Major technology and software companies have witnessed significant declines in stock value, with fears surrounding their substantial investments in artificial intelligence. This week, over one trillion dollars has been wiped
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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
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
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
The evolution of the automotive industry is creating significant shifts in the job market, particularly within the realm of traditional driving roles. A recent report highlights that approximately one million
OpenAI, the technology firm behind ChatGPT, is reportedly making preparations for a potential initial public offering valued at one trillion dollars. According to sources, discussions have commenced with investment banks
Elon Musk is reportedly aiming for a mid-June initial public offering for SpaceX, coinciding with a rare planetary alignment. The listing could become the largest in history, with the company
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
The French government announced plans to phase out American video conferencing tools, including Zoom and Microsoft Teams, across government departments. This strategic move is aimed at enhancing the security and
TikTok has faced a widespread blackout across the United States only a few days after the app officially changed ownership to new American proprietors. This transition was part of a
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
An ambitious initiative is underway as the Labour party readies itself to inject tens of millions of pounds into a pioneering self-driving car firm based in Oxford. This financial commitment
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,
>A British company that has successfully conducted 7,000 repairs on water leaks without costly excavations is poised to tackle mains pipes next. Origin Tech, known for its innovative non-disruptive leak
Rolls-Royce is poised to invest £3 billion in the development of a narrowbody Ultrafan demonstrator. This ambitious undertaking reflects the company’s commitment to advancing aerospace technology in an increasingly competitive
