Search Results for: artificial intelligence

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China’s position on open-source artificial intelligence (AI) is upending the global AI race

China’s embrace of open-source artificial intelligence (AI) is revolutionising the global AI landscape, challenging traditional notions of innovation and competitiveness in this rapidly evolving field. Traditionally, the AI sector has been dominated by proprietary models and closed-source systems, particularly in the U.S. However, China has made a strategic pivot towards open-source initiatives, driven by trailblazers …

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Artificial intelligence capable of matching humans at any task will be available within five ten years

Artificial General Intelligence (AGI), a form of AI capable of matching or surpassing human intelligence across all tasks, is expected to emerge within the next five to ten years, according to Demis Hassabis, CEO of Google DeepMind. Speaking recently, Hassabis highlighted the advancements in AI systems that are paving the way for AGI. While current …

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The UK is planning to build a homegrown artificial intelligence rival to OpenAI

In a bold move to establish as a global leader in artificial intelligence, the United Kingdom is undertaking an ambitious initiative to develop a homegrown competitor to OpenAI. This initiative is part of a broader strategy to enhance the nation’s computing infrastructure and foster innovation in AI technology. Prime Minister Keir Starmer’s administration has committed …

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EU gives greenlight to the world’s first significant law on artificial intelligence

On Tuesday 21st May 2024, European Union member states reached a consensus on the world’s first significant law to regulate artificial intelligence, a move echoed by institutions globally to implement controls on the technology. The EU Council announced it has granted final approval for the AI Act, a pioneering regulation designed to establish the first …

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AMD enters AI-powered PC race as artificial intelligence demand grows

U.S. microchip giant Advanced Micro Devices (AMD) is investing in AI PCs to take on the likes of Nvidia and Intel and Arm as the AI race gains momentum. As the AI market expands so too will AI powered personal computer (PC). These are personal computers embedded with processors specifically designed to perform AI functions such as real-time language translation. Intel …

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Meta and Microsoft say they will buy AMD’s new AI chip – Wall Street loves Artificial Intelligence

Meta, OpenAI, and Microsoft said they will use AMD’s newest AI chip, the Instinct MI300X. An indication that tech companies want alternatives to the expensive Nvidia graphics processors that have been essential for artificial intelligence (AI). If the MI300X is good enough and inexpensive enough when it starts shipping early next year, it will likely …

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Apple launches its Apple Intelligence – ChatGPT integration with Siri

Apple has finally rolled out updates for iPhone on Wednesday 11th December 2024, iPad, and Mac software, featuring the highly anticipated ChatGPT integration with Siri. The integration is activated when Siri is posed with complex questions. If a question is deemed more suitable for ChatGPT by Apple’s software, Siri will request user consent to utilise …

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Apple finally now has AI and it’s called: Apple Intelligence (AI)

Apple has entered the artificial intelligence race with the announcement of its version of AI – Apple Intelligence on Monday 10th June 2024, in its attempt to catch up in the AI race. Reportedly to use it on your phone, you’ll need at least the high-end iPhone 15 Pro from this year’s lineup. According to …

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Palantir now among 10 most valuable U.S. tech companies

Palantir Technologies has officially joined the ranks of the top 10 most valuable U.S. tech companies, marking a significant milestone in its growth trajectory. The data analytics and artificial intelligence firm saw its stock surge 8%, pushing its market valuation to $281 billion, surpassing Salesforce. Founded in 2003 by Peter Thiel and CEO Alex Karp, …

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Trump does deals!

Trump Secures Over $1.4 Trillion in Landmark Middle East Trade Agreements President Donald Trump’s recent visit to the Middle East has resulted in a wave of economic agreements totaling over $1.4 trillion, marking one of the largest trade expansions between the region and the United States. With a focus on investment, defence, and technology, Trump’s …

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Saudi Arabia to acquire 18000 Nvidia AI chips with more to follow

Saudi Arabia is making bold moves in artificial intelligence with a major acquisition from Nvidia. The tech giant will be sending more than 18,000 of its latest GB300 Blackwell AI chips to Saudi-based company Humain, in a deal that marks a significant step toward the nation’s ambitions to become a global AI powerhouse. The announcement …

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Signs of weakness in the U.S. economy – is a recession coming and is the United States causing harm to global economies?

The U.S. economy is showing cracks as multiple indicators suggest that growth may be slowing. With GDP shrinking by 0.3% in the first quarter of 2025, concerns about an impending recession have intensified among analysts and investors. A key driver of this economic downturn is the ongoing trade uncertainty, which has prompted businesses to stock …

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Stock markets see three-day recovery as U.S. tech boost offsets trade worries – but for how long?

