Should we be worried about AI market concentration? October 16, 2025 An interesting statistic caught my eye this week on reading the IMF’s report into global financial stability. The report cited a decades-old measure known as the Herfindahl-Hirschman index. While hardly catchy, the Herfindahl-Hirschman index is a simple tool for assessing the dominance of certain players within the market. The higher the number, the greater the [...]
UK businesses wasting millions on ChatGPT-style AI tools October 10, 2025 Companies could be wasting millions on AI tools like ChatGPT, Microsoft Copilot, and Claude as they rush to boost productivity. MIT’s State of AI in Business 2025 study found that while employees in over 90 per cent of companies regularly use personal AI tools, only 40 per cent of organisations have official LLM subscriptions. Despite [...]
What an AI bubble could mean for Reeves October 10, 2025 The traditional ministerial photo-op of walking around a construction site clad in a high-vis jacket and a hard hat usually takes place at a factory or housing site. But last month, chancellor Rachel Reeves donned fluorescent yellow for a different facility – a huge data centre built to power the UK’s digital economy through AI. [...]
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 [...]
Bank of England sounds alarm on ‘high risk’ AI bubble October 8, 2025 The Bank of England has warned of the potential for a “sharp correction” in global markets due to the “stretched” stock valuations from the artificial intelligence (AI) boom. The central bank’s Financial Policy Committee has warned a crash in the roaring value of US tech giants could spark trouble overseas. “A crystallisation of such global [...]
How OpenAI’s deal with AMD could change the AI chip market October 7, 2025 Techbehemoth and OpenAI yesterday struck a multi-billion-dollar partnership with chipmaker AMD, committing to purchase up to six gigawatts of the company’s next-generation processors to power new AI data centres. The deal, which will start with AMD’s new ‘MI450’ chip in the second half of 2026, marks a key step in OpenI’s strategy to diversify its [...]
Open AI and AMD challenge Nvidia with multibillion chip deal October 6, 2025 OpenAI has announced a multi-billion dollar deal with chip giant AMD to build large scale AI data centres – one of the most direct challenges to Nvidia’s dominance in the AI market to date. Under the partnership, OpenAI will buy six gigawatts of AMD’s next generation processors, starting with the MI450 chip launching in 2026. [...]
Sora: OpenAI targets Tiktok with AI social media platform October 1, 2025 OpenAI has taken an ambitious step into the social media market with the launch of ‘Sora’, its new app designed for users to generate and share AI-generated video content. Coupled with the roll-out of Sora 2, its new audio-visual software model, the platform aims to shift AI from a mere productivity tool, into a space [...]
US Stargate expansion highlights UK’s modest AI ambitions September 24, 2025 OpenAI, Oracle, and SoftBank have unveiled plans to construct five new AI data centres across the US as part of the expansive $500bn (£370bn) Stargate project. This initiative aims to achieve 10 gigawatts of compute capacity by the end of 2025, with the latest expansion bringing the total to nearly seven gigawatts and over $400bn [...]
Nvidia-OpenAI deal raises questions over how sustainable the AI boom is September 23, 2025 Nvidia and OpenAI have unveiled what they call the largest AI infrastructure project in history, a partnership to deploy 10 gigawatts of data centres powered by millions of Nvidia’s advanced chips. The deal could see Nvidia invest up to $100bn (£73.99bn) in Sam Altman’s company, even as OpenAI spends billions of dollars buying those very [...]