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Meta bets big on AI with custom chips — and a supercomputer
At a virtual event this morning, Meta lifted the curtains on its efforts to develop in-house infrastructure for AI workloads, including generative AI like the
Food prices will soon overtake energy in driving UK inflation, report predicts – The Guardian
The rising cost of food will overtake the price of energy as the driving force behind inflation over the summer, hitting poorer households the hardest,
Fintech innovation could mean the end of traditional business banking – Independent
The fintech sector is revolutionising the financial services industry by simplifying transactions, reducing costs, enabling innovation, empowering customers and enhancing security. There were 8,775 fintech
UK Household Confidence Extends Rebound Despite 10% Inflation – Bloomberg
The rapid recovery in UK household confidence extended into a fourth month in May in the face of double-digit inflation. GfK’s consumer confidence index climbed
BT hails AI opportunity as it unveils plan to cut up to 42% of workforce – The Financial Times
BT is to slash up to 42 per cent of its workforce by the end of the decade as the UK telecoms group embarks on
OpenAI launches a free ChatGPT app for iOS – CNN
OpenAI is making it even easier for many to access ChatGPT. OpenAI on Thursday announced the launch of a free ChatGPT app for iOS users
Sell in May and Go Away?
While investors should never let rules of thumb override financial fundamentals, there are times when the fundamentals can become quite hazy. In fact, recent inflation
Bank of England governor admits UK economy suffering from wage-price spiral – The Financial Times
Andrew Bailey has acknowledged for the first time that the Bank of England is dealing with a UK wage-price spiral as he pledged to lift
How to invest in artificial intelligence – The Economist
It has been a torrid 18 months for investors who bet on tech. Softbank, a Japanese investment firm that epitomised the 2010s boom in venture-capital