The world of artificial intelligence continues to shape the outlook of global financial markets, with the looming earnings results of America’s largest technology firms drawing intense scrutiny this week. Apple,
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The influence of artificial intelligence on white-collar employment became sharply evident as two global giants, Amazon and PwC, confirmed sweeping job cuts this week. Amazon, the e-commerce and technology powerhouse,
OpenAI has completed a sweeping corporate restructuring that values the firm at a staggering $500 billion dollars and brings Microsoft’s ownership of the ChatGPT maker to a substantial 27 per
Synthesia, the London-based artificial intelligence video start-up renowned for its hyper-realistic content, has declined a takeover approach from US software giant Adobe worth a reported three billion dollars. The company,
News Corp chief executive Robert Thomson has issued a stark warning to artificial intelligence companies that undervalue original content. Speaking at The Times Tech Summit, Thomson criticised leading technology firms
The International Monetary Fund has issued a stark warning to investors and policymakers about mounting vulnerabilities in the global financial system. Its twice-yearly financial stability report highlights significant complacency in
Oura, the Finnish-founded maker of health tracking smart rings, has achieved a remarkable new valuation of $11 billion following its latest investment round. The company successfully raised $900 million, with
Sam Altman, chief executive of OpenAI, stands at the vanguard of a technological upheaval poised to reshape our digital existence. Over the past month, Altman’s aggressive deal-making has seen the
Last month, Chancellor Rachel Reeves and Technology Secretary Liz Kendall were pictured donning Google-branded high-vis jackets and hard hats as they visited the US tech giant’s £750 million data centre
Fermi, a new data centre real estate investment trust founded by Rick Perry, former US energy secretary, made an impressive mid-week debut on Nasdaq, yet London investors responded with hesitation.
BP’s latest World Energy Outlook forecasts that data centres supporting artificial intelligence are set to account for ten per cent of the growth in global electricity demand over the next
In a stark warning, Matt Clifford, chair of the Advanced Research and Invention Agency and former adviser on artificial intelligence to the British government, has expressed grave concerns over the
The National Health Service is making a significant stride towards modernising diagnostics with the introduction of a cloud-based screening platform designed to accelerate the identification of chronic diseases. With an
Nvidia, the world’s most valuable company, is set to invest $500 million in Wayve, the British self-driving car technology developer, in a move that highlights the soaring international interest in
Nvidia, the world’s leading chipmaker, has revealed plans to invest $5bn in Intel and enter into a significant collaboration with the embattled semiconductor firm. This move comes just a month
China orders tech giants to halt Nvidia chip use as drive for semiconductor independence accelerates
China has instructed its leading technology companies, including ByteDance and Alibaba, to cease use and testing of Nvidia’s artificial intelligence chips, according to new information reported this week. The directive