ChatGPT-maker Open AI pushes out co-founder and CEO Sam Altman November 18, 2023 The board of ChatGPT-maker Open AI said it has pushed out its co-founder and chief executive Sam Altman after a review found he was “not consistently candid in his communications” with the board. “The board no longer has confidence in his ability to continue leading OpenAI,” the company said in a statement. Mira Murati, OpenAI’s [...]
Jeremy Hunt says now is the moment for growth as he signals tax cuts November 18, 2023 Jeremy Hunt has given his strongest hint yet that he will announce tax cuts in his autumn statement, as he considers cutting those on inheritance and businesses while squeezing benefits by billions. Ahead of Wednesday’s financial announcement, the Chancellor said that now is a “turning point for the economy” and that “this is the moment” [...]
Sam Altman dumped by ChatGPT creator OpenAI November 18, 2023 OpenAI has dramatically sacked its CEO Sam Altman amid accusations of not being truthful with board members.
Stability AI exec leaves amid concerns over ‘fair use’ disagreement with $101m startup November 17, 2023 A top exec at a British AI startup has resigned because he is opposed to the company's method of using copyrighted work to train its model.
Paris Saint-Germain chief: Minority sale can ‘take business to next level’ November 17, 2023 PSG are closde to agreeing a deal, likely with a US private equity firm
Why has levelling up failed? November 17, 2023 Levelling up has become a semi-religious mantra to which Labour has joined in the ubiquitous chanting. Yet the scheme has been mired in criticism – its selection process was condemned as “corrupt” and local authorities are struggling to spend their lot.
Autumn statement: Hunt to receive OBR forecast as he eyes inheritance tax cuts November 17, 2023 Earlier this week the Chancellor said he would use Wednesday’s autumn statement to address labour supply issues and business investment
Airbnb, Booking.com and Expedia sign post-Brexit deal to share guest data with ONS November 17, 2023 The data from Airbnb could provide reliable evidence to help policymakers arrive at informed decisions on short-term accommodation.
Thames Water: Debt-laden firm announces more redundancies before Christmas November 17, 2023 Only this week, it was announced Thames Water will be forced to pay £73.7m back to customers for failing to meet performance targets.
Retail sales fall to lowest level in two years as inflation bites November 17, 2023 Retail sales volumes have fallen for the second month in a row — slumping to their lowest level since 2021— as consumers continued to feel the impact of inflation, Office for National Statistics (ONS) data showed. Sales volumes fell 0.3 per cent month-on-month in October and 2.7 per cent year-on-year. However, consumers are spending more. [...]