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Uber unveils US shuttle service, expands Costco tie-up to woo price-conscious users

Uber Technologies is introducing a shuttle service in the U.S. and widening a delivery tie-up with membership-only retailer Costco as part of a series of initiatives unveiled on Wednesday to attract price-conscious consumers amid competition from rival Lyft .

Data platform firm WekaIO notches $1.6 bln valuation after latest funding round

Data platform company WekaIO notched a valuation of $1.6 billion in a round led by Valor Equity Partners as a funding winter, especially for tech startups focused on artificial intelligence, is easing.

US, China hold AI risk, safety talks, White House says

The United States and China on Tuesday held talks on artificial intelligence, the White House said in a statement.

Amazon Web Services plans $8.4 bln cloud investment in Germany

Amazon Web Services (AWS) said on Wednesday it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure specifically for Europe.

Veon teams up with partners to bridge online 'AI language gap'

Telecom company Veon , mobile operator Beeline Kazakhstan, the Barcelona Supercomputing Center and the GSMA lobby group said on Wednesday they would work together to bridge an "AI language gap" for under-represented languages.

AI could bring 50 bln euro benefit to Italian companies, Accenture study shows

Italian companies could increase the added value they create by about 50 billion euros ($54.30 billion) by 2030 with the generalised use of generative Artificial Intelligence (AI), according to a study by Accenture published on Wednesday.

Cerebras Systems, Aleph Alpha to supply AI to German military

Silicon Valley firm Cerebras Systems on Wednesday said it will supply a supercomputing system to Aleph Alpha, a German technology startup that will use it to develop artificial intelligence for the German Armed Forces.

Airbus unveils half-plane, half-copter in quest for speed

Airbus Helicopters showcased an experimental half-plane, half-helicopter on Wednesday in a quest for speed as competition heats up to define the rotorcraft of the future.

Wallet recovery firms buzz as locked-out crypto investors panic in bitcoin boom

The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls to regain access to their accounts.

SK Innovation considering sale of battery materials unit SKIET, paper reports

South Korea's SK Innovation is considering selling its subsidiary SK IE Technology (SKIET) to restructure its battery business, the Maeil Business newspaper reported on Wednesday.

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