News - subcat

Bank of England fears AI bubble about to pop
Published in AI


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.

Anthropic at odds with Trump's AI Tsar
Published in AI
Friday, 19 September 2025 09:16

Anthropic at odds with Trump's AI Tsar


Regulation over the free market

While other tech titans toasted President Donald Trump at a White House cheese and nibbles, Anthropic's CEO Dario Amodei [pictured] stayed in California to fight what he sees as an existential drift.

Anthropic’s Claude falls flat on its face
Published in AI
Thursday, 11 September 2025 09:52

Anthropic’s Claude falls flat on its face


Developers forced to code like cavemen

Panic erupted among developers yesterday when Anthropic’s Claude went belly up for half an hour, forcing them to write code using their own brains.

OpenAI’s GPT-5 wins over enterprise despite user backlash
Published in AI


Corporates chase speed, cost, and brainpower

OpenAI might be taking flak for GPT-5’s "less intuitive" feel, but the enterprise crowd is lapping it up. The chatbot’s newly launched brainchild is already getting jammed into products across the coding and productivity world.

OpenAI snares $8.3bn as it angles for IPO
Published in AI
Monday, 04 August 2025 10:11

OpenAI snares $8.3bn as it angles for IPO


Investors line up for a slice

OpenAI has managed to wangle $8.3 billion from venture capitalists and private equity outfits desperate not to miss the AI hype train, as it eyes an eventual IPO.

AWS hits capacity wall
Published in Cloud
Friday, 01 August 2025 09:45

AWS hits capacity wall


Amazon boss blames chips and power for lagging GenAI performance

Amazon supremo Andy Jassy does not appear to be sweating over whether his outfit can keep pace with Microsoft and other AI-obsessed cloud vendors.

Intel slashes 5,000 more jobs in brutal cull
Published in News


Axe in the corridors

Troubled Chipzilla is showing no mercy as it swings the axe on more than 5,000 employees across four US states in its latest bid to slash costs.

OpenAI plans own browser
Published in AI
Thursday, 10 July 2025 09:30

OpenAI plans own browser


Altman eyes Google's ad cash and your data

OpenAI is reportedly gearing up to lob an AI-powered browser into the ring, taking a swing at Alphabet’s Chrome and hoping to nick a chunk of the Google empire’s advertising goldmine.

AI firms race to fix sycophantic chatbots
Published in AI


Before users get too comfortable

OpenAI, Google DeepMind and Anthropic are working to rein in a growing problem with their chatbots: excessive flattery. The models are increasingly prone to giving users agreeable responses that prioritise validation over accuracy.

Meta to splash $15bn on Scale AI stake
Published in AI
Thursday, 12 June 2025 09:23

Meta to splash $15bn on Scale AI stake


Zuckerberg goes headhunting to close AI gap

Meta is reportedly throwing $15 billion at Scale AI for a 49 per cent stake, desperately trying to headhunt is way up the AI pecking order after being left in the dust by OpenAI, Anthropic and Google.