Big Tech results: Alphabet soars as Meta meta sinks on spending plans Tech The four largest AI players reported quarterly earnings simultaneously for the first time on Wednesday, delivering a broadly positive set of results that nonetheless triggered a sharp divergence in after-hours share price moves. Alphabet led the pack, with Google’s parent company posting revenue of $109.9bn (£81.6bn) a 22 per cent rise on the same period [...]
Exclusive: Lloyds in tie-up with Google to build AI agents Banking Lloyds Banking Group has formed a tie-up with Google as the financial services giant sets its sight on building its own AI agents, City AM can reveal. The blue-chip lender is leveraging Google Cloud – the tech giant’s suite of computing services – and the bank’s existing Large Language Model to create a new internal [...]
King’s Cross puts London on the AI map AI A description of King’s Cross a little over 20 years ago sounds like something from a Dickens novel. It was “a place of decay, dereliction, crime and filth” – known for drugs and prostitution. Some readers may remember its rave scene but for most people it was a no-go area. That opening description comes from [...]
Starmer targets social media giants as Kendall faces AI legal threat April 16, 2026 Sir Keir Starmer has called senior executives from Snap, Tiktok, Snap and Meta into Downing Street, as ministers double crack down on Big Tech’s effects on child safety. The meeting comes as tech secretary Liz Kendall faces mounting scrutiny over the government’s use of AI in the same consultation process. Starmer will tell the firms [...]
Google partners with Opentable with AI that books your dinner April 10, 2026 Google has taken a swipe at the restaurant booking market, rolling out AI in the UK that can line up your next reservation directly from search. The new feature, launched on Friday, lets users describe exactly what they want, with Google’s AI then scanning the web for real-time availability and serving up bookable options in [...]
Broadcom tightens grip on AI infrastructure with Anthropic, Google deal April 7, 2026 Broadcom’s latest agreement with Anthropic and Google strengthens the chipmaker’s position as one of the key firms sitting underneath the AI boom, as AI firms race to lock in even larger amounts of compute. Under the new arrangement, Anthropic will have access to multiple gigawatts of Google tensor processing unit (TPU) capacity from 2027, while [...]
US AI firms team up to avoid another Deepseek moment April 7, 2026 US artificial intelligence (AI) heavyweights are together stepping up to protect their commercial edge, as Chinese rivals increasingly chip away at their pricing power. Google, Anthropic and OpenAI have begun sharing information on rivals trying to replicate their models through distillation, Bloomberg reported on Tuesday. The united effort has been coordinated through an industry non-profit, [...]
UK eyes London expansion for Anthropic after US defence clash April 5, 2026 The government is looking to lure AI giant Anthropic to expand its presence in the UK, in a bid to capitalise on the start-up’s clash with the US defence deparment. First reported in the Financial Times, staff at the Department for Science, Innovation and Technology (DSIT) have sketched out proposals for the $380bn (£287.4bn) company, [...]
Look East to understand how AI is shaping the future April 2, 2026 While the West is still debating an AI bubble, China and Singapore are developing strategies to adapt to the forthcoming civilisational change, says Lewis Liu Over the past few months, I’ve spoken with hundreds of asset managers, pension funds, central banks, and sovereign treasuries about AI, collectively managing over $100tn in assets. The same three [...]
Social media bosses not serious about safety, says MP March 28, 2026 Tech bosses have not been “serious” about social media safety, an MP who formerly worked on Meta’s AI ethics team has said. In an interview with the BBC, former minister Josh Simons said a recent court decision finding Meta and Google liable for a woman’s childhood social media addiction should “terrify” tech chiefs. The jury [...]