Auto Added by WPeMatico
SpaceX’s acquisition of xAI creates business worth $1.25tn but whether premise behind deal will work is questionedThe acquisition of xAI by SpaceX is a typical Elon Musk deal: big numbers backed by big ambition.As well as extending “the light of consciousness to the stars”, as Musk described it, the transaction creates a business worth $1.25tn […]
Why has Elon Musk merged his rocket company with his AI startup? Read More »
South Crofty site could get $225m funding as US seeks to secure supply of critical metalDonald Trump has aggressively pursued investment into hi-tech industries recent months, but the US administration has now set its sights on a more traditional sector: tin mining in Cornwall.The South Crofty mine, near the village of Pool, could start up
Cornish tin mine could reopen with Trump administration investment Read More »
‘Mid-career’ females also being sidelined by rigid hiring processes, says City of London CorporationWomen working in tech and financial services are at greater risk of losing their jobs to increased use of AI and automation than their male peers, according to a report that found experienced females were also being sidelined as a result of
Women in tech and finance at higher risk from AI job losses, report says Read More »
CEO Alex Karp hails ‘iconic’ financial results despite criticism over contracts with ICE and homeland securityPalantir celebrated its latest financial results on Monday, as the tech company blew past Wall Street expectations and continues to prop up the Trump administration’s push to deport immigrants.Palantir has secured millions of dollars in federal contracts amid Trump’s crackdown
Palantir beats Wall Street expectations amid Trump immigration crackdown Read More »
Aerospace business and artificial intelligence firm to unite for IPO as world’s most valuable private companyBusiness live – latest updatesElon Musk’s aerospace company SpaceX has acquired his artificial intelligence business xAI, in a $1.25tn (£910bn) merger that consolidates part of Musk’s empire as SpaceX prepares to go public later this year.The two companies announced the
Elon Musk merges SpaceX with xAI at $1.25tn valuation Read More »
Annual review highlights growing capabilities of AI models, while examining issues from cyber-attacks to job disruptionThe International AI Safety report is an annual survey of technological progress and the risks it is creating across multiple areas, from deepfakes to the jobs market.Commissioned at the 2023 global AI safety summit, it is chaired by the Canadian
Minister announces Microsoft, Cisco and Adobe to help apply AI to local schools, hospitals, GPs and businessesIn 2002 Barnsley toyed with a redesign as a Tuscan hill village as it sought out a brighter post-industrial future. In 2021 it adopted the airily vague slogan “the place of possibilities”. Now it is trying a different image:
Barnsley rebranded UK’s first ‘tech town’ as US giants join AI push Read More »
Rocket company examining feasibility of both options before potential $1.5tn stock market flotation, report saysBusiness live – latest updatesSpaceX is reportedly considering a potential merger with the electric carmaker Tesla, or a tie-up with artificial intelligence firm xAI, as Elon Musk looks at options to consolidate his global empire.The rocket company is examining the feasibility
SpaceX reportedly mulling Tesla merger or tie-up with Elon Musk’s xAI firm Read More »
Dario Amodei questions if human systems are ready to handle the ‘almost unimaginable power’ that is ‘potentially imminent’Business live – latest updatesQuarter of Britons fear losing jobs to AI in next five yearsHumanity is entering a phase of artificial intelligence development that will “test who we are as a species”, the boss of leading AI
‘Wake up to the risks of AI, they are almost here,’ Anthropic boss warns Read More »
Synthesia makes digital presenters for clients to use in corporate videos and counts 70% of FTSE 100 as customersA British AI startup that makes realistic video avatars has almost doubled its valuation to $4bn (£3bn), in a boost for the UK technology sector.Synthesia was valued at $2.1bn last year and moved into new offices in
UK maker of AI avatars nearly doubles valuation to $4bn after funding round Read More »
