KPMG pulled its AI report after UBS, the NHS, and others said its claims about them were made up
Artificial Intelligence
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Latest news
GOVERNMENT AND POLICY
UK tech secretary vows to push pension funds into British AI startups
Liz Kendall wants legal reforms to unlock institutional capital for domestic tech firms, but American companies keep winning the biggest contracts.
FINANCE
CoreWeave joins the Nasdaq-100 just 15 months after its IPO, capping a wild ride from crypto mining to AI darling
The GPU cloud provider will enter one of the world’s most-tracked indexes on 22 June, alongside Rocket Lab and Nebius. Its founders have already cashed out $2.3 billion.
ARTIFICIAL INTELLIGENCE
Meta signs its first India data-centre deal, leasing a 168MW AI facility from Reliance
Reliance will build and run the Jamnagar site on renewable power and desalinated seawater. Meta is the latest hyperscaler sending AI compute to India.
GOVERNMENT AND POLICY
OpenAI is under investigation by 42 state attorneys general, days after filing for its IPO
New York served a subpoena demanding records on advertising, user data, minors, and internal policies. The probe lands as OpenAI prepares for a public listing at a valuation north of $850 billion.
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