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Quantum computing: A tech race Europe could win?
The prize, then, for the company that is first to build a reliable quantum computer at scale is potentially enormous. It will be “winner-takes-all”, as it was for classical computers and IBM, predicts Peronnin. And, he reckons, there is a fighting chance that his or another French company will be that winner.
Covid Inquiry to probe furlough and business loans
The third stage of the Covid-19 Inquiry begins hearing evidence on Monday focusing on the measures taken to support workers’ incomes and keep businesses afloat when the pandemic struck. It will focus on what action the UK government, devolved administrations in Scotland, Wales and Northern Ireland, and local authorities took, how well schemes were designed…
Interest rates expected to be held as Budget looms
Kevin PeacheyCost of living correspondent Getty Images Policymakers at the Bank of England are widely expected to hold interest rates at 4% following their final meeting before the chancellor’s Budget. Some Bank watchers have suggested that the latest inflation data could strengthen the case for a cut, but most commentators think such a move is…
Trump signs order blocking states from enforcing own AI rules
US President Donald Trump has signed an executive order aimed at blocking states from enforcing their own artificial intelligence (AI) regulations. “We want to have one central source of approval,” Trump told reporters in the Oval Office on Thursday. It will give the Trump administration tools to push back on the most “onerous” state rules,…
