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Technology
Amazon delays order of Nvidia’s’superchips’ in anticipation of updated model
Amazon's cloud computing division has decided to delay the use of Nvidia’s most advanced “superchip” in order to wait for a newer, more powerful model. Investors are worried about a drop in demand during Nvidia's $2.3tn product cycle.
In…
Reddit Shares Soar After Announcing Partnership with OpenAI
In a move that sent Reddit (NYSE:RDDT) shares surging by 14% in after-hours trading, the social media platform announced a groundbreaking partnership with OpenAI, the creator of ChatGPT. This collaboration is set to revolutionize the way…
Sony Music warns tech companies and streaming services about AI usage of its artists
Sony Music has sent warning letters to over 700 artificial intelligence developers around the world and music streaming services in an effort to combat tech groups that are ripping artists off.
The Sony music letter, seen by many,…
BT increases AI usage to combat hacking threats for business customers
BT said that it uses artificial intelligence more to detect and neutralise cyber threats targeting businesses.
The £10.5bn Group aims to grow its business by protecting customers against online criminals. It has patent technology that…
SoftBank, the owner of Arm, reports a profit of £1.2bn as it shifts to AI
SoftBank, a Japanese tech investor, made a profit in the second quarter of '18. It is trying to improve its performance before it makes large investments in artificial-intelligence.
SoftBank has reported a net profit of 231bn (£1.18bn),…
Apple apologizes for iPad advertisement after massive backlash
Apple apologized for an advertisement that showed musical instruments, art tools, and games being crushed with a hydraulic press. The ad had led to accusations of cultural insensitivity.
Apple CEO Tim Cook launched the one-minute video…
Warren Buffett praises Apple after it reveals share sale
Warren Buffett has heaped praise upon Apple, despite investing billions of dollars in the iPhone maker.
The investor called the iPhone "one of greatest products" and possibly "the greatest product of all times".
He said that the…
Warren Buffett warns that the AI genie has ‘escaped the bottle’
Warren Buffett compared artificial intelligence development to that of the nuclear bomb and predicted AI scams would become the largest "growth industry" of all time.
The 93-year old investor spoke hours after it was revealed that his…
TikTok welcomes back music stars
Adele, Drake, and other world-famous music stars will return to TikTok following a resolution of a bitter dispute that had existed between their music companies and the social media application.
TikTok was forced to remove all songs by…
Amazon’s profits are boosted by cloud computing, advertising and marketing
Amazon has reported an increase in profits for the first quarter of this year. Advertising and cloud computing are to thank for this.
The net income of the company increased from $3.4 billion to $10.4 billion. Sales rose 13% to $142.4…
ChatGPT is now available on FT
OpenAI, a Microsoft-backed company, has signed a deal to give its ChatGPT artificially intelligent program access to the Financial Times' archived content.
The details of this tie-up, which is described as a “strategic licensing and…
Baltic Ministers warn that Russian GPS jamming could cause an air disaster
Baltic Ministers warn that GPS jamming, attributed to Russia, could cause an air disaster. The interference with navigational signals forced two Finnish planes to turn back mid-flight after the interference.
Separately, the foreign…
Amazon Fresh launches Jeremy Clarkson’s Farm Shop
Jeremy Clarkson's Diddly Squat Farm Shop in the Cotswolds is a magnet for Jeremy Clarkson enthusiasts who line up the parking lot each week to buy the products inside.
Customers can now order online and in some Amazon Fresh shops…
British chip manufacturer IQE profits from AI boom
IQE's chip components are in high demand due to the boom in artificial Intelligence.
In an update released yesterday, the company said that its order book of wafers was growing and would likely continue to grow. This sparked a jump in…
Polar Capital is a new-found fan of technology stocks
Polar Capital's figures show that investors are now putting more money back into technology funds after an eight quarter period of net redemptions.
The shares of the London-listed specialist investment manager in technology jumped by a…
Bezos, Gates and Bezos are backing a brain chip startup called ‘Black Sheep’
Billionaires invested $140m into Elon Musk's rival tech company Synchron
Noland Arbaugh, 29, was finally able to do something that was previously impossible. He was allowed to freely use his Neuralink chip.
In a video on X (formerly…
The merger of Vodafone and Three is being investigated in depth by the Competition Commission
Britain's Competition Watchdog has officially requested an in-depth probe of the planned £18 billion merger between Vodafone UK & Three.
The companies failed to submit any "meaningful" solutions that could have alleviated competition…
Microsoft Teams to be sold separately from Office
Microsoft is now selling Teams, its online meetings service, as a separate product from its Office suite, after being scrutinized by competition regulators.
The technology group split Teams and Office in Europe six months ago to try and…