The Notebook: The City has to unite against the risks of generative AI February 19, 2024 The UK has opted to steer clear of AI-specific rules, leaving the onus on City businesses to determine how to use GenAI responsibly.
‘Little room for error’ for Nvidia in full year results February 18, 2024 Chip designer Nvidia has provided a bullish forecast for its fourth quarter sales, estimating them to reach $20bn (£15.9bn).
EU set to fine Apple €500m over music streaming misconduct February 18, 2024 The European Commission is reportedly due to hit Apple with its first ever fine against the company following an antitrust investigation into its music streaming business.
UK chipmaker Graphcore explores sale as it struggles to cash in on AI boom February 18, 2024 British chipmaker Graphcore is reportedly exploring a sale to foreign buyers after struggling to reap the rewards of the boom in artificial intelligence.
How are AI hedgies finding the next Nvidia and what are they betting big on? February 16, 2024 As Nvidia becomes Wall Street’s third most valuable company, where else are hedgies looking to place their AI related bets?
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
Cambridge tech firm Checkit halves losses as it eyes profitability February 15, 2024 Software company Checkit has said its path to profitability is moving faster than expected, after it has halved losses year on year.
Airbnb ‘reinventing’ itself with £4.8bn share buyback as it looks to go ‘far beyond travel’ February 14, 2024 Airbnb has said it is expanding beyond its core services and has revealed a $6bn share buyback scheme amid mixed results.
Arm shares double in three days as investors cheer company’s AI-driven earnings boom February 13, 2024 Shares in the newly public chip company Arm soared over 40 per cent on Monday as a three-day rally post earnings continues.
Gresham Technologies wins ‘strategic’ data contract ahead of US expansion February 13, 2024 Software company Gresham Technologies has secured a contract worth $1.5m (£1.2m) for its Clareti Control platform, designed to help financial institutions control their data.
