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The Swiss city that lets you pay for most things with bitcoin
John LaurensonBusiness reporter, Lugano, Switzerland AFP via Getty Images Shops and restaurants across the Swiss city of Lugano now accept bitcoin In a McDonald’s by a lake surrounded by mountains, in the centre of the Swiss city of Lugano, a customer orders coffee. “Can I pay with bitcoin?” he asks, and the person behind the…
US and Asia stocks slide as AI jitters persist
A burst of solid business news in the US was supposed to calm markets, which have been in retreat in recent weeks. But strong sales at artificial intelligence (AI) chip giant Nvidia and the world’s largest retailer Walmart, better-than-expected hiring in September, and even a pickup in home sales have so far done little to…
Data centres: The new tech stopping chips from overheating
Chris BaraniukTechnology Reporter The Washington Post via Getty Images Data centres can’t function without cooling systems They work 24/7 at high speeds and get searingly hot – but data centre computer chips get plenty of pampering. Some of them basically live at the spa. “We’ll have fluid that comes up and [then] shower down, or…
Watch: BBC explains closing arguments of the Musk-Altman trial
Over the past three weeks, Elon Musk and his lawyers have argued in a California federal court that Sam Altman – with whom he founded OpenAI – has swindled him out of millions of dollars and reneged on the ChatGPT-maker’s original non-profit mission. Musk and Altman themselves testified in a case in which the future…
