
Morgan Stanley uses AI to modernise ancient code
And they said it could not be done
While most of Big Tech is still fumbling with AI tools that choke on COBOL, beancounters Morgan Stanley has quietly rolled out a GPT-based system to deal with the crusty legacy code clogging up its systems.

Beijing blocks Apple-AI rollout with Alibaba
Worried that Apple might get Chinese intelligence
The Fruity Cargo Cult Apple’s plan to launch its flashy new artificial intelligence kit in China is going nowhere fast, thanks to regulators in Beijing dragging their feet. The snag seems to stem from an unfortunate side effect of Donald Trump’s trade war.

TSMC says AI chip war doesn’t matter
All roads lead to TSMC
The head of TSMC reckons it doesn’t really matter whether GPUs or ASICs win the AI chip race. Either way, the orders are heading back to his outfit.

Builder.ai’s AI was fake
Startup torched $450 million on fake bots and now it’s skint
The wheels have finally come off Builder.ai, the British AI startup that was supposedly revolutionising no-code development and is now begging for bankruptcy protection across five countries.

Troubled chipzilla bangs on about its AI chops
Claims Lunar Lake Core Ultra 200V runs rings around rivals
Troubled Chipzilla is trying to claw back relevance in the laptop game, and it seems like its latest Lunar Lake platform might deliver a proper AI punch. If you believe Intel's own benchmarks.