British chip design powerhouse Arm Holdings has exceeded market expectations, posting impressive financial results amid heightened global competition in artificial intelligence technologies. The Cambridge-based firm reported a robust 19 per
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The parent company of Google, Alphabet, has abandoned its previous commitment to avoid using artificial intelligence for weapons development and surveillance applications. This significant policy shift was announced on Tuesday,
The recent collapse of Stenn, a once-promising fintech venture valued at nearly $1 billion, bears stark similarities to the infamous Greensill scandal, raising serious concerns about the trade finance sector’s
Alphabet, the parent company of Google, witnessed a significant drop in its share price following disappointing sales figures from its cloud computing division, raising concerns about the company’s substantial investments
Global financial markets are closely monitoring developments from China following significant advancements in nuclear fusion technology. The breakthrough has triggered widespread concern amongst Western governments and institutional investors, highlighting growing
The technological landscape experienced a seismic shift as DeepSeek’s groundbreaking artificial intelligence model demonstrated capabilities matching OpenAI’s o1 at a significantly reduced cost. This development sent shockwaves through global markets,
A significant milestone in commercial aviation occurred yesterday as Boom Supersonic’s XB-1 prototype successfully broke the sound barrier during a test flight over the Mojave desert in California, marking the
In an embarrassing turn of events, Virgin Money’s AI-powered chatbot has publicly scolded a customer for using the word “virgin” in their query, highlighting the potential risks of deploying external
In a significant move towards revolutionising the e-commerce delivery landscape, Amazon is seeking regulatory approval to launch its drone delivery service from its Darlington warehouse in County Durham. The technology
British engineering giant Smiths Group has fallen victim to a widespread cyber security breach, sending shockwaves through the FTSE 100. The company’s admission of unauthorised system access across its global
Japanese markets witnessed a continued decline on Tuesday as technology stocks endured a second day of heavy selling, triggered by the dramatic overnight plunge in Nvidia’s share price. The US
A groundbreaking claim by Chinese artificial intelligence company DeepSeek has triggered a massive $600 billion decline in Nvidia’s market value, marking the largest single-day drop in the company’s history. The
The Competition and Markets Authority (CMA), Britain’s antitrust regulator, has initiated a new investigation into Apple and Google’s mobile platforms, mere days after the government’s controversial removal of its chair
The British government has unveiled plans to revolutionise its migration system, focusing on attracting highly skilled workers in artificial intelligence and life sciences sectors. Chancellor Rachel Reeves made the announcement
The board of British digital banking powerhouse Monzo remains divided over the location of its potential market listing, with chief executive TS Anil leaning towards a US debut that could
In a landmark environmental initiative, Microsoft has secured a substantial agreement to restore sections of Brazil’s Amazon and Atlantic forests, exchanging the restoration work for carbon credits valued at approximately
