‘Huge vote of confidence’: Sunak cheers Google’s £790m AI injection in Watford Tech Google has announced plans to invest $1bn (£790m) to build a new UK data centre as it tries to gain a lead in the race for AI supremacy.
Google’s VC arm backs London climate start-up GREEN SHIFT A London-based ‘carbon removals’ platform used to green the Jubilee and the Queen’s funeral has received £5.3m worth of new funding as it looks to scale up. Founded by serial fintech entrepreneur Marta Krupinska, climate scientist Dr Gabrielle Walker and Mark Stevenson, Cur8 is the market maker for carbon removals. The firm buys carbon removal [...]
Google and Microsoft AI showdown continues technology After Microsoft and Google’s parent company, Alphabet, reported better-than-expected results yesterday, analysts say the race to dominate the burgeoning AI field is moving quickly. Alphabet’s robust performance saw a 3.3 per cent surge in ad revenue, as search revenue hit $42.63bn (£32.98bn), causing shares to climb six per cent on Wednesday. Despite the market applause, [...]
Google in talks to participate in Lloyd’s of London captive syndicates February 12, 2024 US tech giant Google is reportedly in talks to participate in the City's insurance and reinsurance market via a captive.
Competition watchdog launches deeper probe into Apple and Google’s mobile dominance November 22, 2022 Competition regulators continue to cast their net towards Google and Apple, with a new in-depth investigation launched this morning over their mobile browser dominance. The Competition and Markets Authority (CMA) said it would be examining whether new rules are needed for users and developers in this space after it conducted a consultation. Around 97 per [...]
Google releases new AI model Gemini – but not in the UK December 6, 2023 Google has unveiled its latest AI model, Gemini, but it must get regulatory approval before it becomes available in the UK.
Google to pay £553m to settle major antitrust case December 19, 2023 Google has agreed to pay 700 million US dollars (£553m) and make several other concessions to settle allegations that it had been stifling competition against its Android app store.
Microsoft’s AI gambit shines but Google fumbles with cloud business October 25, 2023 Largely thanks to strong growth in its cloud computing division, Microsoft reported first-quarterly revenue of £46.4bn.
Dr Martens sues Temu over use of trademark on Google search April 14, 2024 Dr Martens filed the legal action against Temu filed at the High Court last week over alleged trademark infringements.
Google Gemini’s bias problem is just the start in AI diversity disasters March 4, 2024 As missteps like Google's Gemini shows, programming out bias in AI models is no quick fix, writes Rebecca Gorman.