Balfour Beatty emerges from US oversight scheme after fraud against military Transport & Infrastructure There was a “landmark moment” for FTSE 250 firm Balfour Beatty on Monday, with the announcement that its US subsidiary emerged from special scrutiny from the Department of Justice (DoJ). The news came as both a reminder of the global reach of London’s major support services sector and the pitfalls it can face from complex, [...]
OpenAI rewrites Pentagon AI deal following backlash AI OpenAI has amended its newly signed contract with the US Department of War after chief executive Sam Altman admitted the original announcement “looked opportunistic and sloppy”. The news triggered fears the company’s technology could be used for domestic mass surveillance. The San Francisco-based AI firm signed the agreement with the Pentagon on Friday, hours after [...]
