Tech giants are spending big on AI in rush to dominate the boom
Earnings reports from Meta, Alphabet and Microsoft reaffirm that that giants are ramping up their spending on artificial intelligence, as they rush to reap the...
Microsoft outage: Heathrow, NatWest and Minecraft among sites down
Microsoft 365 and its Azure cloud computing platform are hit with DNS issues, similar to Amazon’s recent outage....
Nvidia hits new milestone as world’s first $5tn company
The US chip-maker has rapidly climbed from a niche graphics-chip manufacturer to an AI titan....
Character.ai to ban teens from talking to its AI chatbots
The AI chatbot app, which has millions of users, said it was responding to parents and regulators....
Government set to miss 1.5m target, housebuilders warn
Housebuilders tell the government’s budget watchdog the new homes target for England is too optimistic....
Next continues to profit after M&S cyber-attack
Next is now expecting to report a pre-tax profit of just over £1.1bn at the end of January 2026....
The AI job cuts are here – or are they?
Amazon’s latest cuts fed into anxiety about AI replacing workers. But some are sceptical that recent layoffs are a telling sign of how AI is...
Reeves vows to ‘defy’ gloomy economic forecasts
The chancellor says investment is the answer to boosting the UK’s productivity performance....
OpenAI completes shift to becoming for-profit
The deal will see long term investor Microsoft retain a 27% stake in the ChatGPT-maker....
Productivity downgrade may add £20bn to Budget hole
The OBR is understood to have downgraded the UK’s productivity level in early Budget forecasts...