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Nvidia’s board needs to do some succession planning – sharpish | Nils Pratley

The chipmaker faces business risks and political scrutiny due to its over-reliance on founder and CEO Jensen HuangWhy is Nvidia’s Jensen Huang at the centre of a US-China row?Too big – and too well-connected – to sack? One doesn’t have to be overly cynical to think Jensen Huang, the Nvidia boss, starts with one huge

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1-0 to humankind? US midterms vote puts AI, datacentres and the broligarchy back in their box | Heather Stewart

Election results appear to have turbo-charged an already growing social, political and financial market rethink about AI‘AI clog’: UK battles onslaught of chatbot-generated complaintsEditorial: the AI backlash – Silicon Valley’s political power is crackingLast week’s midterms may not have cowed Donald Trump, but they should be a wake-up call for the grinning tech broligarchs who

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A ‘customer success story’: leaked documents show Cisco doubled down on Israeli military deals during Gaza war

Tech giant leaped to shore up relationship even as company was roiled by worker protest over its role in the warA year into the war in Gaza, the networks of Israel’s military intelligence community were plagued with technical problems. There were major, multi-hour outages to their systems, and repeated crashes. Built-in debugging mechanisms failed.The problems,

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EU charges TikTok with failing to protect users’ mental health

Regulator’s initial ruling says algorithm ‘can be harmful’ and led young and vulnerable viewers ‘down rabbit holes they can’t easily escape’Business live – latest updatesTikTok has been charged by the European Commission with failing to protect users’ mental health by exposing them to a relentless stream of content that risks worsening eating disorders and anxiety

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Tesla to wind down Cybertruck production as Elon Musk focuses on robotics and AI

Decision made in order for factory in Texas to be used for Cybercab, the carmaker’s self-driving taxiElon Musk has announced that Tesla will wind down production of its Cybertruck, marking the end of a failed effort to take a chunk of the lucrative market for pickups in the US.The billionaire chief executive said production of

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Global stocks plunge amid AI slowdown fears after Democrats’ midterm triumph

Sell-off on Wall Street followed by sharp fall in Asian and European markets, with FTSE down 1.5%Business live – latest updatesEuropean stock markets have fallen sharply as a rout in US tech stocks spread across the Atlantic, after the Democrats’ midterms victory sparked fears of a slowdown in the AI industry.A sell-off on Wall Street

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Four takeaways from Anthropic’s potentially record-breaking stock market filing

The AI company’s first public financial disclosures reveal explosive growth, huge costs and risks ranging from cyber-attacks to the limits of safeguardsAnthropic has filed to go public on the US stock market, revealing for the first time the AI research lab’s financials and all the risks – more than 90 pages of them – that

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Microsoft to reportedly offer buyouts to 60,000 employees in latest cuts

Tech company offers buyouts in an effort to reduce costs amid the rising use of AI, according to reportsMicrosoft announced that it would offer buyouts to 60,000 employees in an effort to reduce costs amid the rising use of artificial intelligence, according to reports, the latest example of how AI is reshaping tech companies and

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Meta plans $95bn stock offering to help cover AI expansion

Tech company announces two-part fundraising after Elon Musk warns hundreds of AI startups face collapseBusiness live – latest updatesMark Zuckerberg’s Meta has announced plans for a $95bn (£71bn) fundraising to cover its AI expenditure, even as Elon Musk warned that funding for smaller players in the sector was drying up.The owner of Facebook, Instagram and

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Anthropic’s Claude AI model accessed Georgia voter data in US

Latest example of unauthorised behaviour shows AI model bypassed paywall to access data as part of statistics project Business live – latest updatesAnthropic sued for allegedly using 274 Elvis songs to train AI modelsAnthropic’s Claude model accessed voter data in the US state of Georgia, the AI company has confirmed, in the latest example of

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