Alphabet, the parent company of Google, has announced ambitious capital expenditure plans for the year, targeting between 175 billion and 185 billion dollars. This move showcases the company’s aggressive approach
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British courts are preparing for an unprecedented wave of legal claims, driven by individuals receiving assistance from artificial intelligence chatbots. A prominent judge has warned that the influx of cases
The UK-based artificial intelligence company ElevenLabs has secured an additional $500 million in funding, bringing its valuation to an impressive $11 billion. This latest funding round was led by Sequoia
The introduction of a new artificial intelligence tool designed to assist lawyers in drafting briefings and reviewing contracts has generated significant buzz within the software industry. This development places traditional
Almost £14 billion was wiped off the market value of London’s largest media and data companies, as fears emerged that artificial intelligence could undermine core segments of their businesses. Relx,
As the development of artificial intelligence accelerates, concerns have arisen about the implications for humanity. Dario Amodei, co-founder of Anthropic, has expressed alarm over the rapid advancements in AI and
Tesla has announced a substantial increase in capital expenditure for the year, exceeding £20 billion. This financial commitment aligns with the company’s strategy to enhance production capabilities for humanoid robots
A London-based artificial intelligence company, Synthesia, has seen its valuation soar to four billion dollars in just twelve months. This remarkable growth follows a successful funding round that raised two
During a recent panel session at Davos, Satya Nadella, the chief executive of Microsoft, articulated the perspective that a country’s economic prosperity is now directly linked to the cost associated
The smartphone industry is undergoing a significant transformation as demand for memory chips surges due to the ongoing artificial intelligence boom. Carl Pei, the founder and chief executive of Nothing,
Raspberry Pi, the Cambridge-based micro-computer manufacturer, is signalling potential constraints in the upcoming year as demand for its preferred chips skyrockets amidst a burgeoning need for artificial intelligence infrastructure. Despite
>Elon Musk’s platform X recently ceased operations of its artificial intelligence chatbot, which was reportedly undressing women in images. This decision came after officials in the United Kingdom threatened to
The Bank of England’s governor, Andrew Bailey, has called for Britain to brace itself for a wave of job displacement driven by artificial intelligence. Comparing the trend to previous technological
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,
Jensen Huang, the influential founder and chief executive of Nvidia, has moved to quell growing unease over soaring valuations within the technology sector amid mounting warnings of potential asset bubbles
The artificial intelligence (AI) revolution has ignited an extraordinary investment surge, with global data centre spending projected to reach an astonishing $3 trillion by 2028. These vast warehouses, humming with
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