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We must take control of AI now, before it’s too late | Letters

Anja Cradden proposes ways of managing tech companies before we reach crisis point. Plus letters from Mike Scott and Gerry Rees “When the AI bubble bursts, humans will finally have their chance to take back control”, says the headline on Rafael Behr’s article (23 December). I think it’s more likely that when the AI bubble […]

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Amazon in talks to invest $10bn in developer of ChatGPT

OpenAI seeking to strike latest deal in its efforts to pay for huge spending on datacentresBusiness live – latest updatesAmazon is in talks to invest more than $10bn (£7.5bn) in OpenAI, in the latest funding deal being struck by the startup behind ChatGPT.If it goes ahead, the market valuation of OpenAI could rise above $500bn,

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George Osborne joins OpenAI: ex-chancellor adds tech post to his CV

Former Tory chancellor tasked with helping ChatGPT owner develop ties with governmentsThe former UK chancellor George Osborne is joining OpenAI to lead the ChatGPT developer’s relationships with governments around the world.He will head a division known internally as OpenAI for Countries, through which the San Francisco artificial intelligence startup works with governments on national-level AI

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Moonpig’s use of AI to design and personalise cards drives up sales

About half of purchases involve shoppers using online retailer’s artificial intelligence-led featuresThe online card service Moonpig has reported a bump in sales thanks in part to its increased use of AI to help design cards, personalise customers’ messages and answer queries.The company said sales rose 6.7% to £169m in the six months to 31 October

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EU opens investigation into Google’s use of online content for AI models

European Commission to assess whether Gemini owner is putting rival companies at a disadvantageBusiness live – latest updatesThe EU has opened an investigation to assess whether Google is breaching European competition rules in its use of online content from web publishers and YouTube for artificial intelligence.The European Commission said on Tuesday it will examine whether

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Trump clears way for Nvidia to sell powerful AI chips to China

Commerce department finalizing deal to allow H200 chips to be sold to China as strict Biden-era restrictions relaxedDonald Trump has cleared the way for Nvidia to begin selling its powerful AI computer chips to China, marking a win for the chip maker and its CEO Jensen Huang, who has spent months lobbying the White House

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Accenture dubs 800,000 staff ‘reinventors’ amid shift to AI

Consultancy’s move to embrace artificial intelligence follows Disney’s use of the term ‘imagineers’ Business live –latest updatesAccenture has reportedly begun calling its near 800,000 employees “reinventors”, as the consultancy tries to position itself as a leader in artificial intelligence.The consultancy’s chief executive, Julie Sweet, has already started referring to staff by the new label and

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