Bank of England fears AI bubble about to pop
Threadbare faith in AI valuations
The Bank of England has warned that the frothy optimism inflating the world’s biggest tech stocks could soon splatter across trading floors, saying the risk of a “sharp market correction” has grown alarmingly.
Money maths doesn't add up
OpenAI is signing about $1 trillion (€940 billion) in deals this year for computing power to keep its artificial intelligence dreams humming.
AI killing the internet
Users ditch clickbait for instant answers
A new study by Loopex Digital shows that major websites are haemorrhaging visitors as users increasingly turn to AI chat tools instead of clicking through to traditional pages.
Ive and Altman struggle to make OpenAI’s dream gadget work
Screen-free AI gizmo
The Dark Satanic Rumour mill has manufactured a hell on earth yarn claiming that the former Fruity Cargo Cult Apple’s design messiah Jony Ive and OpenAI supremo Sam Altman are wrestling with technical headaches that could derail the launch of their secretive artificial intelligence device next year.
Brussels plots AI independence drive
AI strategy aims to cut ties with US and Chinese tech
Brussels is preparing to throw itself into the artificial intelligence race with a plan to reduce its reliance on foreign companies and promote homegrown platforms instead.