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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 of Huawei’s

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 greater

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

May 1 (Reuters) – Reddit (RDDT.N), opens new tab shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media company’s AI-driven advertising tools. If current gains hold, Reddit is on track to add ‌about $3.4 billion in market value.The company’s AI-optimized ad platform enables advertisers to place targeted ads directly within

May 1 (Reuters) – U.S. antitrust authorities have completed ‌their review of Intel’s (INTC.O), opens new tab investment in SambaNova, a chip startup chaired by ⁠Intel CEO Lip-Bu Tan, according to a regulatory notice circulated on Friday. Intel put $35 million into SambaNova in February, which, ‌along ⁠with other financing, boosted Intel’s stake in the startup to ⁠8.2%

April 24 (Reuters) – U.S. chip stocks soared to record highs on Friday as Intel’s unexpectedly strong revenue forecast reinforced confidence that the AI boom powering this year’s rally in the semiconductor sector is showing no signs ‌of slowing down. The foremost stock index for chip makers – the Philadelphia SE Semiconductor Index (.SOX), opens new tab –

April 24 (Reuters) – Demand for Intel’s central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally written ‌off, a remarkable turnaround that sent the company’s shares soaring on Friday. The stock (INTC.O), opens new tab surged more than 24% to $83 in early trading, surpassing