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Starmer adviser held 16 undisclosed meetings with top US tech bosses

ai, AI (Artificial Intelligence), Alphabet, Amazon, Apple, Artificial Intelligence, Business, E-commerce, Google, Internet, Keir Starmer, Labour, Meta, Microsoft, Oracle, Politics, Rachel Reeves, Technology, Technology policy, Technology sector, UK news

Exclusive: Varun Chandra’s talks with Google, Meta, Apple and others raise fears of ‘lobbying behind closed doors’An influential government adviser close to Keir Starmer and Rachel Reeves held 16 undisclosed meetings with top US tech executives, the Guardian can reveal.The No 10 business aide Varun Chandra discussed regulatory changes, AI and Donald Trump’s second administration […]

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Satellite and drone images reveal big delays in US data center construction

ai, AI (Artificial Intelligence), ai data centers, Artificial Intelligence, data centers, Microsoft, OpenAI, Oracle

Silicon Valley has been pouring hundreds of billions of dollars into building ever-larger AI data centers that require as much electricity as hundreds of thousands of US homes—but that massive buildout faces significant construction and power challenges along with growing local resistance. Now satellite imagery is showing that nearly 40 percent of US data center

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US tech firm Oracle cuts thousands of jobs as it steps up AI spending

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Company seeks to reassure investors that bet on artificial intelligence infrastructure will pay offOracle is cutting thousands of jobs as the US technology company seeks to reassure investors that its bet on AI infrastructure will pay off.The $420bn firm, headquartered in Austin, Texas, started letting employees go on Tuesday, with thousands of Oracle’s 160,000-strong workforce

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How e& is using HR to bring AI into enterprise operations

ai, AI (Artificial Intelligence), AI Business Strategy, AI in Action, Artificial Intelligence, cloud, Features, hr, Oracle, telecom, Workforce & HR AI, World of Work

For many enterprises, the first real test of AI is not customer-facing products or flashy automation demos. It is the quiet machinery that runs the organisation itself. Human resources, with its mix of routine workflows, compliance needs, and large volumes of structured data, is emerging as one of the earliest areas where companies are pushing

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What does the disappearance of a $100bn deal mean for the AI economy?

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Computing, nvidia, OpenAI, Oracle, Technology, World news

Apparent collapse of Nvidia–OpenAI tie-up raises questions about circular funding and who will bear the cost of AI’s expansionDid the circular AI economy just wobble? Last week it was reported that a much-discussed $100bn deal – announced last September – between Nvidia and OpenAI might not be happening at all.This was a circular arrangement through

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TikTok announces it has finalized deal to establish US entity, sidestepping ban

ai, AI (Artificial Intelligence), Artificial Intelligence, Oracle, Private equity, Software, Technology, TikTok, US news, World news

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGXTikTok announced on Thursday that it had closed a deal to establish a new US entity, allowing it to sidestep a ban and ending a long legal battle.The deal finalized by ByteDance, TikTok’s Chinese owner, sets up a majority American-owned venture,

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Oracle and Silver Lake Take Control of TikTok’s US Business

AI News, Artificial Intelligence, Oracle, TikTok

ByteDance has signed a binding agreement to transfer control of TikTok’s US operations to a consortium of predominantly American investors led by Oracle and private equity firm Silver Lake, Axios reported, citing an internal company memo. This brings an end to years of regulatory uncertainty around the short-video app. The deal also includes Abu Dhabi-based

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Amazon in talks to invest $10bn in developer of ChatGPT

Amazon, Artificial Intelligence, Artificial intelligence (AI), Business, ChatGPT, Cloud Computing, Computing, E-commerce, nvidia, OpenAI, Oracle, Sam Altman, Software, Technology, Technology sector

OpenAI seeking to strike latest deal in its efforts to pay for huge spending on datacentresBusiness live – latest updatesAmazon is in talks to invest more than $10bn (£7.5bn) in OpenAI, in the latest funding deal being struck by the startup behind ChatGPT.If it goes ahead, the market valuation of OpenAI could rise above $500bn,

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