Latest UK & Global AI News

Hello, Artificial intelligence startup Sarvam AI has raised $234 million in the first close of its Series B funding round, marking one of the largest funding rounds for an Indian AI company to date and propelling the company into the unicorn club. The investment values the company at $1.5 billion and is led by HCLTech, one of India’s largest technology services firms, alongside global venture capital investor Bessemer Venture Partners. Existing backers Khosla Ventures and Peak XV Partners also participated in the round. The funding comes at a time when India is seeking to strengthen its domestic AI capabilities amid a global race to build advanced AI systems. In other news, concerns over the impact of social media on children’s mental health and online safety are prompting governments worldwide to tighten regulations on tech platforms. On Monday, UK Prime Minister Keir Starmer announced plans to ban social media platforms from offering services to users under 16. The prop..

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OpenAI burned $3.7 billion in first quarter of 2026- The Information

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SpaceX, the aerospace manufacturer and space transportation services company, experienced an extraordinary $US122 billion ($173 billion AUD) surge in market valuation in a single day on Wall Street. The firm, also developing significant satellite communications and an emerging artificial intelligence The post SpaceX Valuation Soars Amidst Frenzied Trading first appeared on Sharecafe .

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June 16 (Reuters) - Intel ⁠on Tuesday said the new generation of its ⁠18A manufacturing process has entered risk production, ‌as the chipmaker sees strong demand for its central processors.

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OpenAI burned $3.7 billion in first quarter of 2026- The Information

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Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the ​need to spend billions of dollars on AI infrastructure.

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Facebook users can now ask Meta AI questions and receive answers based on public discussions across the platform. New AI editing features are also rolling out.

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The modern internet was built on a simple bargain. Websites created content. Search engines sent users to those websites.

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U.S. Commerce Secretary Howard Lutnick said he took action against Anthropic's latest Mythos and Fable AI models because officials feared they could be deployed by military intelligence users in China, Russia or other countries of concern.

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News consumers around the world are now turning more to social media and video platforms than traditional outlets for information, a respected report said Tuesday, warning that old-style business models are under threat. The year 2026 marks “a significant milestone: for the first time, social media and video network consumption is now ahead of other [...]

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AP & Google to set up Joint Task Force to explore collaboration on Artificial Intelligence and Cloud Computing

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Bitcoin mining to AI data center conversion reached new scale as AiOnX closed a $500 million acquisition of Genesis Digital Assets, gaining 1.3 gigawatts of US and Swedish sites to retool as GPU compute. Converting all 15 facilities requires full ASIC-to-GPU swaps, InfiniBand networking, liquid cooling, and up to $11 million per megawatt in capital costs.

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AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. REUTERS/Dado Ruvic/Illustration/File photo When a US judge found fabricated quotes in a lawyer's brief earlier this year, the attorney admitted he had used Claude, an artificial intelligence chatbot, to write the document. That got him a fine and a mandatory course on how to use AI properly. But this case was just one in a rising tide of AI "hallucinations" muddying the legal waters. Now some courts are trying to stem the tide by cracking down on the lawyers concerned. It was judge Jerry Edwards Jr., of Louisiana district court, who sanctioned the lawyer in that recent US case last month. He found the AI-generated hallucinations while reviewing a motion to block evidence from being admitted in a personal injury case. He caught seven quotes attributed to previous court rulings that either did not appear in the original decisions or had been misrepresented. The hapless lawyer said a law clerk had caught other fabricated quotes in a first draft. Instead of learning from his mistake however, the attorney simply asked Claude to correct the errors -- then submitted the brief without reviewing it. The attorney had believed the AI's output was accurate, said the court's May 18 memorandum order announcing the sanctions. "Ignorance of the risks of AI usage is no longer an excuse," the judge wrote, fining the lawyer $1,000 and sending him on a three-hour course on AI-assisted legal practice. But he at least granted part of the motion. - Hundreds of cases - AI-generated blunders do not necessarily destroy a lawyer's case, French lawyer Damien Charlotin told AFP. "The lawyer's credibility is in tatters -- but there are cases where lawyers still win, despite the hallucinations, because they were right on the merits," he explained. But there are other issues. Judge Linda Kevins of New York State's Supreme Court warned in a January ruling that such blunders wasted the time and money of both the opposing party and the court. In addition, she said, they were "potentially harming the reputation of judges and courts whose names are falsely invoked as authors of the bogus opinions". Charlotin has been compiling a database of court documents containing AI hallucinations since April 2023. So far, he has 1,600 examples from 35 countries: from fabricated quotes and cases, to plagiarised arguments or references and out-of-date advice. Since it is a crowd-sourced database it cannot count as the definitive list, but by far the most cases -- 1,116 of them -- come from the United States. Next comes Canada, with 173 cases, Australia with 74, then Britain with 59. - 'Do your job!' - "In the legal field, AI is used for research, finding precedents, and sometimes generating text," said Charlotin. Lawyers and litigants representing themselves who submitted documents containing AI hallucinations were most often using mainstream chatbots, particularly OpenAI's ChatGPT. The data suggests that specialised legal AI tools, used by many law firms, are more reliable -- but they are still not immune from hallucinations. "AI thrives on recognising patterns. And legal citations and arguments are always formatted in the same way, so it's easy for an AI to follow a template and generate fake ones," said Charlotin. "Because no lawyer knows all past cases, when a chatbot outputs something that looks like a law citation, the only way to know it actually exists is to check it," he added. But some lawyers are still not doing that, said judge Scott Schlegel, who serves on the American Bar Association's Task Force on Law and Artificial Intelligence. Too many attorneys still do not understand the technology's limits, he told AFP. Time pressures are compounding the problem, Charlotin's database shows. But that's no excuse, Schlegel told AFP in February. "At this point, I just can't understand how we still have the issue. Just do your job and read the cases. Come on!" - Sanctions - According to Charlotin's data, hallucinations in court filings have increased eightfold in the past year compared with the previous 12 months. He is testing his own AI-powered tool to help lawyers spot hallucinations before they are submitted to courts. But he cannot guarantee it will not itself make mistakes. "It's still up to the lawyers to adapt their verification process to the issues at hand," he said. Databases such as Court Listener have a growing list of rulings on AI-generated calamities in the US courts. And in several such cases, judges are handing out more than just reprimands. Last week, federal judge Sharion Aycock sanctioned lawyers on both sides of a civil case in Mississippi after they submitted AI-assisted legal briefs that cited non-existent cases. Four lawyers were fined $8,000 in total, and two of them were barred from appearing in the Mississippi Northern District Court for two years. "In an era of rampant unverified AI usage within the legal field, this case presents a prime example of the risk associated with serving as a rubberstamp when acting as local counsel", she wrote in the sanctions order. ©Citizen Digital, Kenya

