OpenAI-linked shares plummet after it fails to hit growth targets Tech Companies with financial ties to the fate of OpenAI sold off sharply on Tuesday after it emerged the ChatGPT maker had fallen short of internal targets for revenue and user growth. Shares in Japanese investment giant Softbank and data centre hyperscalers Coreweave and Oracle plunged by between four and eight per cent reigniting nerves over [...]
US AI firms team up to avoid another Deepseek moment Tech US artificial intelligence (AI) heavyweights are together stepping up to protect their commercial edge, as Chinese rivals increasingly chip away at their pricing power. Google, Anthropic and OpenAI have begun sharing information on rivals trying to replicate their models through distillation, Bloomberg reported on Tuesday. The united effort has been coordinated through an industry non-profit, [...]
Anthropic targets October for mega IPO Tech AI giant Anthropic is targeting a listing as early as October, placing itself at the centre of what could become one of the most significant tech IPOs in years. The San Francisco-based company, best known for its Claude chatbot, has begun preliminary discussions with leading Wall Street banks including Goldman Sachs, JPMorgan Chase and Morgan [...]
UK considers social media curfew as under-16 ban looms March 2, 2026 The government is considering overnight curfews on social media and tighter restrictions on children’s access to AI chatbots as it prepares to launch what it describes as a “national conversation” on online safety. From Monday, parents and young people will be invited to take part in a consultation exploring measures that could include an Australia-style [...]
Starmer closes chatbot loophole in Online Safety Act February 16, 2026 Sir Keir Starmer is set to target AI chatbots with the UK’s Online Safety Act, warning tech titans that “no platform gets a free pass” following a deepfake scandal involving Elon Musk’s Grok. In a speech on Monday, the Prime Minister is expected to confirm plans to amend the Crime and Policing Bill, so that [...]
BBC left out of ChatGPT AI news sources January 30, 2026 AI chatbots used by millions to access the news are skewing UK media, with new research showing that some of the country’s biggest and most trusted outlets are being sidelined altogether. According to the Institute for Public Policy Research (IPPR), ChatGPT and Google Gemini did not cite the BBC in any responses to news-related queries, [...]
Anthropic and OpenAI raise billions as LLM race accelerates January 28, 2026 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 [...]
Ofcom investigation launched into Grok AI deepfakes on X January 12, 2026 The media and online safety watchdog has announced an investigation into Elon Musk’s X, to determine whether the platform has done enough to protect Brits from explicit deepfakes generated by its Grok AI. Ofcom pointed to “deeply concerning reports of the Grok AI chatbot account on X being used to create and share undressed images [...]
Trump official warns UK on ‘Russia-style’ X ban after Grok row January 11, 2026 A key Trump administration official has sent the UK a firm warning following speculation Elon Musk’s X platform may face a ban after a scandal around AI-generated images. Sarah Rogers, under-secretary for public diplomacy at the US State Department, issued a series of messages criticising the UK on the rumoured ban. Rogers said the UK [...]
Eurostar’s new AI chatbot left customers exposed December 22, 2025 Eurostar’s shiny new AI chatbot was billed as a smarter way of helping customers. But the bot was shipped with old-fashioned security flaws that could have left customers exposed, and for weeks, nobody at the train operator seemed willing to listen. City AM can reveal that multiple security flaws were found in Eurostar’s public-facing AI [...]