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FTSE 100 hits fresh record high as gold heads for best day since 2008; SpaceX buys xAI in $1.25tn deal – business live

Britain’s FTSE 100 share index has hit another record high at the start of trading.With a risk-on mood gripping markets, the Footsie has gained 21 points, or 0.2%, to touch a fresh intraday high of 10,362 points.This means the index has risen by 4.3% so far this year

about 3 hours ago
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UK shoppers buy more fruit and yoghurt in healthy start to 2026

Britons started 2026 by buying more healthy food such as fruit and yoghurt as they attempted to hit new year health goals, while grocery price inflation eased to the lowest level since April, research has shown.Annual grocery inflation fell back to 4% in the four weeks to 25 January from 4.7% in December, offering some relief for shoppers, according to a monthly snapshot of the grocery sector from the research company Worldpanel by Numerator.Consumers turned to healthy eating, it said, with sales volumes of fresh fruit and dried pulses up 6% year on year, while fresh fish was up 5%, poultry 3% and chilled yoghurt 4%. Cottage cheese sales jumped by 50% and it was bought by 2

about 5 hours ago
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French headquarters of Elon Musk’s X raided by Paris cybercrime unit

Prosecutors have raided the French headquarters of Elon Musk’s social media platform X and summoned the tech billionaire and the company’s former chief executive for questioning as part of an investigation into alleged cybercrime.“A search is under way by the cybercrime unit of the Paris prosecutor’s office, the national police cyber unit and Europol,” the Paris prosecutors’ office said in a post on X on Tuesday, adding that it would no longer be publishing on the network.It added in a statement that Musk and Linda Yaccarino had been summoned for voluntary questioning “in their capacity as de facto and de jure managers of the X platform at the time of the events”. Yaccarino resigned as CEO of X in July last year.The prosecutor’s office said it was examining “alleged complicity” in offences related to the platform, including the spreading of child abuse images and sexually explicit deepfakes, the denial of crimes against humanity and manipulation of an automated data processing system as part of an organised group

about 2 hours ago
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‘Deepfakes spreading and more AI companions’: seven takeaways from the latest artificial intelligence safety report

The International AI Safety report is an annual survey of technological progress and the risks it is creating across multiple areas, from deepfakes to the jobs market.Commissioned at the 2023 global AI safety summit, it is chaired by the Canadian computer scientist Yoshua Bengio, who describes the “daunting challenges” posed by rapid developments in the field. The report is also guided by senior advisers, including Nobel laureates Geoffrey Hinton and Daron Acemoglu.Here are some of the key points from the second annual report, published on Tuesday. It stresses that it is a state-of-play document, rather than a vehicle for making specific policy recommendations to governments

about 9 hours ago
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The Breakdown | England must overcome history of post-Lions hangovers to lift Six Nations title

All that performance data, all those fixture permutations. All the gym sessions and marginal selections. Not to mention all those finger-in-the-wind tournament previews. But what if identifying the winner of the 2026 Six Nations basically involves overlooking all of that – and is shaped by an underlying factor so simple that it is staring everybody in the face?Interested in finding out what this magic bullet might be? OK, here goes. Without cheating (or consulting your new friend Monsieur AI), spot the common link in the following sequence of years: 2022, 2018, 2014, 2010, 2006, 2002, 1998, 1994, 1990, 1984, 1981, 1978, 1975, 1972, 1969 and 1967? Tricky, isn’t it? Even years, odd years, irregular gaps … if you were a statistician seeking a mathematical pattern you would be sat there gazing at the numbers for a long time

about 3 hours ago
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Butler did it: 11 years on, was the NFL’s most criticized call actually the right decision?

