The Guardian Technology (1 hour ago)
Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Business live – latest updates Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI.
Read the full story on The Guardian Technology.
Barclays expects to have cut around 5,000 jobs by the end of 2026, roughly 5% of its staff. The bank said artificial intelligence and other technology now let it do the same work with fewer people.
Finance professionals used to learn their jobs by doing the work themselves. They processed invoices, reconciled accounts, investigated exceptions, chased approvals, and gradually developed the judgment needed to handle more complex situations.
Several years into its life, Gemini is still seen as subpar compared to Google’s legacy assistant.
Europe’s biggest news publishers are asking regulators in the EU and UK to stop Meta from introducing new business terms that they fear could allow the company to copy content from their websites for use in AI products. The changes are due to take effect on 30 October.
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Ask most executives to picture the cost of AI and they’ll likely see GPUs—racks of accelerators with gigawatts of power—and a waitlist for silicon. But that picture leaves something out: Data storage costs. What happens to data after a model responds?
Nintendo Switch 2; Nintendo/Nintendo Bringing a holiday vibe and a generous selection of sport-themed games, this is exactly what you want from a family video game When the first Nintendo Switch Sports brought the effortless fun of Wii Sports back into my living room in 2022, I was frankly…
Exclusive: Nvidia, Microsoft and Cisco taskforce urges ministers to offer areas greater benefits from tech infrastructure amid fears of US-style opposition AI companies have told ministers they have 12 months to head off public opposition to datacentres in the UK or risk US-style protests that…
Author withdrawn from France’s Prix Goncourt last month has repeatedly denied using artificial intelligence to write novel The publisher of top-selling Haitian Canadian writer Thélyson Orélien, who was removed from France’s most prestigious literary prize list last month, has confirmed the author…
Precautionary takedowns come as experts say bad actors could exploit vulnerability in language used by 70% of sites Websites around the globe have gone dark after a serious vulnerability was found in a computer language used to build much of the world wide web.
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