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  • Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor

    Reform UK leader used private meeting at Bank of England to urge governor to drop plans for state-run cryptocurrency Nigel Farage has been trying to block a Bank of England cryptocurrency plan that could be costly for the billionaire bankrolling his party. The Reform UK leader has said Christopher Harborne wants nothing in exchange for…

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  • SpaceX overtakes Amazon to become world’s fifth most valuable company

    Elon Musk’s firm briefly reached $2.97tn valuation days after its IPO following purchase of AI coding startup Cursor SpaceX has overtaken Amazon to become the world’s fifth most valuable company days after its stock market debut. The milestone came as Elon Musk’s company agreed to buy the startup behind the AI-powered coding app Cursor for…

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  • UK sets out AI infrastructure push at London Tech Week – how does it stack up?

    Government announces plans to invest billions, but questions linger over how its proposals on chips, social media and more will work Ownership of the commanding heights of the AI economy is a political talking point around the world, as countries seek to assert some control of a technology dominated by the US and China. London…

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  • Crackdown on tech platforms will go ahead despite US intervention, says No 10

    US embassy came out against UK’s proposed under-16 social media ban, which would affect American firms White House displeasure over the prospect of an under-16 social media ban will not deter the UK from cracking down on tech platforms, the British government has said. The technology secretary, Liz Kendall, told the Guardian she was not…

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  • Anthropic releases ‘safe’ version of Claude Mythos AI model to public

    AI company restricted access to Fable 5, its most powerful Mythos model, for months over cybersecurity concerns Anthropic, the maker of the Claude artificial intelligence (AI) models, made a new version of its technology available to the general public on Tuesday while restricting its use in sensitive areas. Dubbed Fable 5, the model is the…

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  • UK media websites given power to block Google using their articles in AI search

    Watchdog makes ruling on search summaries after publishers complain about drop in click-through traffic and revenue Business live – latest updates Online publishers and news organisations are now able to block their content from appearing in Google’s AI summaries in UK search results, the British competition watchdog has announced. The Competition and Markets Authority (CMA)…

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  • As the tech mega-IPO race heats up, has OpenAI missed its moment?

    With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’ A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer…

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  • Google owner Alphabet to sell $80bn in stock to fund AI spending spree

    One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway Business live – latest updates Google’s parent company, Alphabet, has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom.…

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  • Nvidia launches ‘superchip’ putting AI power into laptops and PCs

    Firm says its RTX Spark PC chip for Microsoft Windows will let AI agents replace the mouse and keyboard Business live – latest updates A new front has opened up in the battle for dominance in AI chips, as Nvidia said its latest development could replace the mouse and keyboard in how people use computers.…

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  • Meta legal action forces Facebook whistleblower to sit in silence at Hay festival

    Sarah Wynn-Williams did not speak during event after lawyers warned of possible sanctions from tech firm Facebook whistleblower Sarah Wynn-Williams was forced to sit in silence on stage at an event at Hay festival, after lawyers advised her not to speak because of ongoing legal action brought by Meta. Wynn-Williams, whose bestselling memoir, Careless People,…

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