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

Aerospace industry, ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Europe, Manufacturing sector, Rolls-Royce, Technology, Technology sector, UK news, World news

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

Advertising, ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Europe, Job losses, Media, Technology, Technology sector, UK news, World news, WPP

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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New datacentres risk doubling UK electricity use, regulator says

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Computing, Energy, Energy industry, Ofgem, Technology, Technology sector

Ofgem says about 140 proposed projects, driven by AI use, could require more power than current peak demandThe amount of power being sought by new datacentre projects in the UK would exceed the country’s current peak electricity consumption, according to an industry watchdog.Ofgem said about 140 proposed datacentre schemes, driven by use of artificial intelligence,

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Amazon’s cloud ‘hit by two outages caused by AI tools last year’

ai, AI (Artificial Intelligence), Amazon, Artificial Intelligence, Business, Cloud Computing, Technology, Technology sector, UK news, US news, World news

Reported issues at Amazon Web Services raise questions about firm’s use of artificial intelligence as it cuts staffBusiness live – latest updatesAmazon’s huge cloud computing arm reportedly experienced at least two outages caused by its own artificial intelligence tools, raising questions about the company’s embrace of AI as it lays off human employees.A 13-hour interruption

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Accenture ‘links staff promotions to use of AI tools’

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Europe, Ireland, Technology, Technology sector, US news, World news

Consulting firm keen to increase uptake of technology and is reportedly monitoring adoption by workforceAccenture has reportedly started tracking staff use of its AI tools and will take this into consideration when deciding on top promotions, as the consulting company tries to increase uptake of the technology by its workforce.The company told senior managers and

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Claims that AI can help fix climate dismissed as greenwashing

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Climate crisis, Environment, Google, Microsoft, Technology, Technology sector

Industry using ‘diversionary’ tactics, says analyst, as energy-hungry complex functions such as video generation and deep research proliferateTech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.Most claims that AI can help avert climate breakdown refer to machine learning and not

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TikTok creator ByteDance vows to curb AI video tool after Disney threat

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, china, Film, Film industry, Technology, Technology sector, TikTok, UK news, US news, Walt Disney Company, World news

Videos created by new Seedance 2.0 generator go viral, including one of Tom Cruise and Brad Pitt fightingBusiness live – latest updatesByteDance, the Chinese technology company behind TikTok, has said it will restrain its AI video-making tool, after threats of legal action from Disney and a backlash from other media businesses, according to reports.The AI

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UK wealth manager and price comparison site shares fall amid AI fears

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, chatbots, ChatGPT, Europe, Insurance industry, Moneysupermarket.com, OpenAI, Stock markets, Technology, Technology sector, UK news, US news, World news

Drop comes as AI firm Altruist launches service that helps advisers create personalised tax strategiesBusiness live – latest updatesWealth managers and price comparison sites have become the latest companies to be hit by fears that their businesses will be disrupted by new artificial intelligence innovations.Shares in UK wealth management firms tumbled on Wednesday morning, after

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Will the Gulf’s push for its own AI succeed?

ai, AI (Artificial Intelligence), Alphabet, Amazon, Artificial Intelligence, Donald Trump, Google, Meta, Microsoft, Qatar, Saudi Arabia, Technology, Technology sector, United Arab Emirates, US news

Tech giants Alphabet, Amazon, Microsoft and Meta to collectively invest $600bn on artificial intelligence this yearHello, and welcome to TechScape. Today in tech, we’re discussing the Persian Gulf countries making a play for sovereignty over their own artificial intelligence in response to an unstable United States. That, and US tech giants’ plans to spend more

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EU threatens to act over Meta blocking rival AI chatbots from WhatsApp

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, chatbots, Europe, European Commission, European Union, Meta, Technology, Technology sector, World news

Firm accused of ‘abusing’ its dominant position for messaging in what appears to be breach of antitrust rulesThe EU has threatened to take action against the social media company Meta, arguing it has blocked rival chatbots from using its WhatsApp messaging platform.The European Commission said on Monday that WhatsApp Business – which is designed to

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