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Google parent earnings beat projections amid plans to invest deeply in AI
Alphabet reports $34.5bn profit and revenue soars 48% in recent quarter as it plans a sharp increase in AI spending Google’s parent company, Alphabet, beat Wall Street expectations on Wednesday, and is planning a sharp increase in capital spending in 2026 as it continues to invest deeply in AI infrastructure. Alphabet on Wednesday reported profit…
Women in tech and finance at higher risk from AI job losses, report says
‘Mid-career’ female workers also being sidelined by rigid hiring processes, says City of London Corporation Women working in tech and financial services are at greater risk of losing their jobs to increased use of AI and automation than their male peers, according to a report that found experienced females were also being sidelined as a…
Fairphone 6 review: cheaper, repairable and longer-lasting Android
Sustainable smartphone takes a step forward with modular accessories, a good screen and mid-range performance The Dutch ethical smartphone brand Fairphone is back with its six-generation Android, aiming to make its repairable phone more modern, modular, affordable and desirable, with screw-in accessories and a user-replaceable battery. The Fairphone 6 costs £499 (€599), making it cheaper…
Elon Musk merges SpaceX with xAI at $1.25tn valuation
Aerospace business and artificial intelligence firm to unite for IPO as world’s most valuable private company Business live – latest updates Elon Musk’s aerospace company SpaceX has acquired his artificial intelligence business xAI, in a $1.25tn (£910bn) merger that consolidates part of Musk’s empire as SpaceX prepares to go public later this year. The two…
‘Deepfakes spreading and more AI companions’: seven takeaways from the latest artificial intelligence safety report
Annual review highlights growing capabilities of AI models, while examining issues from cyber-attacks to job disruption The International AI Safety report is an annual survey of technological progress and the risks it is creating across multiple areas, from deepfakes to the jobs market. Commissioned at the 2023 global AI safety summit, it is chaired by…