In a nod to the evolving threat landscape that comes with cloud computing and AI and the growing supply chain threats, Microsoft is broadening its bug bounty program to reward researchers who uncover threats to its users that come from third-party code, like commercial and open source software,

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President Nayib Bukele entrusting chatbot known for calling itself ‘MechaHitler’ to create ‘AI-powered’ curricula

Elon Musk is partnering with the government of El Salvador to bring his artificial intelligence company’s chatbot, Grok, to more than 1 million students across the country, according to a Thursday announcement by xAI. Over the next two years, the plan is to “deploy” the chatbot to more than 5,000 public schools in an “AI-powered education program”.

xAI’s Grok is more known for referring to itself as “MechaHitler” and espousing far-right conspiracy theories than it is for public education. Over the past year, the chatbot has spewed various antisemitic content, decried “white genocide” and claimed Donald Trump won the 2020 election.

Plans are response to surge in demand for AI capability and come after government signalled it would curb subsidies

Drax has revealed plans to convert part of its power plant in North Yorkshire into a datacentre as soon as 2027 in response to the increase in demand for AI capability.

The FTSE 250 company behind Britain’s biggest power plant told investors on Thursday that it had applied for planning permission to build a 100-megawatt datacentre at its site near Selby.

Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending

• Business live – latest updates

Oracle’s shares tumbled 15% on Thursday in response to the company’s quarterly financial results, disclosed the day before.

Roughly $80bn vanish from the value of the business software company co-founded by Donald Trump ally Larry Ellison, falling from $630bn (£470bn) to $550bn and fuelling fears of a bubble in artificial intelligence-related stocks. Shares in the chipmaker Nvidia, seen as a bellwether for the AI boom, fell after Oracle’s.

Agreement comes amid anxiety in Hollywood over impact of AI on the industry, expression and rights of creators

Walt Disney has announced a $1bn equity investment in OpenAI, enabling the AI startup’s Sora video generation tool to use its characters.

Users of Sora will be able to generate short, user-prompted social videos that draw on more than 200 Disney, Marvel, Pixar and Star Wars characters as part of a three-year licensing agreement between OpenAI and the entertainment giant.

Rolling coverage of the latest economic and financial news

In the energy sector, Russia’s revenues from exports of crude oil and refined products has fallen to its lowest level since the invasion of Ukraine in 2022.

The International Energy Agency has reported this morning that Moscow’s sales of fossil fuels fell again in November due to lower export volumes and weaker prices.

These brighter prospects extend to our 2026 forecast, which we have upgraded by 90 kb/d, to 860 kb/d y-o-y.

“We need to ask who is setting the agenda for the UK’s future with AI.”

“In the absence of independent regulation or scrutiny, we’re at the mercy of technology companies’ commercial interests aligning with what the public want.”

The short answer is yes, but if you don’t want big brands or to use Amazon then more time and a lot more prompts are needed

• ‘Is retail ready for the AI shopping shift?

The question “what present do you recommend for …” will be tapped into phones and computers countless times over this festive period, as more people turn to AI platforms to help choose gifts for loved ones.

With a quarter of Britons using AI to find products, brands are increasingly adapting their strategies to ensure their products are the ones recommended, especially those trying to reach younger audiences.

As shoppers ask ChatGPT for inspiration, brands scramble to ensure their products appeal to the bots calling the shots

• Consumer test drive: can AI do your Xmas gift shopping for you?

Christmas shopping – some love it, to others it’s a chore, and this year for the first time many of us will outsource the annual task of coming up with gift ideas to artificial intelligence.

While traditional internet search, social media – especially TikTok and Instagram – and simply wandering a local high street will still be the main routes to presents for most this year, about a quarter of people in the UK are already using AI to find the right products, according to PricewaterhouseCoopers.

Boss says German firm also investing in generative engine optimisation to help push it to top of chatbot responses

• Business live – latest updates

Tui, Europe’s biggest travel operator, has said it is investing heavily in AI as more people turn to ChatGPT to help book their holidays, including using the technology to create “inspirational” videos and content.

The chief executive, Sebastian Ebel, said the company was investing in generative engine optimisation (GEO), the latest incarnation of search engine optimisation (SEO), to help push Tui to the top of results from AI chatbots including ChatGPT and Gemini.

They have unleashed irresponsible innovations on the world and their slop generators have flooded academia, says Dr Craig Reeves

I’m not surprised to read that the field of artificial intelligence research is complaining about being overwhelmed by the very slop that it has pioneered (Artificial intelligence research has a slop problem, academics say: ‘It’s a mess’, 6 December). But this is a bit like bears getting indignant about all the shit in the woods.

It serves AI researchers right for the irresponsible innovations that they’ve unleashed on the world, without ever bothering to ask the rest of us whether we wanted it.

About half of purchases involve shoppers using online retailer’s artificial intelligence-led features

The online card service Moonpig has reported a bump in sales thanks in part to its increased use of AI to help design cards, personalise customers’ messages and answer queries.

The company said sales rose 6.7% to £169m in the six months to 31 October and had remained strong in the weeks since then, largely as a result of increased orders and spend per order at its main Moonpig brand.

Producer says creatives need to own their intellectual property so they can license it to generative AI platforms

The Eurythmics co-founder Dave Stewart has said artificial intelligence is an “unstoppable force”, and musicians and other artists should bow to the inevitable and license their music to generative AI platforms.

These platforms use artificial intelligence to analyse existing songs and tracks, using that knowledge to generate completely new ones as prompted by a user. For example, someone could ask the AI platform to generate a song about a boozy night out in the style of a Britpop band, and it would draw on songs with similar sounds and themes to create its own.

Work that once took months now takes hours. Work that once demanded large product engineering teams now depends on clarity, context, and precise prompts. This...Read More

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AI has changed how teams develop software products. Instead of writing every line inside a traditional IDE, developers now describe what they want and let...Read More

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Every healthcare CEO and CTO is asking the same question in 2025 and for 2026, “Can I trust what my AI just told me?” Artificial...Read More

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The pace of change isn’t slowing down. If anything, it’s accelerating. Emerging technologies, new competitors, and new customer expectations are rewriting the rules of business....Read More

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