Global financial stability is facing a two-pronged threat, according to the Bank of England's Financial Policy Committee (FPC). The first is a rapidly inflating bubble in the artificial intelligence sector, and the second is political pressure on the US Federal Reserve, which could destabilize the US dollar. The committee warned that the risk of a "sharp market correction" has significantly increased due to these...
OpenAI, the pioneering firm behind ChatGPT, has taken a decisive step to secure its computational future by signing a multibillion-dollar deal with chipmaker AMD. This strategic agreement directly addresses the company's biggest growth constraint—access to advanced computing power—and solidifies its infrastructure for developing increasingly sophisticated artificial intelligence.
The partnership provides OpenAI with a massive pipeline of critical hardware, including hundreds of thousands of AMD’s high-performance...
The UK government's strategic reintroduction of an electric car grant has successfully supercharged the market, leading to a record high in electric vehicle (EV)...
A Chinese AI firm, DeepSeek, has unveiled a groundbreaking experimental model designed to excel at processing long sequences of text, a critical capability for...
The Net Zero Banking Alliance (NZBA), a United Nations-convened group designed to steer the banking industry toward a sustainable future, has been officially shut...
European business leaders are expressing alarm over what they call a "strange interpretation" of trade rules by the United States, which could see a...
In a historic convergence of hardware and software, Nvidia and OpenAI have announced a strategic partnership backed by a potential $100 billion investment from...
Prime Minister Keir Starmer’s Labour government has received a major endorsement of its economic strategy, with Google unveiling a £5 billion ($6.80 billion) investment...
President Donald Trump has put NATO on notice, declaring that any new major U.S. sanctions against Russia will only be implemented after every single...
Elon Musk stands on the precipice of making financial history, with Tesla proposing a pay package that could make him the world's first trillionaire....
