Nationwide warns returns from corporate AI are still hard to measure Tech Nationwide has warned that the financial returns from workplace AI remain difficult to quantify, even as the building society rolls out the technology to around 16,000 staff. Around 1,000 employees across the combined Nationwide and Virgin Money finance team now have premium Microsoft 365 Copilot licences, while some 2,500 engineers are using Github Copilot. Paul [...]
Microsoft ‘back on track’, whilst Meta spending leaves investors ‘nervous’ Tech Microsoft saw strong growth over the last quarter as demand for its AI products continued to climb, while Meta’s rising spending on AI overshadowed record sales and sent its shares lower. The two US tech giants reported quarterly results after the closing bell on Wednesday, offering investors a clear picture of whether billions of dollars [...]
Big Tech faces earnings test after AI spending spree Tech Alphabet, Microsoft and Amazon will report earnings over the next two weeks as investors look for evidence that years of record spending on AI are beginning to generate stronger revenue growth. The three companies have led the AI investment boom, committing billions of dollars to data centres, chips and software. Their latest results are expected [...]
City law firm Shoosmiths launches Microsoft-led AI tool for junior lawyers June 24, 2026 City law firm Shoosmiths has launched a generative AI tool built with tech giant Microsoft to assist junior lawyers firm-wide in reviewing contracts. The firm said the tool is trained on insight from lawyers at Shoosmiths, including from its M&A practice, and follows a year-long pilot and building programme with Microsoft to enable junior lawyers [...]
Big Tech’s AI capex splurge can’t go on forever June 17, 2026 The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories. Google, Meta, Amazon and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure which will run the artificial intelligence (AI) revolution. Total capex by these four firms is expected to reach $750bn [...]
Forget Palantir, Microsoft is the government’s real tech problem June 11, 2026 MPs are right to warn about the dangers of the public sector’s use of Palantir, but the bigger story is the vice-like grip Microsoft exerts of government IT systems, says Bill McCluggage Palantir, the Peter Thiel-founded data analytics firm with its murky intelligence community roots, makes for an irresistible villain. So it’s no surprise that [...]
‘Safe’ version of Anthropic’s Mythos model hits market June 10, 2026 Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious ‘Mythos’ model for the first time – a technology previously deemed to dangerous for distribution. Fable 5 is being rolled out via Anthropic’s interace, but the launch comes with strict limitations. The San Francisco-based AI titan [...]
Nvidia beats again – but Wall Street’s expectations keep rising May 21, 2026 Nvidia delivered another record-breaking quarter on Wednesday night, extending its dominance at the centre of the AI boom – but investors are increasingly asking how long the explosive growth can continue. The world’s most valuable company reported first-quarter revenue of $81.6bn, up 85 per cent year-on-year and ahead of Wall Street forecasts of $78.9bn. Net [...]
Nvidia must ‘step up to the plate’ after $1.5 trillion rally May 20, 2026 The world’s most valuable listed company is expected to report another surge in sales and profits after the US market closes, with Wall Street forecasting quarterly revenue approaching $79bn (£58.9bn). But investors are increasingly questioning how long Nvidia can sustain growth at its current pace after the stock added more than $1.5tn in market value [...]
Google and Blackstone take aim at Nvidia in $5bn AI bet May 19, 2026 Alphabet’s Google and Blackstone are launching a $5bn (£3.7bn) AI infrastructure firm in one of the clearest signs yet that Big Tech is trying to loosen Nvidia’s grip on the AI boom. The deal, as first reported by The Wall Street Journal, will see the pair create a new US-based AI cloud and data centre [...]