McKinsey, the global management consultancy renowned for offering advice on cost reduction, is preparing for significant internal changes as advances in artificial intelligence reshape the industry. Senior partners have initiated
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Meta has witnessed a remarkable rally in its share price, soaring by $100 billion as investors responded positively to chief executive Mark Zuckerberg’s decision to substantially reduce spending within the
Google’s ambitious new European headquarters in King’s Cross, London, dubbed the “landscraper,” now faces an extended delay, with occupancy postponed until at least 2026. This delay follows repeated setbacks for
Jeff Bezos, founder of Amazon, is set to lead a new artificial intelligence start-up called Project Prometheus. This marks his first chief executive position since stepping down from the retail
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
Norway has decided to freeze its ethical investing framework for its colossal $2.1 trillion (£1.6 trillion) sovereign wealth fund, allowing it to retain investments in technology giants with close ties
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
Nvidia has cemented its place in technology history, achieving a record breaking £5 trillion market valuation this week. The landmark comes as CEO Jensen Huang concluded a series of planned
Nvidia has become the world’s first company to reach a valuation of five trillion dollars, marking an extraordinary ascent that has captured the attention of investors and analysts across the
The world of artificial intelligence continues to shape the outlook of global financial markets, with the looming earnings results of America’s largest technology firms drawing intense scrutiny this week. Apple,
Saltend Chemicals Park, located on the outskirts of Hull, has long stood as a testament to Britain’s industrial heritage. Once a thriving centre for the production of chemicals, fertilisers, and
A significant development has emerged in the ongoing negotiations over TikTok’s operations in the United States. The White House has revealed that the evolving agreement aims to secure American control
China orders tech giants to halt Nvidia chip use as drive for semiconductor independence accelerates
China has instructed its leading technology companies, including ByteDance and Alibaba, to cease use and testing of Nvidia’s artificial intelligence chips, according to new information reported this week. The directive
The chief digital and technology officer of Marks & Spencer, Rachel Higham, has decided to step down from her position, according to an internal memo circulated by the retailer. Higham,
Larry Ellison, co-founder and executive chairman of Oracle, has overtaken Elon Musk to become the world’s richest man following a dramatic ascent in Oracle’s share price. The exceptional surge saw
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