The last time the Seahawks and Patriots met in a Super Bowl, a dramatic interception by an undrafted rookie changed the history of both franchisesWhen the New England Patriots faced off against the Denver Broncos in this season’s AFC championship, Malcolm Butler was at home in Houston. He had considered attending the game in Denver or watching on TV in a No 21 Patriots jersey, which he wore in Foxboro for four seasons through the mid-to-late 2010s, but feared he might jinx the outcome. In the end, it was just him and his nerves for company.Just as Butler was feeling somewhat at peace with that setup, and the Patriots’ prospects, a bad omen intruded: His wifi glitched, delaying the broadcast as the Patriots clung on to a three-point lead in the fourth-quarter. “I was lagging bad,” Butler tells the Guardian

about 4 hours ago
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Barnsley rebranded UK’s first ‘tech town’ as US giants join AI push

about 14 hours ago
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Barnsley rebranded UK’s first ‘tech town’ as US giants join AI push

about 14 hours ago
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In 2002 Barnsley toyed with a redesign as a Tuscan hill village as it sought out a brighter post-industrial future.In 2021 it adopted the airily vague slogan “the place of possibilities”.Now it is trying a different image: Britain’s first “tech town”.The technology secretary, Liz Kendall, has anointed the South Yorkshire community as a trailblazer for “how AI can improve everyday life” in the UK.In the latest move in Labour’s drive to inject AI into Britain’s bloodstream, the government has announced four US tech companies – Microsoft, Google, Cisco and Adobe – have agreed to help as the council pushes to apply AI to local schools, hospitals, GPs and businesses in Barnsley, an area of South Yorkshire which has struggled with unemployment and deprivation since the coal pits closed.

The town and its 250,000 people have been chosen because they have already adopted AI faster than many places, said Sir Stephen Houghton, the Labour leader of Barnsley metropolitan borough council,His authority has been using AI assistants for the last couple of years in adult social care and children’s services, and its bin lorries have been enabled with tech to scan roads for potholes,The parcel company Evri, which has one of its largest distribution hubs in the town, has been trialling robot dogs for deliveries,But local opposition leaders have warned rebranding Barnsley as a tech town “might seem a bit of a leap” and highlighted local anxiety about whether AI is a force for good,The “tech town” status means residents will get free AI and digital training, businesses will be supported to adopt AI, the hospital will test AI tools for check-ins, triage and outpatient care and AI will be tested in schools and at Barnsley College, all in an effort to improve pupils’ results and teachers’ workloads.

“The economic basis of Barnsley was destroyed 30 years ago,” Houghton said.“This is the biggest opportunity we have had since then.The future of the economy is going to be in technology and for Barnsley to be at the centre of that is an incredible opportunity.”But one area of uncertainty is the role of the tech companies.Houghton said: “The council won’t be paying them.

Whether the government is, we have to wait and see.”Microsoft already has a relationship with Barnsley College and, along with Google and Cisco, is understood to be working on a pro bono basis.“If we are going to get AI to work for Britain, we need Britons and British public services that can work with AI,” Kendall said.“If we can show that AI helps young people learn, supports local businesses to be more productive, and improves public services, then we can show what’s possible for the whole country.What we learn here will shape how we roll out AI across the UK.

”Ministers have faced criticism over their handling of big technology companies.Last week the government launched a national AI training programme to upskill 10 million citizens, but many of the online courses turned out to be bespoke training for customers of particular companies such as Google, others cost as much as £525 to complete and some simply promoted the merits of particular company’s approaches to AI such as one explaining Microsoft’s “responsible AI approach”.A spokesperson for the Department for Science, Innovation and Technology said hundreds of courses on the AI Skills Hub are free and where payment is required it is clearly advertised.“All courses are reviewed against a common set of criteria to ensure they are relevant, high quality, and delivered by eligible organisations,” they said.Ministers have also been challenged for holding meetings with tech bosses at the rate of more than once each working day.

The government insists engagement is vital to create growth and transform services.“It’s not about giving tech companies access to data they shouldn’t be having,” Houghton said.“It’s a secure programme and we are not leaving ourselves open.But this stuff is not going away.We have to make sure we are smart enough to protect people while taking advantage of the positive stuff it brings.

”Hannah Kitching, the leader of the council’s Liberal Democrat opposition, said investment in the town was welcome but “there is a lot of anxiety among people about the use of AI and whether it is a force for good,We know it could be but there are darker sides as well,”“[Barnsley] is still really connected to its mining past,” she said,“Younger people see the jobs and opportunities around the tech town idea but older generations perhaps don’t,There is a job to be done to get people onboard.

”Residents “want the council to get the basics right”, she said.Roads were “absolutely crumbling” and in bad weather bins did not get collected, she added.