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Technology

Microsoft signs deal in Whitehall

Microsoft signed a 5-year product agreement for the British Government, as the Labour government deepens ties with this giant technology group whose UK CEO has been appointed to head an influential new industry body. Microsoft and Crown…

Reeves: Cut regulations to help Britain grow

Their bosses said that the top five British banks could help the government achieve growth and prosperity if they were shielded from additional regulations. HSBC, Lloyds, Santander, NatWest, Barclays and NatWest leaders called today for…

Matt Brittin resigns as Google Europe boss

Google's UK and Europe boss is retiring after nearly two decades in which he guided the internet giant to a $2 trillion market valuation. Matt Brittin will depart in the New Year as the industry shifts focus to artificial-intelligence…

OpenAI’s funding round values ChatGPT at $157bn

OpenAI raised $6.6 billion as part of a fundraising round, which values ChatGPT at $157 billion. This shows the level of investor confidence in artificial intelligence technology. San Francisco-based company said that the investment…