Bank of England fears AI bubble about to pop
Threadbare faith in AI valuations
The Bank of England has warned that the frothy optimism inflating the world’s biggest tech stocks could soon splatter across trading floors, saying the risk of a “sharp market correction” has grown alarmingly.
IBM says consultancies must turn into software firms or die
Big Blue’s consulting boss warns that AI agents are coming for the old guard
IBM Consulting boss Mohamad Ali has warned that consultancies will have to reinvent themselves as software companies if they want to survive the artificial intelligence revolution.
AI killing the internet
Users ditch clickbait for instant answers
A new study by Loopex Digital shows that major websites are haemorrhaging visitors as users increasingly turn to AI chat tools instead of clicking through to traditional pages.
Brussels plots AI independence drive
AI strategy aims to cut ties with US and Chinese tech
Brussels is preparing to throw itself into the artificial intelligence race with a plan to reduce its reliance on foreign companies and promote homegrown platforms instead.
Microsoft AI cracks DNA biosecurity safeguards
The zero-day king finds a new way to scare everyone
Software King of the World, Microsoft, famous for its zero-days, now says it has discovered one in DNA biosecurity systems.
Nvidia and AMD crank up AI chip war
Both sides rejigging their offerings
Nvidia and AMD are frantically revising their next-gen AI designs in an effort to out-muscle each other, with power budgets and memory bandwidth figures spiralling upwards.
Berners-Lee says the web has gone off the rails
Inventor pushes for user-owned data and a CERN-style AI project
World Wide Web inventor Tim Berners-Lee reckons the internet is in a mess, hijacked by social media platforms that turned people into products rather than customers.
TD SYNNEX insists AI will save the channel
Distributor claims partners must blend hype with “resilient frameworks”
TD SYNNEX reckons artificial intelligence is the cure for everything from talent shortages to macroeconomic malaise.
Chinese government tells firms to bin Nvidia AI chips
Beijing blocks RTX Pro 6000
China has told some of its biggest tech outfits, including ByteDance and Alibaba, to stop messing about with Nvidia’s RTX Pro 6000 chips.
Peter Thiel warns Silicon Valley to beware the antichrist
Billionaire tech guru says unchecked progress may summon apocalypse
Peter Thiel who once made billions betting on technology now wants everyone to think a bit harder about a literal biblical Armageddon and the Antichrist.