News Posts matching #UK Government

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OpenAI Considers Exit From Europe - Faces Planned Legislation from Regulators

OpenAI's CEO, Sam Altman, is currently exploring the UK and Europe on a PR-related "mini" world tour, and protesters have been following these proceedings with much interest. UK news outlets have reported that a demonstration took place outside of a university building in London yesterday, where the UCL Events organization hosted Altman as part of a fireside discussion about the benefits and problems relating to advanced AI systems. Attendees noted that Altman expressed optimism about AI's potential for the creation of more jobs and reduction in inequality - despite calls for a major pause on development. He also visited 10 Downing Street during the British leg of his PR journey - alongside other AI company leaders - to talk about potential risks (originating from his industry) with the UK's prime minister. Discussed topics were reported to include national security, existential threats and disinformation.

At the UCL event, Altman touched upon his recent meetings with European regulators, who are developing plans for advanced legislation that could lead to targeted laws (applicable to AI industries). He says that his company is "gonna try to comply" with these potential new rules and agrees that some form of regulation is necessary: "something between the traditional European approach and the traditional US approach" would be preferred. He took issue with the potential branding of large AI models (such as OpenAI's ChatGPT and GPT-4 applications) as "high risk" ventures via the European Union's AI Act provisions: "Either we'll be able to solve those requirements or not...If we can comply, we will, and if we can't, we'll cease operating… We will try. But there are technical limits to what's possible."

UK Government Criticized for Insufficient Support of Semiconductor Industry

The United Kingdom's Prime Minister Rishi Sunak has recently announced a semiconductor-related partnership with with Japan (at the G7 Hiroshima Summit), as well as a $1 billion ($1.25 billion) support package for microchip industries within the UK - with the intended goal of turning the nation into a "technology superpower." The 10-year investment strategy was initially expected to kick of last Autumn, but the announcement was delayed, for various reasons, to last weekend's intergovernmental political forum held in Japan. Sunak hopes that the new strategy "will grow our economy, create new jobs and (make the UK) stay at the forefront of new technological breakthroughs."

The United Kingdom's microchip industry has been described as a "fledgling" operation when compared to its neighbors' undertakings, and industry figures think that the government's pledge of £1 billion in support is "insignificant" in the grand scheme of things. They cite the USA's CHIPS Act ($52 billion) and an equivalent scheme devised by the European Union (€43 billion of aid) as glowing examples of proper expenditure and reinforcement of their respective semiconductor industries. One technology critic thinks that the UK's support package is good enough for improving research and development departments, but it will in no way pave the way for local companies to reach the same level as big international players such as NVIDIA, Qualcomm, Broadcom and AMD. Cambridge, UK-based firm Arm opted to file for an IPO in the United States earlier this month, and ignored London's stock exchange entirely - the semiconductor and software design company is wholly owned by Japan's Softbank - prior to a change in ownership, Arm was viewed as Britain's leading light in the technology biz.

UK Competition Regulator Reinforces Restrictions on Microsoft and Activision Blizzard

The UK's Competition and Markets Authority (CMA) has set further restrictions on Microsoft and Activision Blizzard, thus preventing the mega corporations "acquiring an interest" in each other. An interim order has been published and uploaded to the United Kingdom government's website, as of last week - stating that these companies would require "prior written consent" from the CMA before the making of any business deals. The order is applicable to their main entities as well as smaller subsidiaries.

It was reported a week ago that Microsoft was lawyering up in preparation for its appeal against the UK ban of the $69 billion acquisition (encompassing Activision, Blizzard Entertainment, and King Digital Entertainment). Rumors emerged just before last weekend that EU regulators had largely approved the merger - with Reuters claiming that the deal had received clearance from the European Commission.

Microsoft Boss Continues Tirade Against UK Market Regulator, Following Blocking of Activision Blizzard Takeover

Brad Smith, vice chair and president at Microsoft has been doing the rounds with the UK press, and the incensed executive continues to express anger about the nation's Competition and Markets Authority (CMA) preventing his company's proposed buyout of Activision Blizzard. The UK antitrust watchdog yesterday blocked the deal on the grounds that a merging of (already massive) games publishers could result in a potentially catastrophic skew in Microsoft's favor within the fast growing cloud gaming market sector. The CMA's latest findings suggest that the takeover would "lead to reduced innovation and less choice for UK gamers over the years to come." This verdict comes as a major blow to Microsoft's gaming division following a number of victories - including Japan's competition regulator approving the takeover bid late last month. The company's gaming division (Xbox Game Studios) is awaiting verdicts from the EU commission and US Federal Trade Commission.

