Shares in British radiation detection firm Kromek jump following funding from Horizon Europe scheme February 5, 2024 Radiation detection firm Kromek has won government funding to develop its new product which can rapidly detect irregular radiation sources.
UK chip sector must seize investment opportunities, says tech minister February 5, 2024 Britain’s chip industry must get proactive about seeking investment opportunities and fostering skills, according to the UK’s tech minister.
To lead the artificial intelligence revolution, London must first win over the sceptics February 5, 2024 AI could be London's next big industry, but only if it builds the needed trust to develop the technology, writes Michael Mainelli.
Apple: China takes a bite out of numbers but tech giant beats consensus February 2, 2024 Apple missed sales estimates in China but held on to profits elsewhere, it told its investors on Wall Street last night
Elon Musk to hold ‘immediate’ shareholder vote on moving Tesla fully to Texas February 1, 2024 Elon Musk has said Tesla will "move immediately" to hold a shareholder vote to transfer the company's state of incorporation to Texas.
Microsoft and Google: Results show a cautious market reaction to AI spending January 31, 2024 Microsoft and Google both reported strong quarterly earnings today but the tech giants failed to satisfy the market.
Working group launches code of conduct for insurance market when using AI January 31, 2024 A collaboration between 127 experts, including the former UK COO of Aviva, has resulted in the creation of a code of conduct for the insurance industry for using AI. This initiative aims to establish and uphold “the highest standards of behaviour and ethical responsibility” when planning, designing, or utilising AI in the management and settlement [...]
Microsoft: Rising cost of AI could weigh on share price, analysts warn January 31, 2024 In the three months to December, Microsoft's revenue increased by 16 per cent to hit $62bn, roughly in line with expectations.
Samsung profits tumble 34 per cent after chip business hits rock bottom January 31, 2024 Samsung has reported a 34 per cent drop in operating profits in its four quarter and new lows for its chip business.
Musk’s ‘unfathomable’ $56bn Tesla pay package overruled by US judge January 31, 2024 A Delaware judge has ruled in favour of investors who contested Elon Musk's $56bn (£44.2bn) Tesla pay package, deeming it excessive.