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

ai, AI (Artificial Intelligence), anthropic, Artificial Intelligence, Business, Computing, Consumer affairs, Cybercrime, Financial Conduct Authority, financial sector, Money, Regulators, Technology sector, UK news

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

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Communities, Computing, Energy, Environment, Planning policy, Politics, Renewable energy, Scotland, Society, Technology, Technology sector, UK news

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

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, ChatGPT, Computing, Industrial policy, Labour, Local government, North of England, OpenAI, Politics, Society, Technology, Technology sector, Tyne and Wear, UK news

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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OpenAI ‘in early talks to give 5% stake to US government’

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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

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UK watchdog plans to break Apple and Google’s ‘effective duopoly’ on mobile app stores

ai, AI (Artificial Intelligence), Alphabet, Apple, Apps, Artificial Intelligence, Business, Competition and Markets Authority, Google, Mobile phones, Money, Regulators, Technology, Technology sector, UK news

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

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Shares in chipmakers underpinning AI boom rocket in first half of 2026

ai, AI (Artificial Intelligence), Artificial Intelligence, Asia Pacific, Business, Computing, Manufacturing sector, Stock markets, Technology, Technology sector, US news, World news

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

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The AI bubble has further to run despite the looming crash

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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

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OpenAI staggers AI model release after Trump administration request

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

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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‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs

ai, AI (Artificial Intelligence), Amazon, Artificial Intelligence, Automotive industry, Business, Electric, hybrid and low-emission cars, Europe, Manufacturing sector, Technology, Technology sector, US news, World news

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

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Meta pauses employee tracker for AI training amid privacy concerns

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Facebook, Mark Zuckerberg, Meta, Privacy, Technology, Technology sector, US news, World news

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

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