The boss of Lloyds Banking Group has warned that bankers will need to “re-skill themselves” to survive the upcoming AI boom that will transform the financial services sector. Charlie Nunn …
boom
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Just before the turn of the year, Japan-based holding company SoftBank Group completed a $41 billion investment in generative AI pioneer OpenAI, boosting the ChatGPAT maker’s market valuation to $500 …
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Future Tech
Georgia pushed to ban datacenters used to power America’s AI boom AI (Artificial Intelligence)
lDatacenters in several states are considering passing laws that would impose statewide bans on the construction of new datacenters as the issue of power-hungry facilities moves to the center of …
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Businesses should consider AI agents as a formal digital identity as 2026 is set to be the year of the agent workforce, amid concerns that most companies are less prepared …
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AI Business
Microsoft chief Satya Nadella warns that AI boom could falter without widespread adoption
Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. Microsoft Chief Executive Satya Nadella has warned that AI risks becoming a speculative …
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A survey by the Financial Times found that more than three-quarters of economists expect the US to maintain or increase its productivity lead over the rest of the world because …
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Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. The author is a financial journalist and author of ‘The Economic Consequences of …
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Future Tech
AI boom could add more than half a trillion dollars to the wealth of US tech giants by 2025 rich lists
The stock market boom of artificial intelligence companies added more than half a trillion dollars to the wealth of US tech giants last year, data shows. The wealth of the …
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Future Tech
AI boom could cause as much CO2 emissions as New York City in 2025, report claims Artificial Intelligence (AI)
It has been claimed that due to the AI boom, as much carbon dioxide will be released into the atmosphere in 2025 as is emitted in the entire New York …
