OpenAI sharpens its focus as Sora falls and funding web tightens Tech OpenAI’s decision to shut down its Sora video tool and unwind its Disney partnership in the space of 24 hours is far from an isolated product call. It comes at a moment of rapid growth for the firm, which is handling heavy infrastructure demands alongside increasing scrutiny over how the AI boom it sits at [...]
OpenAI shuts Sora and drops Disney deal in AI reset Tech OpenAI has shut down Sora, its AI video app, less than two years after the tool made headlines for turning short text prompts into strikingly realistic video clips. The company is also winding down its content partnership with Disney, bringing an abrupt end to one of the most closely watched tie-ups between Hollywood and a [...]
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 [...]
Investors eye farming as AI’s latest cash cow March 23, 2026 A startup fitting livestock with AI-powered collars is closing in on a $2bn valuation, as investors turn their attention to a less obvious frontier for AI. New Zealand-based Halter is in talks to raise fresh funding led by Founders Fund, the Silicon Valley firm backed by Peter Thiel. The round is understood to be heavily [...]
Is AI ‘vibe coding’ too good to be true? March 20, 2026 AI means companies can now 'vibe code' their own software products on the cheap – but they may soon discover the risks, writes Paul Armstrong.
HSBC job cut plans add to mounting AI warnings for banks March 19, 2026 HSBC is weighing up cutting as many as 20,000 jobs across its global business as part of a longer-term push towards automation and AI, forming the clearest signal yet of how the technology is beginning to reshape the banking workforce. According to reports, the lender is understood to be considering reductions equivalent to around 10 [...]
Ex-Google executive puts AI hiring under scrutiny March 18, 2026 A former Google Cloud executive has put AI hiring and its consequences under renewed scrutiny in a US courtroom. The unnamed ex-Big Tech employee’s testimony revolved around how automated, agentic systems are increasingly shaping recruitment decisions, not at the final interview stage, but much earlier, where candidates are filtered, ranked and, in many cases, excluded. [...]
Nvidia’s $1 trillion bet keeps bubble fears at bay March 17, 2026 Nvidia has raised its estimate of the potential market for its artificial intelligence chips to $1 trillion by 2027, in a move that helped steady investor concerns about the durability of the AI boom. Speaking at the company’s developer conference in California, chief executive Jensen Huang said demand for AI computing continues to expand as [...]
Reeves AI push risks outpacing delivery, industry warns March 17, 2026 Rachel Reeves’s attempt to put AI at the centre of the UK’s growth strategy has drawn a broadly positive response from business, yet also exposed a series of gaps that could limit how quickly that ambition translates into real economic gains. In her Mais Lecture, the chancellor will pledge to deliver the “fastest AI adoption [...]
HPE leans on Juniper deal as AI drives demand for faster networks March 12, 2026 Hewlett Packard Enterprise (HPE) is trying to prove that its $14bn (£10.45bn) takeover of Juniper Networks is already translating into momentum in one of the most competitive corners of the AI infrastructure market. Speaking at Mobile World Congress (MWC) in Barcelona, Rami Rahim, the former Juniper chief executive who now runs HPE’s networking business, told [...]