Technology sector News

3 articles in technology sector

‘A step-change’: tech firms battle for undersea dominance with submarine drones

As navies seek to counter submarines and protect cables, startups and big defence companies fight to lead market Flying drones used during the Ukraine war have changed land battle tactics for ever. Now the same thing appears to be happening under the sea. Navies around the world are racing to add autonomous submarines. The UK’s Royal Navy is planning a fleet of underwater uncrewed vehicles (UUVs) which will, for the first time, take a leading role in tracking submarines and protecting undersea cables and pipelines. Australia has committed to spending $1.7bn (£1.3bn) on “Ghost Shark” submarines to counter Chinese submarines. The huge US Navy is spending billions on several UUV projects, including one already in use that can be launched from nuclear submarines. Continue reading...

theguardian.com

Nov 28

Technology sectorBusinessDefence policy

UK firms can win a significant chunk of the AI chip market | John Browne

Britain’s legacy in chip design is world-class, and we could supply up to 5% of global demand if we get our act together The UK is in a uniquely promising position, far too little understood, to play a lucrative role in the coming era of artificial intelligence – but only if it also grabs the opportunity to start making millions of computer chips. AI requires vast numbers of chips and we could supply up to 5% of world demand if we get our national act together. Lord Browne is the co-chair of the Council for Science and Technology . He is the chair of BeyondNetZero and was the chief executive of BP from 1995 to 2007 Continue reading...

theguardian.com

Nov 13

Artificial intelligence (AI)Technology sectorComputing

‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn

Making Elon Musk the world’s first trillionaire appears to fit a US investment culture of backing high-flying innovators For all the headlines about an on-off relationship with Donald Trump, baiting liberals and erratic behaviour, Tesla shareholders are loath to part with Elon Musk. Investors in the electric vehicle maker voted on Thursday to put the world’s richest person on the path to become the world’s first trillionaire , despite the controversy that is now seemingly intrinsic to his public profile. Continue reading...

theguardian.com

Nov 7

Elon MuskTeslaTechnology