First Labour Budget in 15 years includes increased payouts from businesses and capital gains, as government looks to promote growth

First Labour Budget in 15 years includes increased payouts from businesses and capital gains, as government looks to promote growth
Administration publishes final restrictions on US investment into Chinese tech sectors including AI, chips, quantum computing
Start-up Sierra AI, co-founded by former Salesforce co-chief Bret Taylor, sees valuation more than quadruple in new funding round
TSMC says production yields at delayed plant in Arizona are 4 percent higher than comparable factories in Taiwan, in boost for US efforts
Direct-from-China e-commerce firm sees profits plummet 70 percent in first half of 2024 amidst stiff competition from Temu, as it plans IPO
Troubled chip giant Intel will invest more than $28 billion to construct two new chip factories in Ohio, to take fight to TSMC
UK competition regulator begins phase one investigation into Alphabet's partnership with AI startup Anthropic
Cos the world needs another AI startup. Former CTO at OpenAI, Mira Murati, reportedly fund raising for her new AI startup
Data centre and AI spending spree continues over at Microsoft, with Italy earmarked for €4.3 billion investment
OpenAI closes $6.6bn funding round from big name backers, but reportedly asks them not to finance rival AI startups
Elon Musk criticises UK government after not being invited to next month's International Investment Summit over inflammatory posts
Restructuring plan for OpenAI's core business will turn it into a 'for-profit benefit corporation', amid funding drive
Venture capital firms participating in $6bn-plus OpenAI funding round betting start-up will be worth trillions, report says
Former Apple designer Sir Jony Ive confirms working with OpenAI chief Sam Altman on AI device 'less socially disruptive' than iPhone
More cash required. Latest funding talks with investors reportedly values AI startup OpenAI at $150 billion
AI chip giant Nvidia invests in start-up Sakana AI in funding round that takes company to over $1bn valuation
TikTok parent ByteDance seeks landmark $9.5bn in bank loans to refinance existing facility and fund operating expenses amidst expansion
Chinese start-up that aimed to develop high-performance GPU designs to compete with Nvidia lays off all staff, dissolves
Big names in AI funding. Apple, Nvidia reportedly in talks to join a funding round in ChatGPT maker OpenAI
Secondary share sale sees UK's Revolut now worth more than Barclays, NatWest and other large European banks
Labour government shelves £1.3bn of funding promised by the Conservatives for tech and artificial intelligence projects
British competition regulator, the CMA, to investigate Google parent Alphabet’s partnership with AI startup Anthropic
Conflict of interest? Elon Musk to talk with Tesla board about making $5 billion Tesla investment in his other venture, xAI
Senior management at Alphabet confirm substantial additional investment in the Waymo self-driving division
At first-ever investor day EV maker Rivian lays out profitability plans after $5bn deal with VW offers it financial lifeline
China-founded fast-fashion company Shein faces political resistance in search for IPO venue, as major investors grow impatient
Saudi Arabian investment fund Prosperity7 reportedly contributes to funding round for China's Zhipu AI as US tries to keep allies away
EU formally adopts Net-Zero Industry Act that seeks to boost EU green-tech manufacturing against rivals from China and US
Elon Musk artificial intelligence start-up xAI concludes $6bn funding round valuing it at $24bn in coming weeks amidst heavy competition
Global spending spree from Microsoft continues, with huge investment for new data centre to drive AI and skills in France