AI

UK To Investigate Amazon’s $4 Billion Investment In Anthropic

British competition regulator, the CMA, confirms it will investigate Amazon's huge investment into AI firm Anthropic

5 months ago

Musk Files New Lawsuit Against Altman, OpenAI

Elon Musk files new lawsuit against OpenAI, chief executive Sam Altman over claims company defrauded him by becoming commercial entity

5 months ago

Mercedes-Benz To Test Fully Autonomous Vehicles In Beijing

Mercedes-Benz Group first international company to be given permit to test Level 4 fully autonomous vehicles on Beijing roads, as…

5 months ago

Google Hires Character.AI Staff, Licenses Tech

Character.AI co-founders Noam Shazeer, Daniel De Freitas to return to Google along with other researchers in latest AI 'acqui-hire'

5 months ago

Amazon Shares Plummet On Slowing Sales

Amazon shares sink after it reports slowing sales amidst consumer bargain-hunting and competition from China's Temu and Shein

5 months ago

Intel, Nvidia Stocks Slide Amidst Chip Turmoil

Intel stock price plummets most in 50 years after it announces job cuts, as Nvidia declines on report of AI…

5 months ago

Apple Beats Expectations, Despite Falling iPhone Sales

Another solid quarterly financial performance from Apple, despite concerns over iPhone shipments in mainland China

5 months ago

Government Shelves £1.3 Billion UK Tech, AI Plan

Labour government shelves £1.3bn of funding promised by the Conservatives for tech and artificial intelligence projects

5 months ago

Intel To Cut 15 Percent Of Workforce, Suspends Dividend

Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments

5 months ago

EU Approves Hewlett Packard Enterprise’s $14bn Juniper Acquisition

European Commission approves HPE's $14 billion acquisition of Juniper Networks, leaving the UK the last remaining obstacle

5 months ago

Meta Posts Strong Q2 Amid Heavy AI Spending

Facebook parent Meta Platforms delivers strong Q2 financials which beats Wall Street expectations, raising its share price

5 months ago

AI Plans Hampered By Lack Of Skills, Governance Challenges

AI aspirations for over a third of global CIOs are threatened by a lack of skills and expertise, Expereo's IDC…

5 months ago

US To Exempt Allies From Expanded China Chip Equipment Export Rules

Biden administration reportedly will exempt certain allied countries from tougher chip equipment export rules to China

5 months ago

UK Investigates Alphabet Partnership With AI Firm Anthropic

British competition regulator, the CMA, to investigate Google parent Alphabet’s partnership with AI startup Anthropic

5 months ago

Tesla Using Full Self Driving In Crash Kills Biker, Amid Another Recall

Police confirm Tesla EV was using the “Full Self Driving” system when it hit and killed a motorcyclist near Seattle

5 months ago

Intel To Cut Thousands Of Jobs – Report

Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump

5 months ago

Microsoft Expected To Report 31 Percent Azure Growth Amidst AI Pressure

Microsoft expected to report 31 percent growth in Azure cloud unit as it faces pressure from investors to justify billions…

5 months ago

JPMorgan Rolls Out AI Chatbot To Staff

US bank JPMorgan Chase reportedly gives asset managers access to internal AI chatbot, compares it to working with human research…

5 months ago

SK Hynix To Invest $6.8bn In Yongin Memory Chip Plant

SK Hynix to invest $6.8bn in first plant in emerging chip hub of Yongin amidst soaring demand for memory used…

5 months ago

Apple Signs White House AI Safeguards

Apple joins White House Voluntary AI Safeguards programme, joining 15 other major companies in agreeing to safety and transparency measures

5 months ago

Hollywood Video Game Performers Strike Over AI Fears

Performers for major game producers including Activision and EA go on strike after 18 months of negotiations over generative AI…

5 months ago

OpenAI Tests Search Engine Prototype Called ‘SearchGPT’

Google's dominance of online search is being challenged, after OpenAI unveiled a search prototype tool called SearchGPT

5 months ago

Elon Musk To Discuss $5 Billion xAI Investment With Tesla Board

Conflict of interest? Elon Musk to talk with Tesla board about making $5 billion Tesla investment in his other venture,…

5 months ago

Amazon Developing Cheaper AI Chips – Report

Engineers at Amazon's chip lab in Austin, Texas, are racing ahead to develop cheaper AI chips that are faster than…

5 months ago

Alphabet Q2 Beats Expectations, But Shares Dip

Despite share buyback and positive Q2 results, Alphabet's share price falls over YouTube slowdown and margin declines

5 months ago

Meta Releases Open Source Llama 3.1 AI Model

Release of latest AI model, Llama 405B, offers improved reasoning capabilities especially for math and coding

5 months ago

Extracting Value from Your Investment in AI

Unlock the full potential of your AI investments with a strategic approach. From understanding business needs and building a strong…

5 months ago

Wisk Plans Autonomous Air Taxi Flights By Decade’s End

Boeing-owned start-up Wisk plans autonomous eVTOL flights by end of decade as companies crowd into nascent air-taxi market

5 months ago

Double-Digit Growth For Google Expected Amidst AI Push

Google expected to see double-digit revenue and profit growth for second quarter amidst AI cloud enthusiasm, stronger ad sales

5 months ago

Nvidia Said To Develop ‘Blackwell’ AI Chip For China

Nvidia said to be developing version of next-gen 'Blackwell' AI chip for China market as US mulls further export controls

5 months ago