AI: price models do not acknowledge high variable costs
Artificial intelligence services are expensive to provide and charging a flat rate will weigh on future margins
Artificial intelligence
Rishi Sunak to expand UK’s North Sea drilling and carbon capture
Energy policy becomes divisive as Labour party claims PM is backtracking on green commitments
Renewable energy
SEC asked Coinbase to halt trading in everything except bitcoin, CEO says
Request would have meant ‘the end of the crypto industry in the US’, according to Brian Armstrong
Financial & markets regulation
Profits stall at London’s ‘magic circle’ law firms during pivotal US expansion
Rising salary costs and decline in dealmaking hits earnings at City’s international law firms
Mergers & Acquisitions
Hollywood’s fight is your fight
There will be more battles over how to divide the intellectual property pie in all industries
Artificial intelligence
Hot rocks: German cities dig deep for green energy
Geothermal technology has ‘enormous potential’ as renewable heating source, say industry experts
Renewable energy
How Silicon Valley is helping the Pentagon in the AI arms race
The US military is opening up to defence and weapons start-ups as evolving technology begins to transform modern warfare
Artificial intelligence, Drones
Pakistan PM Shehbaz Sharif vows to punish attackers after bomb attack
At least 40 dead in one of country’s worst terrorist assaults in recent years
Terrorism
Investment flows poised for historic shift after ‘giant leap’ by Bank of Japan
Analysts hail ‘de facto abolishment’ of Japanese government bonds cap but caution against predictions of tightening
Central banks
Lebanon fails to find successor to central bank chief as term ends
Deputy governors to meet government to broker deal and agree on radical set of economic measures
Central banks