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London rollout of robotaxis delayed amid lack of guidance for firms to follow

ai, AI (Artificial Intelligence), Artificial Intelligence, Automotive industry, Business, London, Self-driving cars, Technology, Technology sector, TfL, Uber, UK news

Uber and Wayve had said they would start trips ‘later this summer’ but launch now looks unlikely this yearThe rollout of robotaxis on the streets of London is unlikely to happen this year, as regulatory and technical hurdles push back the ambitious schedule set out by the UK government.Only weeks ago Uber and London-based Wayve […]

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Would you pay for an algorithm to pick your friends? New social apps spread across cities

ai, AI (Artificial Intelligence), Artificial Intelligence, Consumer affairs, Friendship, Life and style, Money, Social media, Technology, Technology sector, UK news

With many adults admitting they feel lonely, meetup platforms offer the chance to make new connectionsWould you pay £20 a month for the chance of making a friend, on the understanding that an algorithm – not you – gets to decide who you’ll meet?Driven by the decline of “third spaces” such as youth centres and

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Shares in humanoid robot firm Unitree surge 600% on Chinese stock market debut

ai, AI (Artificial Intelligence), Artificial Intelligence, Asia Pacific, Business, china, ipos, Robots, Stock Market, Stock markets, Technology, Technology sector

Company’s robots have gained global fame via videos of them performing martial arts and as dancers for pop starsUnitree, the world’s biggest humanoid robot maker, has made a spectacular entry on to China’s stock market, with its shares surging by more than 600%.The Chinese company’s robots have gained global fame via viral videos of them

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AI push is putting banks at mercy of tech firms, warns Moody’s

ai, AI (Artificial Intelligence), Artificial Intelligence, banking, Business, Technology, Technology sector, UK news, US news, World news

Finance sector will gain from the tech but it will need substantial investment and create risks, says rating agencyThe rating agency Moody’s has said the race to adopt AI is putting big banks at the mercy of a small group of Silicon Valley firms, leaving them vulnerable to widespread outages and price gouging by profit-hungry

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Trump orders new 15% tariff on key material for solar panels and microchips

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Economics, Energy, Environment, Global economy, International trade, Renewable energy, Solar power, Tariffs, Technology sector, Trump administration, Trump tariffs, US news, US politics, World news

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producerDonald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China.The new tariff, which will take effect on 4 December,

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AI models have been going rogue in tests – how worried should we be?

ai, AI (Artificial Intelligence), anthropic, Artificial Intelligence, Business, Hacking, Internet, OpenAI, Technology, Technology sector

The UK’s AI Security Institute test revealed AI models indulging in unprecedented hacking attemptsAI models shock UK testers by using fake identities to trick developersTwo cutting-edge AI models have targeted real people and organisations in the latest safety scare to hit the technology. The UK’s AI Security Institute (AISI) said the incident was unprecedented but

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‘Leicester Square, please guv’: Self-driving taxis cleared for London streets ‘later this summer’

ai, AI (Artificial Intelligence), Artificial Intelligence, Automotive industry, Business, London, Politics, Road safety, Road transport, Self-driving cars, Technology, Technology sector, TfL, transport, Transport policy, Uber, UK news

Wayve Uber wins first minicab licence for autonomous cabs from TfL but vehicles will have a safety driver (at first)The taxi app company Uber and the autonomous technology developer Wayve have been granted the first minicab licences in London allowing them to offer self-driving taxi rides to paying customers – but with a human safety

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Metro Bank customer fights for £14,000 refund after AI-linked fraud

ai, AI (Artificial Intelligence), anthropic, Artificial Intelligence, banking, Banks and building societies, Business, chatbots, Consumer affairs, Financial Conduct Authority, Metro Bank, Money, Scams, Technology, Technology sector, UK news

Lender was told money was being taken without authorisation, with cash used to buy credits for Claude chatbotA Metro Bank customer has told of his fight to get more than £14,000 back after its systems failed to stop a fraud involving the AI chatbot Claude.Zoli Rutter, a businessman from Sussex, had a total of £14,244 taken

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Rogue OpenAI agent that hacked startup tried to attack other firms

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, ChatGPT, OpenAI, Technology, Technology sector, US news, World news

ChatGPT developer says activity by autonomous tool was not at severity or scale of what occurred at Hugging FaceOpenAI has revealed that a cyber-attack carried out by a rogue AI agent had more than one victim.The ChatGPT developer said the agent – an autonomous tool that can carry out sequences of commands without human help

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Shares in Asian chip firms plunge further as AI sell-off continues

ai, AI (Artificial Intelligence), Artificial Intelligence, Asia Pacific, Business, Commodities, Manufacturing sector, Nikkei, Oil, Stock markets, Technology, Technology sector, World news

Drop comes after South Korean company SK Hynix’s results undershot investors’ expectationsBusiness live – latest updatesShares in companies linked to AI have plunged further after disappointing results from the South Korean chipmaker SK Hynix, sending the country’s stock market tumbling for the second day in a row.Seoul’s Kospi index, which is dominated by semiconductor manufacturers,

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