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Why has the price of silver hit a record high?
Posted onThe price of silver has hit a record high ahead of an expected US Federal Reserve interest rate cut and as demand from the technology industry for the precious metal remains high. Silver crossed $60 (£45.10) an ounce on the spot market, where the precious metal is bought and sold for immediate delivery, for the…
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…
Fujitsu not a parasite for profiting after Horizon scandal, says boss
Posted onArchie Mitchelland Esyllt Carr,Business reporters Parliament TV Fujitsu’s European boss Paul Patterson answered questions from the Business and Trade Committee Fujitsu is “not a parasite” for continuing to profit from government contracts in the wake of the Post Office Horizon scandal, its boss told MPs. European chief executive Paul Patterson said Fujitsu had been given…
Anthropic says Pentagons supply chain risk designation will have limited impact on its business
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anthropic has said the Pentagon’s designation of the AI lab as a supply chain risk will not affect the “vast majority” of its customers as it vowed to fight the measure in court. The defence…
