Former Deputy Prime Minister Sir Nick Clegg has warned that the current wave of valuations across the artificial intelligence sector is “crackers”, arguing that many AI businesses have yet to demonstrate viable paths to profitability despite the billions pouring into machine learning. Speaking at The Times Tech Summit, Clegg saidContinue Reading

Supermarket giant Morrisons will close 103 outlets across the UK this year — including cafés, florists, pharmacies and convenience stores — in its latest effort to streamline operations and refocus investment on core areas of growth. The closures form part of a broad restructuring strategy to “accelerate growth” and “optimiseContinue Reading