Search articles

“John Healey should “stay the course” and continue repairing the UK’s public finances, the International Monetary Fund’s top economist has said, after the fund lifted its growth forecast for Britain.”

“OpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in demand for AI.”

“Now, the AI industry – with its high salaries and the astronomical paydays it promises shareholders when firms go public – is pushing rents higher still.”

“Over the coming six weeks Burnham will gauge public support before setting out future options for the UK’s long term relationship with the UK’s largest market.”

“She also stressed the importance of tackling some of the risks of AI, which has buoyed the US stock market but raised fears of mass layoffs.”

““One possible trigger could be a shift in sentiment towards the AI investment boom, which is increasingly fuelled by expectations of sustained rapid earnings growth and a debt-financing cycle that is becoming more opaque and circular,” the report said.”

“Separately, second-quarter GDP data – the broadest measure of the economy’s health – showed that the US economy grew at a solid clip, driven by robust consumer spending and business investment related to the buildout of AI infrastructure.”

“Smart ring maker Oura Inc says it is postponing a planned initial public offering due to market “uncertainty”.”

“Australian politicians and business leaders are arguing that their populace’s growing resentment of AI datacentres is an inauthentic import from the United States.”

“Airtel Money, a payments processor that operates in 13 African countries and should be worth between £6bn and £7bn, is a welcome addition to the stock market but it would be a stretch to say the event marks a definitive change in the weather to end the…”

“Resurgent oil prices and inflation are weighing on markets but US tech stocks surged on Monday after Facebook owner Meta debuted its new Muse AI agent and saw its shares rise 11%.”

“These would, he said, be financed by higher economic growth due to the Lib Dem proposal to seek entry to the EU’s single market.”

“Albanese signs declaration with world leaders urging human control over AI Anthony Albanese has joined the leaders of more than 20 countries in signing a statement calling to bring the rapid growth of artificial intelligence under control.”

“Perhaps a government-backed AI “pause” could prevent cheaper Chinese options from encroaching on Silicon Valley’s market dominance, for example.”

“Powered by the AI revolution, the US stock market had rallied to a fresh all-time high, as investors bet the multitrillion-dollar investment spree would overshadow the hit from the Iran war.”

“Europe’s dilemma over AI was rendered in stark terms this week.”

“Next, which has more than 500 stores across the UK, said in a stock market update on Thursday: “The first half was much better than we originally anticipated, both in the UK and overseas.”

“A Guardian Australia spokesperson said: The growth of a domestic AI sector should not – and need not – occur at the expense of established cultural and publishing industries by weakening copyright laws.”

““The UK labour market could be heading for a rockier autumn, as rising energy bills and pre-Budget tax uncertainty increasingly curb hiring intentions, resulting in moderately higher unemployment and lower pay growth.”

“…ugh new residency requirements, ministers have announced. - AI | Donald Trump has dismissed calls to increase controls on AI as a “sick conspiracy”, as stocks linked to the technology slumped after appeals from Anthropic, OpenAI and SpaceX leaders on the…”

“The market swings come after the chief executive of Anthropic, Dario Amodei, appealed for the AI industry to “slow down”.”