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Oct 29 (Reuters) – Business software maker Salesforce said on Thursday it would buy defense technology company Rune Technologies to expand its Missionforce business, which serves the US military and government agencies. Rune makes AI-powered software that helps troops forecast supply needs, plan the use of resources and decide where to send them, including in places with little or no network connection. • The US Army and US Marine Corps already use Rune’s technology, Salesforce said • The financial terms of the deal were not immediately disclosed • Salesforce said a year after the launch of Missionforce, its defense business was growing 80% year-over-year, with customers in all six branches of the US military • Salesforce has been broadening its AI offerings through acquisitions as investors worry that fast AI adoption could erode demand for traditional software • It agreed to buy AI marketing software maker Braze for about $5.66 billion last week, signed a $3.6 billion deal for AI agent platform Fin earlier this year and an $8 billion deal for Informatica last year • The Rune deal is expected to close in the fourth quarter of Salesforce’s fiscal year 2027 (Reporting by Anzar Mehraj in Bengaluru; Editing by Jonathan Ananda) Brought to you by www.srnnews.com

By Anhata Rooprai and Max A. Cherney Oct 29 (Reuters) – Intel forecast quarterly revenue and profit below estimates on Thursday, warning that a slowdown in the PC market driven by elevated memory costs would persist into next year.  The guidance could test confidence in a stock that has more than doubled this year, as investors weigh ongoing manufacturing constraints and soft PC demand against strong demand for its AI server chips and efforts to revive growth through a costly foundry expansion.  “Looking ahead, we see the PC slowdown continuing at least through the first half of next year,” Chief Financial Officer David Zinsner said. “We will continue making disciplined investments in capacity and working capital to increase supply and support future growth.”  The results also put a spotlight on Intel’s funding plans. In August, the company raised $23 billion from an upsized share offering, as it seeks to challenge industry leaders such as TSMC in contract chip manufacturing.  Intel expects fourth-quarter revenue between $15 billion and $16 billion, below analysts’ average estimate of $17.07 billion, according to data compiled by LSEG. Adjusted profit is expected to be 25 cents per share, trailing estimates of 43 cents. Intel estimates that the October explosion at its factory, or fab, in Kiryat Gat, Israel hurt its fourth-quarter revenue outlook by roughly $300 million and its gross margins by about 200 basis points, Zinsner said in an interview with Reuters. The fab did not operate for two weeks and the company is in the process of determining which wafers are salvageable for use and sale. Zinsner said the company expects a similar revenue impact in the first quarter. “We’re still assessing all of the wafers to see which ones are usable and which ones aren’t, so we’ll have to see whether there is an impact that stretches beyond that,” Zinsner said. The Kiryat Gat fab largely produces data center chips using the company’s Intel 10 manufacturing process. Zinsner said Intel planned to start ramping up production at the facility by the end of this week. The company had also raised its 2026 capital spending forecast to $20 billion from $18 billion in July and said 2027 spending would increase significantly to expand manufacturing capacity. CEO Lip-Bu Tan has been leading the company’s turnaround after it fell behind Nvidia, whose graphics processors dominate the AI boom, with the contract manufacturing, or foundry, business a key part of his revival strategy. In the third quarter ended September 26, revenue rose 21% to $16.51 billion, largely in line with estimates of $16.50 billion. Adjusted profit came in at 52 cents per share, beating estimates of 40 cents. Sales in Intel’s PC chip business fell 5% to $8.10 billion, missing estimates of $8.98 billion. Investors have been watching for signs that demand has stabilized despite the company’s expectation for a soft personal-computing market in the second half of this year and into 2027. (Reporting by Anhata Rooprai in Bengaluru; Editing by Diti Pujara and Jonathan Spicer ) Brought to you by www.srnnews.com

Oct 29 (Reuters) – British actor Patrick Stewart, known for his work in “Star Trek: The Next Generation” and the X-Men film franchise has died, according to a statement on his X account on Thursday. (Reporting by Ryan Patrick Jones and Christian Martinez) Brought to you by www.srnnews.com

