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BT warns of smartphone price rises due to chip shortages from AI boom

Telecoms company CEO says tech firms are buying up memory chips to power datacentres relied on by AIBusiness live – latest updatesBT has said that the cost of smartphones could rise as technology companies buy up semiconductor chips due to the boom in artificial intelligence (AI), putting pressure on supply chains.The telecoms company’s chief executive, […]

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Nvidia’s revenue blows past Wall Street expectations as AI boom accelerates

Many analysts view company’s financial performance as a broader referendum on AI buildoutNvidia continued its years-long streak of beating Wall Street’s expectations for growth on Wednesday, reassuring most investors that the AI boom, particularly the global explosion of datacenters, will continue apace.“The buildout of AI factories – the largest infrastructure expansion in human history –

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Google DeepMind in talks with UK unions amid staff concern over AI use by US and Israel

Exclusive: Workers sign petitions over applications of AI by governments for defence and intelligence, and vote to unioniseGoogle DeepMind has agreed to enter formal talks with UK tech workers that could lead to trade union representation, in a groundbreaking move that comes amid growing staff concerns about the use of its AI by the US

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Multilateralism at work: Eurogroup chief on G7 meeting, Europe’s priorities and challenges

G7 finance ministers and central bankers have wrapped up their two-day meetings in Paris as the war in Iran and the energy crisis continue to weigh on the global economy. Eurogroup President Kyriakos Pierrakakis, who represented the 21-member euro area in the talks, told FRANCE 24’s François Picard and Yuka Royer that despite some differences,

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Multilateralism at work: Eurogroup chief on G7 meeting, Europe’s priorities and challenges

G7 finance ministers and central bankers have wrapped up their two-day meetings in Paris as the war in Iran and the energy crisis continue to weigh on the global economy. Eurogroup President Kyriakos Pierrakakis, who represented the 21-member euro area in the talks, told FRANCE 24’s François Picard and Yuka Royer that despite some differences,

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