Global markets have shown resilience in the past three days, rebounding from recent downturns as technology stocks rally amid cautious optimism. The boost in investor confidence follows strong earnings reports from major tech firms, highlighting their ability to weather economic uncertainty. However, lingering concerns about international trade tensions raise questions about how sustainable this recovery …

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U.S. tech giants are betting big on humanoid robots

U.S. tech giants are making bold strides in the development of humanoid robots, signalling a transformative shift in the robotics industry Companies like Tesla, Google, Microsoft, and Nvidia are investing heavily in this cutting-edge technology, aiming to create machines that mimic human movement and behaviour. These humanoid robots are envisioned to revolutionise industries ranging from …

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Baidu, once China’s generative AI leader – is battling to regain its position

Chinese tech giant Baidu has released two new free-to-use artificial intelligence models as it vies to regain its leading position in the country’s fiercely competitive AI space The Baidu models launched on Sunday 16th March 2025 included the company’s first reasoning-focused model and come ahead of plans to move towards an open-source strategy.  However, analysts reportedly said that while the release …

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Chinese tech giant Baidu to release next-generation AI model soon as DeepSeek leads Chinese AI tech

China’s Baidu reportedly plans to release the next generation of its artificial intelligence model in the second half of this year, according to information recently reported. The planned update comes as Chinese companies race to develop innovative AI models to compete with OpenAI and other U.S. based companies. Baidu was the first major Chinese tech …

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BYD shares hit record as the EV maker rolls out advanced driver tech with DeepSeek’s AI assistance

Shares of BYD, the Chinese electric vehicle (EV) giant, surged to a record high on Tuesday 11th February 2025, following the announcement of its new driver assistance technology. The company revealed its latest ‘DiPilot’ assisted driving system, which integrates artificial intelligence (AI) from Chinese startup DeepSeek. This move is expected to significantly enhance the driving …

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Waning enthusiasm around Trump – AI and crypto

As we progress through 2025, it’s evident that the initial excitement surrounding Donald Trump’s election win, artificial intelligence (AI), and cryptocurrency has begun to wane – but for how long? Investors and the general public seem to be growing more cautious, reflecting a shift in sentiment towards these once highly anticipated topics. Trump’s tariffs In …

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Could DeepSeek deliver another shock to the stock market and to tech stocks in particular?

DeepSeek’s impact probably isn’t yet fully reflected in U.S. stocks The ramifications of the Chinese startup DeepSeek, with its promise of delivering cheaper and more energy-efficient alternatives to harness artificial intelligence (AI), have yet to be fully reflected in U.S. equities. If DeepSeek ends up delivering a less costly way forward – it will make …

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Tariff Man – Trumps tariffs take affect – markets fall!

U.S. President Donald Trump’s tariffs have moved from threat to reality. U.S. President Donald Trump launched a series of tariffs on Saturday. U.S. imports from Mexico and Canada will face a 25% duty, while those from China will be subject to a 10% tariff. Energy resources from Canada will face a lower 10% tariff. Canada’s Prime Minister …

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FTSE 100 hits new all-time high in boost for London

The FTSE 100, London’s premier stock index, has recently achieved a new all-time high, closing at 8,646.88 on 30th January 2025. This milestone marks a significant boost for the City of London, reflecting strong corporate performance, investor confidence, and favourable economic conditions. Factors driving the surge Several key factors have contributed to the FTSE 100’s …

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The aftermath from the arrival of Deepseek

Nvidia, the renowned American technology company, recently experienced the largest one-day loss in U.S. history. On January 27, 2025, Nvidia’s stock plummeted by 17%, resulting in a staggering market cap loss of nearly $600 billion. This unprecedented drop was primarily triggered by the emergence of DeepSeek, a Chinese artificial intelligence startup that has been making …

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China’s DeepSeek low-cost challenger to AI rattles tech U.S. markets

U.S. technology stocks plunged as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off DeepSeek launched a free, open-source large-language model in late December 2024, claiming it was developed in just two months at a cost of under $6 million. The developments have stoked concerns about the …

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S&P 500 touches new record high!

Stocks rose on Wednesday 22nd January 2024 with the S&P 500 reaching a new all-time high, as technology shares including Nvidia and Oracle surged on optimism surrounding artificial intelligence and President Donald Trump’s new term in office. The S&P 500 advanced after hitting an intraday record of 6,100.81, exceeding the last milestone touched in December 2024 before …

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Trump announces massive U.S. AI investment backed by Oracle, OpenAI and Softbank

President Donald Trump announced a joint venture with OpenAI, Oracle and Softbank to invest billions of dollars in artificial intelligence infrastructure in the U.S. The project, dubbed Stargate, was unveiled at the White House by Trump, Softbank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle co-founder Larry Ellison. The executives committed to invest an …

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UK wants to control its own AI direction – suggesting a divergence from the EU and U.S.

The UK is charting its own course when it comes to regulating artificial intelligence, signaling a potential divergence from the approaches taken by the United States and the European Union. This move is part of a broader strategy to establish the UK as a global leader in AI technology. UK AI framework Britain’s minister for …

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