Science and Tech

BofA extends first $520 million loan to OpenAI ahead of IPO, source says

BofA extends first $520 million loan to OpenAI ahead of IPO, source says

July 8 (Reuters) - Bank of America has extended a $520 million credit line to OpenAI, its first loan to…

July 8, 2026

China plans to let top AI firms buy limited Nvidia H200 chips, the Information reports

July 8 (Reuters) - China is planning to allow the country's top AI companies to buy a limited number of…

July 8, 2026

China plans to let top AI firms buy limited amount of Nvidia H200 chips, the Information reports

July 8 (Reuters) - China is planning to let top AI companies buy a limited amount of Nvidia's H200 chips,…

July 8, 2026

China issues 'backdoor' security alert over Anthropic's Claude Code

BEIJING, July 8 (Reuters) - A cybersecurity platform operated by China's industry ministry warned on Wednesday that it had identified…

July 8, 2026

China's Nexchip to raise $890 million in Hong Kong share sale

July 8 (Reuters) - China's Nexchip Semiconductor said on Wednesday it aims to raise around HK$6.98 billion ($890.37 million) in…

July 8, 2026

China's Nexchip to raise $890 million in Hong Kong share sale

July 8 (Reuters) - China's Nexchip Semiconductor said on Wednesday it aims to raise around HK$6.98 billion ($890.37 million) in…

July 8, 2026

‘Breakthrough’ finding could transform endometriosis diagnosis

London (PA Media/dpa) - A study has found people with endometriosis have a distinct pattern of hormones, with researchers saying the…

July 8, 2026

Legal AI startup Norm Ai hits $1.2 billion valuation after $120 million funding

(This July 7 story has been repeated without any changes to the text.) July 7 - Norm Ai said on…

July 8, 2026

Allianz to cut up to 1,800 jobs due to increasing AI use

July 8 (Reuters) - Allianz's travel insurance division will cut up to 1,800 jobs due to the growing use of…

July 8, 2026

Big Tech joins Calgary Stampede oil bash, as Canada courts data centers

By Amanda Stephenson CALGARY, July 8 (Reuters) - Big Tech has joined the party at the Calgary Stampede, a sign…

July 8, 2026