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Thirsty and power hungry: Australia is in the middle of a datacentre boom – but not everyone is convinced

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 […]

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Lloyds Banking Group to hire 300 tech experts to work on AI

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

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Elon Musk and co may relish march of the robots but there must be AI boundaries in the workplace | Heather Stewart

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

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UK sets out AI infrastructure push at London Tech Week – how does it stack up?

Government announces plans to invest billions, but questions linger over how its proposals on chips, social media and more will workOwnership of the commanding heights of the AI economy is a political talking point around the world, as countries seek to assert some control of a technology dominated by the US and China.London Tech Week,

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Anthropic releases ‘safe’ version of Claude Mythos AI model to public

AI company restricted access to Fable 5, its most powerful Mythos model, for months over cybersecurity concernsAnthropic, the maker of the Claude artificial intelligence (AI) models, made a new version of its technology available to the general public on Tuesday while restricting its use in sensitive areas.Dubbed Fable 5, the model is the first to

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All signs point to Trump pushing AI growth

Also: Anthropic advocates for a ‘pause’ on AI advancement – days after filing to go public on the US stock marketHello, and welcome to TechScape. I’m your host, Blake Montgomery, the US tech editor at the Guardian. Today we’re discussing Donald Trump’s neediness for AI and the contradictions of Anthropic’s safety-first posture.OpenAI confidentially files for

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Stock markets fall as concerns persist over tech firms at heart of AI boom

Falls follow sharp sell-off of US tech stock last week while oil prices jump after Iran and Israel exchange strikesBusiness live – latest updatesGlobal stock markets have fallen amid concern about the prospects for tech stocks while oil prices have risen as attacks in the Middle East stoked fears that a fragile truce in the

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Billions spent and hypothetical returns: the AI boom explained with six charts

Expenditure is growing fast and consumer take-up accelerating. But alarm bells are sounding The race is very much on. Elon Musk’s SpaceX, which makes AI models as well as space rockets, announced last week it is seeking a $1.77tn (£1.31tn) valuation on the US stock market while Anthropic, the startup behind the Claude chatbot, said

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Labour will make AI ‘work for the workers’, says Liz Kendall

Technology secretary promises to support people whose jobs are swept away by automationLiz Kendall has insisted Labour will make artificial intelligence “work for workers”, and not abandon people whose jobs are swept away by its rapid advance.With public fears mounting about the impact of AI on employment, particularly for young people, the technology secretary claimed

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SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

IPO could raise up to $75bn, giving SpaceX market value of $1.77tn as it sets up Musk for extraordinary wealthSpace X is seeking to raise about $75bn (£55bn) through its imminent stock market listing, , the company has said, which would make it the largest initial public offering ever.If the stock market launch – primed

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