Lead Crafts Media Team.

BRUSSELS, June 3 (Reuters) – The European Commission proposed new laws on Wednesday to boost domestic cloud, ‌AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic tensions.   The Cloud and AI Development Act and Chips Act 2.0 form part of Europe’s push for […]

June 3 (Reuters) – Soaring memory chip prices driven by massive AI demand risk stoking “chipflation,” Morgan Stanley analysts cautioned, as makers of devices from smartphones to PCs are forced to choose between raising prices and settling for thinner margins. The brokerage said on Tuesday that ‌memory chip prices have spiked six-fold in the past year,

May 30 (Reuters) – AI chip firm Nvidia (NVDA.O), opens new tab and Microsoft (MSFT.O), opens new tab are expected next week to debut the first Windows PCs that use Nvidia’s chips ‌as the main processor, Axios reported on Saturday, citing sources. Nvidia-powered computers are expected both from Microsoft’s Surface brand as well as other computer makers including Dell (DELL.N), opens

PARIS, May 30 (Reuters) – Japan’s SoftBank Group (9984.T), opens new tab will invest €45 billion over the next five years in a push to build up artificial intelligence infrastructure ‌in France, the company announced on Saturday. SoftBank said the investment, described as the biggest of its kind so far in Europe, would be made in the northern

ROME, May 22 (Reuters) – Italy’s financial police said on Friday they had busted a sophisticated streaming piracy network that caused roughly €300 million ($348 million) in ‌damages to rights holders such as Sky, DAZN, Netflix, Disney+ and Spotify. The operation targeted previously unseen technology built around an application called CINEMAGOAL, which connected users’ devices to

May 23 (Reuters) – Chinese artificial intelligence startup DeepSeek will make permanent a 75% price cut on ‌its flagship V4‑Pro artificial intelligence model, keeping prices at a quarter of their original level, the company said in a statement on Saturday.   DeepSeek did not disclose whether the permanent price cut was due to increased ⁠supply

May 16 (Reuters) – U.S. artificial intelligence company OpenAI said on Saturday it had signed a deal ‌with the government of Malta to give all residents access to its ChatGPT Plus service for one year after they follow ⁠a course on how to use AI.  The programme will start ​in May and is expected to

May 16 (Reuters) – BlackRock has discussed investing $5 ‌billion to $10 billion in SpaceX’s initial public ⁠offering next month, the Information news outlet reported on Saturday, citing ‌people ⁠familiar with the matter. Reuters could not ⁠immediately verify the report.

May 8 (Reuters) – Cloudflare (NET.N), opens new tab shares tumbled more than 15% in premarket trading on Friday, after its quarterly revenue forecast disappointed investors who had bet the stock would be a major beneficiary in the race to adopt artificial ‌intelligence. The networking and cybersecurity services provider will also lay off about 20% of staff due to

May 7 (Reuters) – Amazon’s cloud services were largely back online on Friday after overheating at one of its data centers triggered ‌an outage that impacted companies including cryptocurrency exchange Coinbase. The cloud giant (AMZN.O), opens new tab said it was making progress in resolving the issue after a rapid spike in temperatures at a single data center