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Artificial intelligence
Rishi Sunak’s AI Lab scrambles to get more power
The British government is scrambling to find extra electricity capacity in the area where it plans to house its new artificial intelligence lab.
It is believed that the Prime Minister has become personally involved in efforts to…
Recruitment chief says that ChatGPT will result in a four-day work week.
AI can automate repetitive tasks, which will increase the productivity of workers
The boss of one the largest recruiters in the world has stated that artificial intelligence programs like ChatGPT will open the doors to a…
On earnings calls, CEOs tout the benefits of AI but do not mention it in their official filings
Artificial intelligence is a rapidly growing technology that has created excitement across industries, from fast food to theme park. Executives are eager to demonstrate how they will benefit from the new technology.
However, a review of…
British media and creative industries questioned about AI risks to copyright
The British government is contacting the media and creative industries in Britain over concerns that artificial intelligence-generated products are violating their copyright.
The Department for Digital, Culture, Media and Sport has…
UK spends £100m on AI chip race
The UK government will invest £100m in an effort to gain a foothold for the UK on the global stage of producing computer chips that power artificial intelligence.
Taxpayer funds will be used to create a national AI resource for Britain…
Robot chef from Ocado sold at pennies a pound
A startup that made robot chefs and attracted millions in investment from Ocado has been sold in a pre-pack administration for just £350,000.
Karakuri, founded by Barney Wragg in 2018, developed a robotic arm for serving noodles and an…
Top Google AI experts select Japan for their own AI development
Former Google researchers who wrote a paper that sparked the generative AI revolution have teamed up with an ex-colleague in Tokyo to launch a start-up for artificial intelligence.
Sakana AI was founded by David Ha, a former Google AI…
Saudi Arabia and UAE race for Nvidia chips in order to fuel AI ambitions
Saudi Arabia and United Arab Emirates have bought thousands of high-performance Nvidia processors crucial for developing artificial intelligence software. They are joining a global AI arms races that are squeezing Silicon Valley's hot…
Multinationals use AI-generated supply chain management to improve their efficiency
As geopolitical tensions increase and companies face pressure to end links with environmental and human right abuses, they are increasingly turning to artificial intelligent to help them navigate the increasingly complex supply chain.…
China’s Internet Giants Order $5bn in Nvidia Chips to Power AI Ambitions
China's Internet Giants are in a frenzy to buy high-performance Nvidia Chips vital for building generative artificial Intelligence Systems. They have placed orders worth $5bn, fueled by fear that the US would impose new export restrictions.…
Google and Universal Music reach agreement over AI “deepfakes”
Google and Universal Music have begun discussions to license the melodies and vocals of artists for songs created by artificial intelligence. The music industry is trying to monetise its biggest threat.
Four people with knowledge of the…
The US has taken Britain’s quirky chip champion.
Ahead of a landmark public listing, one of the UK's biggest success stories is facing an identity crisis
When the chip designer Arm shortly sells shares in this year's most closely watched initial public offering (IPO), it will…
Pearson takes on ChatGPT in its own game
Pearson, a FTSE 100 educational publishing company, has fought back against AI's potential threats by integrating ChatGPT style tech into its products. Students can use this technology to summarize book content and create practice tests.…
Breit, Blackstone’s subsidiary, sells properties to fund AI data centres
Blackstone's flagship $68bn property fund is now one of the largest sellers of real estate in the world. It has raised liquidity to meet redemptions, and invested billions of dollars into data centres for the artificial intelligence boom.…
Big Tech is racing to make generative AI central
Artificial intelligence is best viewed as a business accelerator -- something that adds new "smart features" to existing products, and boosts tech companies' revenue?
Is it a new disruptive platform that has the potential to shift the…
ChatGPT’s founder plans to scan every owner’s retina around the globe in exchange for…
Sam Altman says 'Worldcoin" project is necessary to counter the threat of AI
The Silicon Valley-based entrepreneur who created ChatGPT unveiled plans to scan every iris in the world, to distinguish between real people and…
Magnificent seven tech companies have saved the stock market, but they are now riding to a fall
This is a fascinating fact: the latest leg of America’s long bull-market was driven almost exclusively by seven stocks, namely Alphabet (Alphabet), Apple (Apple), Meta (Microsoft), Nvidia, and Tesla. These are what Bank of America…
Microsoft will charge $30 per month to use generative AI features
Microsoft will charge $30 per month for its widely-used productivity software that includes generative artificial intelligence. This is a higher price than anticipated, but many industry experts hope this technology will boost revenues.…