Rightmove boss talks down ChatGPT threat and defends AI investment Property Property giant Rightmove sought to walk a tightrope when it launched its financial results on Friday, as its execs stood by the firm’s divisive AI plans while distancing themselves from silicon valley giant OpenAI. Friday’s results offered an opportunity to calm the shareholders who wiped £1bn off the firm’s value when it announced its AI [...]
How seriously should we take Anthropic founder’s ‘civilisational threat’ essay? AI “Humanity is about to be handed almost unimaginable power, and it’s deeply unclear whether we can handle it” – that’s the warning from one of the most powerful men in artificial intelligence – so, is he right? If you don’t have plans for the weekend you could do worse than to sit down and read [...]
Anthropic and OpenAI raise billions as LLM race accelerates AI The AI boom took another leap forward this week as rival labs Anthropic and OpenAI moved to lock in eye-watering sums of funding, as the chatbot race accelerates. Anthropic has closed a funding round of between $10bn and $15bn at a valuation of around $350bn, comfortably overshooting its original target. The round was led by [...]
Musk-Altman rift widens as judge approves court battle January 16, 2026 OpenAI and Microsoft have lost their final bid to avoid a courtroom battle with Elon Musk, with a US judge ruling that the Tesla and xAI founder can proceed to trial over claims that the start-up breached its original charitable mission. The case, set for a jury trial in late April at the District Court [...]
Best of 2025: Mass hallucinations – how I caught an AI reporter December 26, 2025 As we tick off the final days of 2025, we’re rounding up some of our favourite features of the year. Here we present City AM Life&Style Editor Steve Dinneen’s award-nominated tale about the threat AI poses to journalism. The ‘customer’ in the fried chicken shop didn’t touch his meal. Instead, he photographed the kitchen door’s [...]
Mickey Mouse puts copyright woes to bed with Disney-OpenAI deal December 16, 2025 Disney’s $1bn investment in OpenAI, coupled with a three year licensing deal for over 200 Disney, Marvel, Pixar, and Star Wars characters on Sora, constitutes a seismic shift in how Hollywood thinks about content creation and copyright. Last week’s announcement, long anticipated since CEO Bog Iger hinted at AI plans, marks the first time a [...]
Google boss Pichai admits OpenAI won the first round October 20, 2025 Google chief Sundar Pichai confirmed the intense internal pressure within the Magnificent Seven firm, widely reported as a ‘code red’, that followed the late 2022 launch of OpenAI’s ChatGPT, admitting that the smaller rival deserved credit for launching its chatbot first. Speaking at Salesforce’s annual tech conference in San Francisco, Dreamforce, tech heavyweight Pichai spoke [...]
Spotify’s integration into ChatGPT may not be a bad thing October 8, 2025 Spotify’s new partnership with OpenAI brings its music and podcast recommendations inside its LLM bot, ChatGPT, helping its users to discover and queue new music through conversations, rather than search. Listeners will be able to link their Spotify to ChatGPT, asking it to find anything from a specific playlist to a podcast topic. Across 145 [...]
Most businesses use ChatGPT before consulting their accountant October 1, 2025 Almost two-thirds (64 per cent) of businesses are now using public AI chatbots for advice before consulting their accountant, according to new research exclusively shared with City AM. A survey of 500 senior decision-makers within UK accountancy firms, conducted by Ravical for its ‘Accounting in the Age of AI‘ report, found clients are no longer [...]
Inside Elon Musk and Sam Altman’s high-stakes feud August 22, 2025 The long-simmering rivalry between tech titans Elon Musk and Sam Altman has erupted into a full-blown public and legal battle, revealing a high-stakes struggle for the future of artificial intelligence. What began as a partnership to build and scale AI has devolved into a bitter feud marked by lawsuits, public taunts, and a brazen takeover [...]