Apple has lifted iPad and MacBook prices by as much as 25% after warning it can no longer absorb the soaring cost of memory chips driven by the AI data centre boom.
Category: AI
Artificial intelligence coverage with the Business Matters filter: not the hype cycle, but what AI adoption actually looks like inside UK firms – the tools, the costs, the failures, and the regulation heading down the track.
Oxford and UCL to lead £60m drive to make AI cheaper for British business
Oxford and UCL will share up to £60m in government funding to develop open-source, lower-cost AI that more UK businesses and public services can actually afford to run.
Oracle sheds 21,000 jobs in a year as AI rewrites the payroll
Oracle has shed about 21,000 jobs in a year, blaming AI deployment across its operations, as restructuring costs jump to $1.8bn. What it means for tech hiring.
Silicon Valley money lands on British AI certifier as John Doerr backs isometric
Silicon Valley billionaire John Doerr has written the second-biggest cheque in a $40m round for Isometric, the London AI certification firm founded by an Onfido co-founder.
Getty opens its archive to ChatGPT as OpenAI deal sends shares soaring
Getty Images has signed a multi-year licensing deal with OpenAI to bring its photographs into ChatGPT, sending shares up as much as 108 per cent. Here is what the agreement means.
Natwest to school all 60,000 staff in the ethics of AI
NatWest is putting all 60,000 staff through AI ethics training via a University of Edinburgh tie-up as chief executive Paul Thwaite pushes to lead UK banking’s race to automate.
Can AI chatbots really pick stock market winners?
ChatGPT, Claude and Grok are now being put to work picking shares. From a $10,000 trading test to Man Group’s dealing desk, can AI really beat Wall Street?
Bezos bets on Cambridge as Cuspai’s AI materials hunt hits $2.6bn
Jeff Bezos has backed Cambridge materials-discovery start-up CuspAI through Bezos Expeditions, in a $400m round that lifts its valuation to $2.6bn.
Cohere triples its London base to cash in on Britain’s sovereign AI bet
Canadian AI firm Cohere is tripling its London office at 100 New Oxford Street, betting on surging UK government and enterprise demand for sovereign AI.
Cut off from the world’s most powerful AI, Britain leans on Trump for a way back in
Downing Street is lobbying the White House for a UK carve-out after Donald Trump banned foreign access to Anthropic’s most advanced Claude models, citing security risks.
Beyond the hype: what do British businesses really make of AI?
As MPs launch an inquiry into AI and the future of work, Business Matters asks what British firms really gain from artificial intelligence, and what is holding smaller businesses back.
Trustap raises $10m to become the payment layer AI shopping agents can trust
Irish fintech Trustap has raised $10m led by Aperture Capital to launch Trustap Index, making marketplace listings discoverable and transactable by AI shopping agents.
Google ordered to hand UK news publishers an opt-out from AI search results
The CMA has ordered Google to give UK news publishers control over AI Overviews, opening the door to fairer content deals and a rebalanced digital economy for SMEs.
BCC warns nearly one in five young Britons could be out of work by 2027 as AI and tax rises bite
Youth unemployment in the UK is on course to reach 17.8% by 2027 as AI, higher national insurance and minimum wage rises squeeze entry-level hiring, the British Chambers of Commerce warns.
Nvidia takes the AI war to the desktop with RTX Spark superchip
Nvidia has unveiled the RTX Spark superchip at Computex 2026, bringing personal AI agents to Windows PCs from Asus, Dell, HP, Lenovo, Microsoft and MSI from the autumn.
