Broadcom adds silicon AI features to speed new Trident networking chip
By Max A. Cherney (Reuters) – Tech conglomerate Broadcom added artificial intelligence features to a new version of one of its flagship networking chips, the company said on Thursday, aiming to help…
‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse
‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse Mary Lou Masters on March 13, 2023 The collapse of Silicon Valley Bank (SVB) has sparked comments from…
U.S. Treasury says Silicon Valley Bank, Signature Bank ‘not being bailed out’
WASHINGTON (Reuters) – New policies adopted on Sunday by U.S. banking regulators will “wipe out” equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting all customer…
Silicon Valley Bank deposits to be available Monday – US officials
WASHINGTON (Reuters) – Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday. “Depositors will have access to all of their money starting Monday,…
Biden speaks with California governor about Silicon Valley Bank – White House
WASHINGTON (Reuters) – U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank failure and efforts to address the situation, the White House said after…
US lawmakers met Fed, FDIC to discuss Silicon Valley Bank’s collapse – Coindesk
(Reuters) – U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the collapse of SVB Financial Group, Coindesk reported on Saturday citing a source. Democratic…
Moody’s downgrades credit ratings on Silicon Valley Bank, SVB Financial
(Reuters) – Rating’s agency Moody’s on Friday downgraded the ratings of SVB Financial Group and its bank subsidiary, Silicon Valley Bank. Moody’s slashed its credit ratings on Silicon Valley Bank’s long-term local…
Solar firms Sunnova and Sunrun shed light on exposure to Silicon Valley Bank
(Reuters) – Residential solar companies Sunrun Inc and Sunnova Energy on Friday disclosed their exposure to SVB Financial Group, which has been closed down by California banking regulators. Sunrun stated SVB was…
‘They fire, we hire’ – Germany seizes on Silicon Valley’s woes
By Rene Wagner and Jan Schwartz BERLIN (Reuters) – Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking at thousands…
MICHAEL BARONE: Are Silicon Valley’s Most Notorious Fraudsters Today’s Robber Barons?
MICHAEL BARONE: Are Silicon Valley’s Most Notorious Fraudsters Today’s Robber Barons? Michael Barone on December 29, 2022 Will Silicon Valley go down in history the way of the robber barons? There’s been…
Silicon Valley leaders welcome Elon Musk’s management of Twitter
(Reuters) – Silicon Valley leaders welcomed Elon Musk’s management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire “the bravest, most creative person on the planet.”…
Silicon Valley chip startup Cerebras unveils AI supercomputer
By Jane Lanhee Lee OAKLAND, Calif(Reuters) – Silicon Valley startup Cerebras Systems, known in the industry for its dinner plate-sized chip made for artificial intelligence work, on Monday unveiled its AI supercomputer…
Taiwan touts $900 million in new business from Silicon Valley meetings
TAIPEI (Reuters) – Taiwan’s economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California’s Silicon Valley, the ministry…
Mercedes-Benz to use energy-dense silicon battery for G-Class
BERLIN – Mercedes-Benz will incorporate a new, highly energy-dense battery in its upcoming electric G-Class from 2025, it said on Tuesday, a solution to the problem of how to power large electric…
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