UK government set to speed up regulation of AI models like ChatGPT and Google Gemini April 15, 2024 New legislation would likely limit the production of large language models such as ChatGPT and Google's Gemini.
Crunch time: Cérélia forced to sell Jus-Rol after court dismisses appeal April 12, 2024 French pastry maker Cérélia has been ordered to sell frozen pastry Jus-Rol after losing an appeal against the competition watchdog. US based food company General Mills, which owns Jus-Rol, announced in November 2021 that it agreed to sell its European dough businesses to Cérélia. With an annual turnover of €800m (£682m), Cérélia brands include Croustipate, [...]
UK and Korea prepare for second AI safety summit in Seoul April 12, 2024 The UK and the Republic of Korea are gearing up for the second Artificial Intelligence (AI) Safety Summit, set to be held in Seoul on 21 and 22 May.
Competition watchdog issues warning on AI foundation models like ChatGPT April 12, 2024 The CMA said it is concerned about the concentration of market power among a handful of incumbent technology giants' AI models.
Has Tesco benefited from people trading down? April 10, 2024 Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers.
Regulator floats reversal of key part of Mifid II as current rules ‘restrict’ UK asset managers April 10, 2024 It said today that following a consultation, it will open up new doors by giving them more freedom and choice in how they pay, amid concerns it makes UK asset managers internationally uncompetitive.
Shell looking at “all options” on “undervalued” London listing April 8, 2024 Wael Sawan, the head of the largest company on the FTSE 100, described London as an "undervalued location".
London-listed veterinary services firm CVS hit by cyber attack. Here’s everything we know so far April 8, 2024 It said after realising it was under attack CVS "took immediate steps to isolate the issue and, to prevent wider unauthorised access", taking its IT systems offline.
Grand Designs’ Kevin McCloud: Big builders are artificially driving up house prices for profit April 7, 2024 Most of the issues in the market can be traced back to the big builders that dominate the sector, TV presenter Kevin McCloud, told City A.M.
Competition watchdog escalates probe into Vodafone-Three tie-up April 4, 2024 The competition watchdog's formal phase two review will investigate whether the deal could harm competition in the UK's telecoms sector.