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Bank of England warns of AI bubble risk
Posted onArchie MitchellBusiness reporter PA Media The Bank of England has warned of a “sharp correction” in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble. It said share prices in the UK are close to the “most stretched” they have been since the 2008 global financial crisis, while equity…
Tesla plans to pay Musk $1tn – do they really need him that much?
Posted onLucy HookerBusiness reporter Getty Images A great leader is a huge asset for company, of course, but can anyone be worth $1 trillion? That is the pay packet Tesla shareholders have approved for Elon Musk, as long as he meets the targets they have set over the next 10 years. In the meantime he won’t…
Japanese brewing giant Asahi hit by cyber-attack
Posted onJapanese brewing giant Asahi has been hit by a cyber-attack that has caused a “systems failure” affecting the company’s shipping and customer service operations. Asahi said there had been no “confirmed leakage of personal information of customer data” and its European operations, including the UK, were not affected. But the company said that its order…
What Effect Will AI Have on Construction?
Posted onSed arcu non odio euismod lacinia. Sit amet cursus sit amet dictum sit. Nunc pulvinar sapien et ligula ullamcorper. Pellentesque diam volutpat commodo sed egestas. Tellus elementum sagittis vitae et leo duis ut diam quam. Eleifend donec pretium vulputate sapien nec sagittis aliquam malesuada bibendum. At risus viverra adipiscing at in tellus. Duis at tellus…
