Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy July 9, 2024 Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not expected to provide meaningful productivity boosts to the economy.
How AI can help fight crime July 1, 2024 The City of London’s AI Innovation Challenge will harness the power of technology to prevent and track fraud, says Chris Hayward AI chip producer Nvidia is vying with Microsoft and Apple for the title of world’s most valuable company. History teaches us that those who become the world’s most valuable company, be they Standard Oil, [...]
Vanguard chief economist: UK economy primed for success regardless of election winner June 24, 2024 The UK is primed to surge to success into next year regardless of who wins the election, Vanguard's top economist has said.
Nvidia overthrows Microsoft and Apple as world’s most valuable company June 19, 2024 New York's Nasdaq exchange, where Nvidia is listed, has also surged 21 per cent year to date to a record high.
Nvidia boss Jensen Huang declares new industrial revolution as AI stock keeps gaining June 13, 2024 Nvidia recently reported $26bn in revenue for the first quarter of fiscal year 2025, a 262 per cent increase from the previous year.
Apple overtakes Microsoft as world’s most valuable company June 12, 2024 Apple shares rose nearly five per cent to a new record high of $218.02 per share on Wednesday, making it more valuable than Microsoft.
FTSE 100 today: Blue-chip set for muted open ahead of Fed decision; UK jobs data key for direction June 11, 2024 US stocks hit record highs, Asian markets were mixed and Apple shares dipped after the AI demo. All eyes are now on the UK jobs report.
New data centre planned for London amid ‘significant lack of power’ June 7, 2024 The demand for data centres is rapidly rising. AI training and large language models, such as ChatGPT and Gemini, require enormous amounts of power.
Google Gemini AI app launches in UK as chatbots crash globally June 5, 2024 It is another stride forwards for Google in the race against other tech giants for AI dominance.
The Notebook: Does the Gamestop and AMC surge signal a memestock comeback? May 28, 2024 Max Rofagha, CEO and founder of Finimize, takes the pen to talk memestocks, the FTSE 100, and how ChatGPT became a flirt.