UK’s AI Safety Institute ‘needs to set standards rather than do testing’
Marc Warner, CEO of London-based Faculty AI, sees new body as an international standard setter
Forget range anxiety: we should really worry about China’s global dominance in the electric car market
EVs heavily subsidised by Beijing are flooding Europe and the globe. If we don’t watch out, it could start a major trade war
Shares in chip designer Arm soar by more than 50% leaving it valued at $120bn
Chief executive, Rene Haas, says UK-based firm is benefiting from huge demand for AI-powered products and apps
Landmark moment as Uber unveils first annual profit as limited company
US taxi app firm turns $1.8bn loss into $1.1bn profit after years of spending billions of investors’ cash to expand
Cyber-hacking victims ‘paid out record $1.1bn in ransoms last year‘
Ransomware gangs targeted hospitals, schools and bodies such as BA and the BBC, Chainalysis finds
Snap stocks tumble amid fears over company’s growth
Snapchat owner’s earnings fall short of predictions as it turns focus to user growth in ‘monetizable’ markets like North America and Europe
SpaceX accused of sexual harassment and discrimination in ex-workers’ suit
Former employees condemn ‘frat’-style atmosphere, as Elon Musk defends company against separate allegations of unlawful firings
Spotify swings to loss as it adds 200,000 audiobooks to paid service
Job cuts add to costs for streaming service but it gains 10m premium subscribers in fourth quarter
TechScape: Why is the UK so slow to regulate AI?
Britain has announced £10m for regulators but has done very little to mitigate the risks linked with artificial intelligence. Plus, Facebook’s deep-fake Biden conundrum
Don’t wait for Post Office-style scandal before regulating AI, ministers told
Government to say binding measures for overseeing artificial intelligence are needed, but not immediately
Make used electric cars cheaper and tackle battery fears, peers tell ministers
Grants needed towards buying EVs as well as a battery health testing standard to reassure consumers
UK electric vehicle maker Arrival enters administration with 170 jobs at risk
New York-listed company, once valued at $15bn, failed to launch its debut electric van
Company worker in Hong Kong pays out £20m in deepfake video call scam
Police investigate after employee says she was tricked into sending money to fraudsters posing as senior officers at her firm
‘Elevated’ risk of hackers targeting UK drinking water, says credit agency
Moody’s warning over hacking’s effect on debts may bolster water utilities’ plans to hike bills to cover needed investments
Self-checkout is turning us into thieves – but it’s not our fault
Big retailers in the US are scaling back or eliminating their self-service checkouts because of theft – but ‘it can be hard not to steal from them’