Tech Meme

Hideki Suzuki / Bloomberg: Sources: Sumitomo Mitsui Banking Corp. is in talks with Fujitsu to help the bank’s biggest customers make key decisions using AI-inferred demand predictions  —  Sumitomo Mitsui Banking Corp. is tapping Fujitsu Ltd.’s artificial intelligence models to bolster its advisory services … Lees verder op Tech Meme

Bloomberg: US announces a 34% “reciprocal” tariff hike on China, going into effect from April 9; economists: average US tariffs on Chinese products may get as high as 65%  —  The US has hit China with the biggest-ever tariff hike on almost all Chinese products, bringing total levies to at least 54% … Lees verder op Tech Meme

Kif Leswing / CNBC: Tech stocks fall in late trading after President Trump announced new tariffs: Amazon drops as much as ~6%, Meta ~5%, Nvidia ~6%, Alphabet ~3%, and Microsoft ~3%  —  Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced … Lees verder op Tech Meme

Financial Times: Samsung has turned to Chinese customers like Baidu to prop up its ailing chip business; SemiAnalysis says Samsung is the “biggest supplier of HBM into China”  —  Deals with Chinese tech giant Baidu come as South Korean giant loses ground in US and navigates Washington’s curbs Lees verder op Tech Meme

The Information: Sources: Google is in advanced talks to rent Nvidia Blackwell AI chips from CoreWeave, highlighting how major Nvidia customers are struggling to get chips  —  Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from CoreWeave … Lees verder op Tech Meme

Bloomberg: The US announces a new 34% “reciprocal” tariff rate on almost all products imported from China, going into effect from April 9, 2025  —  The US has hit China with the biggest-ever tariff hike on almost all Chinese products, bringing total levies to at least 54% … Lees verder op Tech Meme

Jess Weatherbed / The Verge: Adobe updates Premiere Pro with AI features like Generative Extend, which lets users extend clips by up to two seconds in 4K quality and with background audio  —  Generative Extend is now rolling out, alongside an AI-powered search panel and caption translations. Lees verder op Tech Meme

Bloomberg: Source: Scale AI generated ~$870M in 2024 revenue, with its annualized run rate reaching $1.5B by the end of 2024, and expects to generate $2B in 2025 revenue  —  Startup generated revenue of about $870 million last year.  —  Scale AI, a startup that helps companies develop artificial … Lees verder op Tech Meme

Bloomberg: Siemens agrees to acquire Boston-based R&D scientific software company Dotmatics from Insight Partners for $5.1B, and expects the deal to close in H1 2026  —  Siemens AG has agreed to acquire Dotmatics for $5.1 billion as part of a push to provide more artificial intelligence software to life sciences companies. Lees verder op Tech Meme

Tripp Mickle / New York Times: Apple shares drop 7%+ after hours after President Trump announced new tariffs, including 46% on Vietnam and 26% on India, where Apple has been moving production  —  The iPhone maker spent years trying to move production of some products out of China to avoid tariffs.  But now that may not matter. Lees verder op Tech Meme