Profits soar while government rolls out the red carpet

OpenAI’s Blighty outfit has gone from pocket change to piles of cash in barely a year.

Trump-backed $500 billion AI moonshot already stalling

The $500 billion Stargate project, trumpeted at the White House as America’s grand AI leap forward, is looking more like a tire fire than the start of a golden age.

National security fears threaten Nvidia’s billion-dollar AI bonanza

A deal to ship billions of dollars’ worth of Nvidia’s cutting-edge AI chips to the United Arab Emirates is stuck in the mud as Trump administration officials squabble over national security risks.

Trillion-parameter open model outshines the big boys

Chinese AI upstart Moonshot AI has lobbed a serious challenge at OpenAI with the release of Kimi K2, a trillion-parameter open-source language model that trounces GPT-4 in several key benchmarks.

Stricter AI rules spark row across pond

The EU has launched its final code of practice for general‑purpose AI models such as OpenAI’s GPT‑4 and Google’s Gemini. 

Altman eyes Google's ad cash and your data

OpenAI is reportedly gearing up to lob an AI-powered browser into the ring, taking a swing at Alphabet’s Chrome and hoping to nick a chunk of the Google empire’s advertising goldmine.

AI chip maker's epic rise leaves the competition in the dust

The AI chip peddler Nvidia just became the first company in history to tip over the $4 trillion valuation mark, elbowing past the Fruity Cargo Cult Apple and Microsoft on the Nasdaq on 10 July.

Data centre land grab or cash-saving sleight of hand?

CoreWeave has wasted no time splashing the cashless after its IPO. Just three months since floating, the US data centre outfit is shelling out $9 billion worth of shares to acquire Core Scientific in what’s being sold as a bold expansion move.

Mustafa Suleyman’s robo-doc squad crushes NEJM case studies 

Software King of the World, Microsoft has tested a new AI medical tool that it claims is four times better than human doctors at diagnosing tricky conditions.

TPUs get a boost as soaring GPU costs force AI giants to seek cheaper hardware

OpenAI is quietly shifting parts of its workload onto Google’s custom TPU chips in what appears to be a calculated move to cut costs.