Rise Of The Machines? OpenAI, Microsoft To Invest In Robots That Think Independently
If rumours turn out to be true, Microsoft and OpenAI might be putting up to $500 million (£394.92 million) in Figure AI.
UK Opposition Labour Courts Business Before Election
With a UK general election looming, the country's main opposition Labour party is starting to persuade business and financial sector leaders that it can be trusted to grow the economy.
Greta Thunberg Joins March Against Airport Expansion For Private Jets In UK
The protesters have called for a complete ban on private jets.
Will the New 'Firm But Fair' Legal Migration Measures Help the UK Workforce?
UK to introduce new legal migration measures from March which is aimed at reducing the number of immigrants and promoting ease of business in the country, preventing undercutting of the UK workforce.
50% Of Business Leaders Want Keir Starmer As Next Prime Minister
Corporate leaders have said that they would have more business confidence if the Labour Party win the next general election.
Hidden US Prison Workforce Linked To McDonalds, Aldi And Coca-Cola
A new AP investigation has tied US giants like McDonalds and Walmart to manual prison labour in Louisiana State Penitentiary.
CMA Research Reveals Insights into UK Labour Market Competition and Power
The report's focus encompassed the concentration of employers, the prevalence of non-compete clauses and the recent surge in hybrid working arrangements.
Stocks Steady While Oil Prices Back Off Three-month Highs
European and US stocks were mostly flat Monday at the start of a week packed with major earnings and data in addition to central bank decisions on interest rates.
Netflix Adds Generative AI To Competitive Risk Factors In Its Annual Report
In its annual report, filed with the U.S. Securities and Exchange Commission (SEC) on Friday, Netflix added generative AI to its list of risk factors, a section required under SEC rules.
US Indices Finish At Fresh Records As ECB Pauses Rates Again
Wall Street indices finished at fresh records Thursday on the back of strong US economic growth data while European stocks edged higher despite the European Central Bank signaling it was too soon to start considering interest rate cuts.
AI Won't Take As Many Jobs As Expected, Suggests New Study
While several reports have emerged recently sounding the alarm for job loss due to the impact of AI, a new study has said the damage may not be as bad as anticipated.
New Net Zero Funding for UK Businesses in Non-Industrial Areas Announced
The UK government is helping UK businesses across various sectors to make the net zero switch to green energy with a new net zero funding announcement of £190 million to 12 projects.
Most Asian Markets Rise After Wall St Record
Most Asian markets rose Monday following a record finish on Wall Street, but hopes for an early US interest rate cut were dealt a fresh blow by Federal Reserve officials looking to rein in investor expectations.
Around 85% of UK Travellers Changed Plans Due To Cost-of-living Crisis in 2023
A new study revealed how the UK hospitality industry can use personal touch coupled with technology like AI and automation to lure UK travellers to rebook the same hotels in the cost-of-living crisis.
Getty Images CEO Calls for Supporting Creative Industries With Licensed Imagery AI Training
Getty Images CEO Craig Peters thinks licensed images could be used for AI training as the UK government says it would take a balanced approach to support both the UK creative industry and AI companies.
Go In To The Office Or AI Will Replace You, Says PwC's UK Boss
Kevin Ellis said as AI is poised to take on routine tasks traditionally given to younger workers, junior staff should seek promotions by regularly working in the office.
Sam Altman Reveals 3 Critical Sectors Where ChatGPT Will Make The Biggest Impact
Sam Altman believes the true potential of AI systems lies not in replacing workers, but in improving their abilities in 3 critical sectors.
Asian Markets Track Wall St Higher After Tech Surge
Asian markets rose Friday following a tech-led rally on Wall Street that helped soothe traders' concerns that the Federal Reserve will likely not cut interest rates as early or by as much as hoped this year.
United Nations Chief Urges Swift Action to Safeguard Against Unchecked AI Growth
Speaking at the World Economic Forum (WEF) meeting in Davos, Guterres drew parallels between the risks associated with AI and those posed by the climate crisis.
UK Launches New Tech Partnership With Ukraine To Prevent Economic Collapse
To protect Kyiv from bankruptcy, the UK and Ukraine have launched a tech programme that will allow for international networking and business collaborations.
UK Wage Growth Continues To Slow And Threaten Labour Market
The Office For National Statistics reports that the annual rate of growth in earnings, including annual bonuses, has slowed to 6.5 per cent.
Over 250 Richest People In The World Ask Politicians To Tax Their Wealth
Wealth inequality has become a highly divisive issue.
Google Eliminates Hundreds Of Jobs In Ad Team Tweak
Google on Tuesday confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use artificial intelligence for efficiency and creativity.
Generative AI Threatens Google's Hold On Search Engines, Says Microsoft Boss
Microsoft is one of the world's leaders in the development of generative AI, which it is embedding into its popular business software products.
Widening Wealth Gap: World's First Trillionaire Predicted in a Decade as the Poor Gets Poorer
The world's billionaires have collectively become £2.6 trillion richer since 2020, growing their wealth at a rate three times faster than inflation.
European Stock Markets, Oil Prices Retreat
European stock markets fell Monday as data showed Germany's economy shrank last year, while oil prices cooled despite fresh US-UK strikes on Huthi targets in Yemen.
The Development Of Artificial Intelligence Is Threatening 40% Of Jobs Worldwide
As world leaders discuss new AI regulation laws, an investigation found that the technology is set to affect almost half of the industries on a global scale.
IMF Chief Says AI Holds Risks, 'Tremendous Opportunity' For Global Economy
Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity levels and fuel global growth, the IMF chief told AFP.
Sven-Goran Eriksson Given 'One Year Left To Live' Amid Terminal Cancer Diagnosis
Eriksson was the first foreigner to have been appointed as England manager.
London Mayor Urges Closer UK Ties With EU
London's mayor on Thursday called for closer ties with Europe and a better debate about immigration as he branded Brexit a "key contributor" to Britain's cost-of-living crisis.