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CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report saysBusiness live – latest updatesOpenAI is reportedly in early stage talks to give a 5% stake in the ChatGPT developer to the US government as artificial intelligence companies attempt to smooth relations with Donald Trump’s administration.The […]
OpenAI ‘in early talks to give 5% stake to US government’ Read More »
CMA says developers should be able to steer users away from app stores for payments to increase competitionBusiness live – latest updatesThe UK’s competition watchdog is challenging Apple and Google’s “effective duopoly” over mobile platforms by allowing developers to steer users away from their app stores to make purchases.The Competition and Markets Authority argues that
UK watchdog plans to break Apple and Google’s ‘effective duopoly’ on mobile app stores Read More »
Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higherShares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis.Investors have driven up the value of semiconductor and memory chip manufacturers, whose
Shares in chipmakers underpinning AI boom rocket in first half of 2026 Read More »
As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoningOpenAI staggers AI model release after White House requestEvery couple of decades, investors will ask themselves how long can the stock market keep climbing. Is it safe to buy more shares? Is their
The AI bubble has further to run despite the looming crash Read More »
Sam Altman announces limited preview of GPT 5.6 in move that echoes launch of Anthropic’s MythosBusiness live – latest updatesOpenAI is staggering the release of its latest AI model after a request from the US government, in a move echoing the launch of Anthropic’s Mythos product.Sam Altman, the chief executive of the company behind ChatGPT,
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RJ Scaringe says firms focused on selling fossil fuel engines risk being ‘woefully behind’ on technology by end of decadeCarmakers that focus on selling fossil fuel engines are at risk of being “woefully behind” on technology by the end of the decade, according to the boss of Rivian, an Amazon-backed US electric carmaker.RJ Scaringe, Rivian’s
‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs Read More »
Workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen contentMark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash.The owner of Facebook, Instagram and WhatsApp had introduced a tool that tracked staff keystrokes, mouse clicks and content displayed on computer
Meta pauses employee tracker for AI training amid privacy concerns Read More »
They’re a key part of the digital and AI economy, but they come at a high environmental cost and offer few operational jobsGet our breaking news email, free app or daily news podcastOn Mamre Road, in Sydney’s outer western suburbs, there are plans to build a “hyperscale” datacentre that will be one of the biggest
Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to jobs cuts in futureLloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, unveils a strategic plan for the 261-year old lender.The bank said it intended the recruits to work
Lloyds Banking Group to hire 300 tech experts to work on AI Read More »
As such technology advances quickly, firms should not lose sight of what qualities humans bring to jobsA robot magician called D4YRL was rejected as a member of the Magic Circle last week, for being insufficiently human.While D4YRL’s tricks were exemplary, the august organisation decided “he” did not engage the audience’s emotions as a flesh-and-blood performer
