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AI
Greece, birthplace of democracy, seeks to put humanity ahead of AI in updated constitution
Greece is preparing major constitutional changes, including an amendment requiring that artificial intelligence serve human society.
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AI
AI disinfo tests South Korean laws ahead of local elections
In an airy office in South Korea, workers comb through social media, uncovering AI-generated content whose growing sophistication is testing toughened election laws ahead of local polls.
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Technology
Nvidia funds construction of Corning plants, in addition to equity investment
SAN FRANCISCO, May 7 (Reuters) - Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition to taking an equity stake of up to $3.2 billion disclosed earlier this week, the CEOs of the two companies confirmed on Thursday.
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Technology
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal
May 7 (Reuters) - Nvidia will invest up to $2.1 billion in data center operator IREN, as part of a broader deal to deploy up to 5 gigawatts of infrastructure to keep up with soaring artificial intelligence demand.
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Technology
Exclusive-SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies
SEOUL/SINGAPORE, May 8 (Reuters) - SK Hynix is being aggressively courted by big global tech firms with offers to invest in its new production lines and fund purchases of pricey manufacturing tools as they rush to secure memory chips, people familiar with the matter said.
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Technology
Cloudflare to cut about 20% workforce as AI adoption reshapes operations
May 7 (Reuters) - Cloudflare said on Thursday it would cut about 20% of its workforce as the company restructures operations around the rapid adoption of artificial intelligence tools, and forecast second-quarter revenue slightly below Wall Street expectations.
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Technology
Apple, Meta warn Canadian bill could force them to weaken encryption
SAN FRANCISCO, May 7 (Reuters) - Apple and Meta have publicly opposed a Canadian bill that the companies say could require them to break the encryption of their devices and services if passed.
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Technology
CoreWeave signals higher capex as component costs rise, shares fall
May 7 (Reuters) - CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure technology company's shares down more than 9% in extended trading.
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Technology
Coinbase logs second straight quarterly loss as crypto trading momentum fades
May 7 (Reuters) - Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the company's trading volumes during a period of broad digital-asset selloff.
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Technology
Japan's SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports
May 8 (Reuters) - SoftBank Corp has begun discussions with U.S. chip giant Nvidia
and Taiwanese contract manufacturer Foxconn as it weighs plans to build "made-in-Japan" artificial intelligence servers, the Nikkei newspaper reported on Friday. -
Technology
19 members of the WTO, including US, agree among themselves not to impose duties on e-commerce
GENEVA, May 7 (Reuters) - The U.S. and more than a dozen other countries including Japan, South Korea, Singapore and Australia on Thursday launched their own pact to not impose duties on e-commerce after no agreement was reached to end deadlock with Brazil, a document showed.
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Technology
Blue Owl will reduce private credit exposure to software
NEW YORK, May 7 (Reuters) - Blue Owl's biggest publicly traded private credit fund will look to reduce its exposure to software, the fund's chief executive said, as uncertainty about the impact of artificial intelligence on the sector roils valuations.
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Technology
OpenAI unveils three audio models for real-time voice tasks
May 7 (Reuters) - OpenAI introduced three audio models for its developer platform on Thursday, aiming to make voice-based software agents more conversational and capable of completing tasks in real time.
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Technology
Rave files antitrust lawsuit against Apple over removal of video-sharing app
SAN FRANCISCO, May 8 (Reuters) - Software developer Rave on Thursday filed an antitrust lawsuit against Apple, alleging that the iPhone maker kicked Rave's app for shared viewing of video content off the Apple App Store after introducing a competing product called SharePlay.
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Technology
Space analytics firm HawkEye valued at $3.15 billion after NYSE debut
May 7 (Reuters) - HawkEye 360 shares jumped 30% in their New York Stock Exchange debut on Thursday, securing a $3.15 billion valuation and signaling strong investor demand for defense-tech offerings.
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Technology
Arm shares slide on smartphone market weakness, AI chip supply concerns
May 7 (Reuters) - Arm shares tumbled on Thursday after the company warned of smartphone market softness and challenges in securing supply for its new artificial intelligence chip to meet growing demand.
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Technology
Amazon's Prime Video to invest at least 90 million euros in 2026 in local production, regulator says
PARIS, May 7 (Reuters) - Amazon's Prime Video will invest at least 90 million euros ($105.95 million) in European video and movie production in French language this year, the French telecoms regulator said on Thursday.
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Technology
EPAM Systems raises annual profit forecast on strong IT service demand
May 7 (Reuters) - EPAM Systems on Thursday raised its annual profit forecast, after beating quarterly profit estimates, on strong demand for its software services amid sustained spending by companies on artificial intelligence technology enhancement.
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Technology
Datadog raises annual forecast on strong cloud security demand, shares jump 36%
May 7 (Reuters) - Cloud security firm Datadog on Thursday raised its annual forecast after beating Wall Street expectations for first-quarter results, fueled by high demand for its cloud security products amid rising artificial intelligence adoption.
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Technology
Meta challenges UK regulator over online safety fees, fines
LONDON, May 7 (Reuters) - Facebook and Instagram owner Meta is challenging Britain's media regulator Ofcom over how fees and penalties under the Online Safety Act are calculated, London's High Court heard on Thursday.
