AI firms targeting London’s rare book shops in ‘dystopian’ hunt for training data AI London’s rare book shops appear to have been targeted by AI companies searching for books to train their models, after court documents revealed Anthropic bought, scanned and destroyed millions of physical books as part of a controversial project to feed an insatiable demand for training data. One London-based seller of rare books told City AM [...]
Alphabet to join Dow Jones in rare index reshuffle Tech Alphabet will replace Verizon Communications in the Dow Jones Industrial Average next week, S&P Dow Jones Indices announced on Wednesday, in the blue-chip index’s first structural change since Nvidia displaced Intel in 2024. The Google parent’s Class A shares will join other members of the so-called Magnificent Seven including Nvidia, Amazon, Apple and Microsoft in [...]
Google taps markets for $30bn AI cash call Tech Alphabet will raise up to $80bn (£59bn) from investors to fund its AI expansion, marking one of the largest equity fundraisings in history and a major shift for a company that has traditionally relied on its vast cash generation to finance growth. The Google parent said on Monday it would use the proceeds to expand [...]
Apple UK posts £5bn turnover as iPhone boom offsets AI lag April 14, 2026 Apple UK racked up just shy of £5bn in turnover last year, as strong iPhone demand helped power growth across its British operations, according to newly filed accounts. The tech behemoth’s UK arm, based in Battersea Power Station, reported revenue of £4.99bn for the year to 28th September 2025, up from £4.7bn the year before, [...]
Revolut follows Starling with AI agent as tech arms race heats up April 9, 2026 Revolut has waded into the AI arms race with the debut of its personal finance assistant as fintech firms race to beef up the tech in their all-in-one super apps. The $75bn digital banking giant has launched AI by Revolut – a financial assistant embedded into its app. The chatbot provides spending insights, investment updates [...]
US AI firms team up to avoid another Deepseek moment April 7, 2026 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, [...]
Should we be worried that AI’s referees are leaving the pitch? March 5, 2026 Zoe Hitzig had one of the more unorthodox jobs Silicon Valley has to offer. She worked on the ethics and policy questions around artificial intelligence at OpenAI – the uncomfortable bits about how these systems are built, used, accessed and paid for. A couple of weeks ago, she quit. Taking the pen for the New [...]
Rightmove profit grows as it doubles down on unpopular AI plans February 27, 2026 Rightmove has reported growing profit and revenue as it stood by AI plans which had proved divisive with investors. The UK’s top property portal reported profit before tax of £290m, up 12 per cent from last year, in its financial results for the year ended December 2025. The FTSE-100 listed firm recently launched a conversational [...]
Amazon and Alphabet’s AI spending faces billion-dollar litmus test February 2, 2026 Investors will get a clearer read this week on whether Big Tech’s vast AI spending is turning into real returns, as Alphabet and Amazon report earnings amid heightened market sensitivity to cloud growth, margins and costs. Both tech giants sit at the centre of the AI boom, but recent volatility in US tech stocks has [...]
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, [...]