Microsoft and Meta stocks slip as investors demand more Tech Microsoft and Meta stocks have tumbled in after-hours trading despite both tech giants posting better-than-expected results yesterday. Microsoft reported a 16 per cent revenue increase to $65.6bn (£50.5bn) against a forecasted $64.5bn (£49.7bn), fuelled by its cloud services which grew by 33 per cent. Earnings per share (EPS) came in at $3.30 (£2.54), easily beating [...]
CMA launches merger inquiry into Alphabet and Anthropic partnership Tech Britain's competition watchdog has opened a merger inquiry into Alphabet's partnership with artificial intelligence (AI) safety start-up Anthropic.
AI that forgets?: Meet Salesforce’s new privacy-first tech Tech Salesforce introduces the third wave of generative AI with their intelligent 'agents'
Legal & General-backed London data centre finally gets planning approval October 16, 2024 Local government ministers have unanimously approved planning proposals for what is set to be one of London’s largest data centres. The £750m development in the Newham borough of London is joint-funded by asset management firm Legal and General (L&G) and digital infrastructure investor Goldacre. It will be able to deliver from 77 up to 90 megawatts of [...]
Financial Times battles misinformation and rising costs as readership drops October 10, 2024 The number of people picking up a physical copy of the Financial Times has dropped amid the title battling rising costs – including hiring more journalists. The broadsheet said its operating profit fell by £4.56m year on year, from £13.41m to £8.95m, in newly-filed accounts with Companies House. The dip was “in part the result [...]
Donald Trump is wrong: AI is NOT a threat to speechwriting September 30, 2024 “He goes click, click, click, and like 15 seconds later he shows me my speech, written so beautifully.” This is Donald Trump on Logan Paul’s podcast, describing his first encounter with ChatGPT. “I’ve never seen anything like it. And so quickly… It’s a little bit scary… So one industry I think that will be gone [...]
Volkswagen Golf GTI 2024 review: The end of an era September 26, 2024 Last year, Volkswagen quietly filed a trademark application for a GTI badge in which the letter ‘I’ is replaced by a lightning bolt. The new logo suggests the GTI will live on even after the ninth-generation Golf goes fully electric in 2028. As car enthusiasts, we can all be thankful for that. A battery-powered GTI [...]
PwC UK profit falls as partner pay drops to £862,000 against backdrop of AI push September 25, 2024 PwC UK has reported single-digit growth in revenue but on the backdrop of the groups profits and partner pay dropping, again
Powering Innovation – The CEO of SambaNova Systems celebrates Saudi Investment in AI September 24, 2024 Saudi Arabia is committed to powering the next generation of artificial intelligence and harnessing its benefits for the good of humanity. This was the central message at this year’s GAIN Summit, a global AI conference held at the King Abdulaziz International Convention Centre in Riyadh between 10-12 September. The summit, which was organised by the [...]
The EU will strangle innovation in AI September 18, 2024 EU regulatory overreach has gone from from a Brexiteer conspiracy theory and source of ridicule to something that EU leaders themselves acknowledge and are trying to address. But when it comes to AI, they’re already behind, says James Price If you’ve bought a plastic drinks bottle in recent months, you may have noticed a maddening [...]