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Rolls-Royce secures nearly £600m in UK government cash to develop small reactors

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Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular […]

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Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation

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Elon Musk’s aerospace to AI company will host summer event to try to convince buyers it is worth $2tnBusiness live – latest updatesSpaceX will kick off the marketing for its highly anticipated stock exchange debut by hosting an event in June for 1,500 retail investors, as executives set out to convince buyers that the aerospace-to-artificial-intelligence

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AI boom risks widening wealth divide, says BlackRock’s Larry Fink

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CEO of asset manager says only a few firms and investors may reap rewards from growth in the technologyThe boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has warned.The boss of the $14tn (£10.4tn) asset manager

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AI is indeed coming – but there is also evidence to allay investor fears

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Opinions are divided about the potential impact of artificial intelligence as the response to a recent viral essay showsUK ad agencies undergo their biggest exodus of staff as AI threatens industryThe message from investors to the software, wealth management, legal services and logistics industries this month has been clear: AI is coming for your business.The

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Relx should deal with the ‘Claude Crash’ by buying back shares – and then buy more | nils pratley

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The firm remains confident even as the market flips from seeing it as an AI winner to fearing its profit market will implode As the FTSE 100 index bobs along close to all-time highs, it is easy to miss the quiet share price crash in one corner of the market. It’s got a name –

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AI bubble: five things you need to know to shield your finances from a crash

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Some experts have voiced fears a tech meltdown could hit our savings and pensions – here’s how to protect yourselfThe new year has started as 2025 ended – with share prices booming amid warnings from some that the growth is being driven by overvalued technology stocks. Fears of an “AI bubble” have been voiced by

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