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Sam Altman backs Anthropic in AI battlefield row with Pentagon
Posted onOn Friday morning, groups representing roughly 700,000 tech workers within Amazon, Google, and Microsoft, all companies that have their own contracts with the Defence Department, signed an open letter urging the companies they worked for to also “refuse to comply” with the Pentagon’s demands.
Watch: Is there an AI stock market bubble, and is it ready to burst?
Posted onDespite the Iran war, rising inflation and worries about rising government debt, US stock markets continue to hit all-time highs this year. That’s largely driven by the huge boom in investment in Artificial Intelligence. The apparent mismatch between sky high stock market valuations and the real economy is beginning to set off some alarm bells…
Faisal Islam: Mandelson, Darling and the conversation I cant forget
Posted onWhile the office got built, the bonus tax remained and JP Morgan did not, in the end, stop buying gilts, this episode is an incredible live example of the relative power of government and financial markets, of the actual dynamics of the “bond vigilantes”.
Gold price rises after US captures Venezuelas Maduro
Posted onPrecious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors’ concerns about geopolitical risks. In Monday morning trade in Asia, gold was about 1.8% higher at around $4,408 (£3,282) an ounce, while silver was up close to 3.5%, as money was moved into so-called “safe-haven” assets. Meanwhile, crude oil…
Bournemouth food bank relaunches 14 months after flood
Posted onBBC Project manager Vikki Longman said people needed more than food A food bank that was damaged due to flooding 14 months ago has officially re-opened and rebranded. Kinson and West Howe Foodbank in Bournemouth, next to St. Andrew’s Church, has launched a larger, free community service known as The Sanctuary Project. Described as a…
