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Tesla discontinues Model X and S vehicles as Elon Musk pivots to robotics

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High hopes for Optimus robot help company beat forecasts despite yearly revenue decline and flailing car businessIn the clearest sign yet that Tesla is pivoting away from its electric car business, CEO Elon Musk announced on Wednesday’s investor call that the company would discontinue production of its Model X SUV and Model S full-size sedan.“It’s […]

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Microsoft shrugs off AI bubble fears again with strong financial results

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Company reports second-quarter revenues of $81.27bn but posts slowing growth in key cloud computing businessInvestor interest in Microsoft’s shares may have weakened in recent months, but the company posted strong financial results on Wednesday that yet again demonstrated that the AI boom is roaring on.Microsoft reported earnings for the second quarter of fiscal year that

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MBZUAI Releases K2 Think V2: A Fully Sovereign 70B Reasoning Model For Math, Code, And Science

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Can a fully sovereign open reasoning model match state of the art systems when every part of its training pipeline is transparent. Researchers from Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) release K2 Think V2, a fully sovereign reasoning model designed to test how far open and fully documented pipelines can push long horizon

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Burner phones and lead-lined bags: a history of UK security tactics in China

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Starmer’s team is wary of spies but such fears are not new – with Theresa May once warned to get dressed under duvetWhen prime ministers travel to China, heightened security arrangements are a given – as is the quiet game of cat and mouse that takes place behind the scenes as each country tests out

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Artificial intelligence will cost jobs, admits Liz Kendall

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UK technology secretary also announced plans to train up to 10 million Britons in AI skills to help workforce adapt Increasing deployment of artificial intelligence will cause job losses, the UK technology secretary has warned, saying: “I want to level with the public. Some jobs will go.”In a speech on government plans to handle the

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Google DeepMind launches AI tool to help identify genetic drivers of disease

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AlphaGenome can analyse up to 1m letters of DNA code at once and could pave way for new treatmentsResearchers at Google DeepMind have unveiled their latest artificial intelligence tool and claimed it will help scientists identify the genetic drivers of disease and ultimately pave the way for new treatments.AlphaGenome predicts how mutations interfere with the

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SpaceX mulls $1.5tn IPO timed to ‘align with Musk’s birthday and the planets’

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World’s richest person targeting symbolic date in June for flotation of rocket companyElon Musk’s SpaceX is considering a flotation valuing the rocket company at $1.5tn (£1.1tn) that will reportedly be timed for early summer to coincide with a planetary alignment and the multibillionaire’s birthday.The world’s richest person is targeting a symbolic date of mid-June for

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China lags behind US at AI frontier but could quickly catch up, say experts

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Beijing’s AI policy is focused on real-life applications but Chinese companies are beginning to articulate their own grand visionsStanding on stage in the eastern China tech hub of Hangzhou, Alibaba’s normally media-shy CEO made an attention-grabbing announcement. “The world today is witnessing the dawn of an AI-driven intelligent revolution,” Eddie Wu told a developer conference

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‘It’s not too late to fix it’: internet inventor Tim Berners-Lee says he is in a ‘battle for the soul of the web’

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Founder of the world wide web says commercialisation means the net has been ‘optimised for nastiness’, but collaboration and compassion can prevailGet our breaking news email, free app or daily news podcastWhen Sir Tim Berners-Lee invented the world wide web in 1989, his vision was clear: it would used by everyone, filled with everything and,

‘It’s not too late to fix it’: internet inventor Tim Berners-Lee says he is in a ‘battle for the soul of the web’ Read More »

Amazon reveals fresh round of global job cuts in email sent in error to workers

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Message erroneously said affected employees in the US, Canada and Costa Rica had already been informedBusiness live – latest updatesAmazon has told workers of a fresh round of global job cuts in an email that appears to have been sent in error.Workers at Amazon Web Services (AWS) received a meeting invitation from a top executive

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