Meta unveils $95bn share sale as AI spending drains cash reserves Tech Meta has announced plans to raise up to $95bn (£71bn) through share sales to fund its AI expansion, as soaring infrastructure costs put pressure on the Facebook owner’s cash flow. The tech giant said on Monday it would raise $35m through public equity offerings, followed by a further $60bn through a programme allowing it to [...]
Anthropic reveals $80bn loss as AI giant files for blockbuster IPO Tech Anthropic has revealed an $80.7bn (£60bn) first-half loss as the AI giant filed for a blockbuster US stock market listing that could value the company at up to $2 trillion. The Claude developer published its long-awaited IPO prospectus with the US Securities and Exchange Commission on Monday, offering investors their first detailed look at its [...]
Microsoft boss warns of AI trust crisis as UK workers lag behind bosses Tech Microsoft chief executive Satya Nadella has warned that increasingly powerful AI systems are becoming less trustworthy, as new research exposes a widening confidence gap between UK bosses and their employees. Speaking at Microsoft’s Frontier Tour in London on Wednesday, Nadella urged businesses to embrace AI while retaining human oversight, warning that the technology’s growing capabilities [...]
JD Vance is completely wrong about Indian tech workers October 15, 2026 JD Vance has criticised American tech companies for employing Indians, but these highly skilled and law-abiding workers prove not all immigration is equal, says Rainer Zitelmann The Indian government has strongly condemned remarks by US Vice President JD Vance as “deeply offensive”. Vance described foreign workers employed by American software companies, including many Indians, as [...]
‘This is dangerous’ – America’s new elites are opting out of society October 8, 2026 If you are fortunate enough to become wealthy, you have obligations to the society that made that possible. Americans have forgotten that.
OpenAI safety chief quits with warning on ‘broken’ culture October 5, 2026 A senior OpenAI safety figure has become the latest AI insider to sound the alarm over the technology, quitting the ChatGPT maker over what he called its “broken” culture. David Robinson, who spent three-and-a-half years at OpenAI and led safety reports for 12 major model launches, said AI companies were not “being nearly careful enough”, [...]
GOV.UK founder warns Britain is ‘dangerously dependent’ on foreign AI September 21, 2026 Britain risks becoming “dangerously dependent” on a handful of foreign tech companies as AI spreads through businesses and public services, the founder of GOV.UK has warned. Mike Bracken, who founded the Government Digital Service and led the creation of GOV.UK, said organisations were steadily giving up control of critical systems as they turned to external [...]
AI firms double London office space as tech boom fuels property demand September 16, 2026 AI firms snapped up more than 700,000 sq ft of London office space in the first half of 2026, more than double the amount taken across the whole of last year as fast-growing tech companies expand their footprint in the capital. AI businesses accounted for as much as a third of central London office take-up [...]
Microsoft vows AI will ‘always work in service of people’ as safety fears spread September 14, 2026 Microsoft has drawn up new limits for its homegrown AI models after Silicon Valley’s sudden reckoning with the risks of increasingly powerful systems spreads to one of its biggest companies. The US tech giant published a provisional code of conduct on Monday that requires its future models to remain under human control, accept correction, shut [...]
Anthropic boss warns AI could ‘outrun our ability’ to control it September 13, 2026 Anthropic boss Dario Amodei has called for the AI industry to slow the development of its most powerful models, warning that progress is moving “drastically faster” than safety work can keep up. In an essay published on Saturday, Amodei said frontier AI companies should deliberately pace advances in model capabilities, open their systems to independent [...]