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‘Existential crisis’: how Google’s shift to AI has upended the online news model
Media sites are taking action on several fronts as traffic referrals dry up and AI companies plunder their content When the chief executive of the Financial Times suggested at a media conference this summer that rival publishers might consider a “Nato for news” alliance to strengthen negotiations with artificial intelligence companies there was a ripple…
Intel shares jump after report says Trump administration looking at stake
Market value passes $104bn despite White House saying claims of talks to invest in factories are ‘speculation’ Shares in Intel have jumped 7.4% after it was reported that the Trump administration is considering taking a stake in the struggling US chipmaker. The potential investment, which would be paid for by the US government, would be…
Musk hails $16.5bn Samsung deal to supply Tesla with AI chips
South Korean tech company will produce carmaker’s next-generation semiconductors at new plant in Texas Business live – latest updates Samsung has agreed a $16.5bn (£12.3bn) deal to manufacture artificial intelligence chips for Tesla, in a move hailed by Elon Musk. The South Korean tech company announced the contract with an unnamed client in a regulatory…