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“… Schuler, chief executive Virgin Media O2, said: “Given the market conditions we face, the regulatory backdrop in fibre and the technological changes sweeping across all areas of the economy, standing still and doing what we’ve always done is not an option…”

“… Schuler, chief executive Virgin Media O2, said: “Given the market conditions we face, the regulatory backdrop in fibre and the technological changes sweeping across all areas of the economy, standing still and doing what we’ve always done is not an option…”

“… Schuler, chief executive Virgin Media O2, said: “Given the market conditions we face, the regulatory backdrop in fibre and the technological changes sweeping across all areas of the economy, standing still and doing what we’ve always done is not an option…”

“For the week, the FTSE 100 added 0.4%, the FTSE 250 rose 0.9% and the AIM all-share also climbed 0.9%.”

“The FTSE 250 ended 34.90 points higher, 0.1%, at 24,674.16, and the AIM all-share advanced 2.53 points, 0.3%, at 763.45.”

“The announcement forms part of a wider package of measures, including proposed tax cuts this winter, fairer energy bills next year and longer-term energy market reforms aimed at delivering cheaper power.”

“AI can also be a “powerful lever for economic growth” and boost productivity through automation for workers and businesses, it said.”

“Chris Williamson, chief business economist at S&P Global Market Intelligence, said: “There are reports of paused spending due to a lack of clarity on domestic economic policy in the run up to the Budget, meaning the promising economic picture from the latest…”

“The sector had earlier been knocked by a poor market debut for South Korean AI services firm Elice Group – with the stock slumping 32% on its initial public offer.”

“The Hampshire-based maker of power and data transmission products, said trading in the half-year ended September 30 was “excellent”, with year-on-year growth in every end-market.”

“It’s easy to assume marketing jargon is unequivocal truth if you don’t know which questions you should be asking of a product, and that’s where experts and editors do the hard work for you.”

““We remain committed to our partnership with Nscale, including work to build robust digital infrastructure and support AI growth globally.””

“Kathleen Brooks, research director at XTB said the AI trade was experiencing a “major shake-out”, and the market was ignoring strong earnings beats as investors fret about strong inflation, amid an increase in Fed rate hike bets.”

“Sarah Breeden made the comments after the UK economy reported surprise growth in August on the back of strong factory production, marking a boost to the Chancellor ahead of the autumn Budget.”

“AI has caused ‘very good’ disruption to job market, recruiter boss says The growing use of artificial intelligence in the workplace has caused “very good” disruption to the job market, the boss of a recruitment agency has said.”

“Despite the gains, Kathleen Brooks, research director at XTB, said that “beneath the surface calm” there is growing concern about the “plumbing” in financial markets, everything from the cost of capital to the sustainability of the AI trade.”

“The latest UK gross domestic product (GDP) figures showed the AI spending boom was a key driver of growth in July, with many of the businesses recording the largest turnover identified as being involved in activities relating to AI and cloud computing.”

“The FTSE 250 fell 178.58 points, 0.7%, to 24,036.75, and the Aim all-share shed 7.64 points, 1.0%, to 775.98.”

“Companies using new technology including artificial intelligence (AI) reported it as a reason for not needing to replace workers when they leave.”

“Slough’s facilities are used for everything from cloud computing to financial transactions and boring old corporate IT to generative AI.”

“The FTSE 250 fell 396.78 points, 1.6%, to 24,143.21, and the AIM all-share slid 5.36 points, 0.7%, to 782.04.”

“Recent figures also revealed the UK economy recorded surprise growth of 0.4% in July as the AI spending boom helped deliver a boost, showing a more resilient than expected to start to the third quarter.”