In a business-themed podcast interview (conducted by the BBC), Microsoft boss Brad Smith declared that the UK government's blocking of the merger represented a bad move "for Britain" in terms of attracting international business. Microsoft has been operating in country for four decades, and Smith casts doubt on that relationship - in his opinion - the mega corporation has experienced its "darkest day" in the region: "It does more than shake our confidence in the future of the opportunity to grow a technology business in Britain than we've ever confronted before. People are shocked, people are disappointed, and people's confidence in technology in the UK has been severely shaken." Smith insists that fledgling companies should look elsewhere to start a base of operations: "There's a clear message here - the European Union is a more attractive place to start a business than the United Kingdom."

Report Suggests Microsoft to Demo Xbox Products at UK Government Endorsed Event, Coincides with Competition Watchdog Verdict

The Sky UK news network has gathered intel from industry and government sources about an industry event that is due to take place next week at a very famous location - 10 Downing Street - the residence of the UK's Prime Minister. Sky News has been informed that Microsoft has been invited to attend the showcase by the UK Interactive Entertainment (UKIE) industry organization - best described as the main trade body for the nation's games and interactive entertainment sector. The American technology behemoth is expected to display and demonstrate their Xbox gaming product range in front of top politicians and key entertainment industry figures. There is no mention of representatives from Sony Interactive Entertainment (SIE) being invited to attend in a similar capacity. The timing of this UKIE organized event (to take place on April 26) is highly controversial as it will coincide with the UK's Competition and Markets Authority's statutory deadline to deliver a Phase-2 verdict on Microsoft's proposed acquisition of Activision Blizzard.

The UK Competition and Markets Authority (CMA) regulatory body has already delivered a provisional approval of the aforementioned deal, but stated that it required more time to investigate the potential for irregularities in competition within the cloud gaming sector. The Phase-2 verdict, due to be delivered next week, is anticipated to include the antitrust watchdog's finalized judgement on cloud gaming market affairs. Sky's insider sources in the city of London have speculated that Microsoft could face a humiliating situation at the 10 Downing-hosted party, if by coincidence the CMA changes its opinion on the Activision Blizzard takeover bid. If the competition regulator stays consistent with its (earlier) provisional decision, Microsoft could be criticized for its extensive courting of government organizations - not only in the UK, but around the world.

Arm Holdings Seeks Public Listing in the USA Only, Despite UK Government Efforts

Arm Holdings, the Cambridge, UK-based chip designer, is seeking public listing solely in the USA. This major decision has struck a blow to the UK Government's efforts to encourage a dual public listing. Multiple Prime Ministers and high level staff have been in regular meetings with the Arm Executive Team. The current UK Prime Minister Rishi Sunak met with Arm's CEO Rene Haas and SoftBank's founder and Chief Executive Masayoshi Son back in January of this year. It was reported that the meeting was a last ditch attempt to secure an application for UK listing from both companies. Arm Senior Team members have also been in talks with representatives from the London Stock Exchange.

UK Game Developers add in-game Lockdown Messages

A consortium of UK game development studios have partnered with the UK government to promote safe Coronavirus lockdown measures. Activision Blizzard, Codemasters and Rebellion will work with the UK Government to feature messaging from Public Health England's 'Stay Home Save Lives' campaign in their games.

The first of these additions can be seen in Dirt Rally 2.0 where the 'Stay Home Save Lives' message is featured prominently on the in-game banners at the start of the track. The government hopes that by placing these ads, young people will follow the lockdown instructions.
Dirt Ralley 2.0

UK Prepares $1.6 Billion for the Most Powerful Weather Forecasting Supercomputer

The UK government has set aside a budget of 1.2 billion GBP, which is roughly around 1.56 billion US Dollars. With this budget, the UK government plans to install the world's most powerful supercomputer used for weather forecasting in the year 2022. Previously, the UK government used three Cray XC40 supercomputers that are capable of achieving a maximum of 14 PetaFLOPs at its peak performance. The future system plans to take that number and make it look tiny. With plans to make it 20 times more powerful than the current machine, we can estimate that the future supercomputer will have above 200 PetaFLOPs of computing performance.

The supercomputer deployment will follow a series of cycles, where one is happening in 2022 and that supercomputer will be six times more powerful than the current solution. To get to that 20 times improvement, the supercomputer will get an upgrade over the next five years' time. While we do not know what will power the new machine, it will almost definitely be a CPU plus multi-GPU node configuration, as GPUs have gained a lot of traction in weather prediction models lately.
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