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US summoned bank bosses to discuss cyber risks posed by Anthropic’s latest AI model

ai, AI (Artificial Intelligence), Artificial Intelligence, banking, Business, Federal Reserve, Jerome Powell, Technology, Technology sector, US news, World news

Reports say Fed chair Jerome Powell among attenders at meeting in Washington The US Treasury secretary, Scott Bessent, summoned major American bank chiefs to a meeting in Washington this week amid concerns over the cyber risks posed by Anthropic’s latest AI model, according to reports.Bosses including the Federal Reserve chair, Jerome Powell, were said to […]

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Higher energy costs from Iran war could threaten fragile economics of AI boom | Heather Stewart

ai, AI (Artificial Intelligence), Artificial Intelligence, Bank of England, Business, Donald Trump, Economics, Energy industry, Strait of Hormuz, Technology, Technology sector, US news, US-Israel war on Iran, World news, World Trade Organization

Industry with business model not yet firmly established and investments financed by huge debts is particularly at riskDonald Trump’s most immediate concern in demanding Iran reopen the strait of Hormuz may be rocketing US gasoline prices, but if the conflict drags on, higher energy costs will be felt far beyond the pumps.Systemically higher power prices

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OpenAI buys tech talkshow TBPN in push to shape AI narrative

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Computing, OpenAI, Talk shows, Technology, Technology sector, Television & radio

OpenAI’s chief of strategy says acquisition of show will help company engage with public about AI as it evolvesOpenAI is wading into the media business by acquiring TBPN, a technology-focused talkshow closely watched by Silicon Valley insiders, its hosts said on Wednesday.Co-hosts John Coogan and Jordi Hays broadcast TBPN live for three hours every weekday

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Goodbye mrbrightside416: Google allows users to alter quirky Gmail addresses

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Those in US given chance to have more professional usernames without losing access to accountDid your McLovin!1976!@gmail.com email address seem funny at the time but less so now you are applying for dozens of jobs?Google has said it is giving US users a chance to appear more professional by letting them change their Google account

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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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Brussels opens investigation into Snapchat amid concern over children’s safety

ai, AI (Artificial Intelligence), Artificial Intelligence, Europe, European Commission, European Union, Snapchat, Technology, Technology sector, World news

European Commission says social messaging app is exposing children to grooming and sexual exploitationBrussels has opened an investigation into Snapchat over concerns that the social messaging app is exposing children to grooming, sexual exploitation and other criminality.In a separate decision on Thursday, the European Commission also said four pornographic websites were failing to prevent minors

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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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Leonid Radvinsky, owner of OnlyFans, dies aged 43

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Ukrainian-American billionaire who owned subscription service for adult content died of cancer, the company saysLeonid Radvinsky, the owner of OnlyFans, has died of cancer at the age of 43, the company announced on Monday.“We are deeply saddened ​to announce the death of Leo ​Radvinsky. Leo passed away peacefully after a ⁠long battle with cancer,” said

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World’s broadcasters urge EU to tighten rules for big tech in smart TV battle

ai, AI (Artificial Intelligence), Amazon, Apple, Artificial Intelligence, Business, European Union, Google, Media, Samsung, Technology, Technology sector, Television, Television industry, UK news, US news, World news

Google, Amazon, Apple and Samsung control operating systems, allowing them to act as gatekeepers, letter claimsBusiness live – latest updatesThe world’s largest broadcasters have pushed for the EU to enforce its toughest regulations against virtual TVs and smart assistants built by Google, Amazon, Apple and Samsung.The call came in a letter from the Association of

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Missing money, shipped chips and a 350,000% profit: key takeaways on AI ‘phantom investments’

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Computing, Investments, Politics, Technology, Technology policy, Technology sector, UK news

A Guardian investigation has put the UK government’s AI plans under the microscope. Here are the key details Revealed: UK’s multibillion AI drive is built on ‘phantom investments’The Essex ‘supercomputer’ that’s still a scaffolding yardA Guardian investigation has examined a series of massive AI investments announced by the government over the past two years, comparing

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