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How Google Turned Jaguar Cars Into Self Driving Taxis While GM Surrendered The Race
The streets of San Francisco have become a testing ground for the future of autonomous transport, with Waymo's driverless Jaguar I-Pace vehicles now a common sight across the city's challenging terrain. The Google parent company Alphabet's…
TikTok Loses Emergency Bid to Stop US Divestment Law as Supreme Court Decision Looms
The fate of TikTok in the United States hangs precariously in the balance after the social media giant suffered a significant legal setback. The US Court of Appeals for the District of Columbia Circuit has rejected an emergency motion filed…
Chinas Ponyai Targets Massive Robotaxi Fleet Expansion in 2025 as Costs Set to Plummet
Chinese robotaxi pioneer Pony.ai has unveiled ambitious plans to quadruple its autonomous vehicle fleet by 2025, whilst forecasting significant cost reductions and expanded operational zones across China's premier cities.
The…
General Motors Pulls the Brakes on Cruise Robotaxi Programme Amid Financial Strains
In a significant strategic shift, General Motors (GM) has announced the termination of its autonomous vehicle venture, Cruise, marking a notable retreat from the robotaxi sector. The decision comes after substantial financial investments…
Elon Musks SpaceX Reaches Astronomical £350bn Market Valuation After Latest Share Deal
SpaceX, helmed by billionaire entrepreneur Elon Musk, has solidified its position as the globe's most valuable start-up through a groundbreaking employee share arrangement that values the rocket and satellite manufacturer at £350 billion.…
Quantum Computing Breakthrough Signals Major Leap Forward in Error Correction Research
A significant milestone in quantum computing has been achieved, potentially paving the way for practical quantum computers by the decade's end. Google's recent breakthrough in error correction, a critical hurdle in quantum computing…
Omnicom and Interpublic Set to Create $30 Billion Dollar Advertising Powerhouse Through Merger Talks
In a seismic shift for the global advertising landscape, American giants Omnicom and Interpublic are engaged in merger discussions that could forge a formidable $30 billion entity, positioning it as the world's largest advertising agency…
Google DeepMind Achieves Revolutionary Breakthrough in Weather Forecasting Technology
In a groundbreaking development, Google DeepMind has revealed its latest artificial intelligence weather prediction model, GenCast, which has demonstrated superior performance over traditional forecasting methods for predictions extending…
Elon Musks xAI Supercomputer Set for Massive Expansion in Bold 1 Million GPU Push
In a landmark development for artificial intelligence infrastructure, Elon Musk's xAI has announced plans to expand its Colossus supercomputer facility tenfold, incorporating more than one million graphics processing units (GPUs). The…
Vanguard Sounds Alarm on AI Stock Rally Correction Risk Looms
The recent surge in artificial intelligence stocks has potentially overestimated the technology's immediate impact, leading to heightened risks of a market correction, according to investment giant Vanguard.
Joe Davis, chief economist at…
AI Licensing Deals Could Save Quality Journalism Says Reuters Boss Hasker
Thomson Reuters' chief executive Steve Hasker has emphasised the critical role of AI licensing agreements in safeguarding quality journalism, whilst cautioning media organisations to remain vigilent about their intellectual property rights.…
Intel CEO Pat Gelsinger Steps Down as Share Price Tumbles and AI Race Intensifies
Intel's chief executive Pat Gelsinger has unexpectedly resigned from his position, concluding a turbulent four-year tenure marked by the company's struggle to maintain its competitive edge in the semiconductor industry.
The Silicon…
Telegram Reports Massive Crypto Gains While CEO Faces Legal Battle in France
The messaging platform Telegram has disclosed to investors that its chief executive Pavel Durov's detention by French authorities has not significantly impacted operations, whilst revealing substantial gains from cryptocurrency holdings…
Flying Cars Take Off As Joby Aviation Leads The Race To Revolutionise Urban Transport
The future of urban air mobility is rapidly approaching, with California-based Joby Aviation emerging as the frontrunner in the race to bring electric vertical take-off and landing (eVTOL) vehicles to our skies. The company, valued at £4.2…
British Travel Tech Firm Lighthouse Hits Unicorn Status After £293m Investment
London-based hotel pricing software company Lighthouse has achieved unicorn status following a substantial £293 million investment from American private equity giant KKR, marking a significant milestone in the British tech sector.
The…
Nvidia Shares Falter Despite Staggering AI Driven Profit Growth
The world's most valuable chipmaker, Nvidia, has reported spectacular quarterly results, with sales soaring 94% year-on-year to $35.1 billion, surpassing market expectations of $33.2 billion. The company's net profit demonstrated remarkable…
UK Serious Fraud Office Launches Joint Bribery Investigation into Thales Defence Group
The Serious Fraud Office (SFO) has initiated a significant investigation into defence company Thales regarding allegations of bribery and corruption. The probe, announced on Thursday, marks a collaborative effort between the UK agency and…
British Supercomputing Crisis as Nation Falls Behind Global Powers in AI Race
The United Kingdom's position in the global supercomputing arena faces a critical setback following the cancellation of an £800 million project, leaving the nation without representation in the world's top 50 supercomputers.
Mark…