Oct 29 (Reuters) – Nvidia CEO Jensen Huang defended the company’s business with Singapore-based Megaspeed International, calling it “normal and not unusual,” Bloomberg News reported on Thursday. Huang’s comments followed a New York Times report that said a former Megaspeed executive was under US investigation for allegedly spying on behalf of China. Here are some details: • Huang said Nvidia’s relationship with Megaspeed officials was proper and the company had checked that Megaspeed did not illegally divert Nvidia AI chips to China, Bloomberg News reported • “We’ve studied all their deployments of our GPUs and counted every one,” Huang said in an interview with Bloomberg • The remarks followed a New York Times report that US authorities were investigating a former Megaspeed executive for allegedly providing information to the Chinese government and helping evade US chip export curbs • Huang said his interactions with the executive were typical of those with Chinese customers and executives and that the person was no longer with Megaspeed, according to the report • Nvidia has argued that smuggling of its advanced AI chips into China is not a significant issue despite US export restrictions, the report said (Reporting by Prathik Jayaprakash in Bengaluru; Editing by Pooja Desai) Brought to you by www.srnnews.com

SAO PAULO, Oct 29 (Reuters) – A close ally of Brazilian Senator Flavio Bolsonaro on Thursday said AI chatbot ChatGPT was responsible for language in a letter briefly posted on social media by the right-wing lawmaker describing himself as Brazil’s rightful “president-elect,” while insisting the mistake did not alter Bolsonaro’s view that the election was illegitimate. Bolsonaro stunned Brazil’s political establishment on Wednesday by making the claim and alleging without evidence that Sunday’s runoff election, which he lost to leftist President Luiz Inacio Lula da Silva by more than 4 million votes, had been marred by fraud. Roughly an hour after sharing the document, the senator deleted it from his accounts and published a revised version, replacing the term “president-elect” with “leader of Brazil.” As Brazilian media and political observers speculated about the abrupt change, one of Bolsonaro’s closest allies suggested that the explanation for the mistake was not political, but technological: the use of OpenAI’s ChatGPT. Right-wing influencer and podcast host Paulo Figueiredo, who serves as an unofficial spokesperson for the Bolsonaro family in the United States and first shared the letter with journalists, said the document had gone through several drafts and incorporated contributions from multiple people. Figueiredo said that Bolsonaro’s younger brother, former Congressman Eduardo Bolsonaro, sought ChatGPT’s help to finalize the letter. According to Figueiredo, the chatbot inserted an outdated version of Brazil’s coat of arms and used a previous draft of the letter. “When generating the document, AI ended up including an earlier version of the text, in which Flavio presented himself as the true ‘president-elect’,” Figueiredo wrote on X, adding the mistakes were noticed only after he distributed the letter to the press. According to him, Bolsonaro ultimately opted for the term “leader” for legal and moral reasons. He added that those involved found the mistake “hilarious” and described tweaking the letter as “nothing major.” OpenAI and Bolsonaro’s press officers did not immediately reply to requests for comment. “In the end, the essential is expressed precisely by Flavio: these elections were illegitimate, he does not recognize the result, and he will continue fighting to restore democracy in Brazil,” Figueiredo said. The senator arrived in Miami on Wednesday after leaving Brazil, where he refused to comply with a Supreme Court order to turn in his passports as part of a probe into alleged money laundering, in which he denies wrongdoing. Bolsonaro’s decision to declare himself the country’s rightful “leader” has failed to garner support from key figures in his political camp, leaving him increasingly isolated. Lula’s victory has been recognized by Brazil’s federal electoral court, global leaders, international observers, and Bolsonaro’s own party. (Reporting by Fernando Cardoso, additional reporting by Luciana Magalhaes; Editing by Aurora Ellis) Brought to you by www.srnnews.com