A staggering £340 billion artificial intelligence investment boom, spearheaded by tech giants, could surpass the economic output of Greece and Egypt combined, yet economists are sounding alarm bells about potential
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In a strategic move following Jack Ma’s recent reconciliation with President Xi, Alibaba has unveiled plans to invest more than $50 billion in artificial intelligence and cloud computing infrastructure. The
Global technology companies must prepare to pay premium rates for energy and water resources to operate data centres in Malaysia, according to the country’s environment minister, as the surge in
OpenAI, the organisation behind ChatGPT, has unveiled comprehensive restructuring plans aimed at facilitating capital raising whilst removing constraints imposed by its non-profit parent organisation. The company’s existing for-profit division will
In a landmark deal that underscores the intensifying battle for artificial intelligence dominance, Databricks has secured £10bn in venture capital funding, marking the largest US venture deal of 2023. The
In a landmark development for artificial intelligence infrastructure, Elon Musk’s xAI has announced plans to expand its Colossus supercomputer facility tenfold, incorporating more than one million graphics processing units (GPUs).
OpenAI, the creator of ChatGPT, is contemplating the introduction of advertising across its artificial intelligence products as the company navigates its transition towards a profit-driven business model. Sarah Friar, OpenAI’s
In a significant move that underscores the intensifying artificial intelligence race, Amazon has injected an additional £4 billion into AI start-up Anthropic, elevating its total investment to £8 billion. The
Apple is positioning itself for a significant push into the artificial intelligence-driven smart home market, with plans to launch a new wall-mounted hub device in 2025. The technology giant’s strategic
