The race begins to make the world’s best self-driving cars


Tech shares slide after SoftBank sells Nvidia stake; UK interest rate cut expected in December – as it happened
Several economists are predicting the Bank of England could cut interest rates as soon as December, following this morning’s weak jobs report.And looking further ahead, the money markets are now indicating they expect 65 basis points of BoE rate cuts by the end of next year, up from 55 bps on Monday. That means two quarter-point cuts by December 2026 are fully priced in, with a third now more likely.Suren Thiru, economics director at ICAEW (the Institute of Chartered Accountants in England and Wales), reckons the odds of a rate cut next month have risen, now that unemployment has jumped to 5% and wage growth has slowed.“These figures suggest that the UK’s labour market is suffering from pre-Budget jitters, as businesses already weakened by April’s rise in national insurance look to cut recruitment further in anticipation of another difficult Budget

SoftBank sells stake in Nvidia for $5.8bn as it doubles down on OpenAI bets
The Japanese technology investor SoftBank intensified the debate about valuations in the artificial intelligence world on Tuesday by revealing it had sold its stake in the chipmaker Nvidia.In its latest quarterly results, SoftBank showed it had sold its shares in Nvidia for $5.8bn (£4.4bn) in October, as it doubles down on its bets on OpenAI, the group behind the ChatGPT chatbot. It also reported that second-quarter net profit more than doubled to 2

John Tymukas obituary
My brother-in-law John Tymukas, who has died aged 73, was a structural engineer on many of London’s infrastructure projects from the 1990s onwards, including Canning Town station, Heathrow Terminal 5, Glaxo Smithkline HQ and Crossrail Bond Street.Born in Adelaide, South Australia, John was the son of Kostas, a Lithuanian refugee and engineer, and Kathleen (nee Donohoe), the daughter of Irish emigrants and a former clerk. He was the eldest of six siblings. John completed his education in Brisbane at Downlands school and the Queensland Institute of Technology, where he took a four-year engineering degree course and worked in Australia before heading in 1990 to London to work on contracts with engineering companies such as SKB and WSP.An avid traveller, he covered Europe extensively, making contact with Lithuanian and Irish family members and discovering family history unknown in Australia until he made the links

ChatGPT violated copyright law by ‘learning’ from song lyrics, German court rules
A court in Munich has ruled that OpenAI’s chatbot ChatGPT violated German copyright laws by using hits from top-selling musicians to train its language models in what creative industry advocates described as a landmark European ruling.The Munich regional court sided in favour of Germany’s music rights society GEMA, which said ChatGPT had harvested protected lyrics by popular artists to “learn” from them.The collecting society GEMA, which manages the rights of composers, lyricists and music publishers and has approximately 100,000 members, filed the case against OpenAI in November 2024.The lawsuit was seen as a key European test case in a campaign to stop AI scraping of creative output. OpenAI can appeal against the decision

Advantage England? Emma Raducanu gives tips to squad for All Blacks clash
England’s preparations for their clash with the All Blacks on Saturday have been boosted by some words of wisdom from the former US Open tennis champion Emma Raducanu, who visited their Bagshot training base on Tuesday.Raducanu took to the training field with Steve Borthwick’s squad, taking part in lineout practice and kicking drills with Marcus Smith before sharing insights with the captain, Maro Itoje. Borthwick also invited the Brighton manager, Fabian Hürzeler, to address the squad this week.Eddie Jones was vilified in 2021 when he appeared to criticise the British No 1 women’s tennis player, using the 22-year-old to illustrate the pitfalls of off-field distractions when saying: “There’s a reason why the young girl who won the US Open hasn’t done so well afterwards.” As revealed by the Guardian, Raducanu then skipped an invitation from the Rugby Football Union to attend a match at Twickenham later that autumn

England play Generation Game against All Blacks with overhaul of traditional order of selection | Robert Kitson
Selecting your best XV to start a big rugby match feels increasingly quaint these days, as redolent of a different era as the Generation Game or Starsky & Hutch. To the point where you half expect to find the home teamsheet to face New Zealand this weekend has D‑N‑A‑L‑G‑N‑E printed at the top of it. Even with the All Blacks in town, the traditional order of selection no longer applies.Instead it is all about the endgame. On this occasion Steve Borthwick has picked six British & Irish Lions on his bench compared with only four in his starting lineup

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