Bill Winters faced backlash over remarks about some of near 80,000 staff set to lose roles to AI The chief executive of Standard Chartered has apologised for referring to some of the almost 8,000 staff that are set to lose their jobs to artificial intelligence as “lower-value human capital”. Bill Winters offered the apology after …
The US president said he doesn’t ‘want to do anything to get in the way’ of tech firms competing with China House Republicans canceled a scheduled Thursday vote on a war powers resolution aimed at ending the US war with Iran, a measure that likely would have advanced had the vote been held. Donald Trump …
Trump postpones executive order on AI over China concerns – US politics live Read More »
IPO filing from Elon Musk’s company reveals closer look at finances, cosmic ambitions and tech empire’s quirks SpaceX publicly released an investor prospectus on Wednesday as part of its plan for a $1.75tn debut on the US stock market next month, revealing unseen details about the finances and future plans of Elon Musk’s flagship company. …
Mars colony and Grok warnings: five strange details in SpaceX’s pitch to investors Read More »
Licensing agreement will allow listeners to use AI to create content on streaming platform for first time Spotify and Universal Music Group have agreed on a deal that will allow subscribers to generate song covers and remixes using artificial intelligence. The licensing agreement is the first time the Swedish streaming company will allow listeners to …
Spotify and Universal Music agree deal to let subscribers create AI remixes Read More »
Company says work on Paul Erdős planar unit distance problem shows advance in AI reasoning OpenAI has claimed a further advance in AI reasoning after its technology successfully tackled an 80-year-old maths problem. The company behind ChatGPT said it had made a breakthrough with a challenge first posed by Hungarian mathematician Paul Erdős in 1946: …
OpenAI makes breakthrough on 80-year-old maths problem Read More »
ASX-listed company announced in February it would lay off almost 30% of its 7,000-strong workforce across 40 countries Get our breaking news email, free app or daily news podcast WiseTech has begun informing staff that they will lose their jobs as part of redundancies the company has said is due to artificial intelligence advancements – …
Telecoms company CEO says tech firms are buying up memory chips to power datacentres relied on by AI Business live – latest updates BT has said the cost of smartphones could rise as technology companies buy up semiconductor chips because of the boom in artificial intelligence, putting pressure on supply chains. The telecoms company’s chief …
BT warns of smartphone price rises due to chip shortages from AI boom Read More »
Jack Clark describes ‘vertiginous sense of progress’ and ‘profound changes’ to society alongside risks of technology An AI system will work with humans to make a Nobel prize-winning discovery within 12 months and tradespeople will be helped by bipedal robots in two years, according to the co-founder of Anthropic. Jack Clark described a “vertiginous sense …
Exclusive: Scotland Yard had been in talks to use Palantir’s AI technology to automate intelligence analysis A £50m Met police deal with the controversial US tech company Palantir has been blocked by the London mayor, Sadiq Khan, with City Hall citing a “clear and serious breach” of procurement rules. Scotland Yard had been in talks, …
London mayor Sadiq Khan blocks £50m Met police deal with Palantir Read More »
Many analysts view company’s financial performance as a broader referendum on AI buildout Nvidia continued its years-long streak of beating Wall Street’s expectations for growth on Wednesday, reassuring most investors that the AI boom, particularly the global explosion of datacenters, will continue apace. “The buildout of AI factories – the largest infrastructure expansion in human …
Nvidia’s revenue blows past Wall Street expectations as AI boom accelerates Read More »
