of business next year from Samsung, a key customer, sent its shares down after hours.
reuters.com

IBM to cut thousands of jobs in fourth quarter amid software focus

IBM will cut roles this quarter, the company said on Tuesday, potentially impacting thousands of employees while it shifts focus towards its high-margin software segment, as Wall Street hones in on the company's ability to benefit from AI-linked cloud demand.
reuters.com

Cloud startup Lambda unveils multi-billion-dollar deal with Microsoft

Artificial intelligence cloud startup Lambda said on Monday it has entered into a multi-billion-dollar agreement with Microsoft to deploy tens of thousands of AI chip leader Nvidia's graphics processors.
reuters.com

Palantir forecasts fourth-quarter revenue above estimates on solid ...

Palantir Technologies forecast fourth-quarter revenue above analysts' estimates on Monday, as the rapid adoption of artificial intelligence boosts demand for its data analytics services from businesses and governments.
reuters.com

Tegna gets US Justice Department request for more information on Ne...

The U.S. Department of Justice has sought additional information and documents as it reviews broadcaster Nexstar Media's $3.54 billion bid to buy smaller rival Tegna , a deal that would create a local-TV powerhouse.
reuters.com

Polestar gets Nasdaq notice on potential delisting due to slumping ...

Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange's listing rules related to maintaining a minimum bid price of $1, as the Swedish EV firm's shares fall pressured by intensifying competition.
reuters.com

Intel in talks to acquire AI chip startup SambaNova, Bloomberg News...

Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar with the matter.
reuters.com

Meta to issue bonds worth up to $30 billion

Social media giant Meta Platforms will raise money through bond offerings worth up to $30 billion, it said in a filing on Thursday, as Big Tech rushes to fund the costly expansion of artificial intelligence infrastructure.
reuters.com

Atlassian forecasts second-quarter revenue above estimates on AI de...

Atlassian forecasts second-quarter revenue above estimates on AI demand boost
reuters.com

Data center operator Equinix lowers 2025 revenue forecast, facing d...

Equinix lowered its forecast for annual revenue due to the data center operator facing delays in closing a deal and a negative impact from foreign exchange rates, its CEO said on Wednesday, while Wall Street counts on the company to benefit from booming spending on AI infrastructure.
reuters.com

Nvidia will build AI supercomputers for US Energy Department, wants...

Nvidia CEO Jensen Huang said on Tuesday that the artificial intelligence chip leader will build seven new supercomputers for the U.S. Department of Energy, and said the company has $500 billion in bookings for its AI chips.
reuters.com

Seagate forecasts second-quarter results above estimates on AI stre...

Seagate Technology forecast second-quarter revenue and profit above analysts' estimates on Tuesday, betting on robust demand for its storage devices as cloud providers expand investments in hardware to support generative AI development.
reuters.com

Cadence forecasts fourth-quarter profit below estimates as US-China...

Cadence Design Systems forecast fourth-quarter profit just shy of market estimates on Monday, as Sino-U.S. trade tensions threaten to hurt demand for its chip design software from key market China.