Business

Meta talking to Scale AI for $10bn investment: Is AI’s largest private funding deal coming soon?Meta’s potential investment would be its largest external AI outlay so far. Unlike its peers, the tech giant has largely relied on internal research and open-source AI developmentMeta is looking to move ad content creation to fully be outsourced to AI. Image Credit: Reuters

Indian-origin Ashok Elluswamy to head Tesla’s Optimus robot projectMilan Kovac, head of Tesla’s Optimus robot programme, has stepped down to spend more time with his family. His role will be taken over by Ashok Elluswamy, who leads Tesla’s Autopilot team.Indian-origin Ashok Elluswamy to head Tesla’s Optimus robot project. Image: X

Mike Ashley, the high street billionaire, is exploring a cut-price takeover bid for struggling Revolution Beauty – a move that would stoke animosity between him and rival London-listed retailer Debenhams.

Administrators are on standby to handle the collapse of the UK arm of Builder.ai, a Microsoft-backed start-up which has filed for bankruptcy protection in the US.

The US economy saw a slowdown in hiring but no leap in unemployment last month as the impact of Donald Trump’s trade war continues to play out.

JBL Tune Beam 2 Review: A good pair of TWS earbuds in a highly competitive segmentThese JBL earbuds lag behind the competition in a couple of areas but somewhat make up for it with their energetic sound output and TalkThru feature.

The owner of SlimFast has kicked off a sale of the weight loss brand after hiring advisers to orchestrate an auction.

A former McKinsey boss is among the candidates being considered to replace Sir Mark Tucker as the chairman of HSBC Holdings.

There is still the chance for someone to secure the biggest lottery prize the UK has ever seen, after Friday’s EuroMillions draw had no winners.

Bosses at six water companies have been banned from receiving bonuses for the last financial year under new legislation that comes into force on Friday.