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Italy considers tougher penalties for AI-related crimes

By Elvira Pollina and Angelo Amante MILAN/ROME (Reuters) -Italy's government is mulling tougher penalties for crimes using Artificial Intelligence (AI) tools including market rigging and money

Israel cyber firm Claroty eyes 2025 US IPO at $3.5 billion value, report says

By Steven Scheer JERUSALEM (Reuters) - Israeli cyber security startup Claroty is preparing a possible U.S. initial public offering in 2025 at a valuation of $3.5 billion, the Calcalist financial daily

Microsoft to invest $2.9 billion to boost AI business in Japan – Nikkei

TOKYO (Reuters) -Microsoft Corp will invest about $2.9 billion over the next two years to boost its artificial intelligence (AI) business in Japan, the Nikkei newspaper reported on Tuesday citing the

France’s Atos plunges as refinancing plan fails to reassure

By Dimitri Rhodes and Augustin Turpin (Reuters) -Atos shares fell 14% on Tuesday as the French IT consulting firm said its refinancing plan, which includes raising 1.2 billion euros ($1.3 billion) via

Ascend Elements, Elemental Strategic Metals form European EV battery recycling venture

By Nick Carey LONDON (Reuters) - U.S. firm Ascend Elements and Poland's Elemental Strategic Metals have formed a joint venture to recycle electric vehicle batteries, with their first Polish plant

Atos seeks 600 million euros in cash as part of refinancing plan

By Augustin Turpin and Dimitri Rhodes (Reuters) -French IT consulting firm Atos needs to raise 600 million euros ($651 million) in cash to fund its business in 2024 and 2025, it said on Tuesday as it

Siemens extends contract of CEO Busch for 5 years

ZURICH (Reuters) -Siemens has extended the contract of Chief Executive Roland Busch for another five years, the German engineering and technology group said on Tuesday. Busch, who has led Siemens

Chinese minister says cognac probe unrelated to EU probe on EVs – source

PARIS (Reuters) - Chinese Commerce Minister Wang Wentao told French Finance Minister Bruno Le Maire that the probe started in China on the cognac market is not linked to the one started by the

Atos says it needs 600 million euros of cash for 2024-2025 as part of refinancing

(Reuters) -France's struggling IT consulting firm Atos on Tuesday said it needs 600 million euros ($651 million) of cash to fund its business in 2024 and 2025, as it laid out the parameters of the

South Korea to invest $7 billion in AI in bid to retain edge in chips

SEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence by 2027 as part of efforts to retain a

On Camera

DPDP Act will change how we interact with the internet. Get ready for the consent mails

India does not have a data protection regulator to make good on the DPDP Act’s promise and articulate clear future standards.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.