Crypto and AI are opposites that attract February 21, 2024 Last week Open AI introduced Sora - their text-to-video model - that creates realistic videos from a simple prompt. Open AI CEO, Sam Altman, also expressed his desire to raise an eye-watering $7 trillion, or 3.5x the current total crypto market cap, to fuel chip design and manufacturing to cater for increasing adoption of artificial intelligence (AI).
‘Little room for error’ for Nvidia in full year results February 18, 2024 Chip designer Nvidia has provided a bullish forecast for its fourth quarter sales, estimating them to reach $20bn (£15.9bn).
UK chipmaker Graphcore explores sale as it struggles to cash in on AI boom February 18, 2024 British chipmaker Graphcore is reportedly exploring a sale to foreign buyers after struggling to reap the rewards of the boom in artificial intelligence.
Tech’s boom or bust cycle will only whip up trust issues February 18, 2024 High levels of volatility are giving tech investors the ick, says Mike Maynard
Enough with AI’s ‘godfathers’, may 2024 be the year we celebrate its godmothers too February 17, 2024 Women in AI must be platformed if we want the tech to truly represent society - may 2024 be the year of the AI godmother, writes Kriti Sharma.
How are AI hedgies finding the next Nvidia and what are they betting big on? February 16, 2024 As Nvidia becomes Wall Street’s third most valuable company, where else are hedgies looking to place their AI related bets?
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
Applied Materials shares surge 12 per cent on bullish revenue forecast amid AI craze February 16, 2024 Applied Materials, a leading supplier of semiconductor equipment, witnessed a remarkable surge in its shares by more than 12% during after-hours trading on Thursday.
UK should resist ‘over-regulating AI’: Founder of British tech start-up hailed by Sunak as ‘revolutionary’ February 12, 2024 The founder of a fast growing British tech startup, RobinAI, has said he believes the UK should resist over-regulating AI.
Capital Economics: AI ‘bubble’ now more of a risk for markets than interest rates February 9, 2024 While it was still "too early" to be confident that interest rates won't cause some imbalances, "the chances of a systemic financial event are diminishing".