Technology sector

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OpenAI says its models went rogue and hacked startup in ‘unprecedented incident’

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Firm behind ChatGPT reveals autonomous agent powered by its tech chose to attack Hugging Face database by itselfOpenAI has revealed an autonomous AI agent powered by its technology went rogue during a test, accessed the open web and hacked a prominent startup by itself in an “unprecedented incident”.The company behind ChatGPT said Hugging Face had […]

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Jeff Bezos and UK government invest in £2bn British startup CuspAI

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Company aims to develop AI software that cuts research times and use of rare metals in chipmakers’ supply chainsBusiness live – latest updatesAmazon’s founder, Jeff Bezos, and the UK government have invested in a £2bn British artificial intelligence startup that is aiming to become the “search engine for rare materials” that accelerates the next wave

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Andy Burnham’s plan to scrap technology department triggers backlash

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MPs and industry experts say potential reorganisation will waste time at critical moment for AI and economic growthAndy Burnham’s plan to scrap the government’s technology department has triggered an angry backlash from MPs, Whitehall officials and tech experts.The incoming prime minister has asked officials to draw up plans to abolish the Department for Science, Innovation

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IBM loses quarter of its value as tech giant’s shares plunge and profits falter

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IBM issued profit warning after weak second quarter, triggering selloff in software sector including MicrosoftShares in IBM plunged more than 25% on Tuesday after the US tech giant released disappointing preliminary second-quarter results. IBM’s stock was on track for an even steeper single-day decline than it suffered during ⁠the 1987 “Black Monday” crash.IBM had issued

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AI companies want to water down Australia’s copyright laws. Artists are outraged, Labor is split

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Anthony Albanese will deliver a landmark speech on AI this week as MPs are torn between attracting datacentre investment and protecting the rights of creativesGet our breaking news email, free app or daily news podcastWhen Anna Funder stood before a pack of journalists at Parliament House earlier this month, she presented herself not just as

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Safe from AI: which jobs will help you thrive in the future?

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Experts say there will still be opportunities ahead in everything from teaching to hotels and the lawEntering the world of work often brings some uncertainty, but now there is another question: how can I AI-proof my career?We asked people from across various industries what they think the impact of AI will be on careers, and

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Bank of England handed powers to regulate key tech firms including Amazon and Google

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Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economyThe Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers.From Monday, the Bank

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Boost City regulator’s powers to help protect UK consumers from AI, says watchdog

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FCA’s review into how tech will reshape financial services warns about amplified risks of cyber-crime and fraudBusiness live – latest updatesMinisters have been urged to toughen the City regulator’s powers to protect consumers against the potential risks of AI, according to a landmark review.The Financial Conduct Authority’s (FCA) Mills review, which looked at how AI

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‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentre

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Suspicions grow in Lanarkshire that local people have been misled on supposed benefits of the huge developmentRevealed: landmark Scottish AI project has no prospect of meeting renewables promiseWhat are Britain’s AI growth zones and are the plans feasible or ‘complete bunk’?The promise was that a Scottish community would be transformed by massive investment and empowered

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OpenAI’s apparent failure to visit key site raises questions over Stargate UK project

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Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalIt was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major step forward in the US-UK technology partnership”.But the plans were paused in

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