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Palantir AI to support UK finance operations

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UK authorities believe improving efficiency across national finance operations requires applying AI platforms from vendors like Palantir. The country’s financial regulator, the FCA, has initiated a project leveraging AI to identify illicit activities. The FCA is currently testing the Foundry platform from Miami-based software vendor Palantir. This three-month pilot costs upwards of £30,000 per week […]

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‘It does feel like an intimidation campaign’: why is US tech giant Palantir suing a small Swiss magazine?

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An investigation by journalists working with Republik magazine may have struck a nerve by suggesting the company has failed in SwitzerlandIt was over beers on an autumn evening in Zurich in 2024 that a group of journalists with an independent Swiss research collective began to discuss investigating Palantir, one of the world’s biggest tech companies.Three

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‘Another internet is possible’: Norway rails against ‘enshittification’

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Absurdist video urges policymakers and users to resist deliberate deterioration of platforms and devicesThe video’s opening shot shows a man hiding under a bed snipping in a hole in someone’s sock. Seconds later, the same man uses a saw to shorten a table leg so that it wobbles during breakfast. “My job is to make

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X suspends 800m accounts in one year amid ‘massive’ scale of manipulation attempts

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Social media company tells MPs of continual fight against state-backed efforts, with Russia being most prolificElon Musk’s X said it had suspended 800m accounts over a 12-month period as it fights the “massive” scale of attempts to manipulate the platform.The social media company told MPs it was continually fighting state-backed attempts to hijack the agenda

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UK sovereign AI fund to build up domestic computing infrastructure

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The UK sovereign AI fund intends to secure advantages by providing a domestic alternative to external computing infrastructure. Backed by a £500 million budget from the Department for Science, Innovation and Technology, the unit formally launches on April 16th at 6pm GMT. James Wise, Partner at Balderton Capital, chairs the function to coordinate efforts across

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Union tries to seize control of works council at Tesla’s German factory

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Lawsuits and slander claims fly in IG Metall’s battle with Elon Musk over employment rights and conditionsBusiness live – latest updatesEurope’s largest trade union is trying to gain control of the works council at Elon Musk’s Tesla gigafactory near Berlin, in an industrial relations showdown marked by lawsuits and mutual accusations of slander.The works council,

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Europe’s next-generation fighter jet project may collapse if row continues, says warplane maker

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Dassault Aviation says €100bn project may soon be ‘dead’ if Airbus will not agree on how to share workloadFrance and Germany’s next-generation fighter jet project could soon be “dead”, one of the two companies tasked with delivering it has warned, amid a worsening corporate rift over who gets to build the aircraft.Dassault Aviation, France’s leading

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Investment in AI-resistant ‘Halo’ companies helps push UK and EU markets to record highs

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Investors are shifting toward physical assets that are partially insulated from disruption, says Goldman SachsInvestors have a new mantra as they prepare for AI to shake up the global economy – the Halo trade.Interest in Halo – short for “heavy assets, low obsolescence” – has risen as investors seek out companies with tangible, productive assets,

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Rolls-Royce profits soar 40% amid booming demand for AI datacentre power

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Engine maker promises to give up to £9bn to shareholders over next three years as turnaround gathers paceRolls-Royce’s profits soared by 40% last year as the engineering company’s turnaround gathered pace, helped by booming demand for power from datacentres.The company reported underlying profits of £3.5bn for 2025, up from £2.5bn the year before, as it

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WPP to merge ad agencies and cut jobs in radical shake-up to counter AI threat

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Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028The beleaguered advertising group WPP has announced a radical restructure to counter the threat posed by the AI revolution, including merging its ad agencies and cutting jobs.Aiming to be “a simpler, lower-cost, AI-enabled business”, the London-based company laid out plans

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