Business news

Business

AI use surges globally but rich-poor divide widens, Microsoft says

Generative artificial intelligence is being used by 17.8% of the world's working-age population, but the gap between wealthy and developing nations continues to widen, according to a report published Tuesday by Microsoft.

Business

IMF warns of 'inevitable' AI-powered threats to global financial system

The International Monetary Fund (IMF) warned on Thursday of the risks to global financial stability posed by cyberattacks powered by advanced artificial intelligence tools, calling for greater international cooperation on ...

Business

A probe into 'forever chemicals' in activewear lays bare fashion's greenwashing problem

Have you ever paid more for a product because a brand told you it was good for you and the planet? Many activewear shoppers do exactly this, trusting that the "healthy" image on the label matches what is actually in the fabric. ...

Business

'Tipping point' to electric vehicles reached in Europe and China

Electric vehicle sales in China and Europe have reached a threshold or "tipping point" that has triggered an irreversible shift away from their petrol and diesel-powered equivalents. For their article published in Nature ...

Business

Agentic AI threatens research funding system

In a new analysis, two UCL researchers argue that the present system used to allocate billions in research funding was designed for a world without AI agents and may no longer be fit for that purpose.

Business

EU tells Google to open Android to AI rivals

The EU on Monday laid out measures it wants Google to take to open up its operating system to rival AI services, in a move slammed by the US tech giant.

Business

Silicon Valley VCs navigate uncertain AI future

For Silicon Valley venture capitalists, the world has split into two camps: those with deep enough pockets to invest in artificial intelligence behemoths, and everyone else waiting to see where the AI revolution leads.

Internet

Google says to appeal online search antitrust ruling

Google said Saturday it will appeal a ruling against it for anti-competitive practices in online search, a day after urging a US judge to reject the suggestion it spin off its Chrome browser.

Business

AI personal shoppers hunt down bargain buys

Internet giants are diving deeper into e-commerce with digital aides that know shoppers' likes, let them virtually try clothes on, hunt for deals and even place orders.

Business

Meta AI bot used a billion times monthly: Mark Zuckerberg

Meta chief Mark Zuckerberg touted the tech firm's generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month across its platforms.

Business

Meta and Anduril join forces on battlefield tech

Meta and defense tech startup Anduril Industries on Thursday announced a partnership to build mixed reality gear for "warfighters"—soldiers—to control autonomous systems on battlefields.