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Richard Orna obituary

Other lives: IT manager at the energy solutions company Callisto

Wednesday briefing: From missing billions to nonexistent datacentres, inside Britain’s AI drive

In today’s newsletter: Enormous investments in artificial intelligence promised to transform Labour’s growth problems. The reality is much murkier

Missing money, shipped chips and a 350,000% profit: key takeaways on AI ‘phantom investments’

A Guardian investigation has put the UK government’s AI plans under the microscope. Here are the key details

British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board

London-based startup, which is vital to the government’s AI ambitions, is now valued at $14.6bn

OpenAI delays ‘adult mode’ for ChatGPT to focus on work of higher priority

Startup still believes in ‘principle of treating adults like adults, but getting experience right will take more time’

Nigel Farage invests £215,000 in Kwasi Kwarteng’s bitcoin firm

Reform UK leader strengthens ties with crypto sector with stake in former Tory chancellor’s company Stack BTC

Current and former Block workers say AI can’t do their jobs after Jack Dorsey’s mass layoffs: ‘You can’t really AI that’

The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity

Tech oligarchs reshape humanity while billionaires of old seem quaint

From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the future

Crypto billionaire Christopher Harborne no longer interested in Reform-Tory pact

Donor who has given £12m to Reform UK had previously wanted Nigel Farage to keep open mind about deal with Conservatives

Union tries to seize control of works council at Tesla’s German factory

Lawsuits and slander claims fly in IG Metall’s battle with Elon Musk over employment rights and conditions

Europe’s next-generation fighter jet project may collapse if row continues, says warplane maker

Dassault Aviation says €100bn project may soon be ‘dead’ if Airbus will not agree on how to share workload

Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa

Oxford-based firm has raised $103m for commercial development of software for self-driving industrial vehicles

What was really behind Jack Dorsey laying off nearly half of Block’s staff?

CEO cited AI advances in cutting 4,000 workers, but a weak crypto market and declining stock price may also be at play

OpenAI amends Pentagon deal as Sam Altman admits it looks ‘sloppy’

ChatGPT owner’s CEO says it will bar its technology being used for mass surveillance or by intelligence services

UK firms in Middle East face heightened threat from Iran hackers, agency warns

National Cyber Security Centre urges increased vigilance over risk of indirect attack by hacktivists amid conflict

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  • Reporter urges US supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says
  • OpenAI staggers AI model release after Trump administration request
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  • ‘Make people dream’: how to build an economy for the common good
  • ITV shelves rugby in-game adverts after brands pour cash into World Cup instead
  • Revolut pushes new recruits into office in shift from ‘remote-first’ policy
  • First major hydropower projects in Great Britain in 40 years given go-ahead
  • As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’
  • Heathrow expects fall in passengers and profits this year because of Iran war
  • Too hot for work: why extreme heat is a threat to Europe’s productivity
  • Crown estate makes more than £1bn profit for third year running
  • US media regulator Brendan Carr accuses Disney of ‘misinformation’ on investigations
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
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  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened
  • Unison chief endorses Ed Miliband for chancellor in a Burnham government
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
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  • Reform UK plan to target EU nationals based in Britain ‘absolutely outrageous’

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