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Liz Kendall urges UK public to embrace AI as government makes first £500m fund investment
Technology secretary plays down fears over jobs and cyber security as stake taken in British startup The UK technology secretary has urged the country to “make AI work for Britain”, brushing off fears about its impact on jobs and cybersecurity as the government announced its first investment under a £500m sovereign AI fund. Liz Kendall…
UK’s OnlyFans tops $3bn valuation amid talks to sell stake to US investor
Adult video platform to sell minority stake to increase stability after death of its founder Leonid Radvinsky Business live – latest updates OnlyFans, the UK adult video platform, is in talks to sell a minority stake to a US investor that will value the business at more than $3bn (£2.2bn). The London-based company is in…
AI is destroying jobs – and the energy crisis could make that much worse | Larry Elliott
Every wave of new tech has come with a doomsday scenario. But governments just aren’t planning a human response on the scale required The transition to a world of artificial intelligence has given a whole new meaning to the concept that capitalism can only renew itself through creative destruction. This is the idea that clapped-out…
Child victims of online sexual abuse in UK inadequately protected, review finds
Lack of funding leaving police forces failing to keep pace with two-thirds annual increase in referrals, says report Child victims of online sexual abuse are being inadequately protected from further harm because police forces are struggling to cope with an increase in this crime, his majesty’s chief inspector of constabulary has warned. Michelle Skeer said:…
China now the ‘good guy’ on AI as Trump takes ‘wild west’ approach, MPs told
Experts say China is backing attempts at global governance, while US has set up race between profit-hungry companies China is now the “good guy” on AI rather than Donald Trump’s US, where the technology is being pursued in a dangerous “wild west” manner, a former UN and UK government adviser has told MPs. Prof Dame…
Rolls-Royce secures nearly £600m in UK government cash to develop small reactors
Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updates Rolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors. The fund will help support Rolls-Royce’s design of…
‘Your photos will be deleted’: Apple users warned over ‘nasty’ iCloud storage scam
Fraudsters send emails claiming storage is full or nearly full, then trick people into clicking on links that can expose bank and personal details For a while you’ve been getting messages from Apple saying “your iCloud storage is full”. They say you have exceeded your storage plan, so documents are no longer being backed up,…
OpenAI shelves Stargate UK in blow to Britain’s AI ambitions
Artificial intelligence company cites high energy costs and regulation for putting landmark project on hold OpenAI has put on hold plans for a landmark UK investment citing high energy costs and regulation, in a blow to the government which has put AI at the centre of its growth strategy. Stargate UK was a part of…