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Thames Water rescue plan attacked by excluded bidders
Posted onSimon JackBusiness editor Reuters A rescue proposal by lenders to Thames Water has been criticised by other potential bidders, frustrated to have been frozen out of talks on the future of the UK’s biggest water utility. Thames Water is running out of money and is living on an emergency lifeline from the group of lenders…
UK regulator asks X about reports its AI makes sexualised images of children
Posted onOfcom has made “urgent contact” with Elon Musk’s company xAI following reports its AI tool Grok can be used to make “sexualised images of children” and undress women. A spokesperson for the regulator said it was also investigating concerns Grok has been producing “undressed images” of people. The BBC has seen several examples on the…
Three questions AI needs to answer
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If 2024 was the year of experimentation with generative AI, then last year was one of implementation. Hundreds of thousands of businesses, as well as many hundreds of millions of individual users, applied the technology…
