BUSINESS

The Public Accounts Committee (PAC) shed light on computer errors within the Department for Work and Pensions (DWP) that resulted in 165,000 individuals missing out on £1.2 billion in the preceding year.

Described by Google as "its most capable model yet", Gemini is the first to be announced since last month's global AI safety summit.

According to the UK's communications regulator Ofcom, Amazon and Microsoft owned 70 to 80 per cent of the nation's cloud computing market in 2022.

We shouldn't get carried away with the recently spotted reference to Windows 11 24H2 because it could be a typo or a placeholder name for next year's release.

The mystery surrounding the OpenAI's board decision to remove CEO Sam Altman has left an aura of uncertainty around the high-profile AI startup.

The major challenges facing the labor market today require creative solutions to future-proof the workforces and workplaces of tomorrow.

By incorporating the "synergy principle" and employing 128 sensors on the forearm, the researchers involved aim to make prosthetic control more intuitive for patients.

The retail giant plans to achieve this by implementing a series of measures, including pay increases aligned with the true cost of living and year-end bonuses tied to the company's FY23 performance.

Some 5.8 million tonnes of garment materials are discarded each year, in response, fast-fashion brands have pledged to reverse the effects of "overproduction and overconsumption of clothing".

The World Bank's failure to act on early warnings and reports of sexual abuse has perpetuated a culture of impunity.

AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.

The firm has secured £107 million from investors and is now pursuing a total of $1 billion (£0.8 billion) in equity financing.

The intensification of the London climate protests underscores the urgency many feel regarding environmental issues like the Just Stop Oil movement.

Microsoft believes its plans to create a large AI infrastructure in the UK will help create jobs, improve services and protect public security.

A group of researchers recently discovered that ChatGPT could reveal personal information when it is asked to repeat words.

Vinod Khosla, an investor in OpenAI. claims the much-awaited GPT-5 would boast unparalleled capabilities.

The agreement between OpenAI and Rain AI signed in 2019, committed OpenAI to the substantial investment once the chips became available.

Rightmove foresees sellers having to adopt more competitive pricing strategies in 2024 to secure transactions.

In the dynamic business world, the desire for success has never been greater, but it has also never been as challenging as it is today, considering the intense competition in all areas.

According to Christopher Pissarides, a shorter workweek will not necessarily result in a loss in pay.

Meta's AI chief Yann LeCun said Nvidia CEO Jensen Huang has much to gain from the AI craze.

At Elon Musk's 44th birthday party in 2015, Larry Page and the Tesla CEO argued about AI so severely that it ended their friendship.

The latest research from the consumer group Which? unveiled that 9.8 per cent of surveyed households admitted to missing or defaulting on payments for loans, credit cards, housing, or household bills during that period.

This is the third and most substantial round of layoffs for Spotify this year, a move attributed to pressure from an activist investor.

After Brexit, around 92,000 EU workers left the hospitality sector to return to their home country, leaving hospitality leaders pushing vacancies onto young people.

Absci, a drug and target discovery company, has been harnessing the power of deep learning AI to develop new and existing disease treatments.

This artificial intelligence tool is particularly significant in combating the issue of counterfeit wines infiltrating the market.

UK Hospitality says businesses are left in "crisis" mode after the recent Autumn Statement announced that the standard business multiplier would increase by more than six per cent.

One of the recently appointed board members at OpenAI, Larry Summers has emphasised the importance of operating as a corporation with a conscience.