‘Delighted to be wrong’ – Sam Altman changes tune on AI job apocalypse fears May 26, 2026 OpenAI boss Sam Altman has softened his warnings over AI wiping out white-collar work, saying the feared “jobs apocalypse” has so far failed to materialise despite the tech rapidly reshaping business decisions and operations. Speaking on Tuesday, Altman admitted he had expected AI to eliminate far more entry-level office jobs by now following the launch [...]
Claude was the nice guy of AI – what changed? May 20, 2026 The narrative around Anthropic’s Claude, initially perceived as the “ethical AI company,” has recently shifted due to concerns over perceived hypocrisy, aggressive ambition, model degradation, platform restrictions, and vendor lock-in risk, causing customers and developers to seek alternatives, says Lewis Liu “You really feel like Claude is a real person that you are interacting with [...]
Quantexa boss: ‘Britain can build global AI winners’ May 19, 2026 Vishal Marria is not short of reasons to be cheerful about Britain. At a time when the UK’s tech sector is once again debating listings, capital flight and whether founders inevitably end up scaling overseas, the Quantexa boss remains notably bullish about building and scaling in London. “Yes, we’re HQ’d in London, in the UK, [...]
UK AI investment hits record £8.3bn as London tightens grip on tech boom May 18, 2026 Britain’s AI sector pulled in a record £8.3bn of investment last year, as global investors raced to back the country’s next generation of AI firms, with London tightening its grip as Europe’s leading tech hub. New research from Barclays Eagle Labs found funding into UK AI companies surged in 2025 after a sluggish period for [...]
HSBC is the only UK name on $13 trillion list of top global brands May 14, 2026 The rise of AI has shaken up an influential ranking of global big-name firms, as the competition to become one of the world’s elite brands becomes fiercer than ever, according to an influential index tracking the corporate elite. The Kantar Brandz Top 100 – which ranks the value of brands – unveiled on Thursday, is [...]
Lime races SpaceX and OpenAI to IPO as revenues soar May 11, 2026 Lime, the Uber-backed e-bike giant, filed for a Nasdaq listing over the weekend, joining a growing cohort of tech giants racing toward public markets this year. The Silicon-Valley based micromobility titan, known for its ubiquitous green bikes, plans to list on Nasdaq this year, following revenues jumping 29 per cent to $886.7m (£665m) in 2025, [...]
Meta can read your Instagram DMs from today May 8, 2026 Instagram users are waking up to a major privacy rollback after Meta officially switched off end-to-end encrypted direct messages, giving the tech giant far greater visibility into private conversations shared across the app. From today, users who previously enabled Instagram’s optional encrypted chats will lose access to the feature entirely, with all messages reverting back [...]
AMD stock soars as AI chip demand drives quarterly results May 6, 2026 Advanced Micro Devices (AMD) sent its stock soaring after flying past Wall Street estimates for the first quarter of the year, thanks to swelling AI infrastructure demand. AMD shares rose 15 per cent after hours on Tuesday, after the Santa Clara-headquartered chipmaker reported $10.3bn revenue, up 38 per cent on the same period last year. [...]
OpenAI listing plans hit as Altman scraps robotics spin-off idea May 5, 2026 Tech behemoth OpenAI internally shelved plans to spin off its robotics and consumer hardware divisions, as chief executive Sam Altman tightens focus ahead of a potential IPO that could value the company at up to $1 trillion (£737bn). The proposed restructure, as first reported by the Wall Street Journal, would have mirrored Alphabet’s model, separating [...]
The AI bubble has a name – and it’s OpenAI April 29, 2026 For three years, Sam Altman has worn the badge of greatest pitchman in the history of tech. He sold the world a vision of artificial general intelligence – a machine that thinks, reasons and creates – and sold investors the bill to build it. The man raised more capital in a single funding round than [...]