Availability of electricity to keep models running is becoming the critical factor in technology’s development

Party’s MPs grow frustrated with prime minister’s leadership as crucial Budget nears

Shortfall of up to £30bn is due to Labour policy choices, not just adverse economic forecasts

Bank governor responds to investors and politicians after the value of its holdings of UK government bonds fell

Team principal in advanced negotiations over 5% stake that would set record valuation for a Formula 1 team

Tim Davie’s comments come after US president says he will sue for $1bn if he does not get an apology and compensation

What once made its sovereign states powerful and rich could now be a barrier to their remaining so

Thanks to the magical maths of AI, what the chipmaker loses on one hand it may gain with the other

North Northamptonshire, one of nine councils led by rightwing populist party, will introduce policy in 2027

Turing Award winner seeks to depart as Mark Zuckerberg makes ‘superintelligence’ push

Bill passed by 39 votes to 16 but must clear two more parliamentary votes to become law

Net profit doubles to $16bn on gains from OpenAI and PayPay holdings

Figures are a setback for government ahead of high-stakes Budget

Nordic country’s tax authority on the hook for costs in case that included Sanjay Shah

Debt issued by groups building data centres has been hit in recent weeks

Reassessing taxes and spending every six months introduces excessive policy uncertainty

Body to collate material from national agencies and improve its operational use

The $23bn Simandou mine in Guinea has taken almost three decades to begin operating but could tilt the balance of power in the global iron ore market

Priority Pass wants to reduce overcrowding and give millions of flyers a calmer experience

Lavish mansion acquired by Cathy Ying Zhang adds to overseas property portfolio of the Alibaba billionaire’s family

Wall Street lender was sole adviser to the video game maker on largest-ever take-private transaction

Bank’s customer insights team compared financial resilience of lowest-paid staff to customers as part of salary negotiations

Broadcaster’s deepest crisis in recent history comes amid fresh questions over its future role in British society

World’s most famous investor warns against corporate greed as he prepares to hand over reins of Berkshire Hathaway