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Elon Musk has predicted that AI and robotics will lead to an era of automated abundance, eventually making traditional money irrelevant. As production costs drop and robots handle most labour, Musk envisions a massive economic shift. To mitigate the loss of wages, he continues to advocate for a system of universal high income for citizens.

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Regional stock indexes hit record highs as AI demand and supply constraints drive gains

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We have spent eons discussing AI as an abstract entity, or a disembodied brain confined to screens, text prompts, and data centers. We marvel at its ability to draft poetry or summarize financial reports, forgetting that the real world is made of concrete, steel, and moving parts. But the true frontier of the AI wave [...] Source

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The potential deals demonstrate that efforts by Chinese chipmakers to offer alternatives to foreign AI chips are gaining traction

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The jobs can command salaries of nearly US$3.5 million (S$4.5 million) per year - though they may have a limited shelf life.

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French President Emmanuel Macron has said France and India will deepen collaboration on “cooperative AI”, days after US restrictions forced Anthropic to suspend access to its latest models. Speaking alongside Prime Minister Narendra Modi, Macron also hailed India’s innovation ecosystem and called the two countries natural partners.

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London, United Kingdom--(Newsfile Corp. - June 15, 2026) - Your Company Formations, a UK company formation specialist, has released new analysis examining how artificial intelligence is influencing entrepreneurship and the creation of new businesses across the United Kingdom.

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The gathering brought together more than 30 professionals across AI, energy, finance, mobility, sustainability, cybersecurity, design, and sports business for a high-level exchange on practical innovation. DUBAI, UAE, June 15, 2026 /PRNewswire/ -- STARTRADER hosted the KTH Alumni Evening...

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Roper Technologies is a diversified software conglomerate with a 33-year dividend growth streak. Read why I rate ROP stock as a hold.

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New Delhi, June 14 (IANS) If India can combine its talent advantage with stronger research and development (R&D) and continued skilling, the country can become a very important contributor to the global AI ecosystem, says Arundhati Bhattacharya, President and CEO, Salesforce South Asia. India has the talent, digital infrastructure and entrepreneurial energy to become a leader in AI. “A lot of innovation will come from India's unique requirements, whether it is multilingual AI, cost-efficient models, or solutions that can work at enormous scale. At the same time, we need to do much more on R&D. Talent alone is not enough; we need stronger focus on research, greater collaboration between industry, academia and government, and a sustained focus on innovation,” Bhattacharya told IANS. In an AI-first world, the most durable asset isn't a technical skill; it's curiosity. “And if there's one thing I've learned from my own non-linear journey — from an English Literature graduate to leading one of the world's fastest-growing tech regions — it's that the willingness to pivot, to learn, to stay curious, is what defines a lasting career. The future of work isn't about surviving AI. It's about having the courage to lead it,” she explained. According to her, the most important skill today is the ability to keep learning. Domain expertise will continue to matter, but people also need to become comfortable working with AI because it is becoming part of everyday work across industries. “At the same time, human judgement, creativity, communication and empathy will become even more valuable because these are the capabilities that complement AI. Some skills will sunset, new ones will emerge, and many of the jobs of the future do not yet have names,” Bhattacharya told IANS. At Salesforce, “we believe in being customer zero. We use our own technology extensively before taking it to customers. For example, when we introduced an agentic layer into help.salesforce.com, our first-call resolution rate improved from around 44 per cent to over 84 per cent. It reinforced for us that when the data, context and governance are right, AI can deliver measurable business outcomes,” she noted. The company is committed to helping skill one million people in AI by 2030 through partnerships with AICTE, government initiatives, educational institutions and its broader ecosystem. Salesforce's Hyderabad Centre of Excellence has completed a decade. Today, “we are 17,000-plus across seven locations, and India is the second largest R&D centre globally after the US. Those numbers reflect a journey that has been quite significant,” she said. --IANS na/

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Amazon voiced concerns about Anthropic AI models before U.S. government's crackdown, source says​ The Hindu Zoho founder Sridhar Vembu reacts to US restricting Anthropic’s Fable 5 model, says ‘why pay money to ...’ The Times of India Anthropic disables access to Fable 5 and Mythos 5 to comply with government directive CNBC AI curbs expose domestic gaps as India Inc seeks stronger sovereign strategy Telegraph India Opinion | The AI Kill Switch, And Why Sovereign AI Just Became Non-Negotiable NDTV

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