Nvidia tanks as Chinese AI startup Deepseek spooks global markets January 27, 2025 Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
Dispatch from Davos 2025: Did Reeves impress? January 24, 2025 Rachel Reeves promised to "sell Britain" at Davos 2025, but did she succeed? Comms afficionado Zaki Cooper reports from the Swiss Alps.
Green belt site near M25 to host Europe’s largest AI data centre January 24, 2025 Plans for Europe’s largest cloud and artificial intelligence (AI) centre near the M25 in Hertfordshire have been approved, in wake of the UK launching its so-called ‘action plan’. The state of art facility will be built near the Elstree substation, 30 minutes from central London, and will span up to two million square feet, carrying [...]
Starmer’s AI plan confirms one thing: Britain is falling behind January 23, 2025 Britain is falling further behind in the AI race - and the government’s new AI strategy confirms it, writes Alexandra Mousavizadeh.
Trump launches $500bn AI investment round with big tech bosses January 22, 2025 Donald Trump announced a “monumental” round of investment in artificial intelligence infrastructure, backed by some of the biggest tech firms in the US. OpenAI’s Sam Altman and Oracle’s Larry Ellison, appeared with President Trump in the White House yesterday to unveil the Stargate Project. The company will start with an initial $100bn investment round to [...]
Public sector tackles inefficiency with new AI tools January 21, 2025 The government has launched a new digital strategy to modernise public services, using a series of artificial intelligence (AI) tools to fix government inefficiency. The science and technology secretary Peter Kyle announced the initiative following a review which revealed various efficiencies within the government. Daily, HMRC was dealing with over 100,000 phone calls, while DVLA [...]
‘Tone deaf’: Much-hyped AI bot triggers backlash with mock Trump email January 21, 2025 Much-hyped AI startup Boardy faced backlash from users on Monday after a “tone-deaf” email campaign commented on its users’ appearance in the mock tone of Donald Trump. Boardy, a tech start-up which aims to forge connections between professionals, sent a mass email to its customers yesterday imitating the newly inaugurated president. However, users were left [...]
UK ranked second-best investment target by global CEOs January 20, 2025 The UK has been ranked as the second most attractive country to invest in by global CEOs, behind only the US, as British CEOs feel confident about growth in the country’s economy. This is the first time that the UK has been ranked second in the 28-year history of PwC’s CEO Survey. “Our CEO survey [...]
UK economy: Firms are optimistic but Trump’s trade wars loom large January 20, 2025 British business leaders are optimistic about growth potential but most are concerned about Trump's US tariffs and the impact of trade wars on their businesses.
UK consulting sector to grow for next two years as AI’s impact expands January 20, 2025 The British consulting sector is expected to grow by single-digit growth in the next 12 months, with a near 9 per cent increase predicted for 2026 with eyes on AI