Goldman Sachs-backed firm bets on local data

Nordic IT services outfit Advania, which is part of Goldman Sachs Alternatives’ portfolio, has decided to splash out on building multi-tenant sovereign AI clouds in every one of its seven markets.

Fruity cargo cult’s chip clout under threat

The fruity cargo cult Apple may be about to lose its long-held grip over TSMC as Nvidia muscles in with a deluge of orders for high-performance computing parts and AI kit.

Insist OpenAI gamble will pay off

Oracle’s new dual boss setup has come out swinging in defence of its expensive data centre expansion, insisting the firm is uniquely placed to make artificial intelligence useful for businesses.

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.

Big Blue’s consulting boss warns that AI agents are coming for the old guard

IBM Consulting boss Mohamad Ali has warned that consultancies will have to reinvent themselves as software companies if they want to survive the artificial intelligence revolution.

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.

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.

The zero-day king finds a new way to scare everyone

Software King of the World, Microsoft, famous for its zero-days, now says it has discovered one in DNA biosecurity systems.

Both sides rejigging their offerings

Nvidia and AMD are frantically revising their next-gen AI designs in an effort to out-muscle each other, with power budgets and memory bandwidth figures spiralling upwards.

Inventor pushes for user-owned data and a CERN-style AI project

World Wide Web inventor Tim Berners-Lee reckons the internet is in a mess, hijacked by social media platforms that turned people into products rather than customers.