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Welcome boost for chancellor with unexpected rise put down to rapid growth of AI in services sector outweighing Iran war fallout The UK economy grew in July as the rapid growth of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for the John Healey before next month’s budget.Figures […]
UK economy defies forecasts with surprise 0.4% growth in July Read More »
Free AI models that are as good as the investment-hungry US versions will disrupt global markets, and offer Britain a lessonAlmost from the moment it began, the end of the Chinese economic miracle has been much anticipated. Thick and fast, the books have come explaining how it will end badly. Overinvestment. A country wallowing in
In a disrupted job market people are turning to heritage crafts such as bookbinding, metalwork and boatbuildingIt’s a bleak moment for young people entering the workforce for the first time. For decades, a university degree seemed to promise a stable career – but entry-level white-collar jobs across almost all sectors are being disrupted by AI.
AI-proof? Younger workers desert the digital world for traditional crafts Read More »
Big companies describe being under constant threat but only half have a plan in place to respond to an attackNearly a third of British manufacturers have been hit by a cyber-attack on them or a company in their supply chain, according to a survey that highlighted the growing hacking risk to companies.The findings come almost
UK manufacturers face rising hacking risk as survey shows 30% were hit last year Read More »
Drop comes after South Korean company SK Hynix’s results undershot investors’ expectationsBusiness live – latest updatesShares in companies linked to AI have plunged further after disappointing results from the South Korean chipmaker SK Hynix, sending the country’s stock market tumbling for the second day in a row.Seoul’s Kospi index, which is dominated by semiconductor manufacturers,
Shares in Asian chip firms plunge further as AI sell-off continues Read More »
Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higherShares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis.Investors have driven up the value of semiconductor and memory chip manufacturers, whose
Shares in chipmakers underpinning AI boom rocket in first half of 2026 Read More »
RJ Scaringe says firms focused on selling fossil fuel engines risk being ‘woefully behind’ on technology by end of decadeCarmakers that focus on selling fossil fuel engines are at risk of being “woefully behind” on technology by the end of the decade, according to the boss of Rivian, an Amazon-backed US electric carmaker.RJ Scaringe, Rivian’s
‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs Read More »
Smaller, cheaper cars built for narrow city streets are becoming more stylish – but require careful design decisionsThe winding backstreets of London, Paris and Rome are a large part of their charm. But they are also a problem for electric carmakers. For a long time, squeezing big batteries into smaller, cheaper cars to fit European
How Europe’s EV makers shrank their product to challenge the bloated SUVs Read More »
How close are we to the sci-fi vision of autonomous humanoid robots? I visited 11 companies in five Chinese cities to find outBy Chang Che. Read by Vincent Lai Continue reading…
As domestic sales slow manufacturers are investing in AI and seeking growth in technology and in overseas marketsAt the world’s biggest car fair, which opened in Beijing on Friday, there were hundreds of manufacturers, more than 1,000 vehicles, hundreds of thousands of enthusiasts – and hardly anyone behind a wheel.China’s car companies have cornered the
‘Look, no hands’: China chases the driverless dream at Beijing car show Read More »
