The rout extended well beyond traditional tech names. Siemens Energy, which supplies electrical hardware for AI infrastructure, plunged 22 per cent. Schneider Electric, a French maker of electrical power products that has invested heavily in services for data centres, fell 9.2 per cent.

Stargate, a high-profile artificial intelligence infrastructure project trumpeted by US President Donald Trump this week, will exclusively serve ChatGPT maker OpenAI, according to people familiar with the matter.

Financial services firms are already being transformed by AI, but as it evolves, how can leaders tackle security risks and keep building competitive advantage?

Isomorphic was spun out of Google’s AI research arm Google DeepMind in 2021, but remains a wholly owned subsidiary of its parent company, Alphabet. The start-up’s potential has attracted big pharmaceutical partners, which are keen to lower expenses and boost efficiency of the costly drug development process.

Join industry leaders Clare Hickie of Workday, Dan Godfrey of Aviva and John Davison of First Central as they discuss ways in which the uptake of AI is bringing exciting change to the financial services industry,

The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.

Chinese startup DeepSeek rolls out open LLMs to rival Meta, OpenAI at fraction of cost Share prices for some of the biggest American tech brands that crested the AI hype waves crashed this morning on the rocks of DeepSeek,

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Open collaboration among organisations developing artificial intelligence can help to improve accuracy, transparency and safety for everyone By now, business leaders have come to see artificial intelligence (AI), especially generative AI, as key to their ...

With artificial intelligence (AI) technology, business teams can reset the boundaries for what’s possible. Consider a luxury seafood company based in Nova Scotia that has significantly increased its catch using AI-driven analysis of marine territories and species.

An AI version of Michael Parkinson nails the voice, but the conversation is one-sided and stilted — at least so far

Amazon is gearing up to relaunch its Alexa voice-powered digital assistant as an artificial intelligence “agent” that can complete practical tasks, as the tech group races to resolve the challenges that have dogged the system’s AI overhaul.