OpenAI investor calls for tax overhaul as AI reshapes jobs market March 29, 2026 An early investor in OpenAI has called for a radical overhaul of the US tax system in anticipation that the rise of AI will necessitate a shift from taxing labour to taxing capital. American businessman and venture capitalist Vinod Khosla has said that as the accelerated automation of the workforce fuels public anxiety over job [...]
Will AI replace gambling as Premier League front-of-shirt preference? March 29, 2026 AI companies have set their sights on sports. The Premier League already has competition-wide AI deals with Microsoft and Adobe, and recently Chelsea FC cut a front of shirt deal with industrial AI company IFS. These firms are in an extraordinary period of growth, and they have deep pockets to elevate their brands. They know [...]
Next unveils huge development in £2.5bn economy boost March 26, 2026 Retail giant Next has unveiled a huge new development which it says will add £2.5bn to the economy, as the FTSE 100 firm invests over £300m in its warehouses. The firm has been granted planning permission to build a new 1.2m sq ft warehouse in its Elmsall complex in Yorkshire, with construction set to commence [...]
Next: Iran war costs retailer £15m and could push up prices March 26, 2026 High street giant Next has said it will take a £15m hit from the soaring air freight and fuel prices caused by the Iran war, as it races to make savings elsewhere to offset the costs. The FTSE 100 firm said it expects the conflict to constrain its growth in the Middle East, which accounts [...]
Arm is opening a chip shop. This could be transformative March 26, 2026 Fascinating news came on Tuesday night that semiconductor designer Arm confirmed rumours that it would be launching its own chip. For those not in the know, Cambridge-based Arm has so far only focused on semiconductor architecture – the blueprint that determines how chips work – and then licences that out to tech firms who choose [...]
Arm moves into chips as boss says firm will deliver silicon March 25, 2026 Arm boss Rene Haas said the company will begin delivering its own chips as it unveiled its first in-house processor, marking a major shift for the UK tech firm. “With today’s announcement, we’re expanding the Arm compute platform to include delivery of production silicon with our Arm AGI CPU,” Haas said. The Cambridge-based company revealed [...]
OpenAI shuts Sora and drops Disney deal in AI reset March 25, 2026 OpenAI has shut down Sora, its AI video app, less than two years after the tool made headlines for turning short text prompts into strikingly realistic video clips. The company is also winding down its content partnership with Disney, bringing an abrupt end to one of the most closely watched tie-ups between Hollywood and a [...]
If Reeves wants Britain to lead in AI, she must offer tax incentives March 25, 2026 The government is aware of the levers it’s able to pull to compete on AI: planning, electricity connections, visas, higher education policy, direct subsidies. But where’s tax? Asks Tim Sarson A couple of weeks ago one of those mini news stories came along, the sort that is so neatly zeitgeisty that it demands further consideration. [...]
Tesla jumps on Musk’s $20bn AI chip push March 24, 2026 Tesla shares climbed around 3.5 per cent on Monday after Elon Musk unveiled plans for Terafab, a huge semiconductor manufacturing project aimed at securing chip supply for the company’s next phase of growth. The stock rose to about $381 as investors responded positively to the announcement, as the firm looks beyond electric vehicles into AI [...]
