AMSTERDAM (Reuters) - The European Commission is raising $20 billion to construct four AI gigafactories as part of Europe's strategy to catch up with the U.S. and China on artificial intelligence, but some industry experts question whether it makes sense to build them.  The plan for the large public access data centres, unveiled by European Commission President Ursula von der...

* Classes, online courses mushroom to help traders use AI * DeepSeek changes public perception of Chinese quant funds * Brokerages, wealth managers embrace AI to satisfy retail clients By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE, March 11 (Reuters) - If you cannot fight them, join them, is the mantra among Chinese mom-and-pop investors who are embracing DeepSeek and other...

03:31 AM EDT, 03/11/2025 (MT Newswires) -- ASML Holding ( ASML ) and imec said Tuesday they have signed a five-year partnership deal to advance research in the semiconductor industry. The companies said the collaboration will utilize ASML's ( ASML ) advanced technologies integrated into imec's pilot lines. Research will focus on silicon photonics, memory, advanced packaging, and AI-driven semiconductor...

ZURICH (Reuters) - The Swiss upper house of parliament late on Monday narrowly backed a motion to limit bankers' total annual compensation to between 3 and 5 million Swiss francs ($3.4-5.7 million), a sum significantly below what the best-paid earn today. By a vote of 21 in favour and 19 against, the measure initially proposed following the 2023 collapse of...