Uber has been served with legal demands to halt the use of its artificial intelligence implemented pay systems, amid mounting criticism that the company’s algorithms have significantly reduced driver earnings.
Uber has been served with legal demands to halt the use of its artificial intelligence implemented pay systems, amid mounting criticism that the company’s algorithms have significantly reduced driver earnings.
Markets opened cautiously as investors awaited results from Nvidia, the world’s largest chipmaker and a pivotal force in this year’s artificial intelligence equity rally. Futures pointed to modest gains at
Jeff Bezos, founder of Amazon, is set to lead a new artificial intelligence start-up called Project Prometheus. This marks his first chief executive position since stepping down from the retail
Berkshire Hathaway has made a significant move in the technology sector by acquiring 7.85 million shares in Alphabet, the parent company of Google, in the September quarter. The stake is
The influence of artificial intelligence on the UK economy is no longer a speculative matter. After years of discussion and anticipation, tangible impacts are emerging in employment figures and across
Nvidia’s dominance in the artificial intelligence sector has reached new heights as its latest processor, the Blackwell Ultra, is rapidly reshaping the landscape of data centre investment. Earlier this year,
The NHS faces significant risks to future productivity without urgent, widespread adoption of artificial intelligence across its workforce, warns Euan Blair, the founder of tech training group Multiverse and son
Billionaire technology investor Peter Thiel has divested his entire position in Nvidia, a move reflecting growing concerns about the sustainability of the artificial intelligence investment surge. Thiel Macro, his hedge
Nvidia, led by Jensen Huang, recently unveiled the Blackwell Ultra, a highly advanced graphics processor designed for artificial intelligence workloads. Tech giants such as Amazon, Meta, and OpenAI have committed
Michael Burry, the investor renowned for his successful wager against the United States housing bubble as depicted in The Big Short, has shifted his sights to artificial intelligence equities. Burry,
Investors have withdrawn an unprecedented volume of capital from stock funds amid speculation over impending tax increases and heightened concerns regarding possible overvaluation in the artificial intelligence sector. October saw
SoftBank has sold its entire holding in Nvidia for approximately £5.8 billion, drawing renewed scrutiny over the sustainability of the artificial intelligence investment cycle. The Japanese conglomerate confirmed it will
Sam Altman, now synonymous with the artificial intelligence revolution, has propelled OpenAI to the forefront of one of the most ambitious and capital-intensive projects in history. Once described by mentor
The European Union’s pioneering Artificial Intelligence Act, which came into force in August 2024, is facing potential delays to key provisions amid substantial lobbying from major technology firms and pressure
OpenAI, the company behind ChatGPT, has signalled that government support may be required to underpin its plans for colossal spending on artificial intelligence infrastructure. Amid a global surge in AI
Once the pride of Britain’s financial sector, City of London fund managers are facing a rapidly shifting investment landscape – but signs of a long-awaited resurgence are emerging. Communities of