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ai chips

  • European banking jobs face AI reset ‘not mass job losses – for now’

    Banking

    European banking jobs are in line for a boost from AI despite widespread fears the integration of new tech will trigger mass layoffs, according to fresh analysis. The headcount at the top lenders is expected to get a four per cent average uplift, analysts from Bloomberg Intelligence said in a new note. The increase is [...]

    Motor finance gave City a major stock boost on Monday.
  • Arm moves into chips as boss says firm will deliver silicon

    Tech

    Arm boss Rene Haas said the company will begin delivering its own chips as it unveiled its first in-house processor, marking a major shift for the UK tech firm. “With today’s announcement, we’re expanding the Arm compute platform to include delivery of production silicon with our Arm AGI CPU,” Haas said. The Cambridge-based company revealed [...]

    Raspberry Pi's stock price has been volatile since it listed in June 2024. (Photo by Alexander Ryumin\TASS via Getty Images)
  • Half of AI’s most expensive chips are sitting idle, says tech expert

    Tech

    The artificial intelligence boom, so far, has been defined by a single instinct: build more. More chips, more data centres, more power. Capital expenditure from the world’s largest tech firms is running into the hundreds of billions as they race to scale AI systems. Analysts expect global data centre investment to continue rising sharply, with [...]

    Raspberry Pi's stock price has been volatile since it listed in June 2024. (Photo by Alexander Ryumin\TASS via Getty Images)
  • Bank of England: We can’t eliminate bias in AI

    March 16, 2026

    A top boss at the Bank of England has warned the use of artificial intelligence programs will never be bias-free and instead users must be aware of the risk. Jem Davis, chief compliance officer at the Bank of England, said: “My view is you’re probably not going to be able to eliminate bias completely, but [...]

  • From toilets to MSG: Four unlikely winners of the AI boom

    March 11, 2026

    Believe it or not, Toto, the Japanese toilet and bidet maker, has become one of the more improbable stock success stories of the AI boom. The company produces electrostatic ‘chucks’, components critical to memory chip production, and when activist fund Palliser Capital took a stake last month and called it “the most undervalued and overlooked [...]

  • Meta strikes AMD chip deal as AI spend continues to boom

    February 24, 2026

    Meta has agreed a multiyear deal to buy up to six gigawatts of AI computing power from AMD, in an agreement valued at more than $100bn (£74.5bn) that could see the social media group take a stake of up to 10 per cent in the US chip giant. The companies said on Tuesday that Meta [...]

  • Meta signs Nvidia deal as AI infrastructure bill soars

    February 18, 2026

    Meta has announced a a multi-year partnership with Nvidia to expand its artificial intelligence (AI) infrastructure, as it continues to commit billions to data centres. The deal will grant the Facebook owner access to the chip giant’s latest processor, and covers deployments across Meta’s various branches. It will see the social media group roll out [...]

  • Tiktok parent Bytedance joins race to build in-house AI chips

    February 11, 2026

    China’s Bytedance is stepping up its own silicon push with plans to produce at least 100,000 AI chips this year. The move comes as tech giants scramble to cut their reliance on market leader Nvidia, and lock in scarce computing power. The Tiktok creator is reportedly in talks with Samsung Electronics to manufacture the processor, [...]

  • Nvidia pitches ‘thinking’ cars as UK EV sales soar

    January 6, 2026

    Nvidia is betting that smarter software will drive the next phase of electric vehicle (EV) adoption, unveiling what its boss dubbed as the ‘ChatGPT moment’ for self-driving cars as UK EV sales hit record highs. Speaking at the yearly Consumer Electronics Show (CES) in Las Vegas, tech titan and Nvidia chief executive Jensen Huang revealed [...]

  • Nvidia: UK staff get £45m as shares rocket

    November 20, 2025

    Staff at the UK-headquartered arm of Nvidia received a boost of almost £45m thanks to a generous share save scheme which has since been significantly upgraded. Since 2012, the US chipmaker has allowed its employees to have up to 15 per cent of their earnings withheld to buy shares in the company at a 85 [...]

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