AI chip production to benefit from Rapidus and Quest Global alliance
Rapidus and Quest Global join forces to create next-gen AI chips. Japanese chipmaker Rapidus Corporation has announced a strategic partnership with Singapore-based engineering firm Quest Global to develop advanced artificial…
UK AI plans risk delay due to outdated public sector IT
MPs warn outdated tech threatens government’s AI ambitions. Government plans to embed AI across public services face serious challenges due to outdated IT systems, insufficient funding, and a shortage of…
OpenAI holds back image generator tool for free users
The technology employs an autoregressive approach to render images, making it efficient and high-quality. OpenAI is delaying the release of its new image generation feature for free ChatGPT users, citing…
BMW partners with Alibaba to boost AI development
AI-powered BMW cars co-developed with Alibaba will launch in China starting in 2026. Alibaba and BMW have joined forces to develop advanced AI technologies aimed at shaping the future of…
OnlyFans faces penalty in UK for age check inaccuracy
The fine underscores the growing regulatory scrutiny on tech companies to bolster safety measures. OnlyFans’ parent company, Fenix, has been fined £1.05 million by UK regulator Ofcom for providing inaccurate…
Custodia and Vantage launch first US bank-issued stablecoin
Tokenised banking deposits are becoming a reality, with Avit demonstrating how regulated banks can integrate blockchain technology into traditional finance. Custodia Bank and Vantage Bank have launched Avit, the first…
Mobile coverage from space may soon be reality
Mobile users across the UK could soon stay connected in remote areas without signal, thanks to a new proposal from Ofcom to support satellite-to-smartphone services. Satellite-based mobile coverage could arrive…