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Posted on • Originally published at reuters.com

Tech Spotlight: Daily Tech News

  • Elon Musk revived a lawsuit against OpenAI and CEO Sam Altman, accusing them of prioritizing profits over public good. Musk co-founded OpenAI but left in 2018.

  • Intel is receiving the second of ASML's €350 million "High NA" EUV tools, following the first delivered in December, crucial for next-gen chip production.

  • Semiconductor startup Groq raised $640 million in a Series D round led by Cisco, Samsung Catalyst, and BlackRock, reaching a $2.8 billion valuation. Groq specializes in AI inference chips.

  • Five U.S. state Secretaries of State urged Elon Musk on Monday to address misinformation spread by X's AI chatbot related to the upcoming November 5 election.

  • Ola Electric's $734 million IPO, India's largest this year and backed by SoftBank, was fully subscribed on its second day, despite global market sell-offs.

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