Artificial intelligence

Microsoft's shares declined 3.8% in after-hours trading despite reporting substantial quarterly gains, as warnings about slowing growth and escalating artificial intelligence costs dampened investor enthusiasm. The technology giant's…

Elon Musk's artificial intelligence venture, xAI, has initiated discussions with potential investors for a substantial funding round that could value the company at approximately £40 billion. The talks, whilst in their preliminary stages,…

Alphabet, Google's parent company, has surpassed Wall Street's profit and revenue projections as artificial intelligence technology continues to fuel substantial growth across its core businesses. The tech giant reported a remarkable 33.6…

Alphabet Inc, the parent company of Google, has announced a striking 34 per cent rise in profit for the third quarter. This growth is largely attributed to the expansion of their cloud services, which are in high demand for computing and…

The UK government faces calls to streamline its visa process for experts in artificial intelligence, aiming to bolster the nation's burgeoning tech sector. A report commissioned by the government and authored by venture capitalist Matt…

The treatment of lung cancer has improved over the years, but doctors can still't predict what patients will do following surgery. About half of the patients whose tumors were "advanced, but operable" will experience a recurrence of…

Microsoft has developed "virtual employees", capable of performing increasingly complex tasks in the office. This is the latest step in applying artificial intelligence in the workplace. The company says that the "autonomous agent" bots…

Meta (the owner of Facebook and Instagram) announced on Friday that it had developed a new artificial-intelligence model called Movie Gen, which can create realistic audio and video clips in response user prompts. It claimed it could rival…

OpenAI believes that AI-powered assistants, such as those from Google and Apple, will "hit mainstream" next year, as technology groups race to bring AI agents to consumers. AI agents that can complete complex tasks and reason for humans…

SoftBank, owned by Masayoshi Son, will invest $500mn in OpenAI. The investment is part of an upcoming fundraising round which should close this week. SoftBank is investing via its second Vision Fund. This large vehicle to support start-ups…

OpenAI's chief executive is on track to join the ranks of Big Tech Billionaires if the company adopts a "for profit" model. Sam Altman, 39 years old, may be given a 7 percent stake in ChatGPT. The American startup was founded in 2015 as a…

The US Department of Justice has issued a subpoena to Nvidia Corporation, indicating an escalation in its antitrust investigation into the company. This legal request requires Nvidia, a major player in artificial intelligence computing, to…

Klarna, the prominent buy now, pay later lender, has significantly reduced its workforce by more than 1,000 employees, largely due to the integration of artificial intelligence (AI) into its operations. The Stockholm-based fintech giant,…

Nvidia, the artificial intelligence chip designer, is expected to announce a remarkable doubling of sales year-on-year when it reports its highly anticipated quarterly earnings tonight. Analysts forecast sales of $28.6 billion for the…

As the demand for artificial intelligence inference grows exponentially, driven by the increasing popularity of chatbots and generative AI applications, Nvidia's competitors are mobilizing to challenge the company's dominance in the AI chip…

As Apple prepares to launch its iOS 18 software upgrade, the tech giant is set to introduce a suite of artificial intelligence (AI) features under the brand name "Apple Intelligence." The most notable addition is a ChatGPT-powered version…

In a world where numerous industries are reevaluating the transformative potential of artificial intelligence (AI), the pharmaceutical sector is already experiencing revolutionary changes in drug discovery. Companies like GSK and…

In a bold move, tech giants Microsoft, Alphabet, Amazon, and Meta have collectively increased their capital expenditure by an astonishing 50%, surpassing the $100 billion mark this year. This massive investment aims to develop the…