Browsing Category
Artificial intelligence
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…
European Tech Investor Xavier Niel Warns AI Startups Against Early Exit Strategies
French billionaire Xavier Niel, a prominent European technology investor, has issued a stark warning to the continent's artificial intelligence startups, urging them to resist the temptation of early buyouts from larger competitors. The…
Apple Takes Bold Stance on AI Smart Home Innovation With New Hub Plans
Apple is positioning itself for a significant push into the artificial intelligence-driven smart home market, with plans to launch a new wall-mounted hub device in 2025. The technology giant's strategic move signals its renewed commitment…
Trump Selects Musk as Key AI Policy Adviser Amid Safety Regulation Concerns
Elon Musk's anticipated influence in Donald Trump's administration could herald stricter safety protocols for artificial intelligence development, according to prominent MIT scientist Max Tegmark. The Tesla chief executive's historical…
AI Startup Flawless Set to Transform Global Film Industry With £100 Million Pound Investment
A groundbreaking artificial intelligence startup, co-founded by British film director Scott Mann, has secured £100 million in private investment to revolutionise the film industry's approach to dialogue editing and international…
Apple Signals Future Products May Not Match iPhone Profit Success
In a significant shift in corporate messaging, Apple has cautioned its investors that upcoming products might struggle to achieve the remarkable profit margins established by its flagship iPhone business. The warning comes as the tech giant…
Meta Nuclear Power Centre Plans Halted By Protected Bee Species
Mark Zuckerberg's ambitious plans to establish a nuclear-powered AI data centre have encountered an unexpected setback due to the discovery of a rare bee species at the proposed construction site.
The Meta chief executive had sought to…
Apple Smashes Fourth Quarter Sales Records Despite EU Tax Hit
Tech giant Apple has delivered exceptional fourth quarter results, with record-breaking sales of £94.9 billion, outperforming Wall Street's projected figures. The impressive performance was primarily driven by robust iPhone demand, though…
OpenAI Launches Web Search Integration for ChatGPT in Bold Market Move
OpenAI has unveiled its integrated web search functionality for ChatGPT, marking a significant advancement in the artificial intelligence search landscape. The San Francisco-based organisation is implementing this feature gradually, with…
Amazon Cloud Business Soars as AI Demand Fuels Record Investment and Growth
Amazon's quarterly revenues have witnessed a remarkable surge, driven by what CEO Andy Jassy describes as a "once in a lifetime opportunity" in generative artificial intelligence, coupled with robust advertising demand. The tech giant's…
Apple Shares Dip Despite Strong Earnings as AI Features Begin Global Rollout
Apple's shares experienced a 1.9 per cent decline in after-hours trading following a cautious outlook for the holiday quarter, despite reporting solid financial results. The tech giant's forecast of low to mid-single-digit revenue growth…
Microsoft Quarterly Profits Soar as AI Investment Strategy Delivers Strong Returns
Microsoft's substantial investment in artificial intelligence technology has yielded impressive returns, with quarterly sales climbing 16 per cent to £65.6 billion, surpassing Wall Street's expectations.
The tech giant's Azure cloud…
Meta Accelerates AI Investment Plans as Quarterly Profits Soar Past Expectations
Meta's substantial investments in artificial intelligence are demonstrating "strong momentum" according to Mark Zuckerberg, as the tech giant's quarterly revenue and earnings exceeded Wall Street's predictions. The company's chief executive…
Microsoft Share Price Dips Despite Cloud and AI Revenue Surge in Q1 2023
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 Musks xAI Seeks £40bn Valuation in Latest Funding Drive
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,…
Google Parent Alphabet Reports Extraordinary AI Driven Profit Surge in Quarter Three
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 Profit Skyrockets on Cloud Expansion and AI Demand
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…
UK Government Urged to Simplify Visa Process for AI Experts
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…