OpenAI boss says AI regulation could go wrong September 25, 2023 The chief executive of OpenAI, the organisation behind ChatGPT, has voiced concerns about the challenges of regulating artificial intelligence (AI). During a visit to Taiwan, Sam Altman, who leads the startup backed by Microsoft, expressed that while he is not overly worried about government over-regulation, it remains a possibility. He said: “It is possible to [...]
Amazon to invest up to $4bn in Anthropic to boost its AI offering September 25, 2023 Amazon will invest up to $4bn (£3.3bn) in rising artificial intelligence (AI) startup Anthropic, the tech giant said today.
London VC firm raises record $700m to fuel European tech September 25, 2023 London investment firm Dawn Capital has raised $700m (£572m) as it looks to nurture the tech talent and innovation blossoming across the continent. The venture capital (VC) firm’s $620m flagship fund, Dawn V, aims to support software startups with initial investments ranging from $10-$40m at Series A and B stages. It is the largest ever [...]
There is a risk humans could lose control of AI machines, says deputy PM September 23, 2023 The UK’s summit on artificial intelligence will look at protecting “humanity’s future” by countering the risk of “losing control of the machines”, the Deputy Prime Minister has told world leaders. In a speech setting out the opportunities and dangers of AI, Oliver Dowden told the United Nations’ General Assembly that the daily rate of progress [...]
BT boss says Huawei ban cost firm £500m September 20, 2023 BT's chief security and networks officer Howard Watson said today that the UK's Huawei ban has cost the telecoms giant £500m.
Pearson chief retires as publisher turns new tech page September 20, 2023 Omar Abbosh joins Pearson as new chief executive as Andy Bird, who has led the company for three years, hands in his retirement notice.
Jeremy Hunt to woo US tech firms on west coast tour September 19, 2023 Jeremy Hunt will meet with technology and creative firms on the west coast of the United States as part of efforts to make Britain the “next Silicon Valley”. The Chancellor will hold talks with tech giants including Microsoft, Amazon and Alphabet in Los Angeles, San Francisco and Seattle as he seeks to boost investment in [...]
Musk says paywall could rid X of bots but will it work? September 19, 2023 Elon Musk has hinted at the possibility of building a paywall for all users of X, formerly known as Twitter, in order to combat “vast armies of bots” clogging up the social media platform. During a live stream on X with Israel’s Prime Minister Benjamin Netanyahu, billionaire Musk said the only way to stop the [...]
Right-wing think tank claims digital markets bill is a ‘recipe for disaster’ September 19, 2023 Proposed legislation to regulate digital markets is a “recipe for disaster” and risks spooking tech companies by handing Britain’s competition watchdog unbridled power, according to a new paper by the Institute of Economic Affairs (IEA). The right-wing think tank has today published a paper which warns the Digital Markets, Competition and Consumers bill (DMCC) will [...]
New AI principles hint at pro-innovation future of UK regulation September 19, 2023 Britain’s competition watchdog has set out guidelines to steer the development of artificial intelligence (AI), which lawyers suggest could be a blueprint for a pro-innovation future of AI regulation. The Competition and Markets Authority (CMA) has proposed seven principles to guide the use and development of the foundation models that underpin AI giants like OpenAI’s [...]