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Anthropic plans new $10bn fundraise that would value AI firm at $350bn

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Technology

Startup founded by former OpenAI staff is aiming to more than double its annualized revenue run rate this yearAnthropic is planning a $10bn fundraise that would value the Claude chatbot maker at $350bn, according to multiple reports published Wednesday.The new valuation represents an increase of nearly double from about four months ago, per CNBC, which […]

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Battery electric cars will overtake diesels in Great Britain by 2030, analysis suggests

ai, AI (Artificial Intelligence), Air pollution, Artificial Intelligence, Automotive industry, Business, Electric, hybrid and low-emission cars, Environment, Ethical and green living, Greenhouse gas emissions, Pollution, Travel and transport, UK news

London predicted to be the first UK city to go diesel-free, largely because of the ultra-low emission zoneBattery electric cars are poised to overtake diesels on Great Britain’s roads by 2030, according to analysis that suggests London will be the first UK city to go diesel-free.The number of diesel cars on Great Britain’s roads in

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AI’s reckoning with reality represents a growing economic risk for 2026

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Computing, Economics, Global economy, Technology, World news

Revenues may be rising rapidly, but not by nearly enough to cover the wild levels of investment under wayThe US dictionary Merriam-Webster’s word of the year for 2025 was “slop”, which it defines as “digital content of low quality that is produced, usually in quantity, by means of artificial intelligence”. The choice underlined the fact

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From the AI bubble to Fed fears: the global economic outlook for 2026

ai, AI (Artificial Intelligence), Artificial Intelligence, banking, Bonds, Business, Commodities, Deutsche Bank, Donald Trump, Economic growth (GDP), Economics, European banks, Federal Reserve, financial sector, FTSE, Gilts, Global economy, Goldman Sachs, Oil, Stock markets, UBS, US economy, US news, World news

Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bankInvestors expect global stock markets to keep rising in 2026, despite fears that the AI bubble could burst, and anxiety about chaos engulfing the US central bank.Wall Street strategists broadly expect the S&P 500 share index of US-listed companies to

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Digital wallet fraud: how your bank card can be stolen without it leaving your wallet

ai, AI (Artificial Intelligence), Apple, Artificial Intelligence, banking, Banks and building societies, Business, Consumer affairs, Google, Money, Scams, Technology, UK news

Fraudsters use phishing to steal card details, which fund a spending spree using Apple Pay or Google PayYou get a call from your bank and the informed voice asks to you to confirm the personal details they have on file, which you do. You are then asked whether you bought something at an electrical retailer

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Uber rewrites contracts with drivers to avoid paying UK’s new ‘taxi tax’

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Politics, Public finance, Tax and spending, Technology, Uber, UK news

Hailing app will now act as agent rather than supplier outside London, avoiding VAT requirement, although change is not permitted in LondonUber has swerved paying millions of pounds to the UK exchequer under Rachel Reeves’s new “taxi tax” after the ride-hailing app rewrote contracts with its drivers.The move came as rules announced in November’s budget

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