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Nvidia to invest $5bn in rival Intel
Nvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel – a lifeline for its struggling rival on the heels of a separate investment from the US government. The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and…
North Sea oil and gas firm Petrofac files for administration
Angus CochraneBBC Scotland News Petrofac Petrofac has offices in Aberdeen, London, Woking and Greater Yarmouth Energy services firm Petrofac has filed for administration. The company, which employs about 2,000 people in Scotland, said its North Sea business would continue to operate as normal. In a statement, Petrofac said it had applied to appoint administrators for…
Back to books – Swedens schools cutting back on digital learning
Without such measures, younger children from richer families, whose parents are more likely to be able to help them understand how to use AI tools, will gain an advantage creating a “digital divide”, warns Prof Linnéa Stenliden, at Linköping University’s Department of Behavioral Sciences.
Bigger than the Shard: Banking giant announces new £10bn office
PA Media The new development could bring 7,800 jobs to the area Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK’s economy by £10bn. The firm said at three million square feet (280,000 sq m), the building would have double the…
