UK maker of AI avatars nearly doubles valuation to $4bn after funding round

Synthesia makes digital presenters for clients to use in corporate videos and counts 70% of FTSE 100 as customers

AI is hitting UK harder than other big economies, study finds

Britain is losing more jobs than it creates owing to artificial intelligence, Morgan Stanley research suggests

Survey reveals ‘mismatched AI expectations’ between views of employers and staff over impact on careers

Altman’s campaigning for his company coincides with its use of enormous present resources to serve an imagined future

Tech could lose its social acceptance unless it makes people’s lives better – and trade unions want an urgent conversation

Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped out

US aerospace tech company reportedly held talks last year over private share sale that values business at $800bn

AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK’s poorer regions

Ellison testified against Sam Bankman-Fried, FTX’s founder and her ex-partner who was sentenced to 25 years in prison

OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOs

US justice department’s website shows the disgraced former CEO petitioned Donald Trump over fraud conviction

Jamie Dimon warns of civil unrest but Nvidia’s Jensen Huang argues tech will create rather than destroy jobs

Tesla boss clashed with Michael O’Leary when airline boss rejected installing Starlink technology on aircraft

Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sector

The Democratic representative plans to introduce a bill halting subsidies and tax advantages for the super-rich