Ofcom backs broadband competition to expand full-fibre coverage

Britain should maintain competition in the broadband market to boost full-fibre coverage to 96% of premises by 2027 while capping prices on slower-speed services, UK telecoms regulator Ofcom announced on Thursday.

The cap would limit what BT’s Openreach can charge for connections up to 80Mbit/s, an increase from the current 40Mbit/s limit.

Ofcom’s previous measures, including encouraging new providers to use Openreach’s infrastructure, have helped increase full-fibre coverage from under 25% to nearly 70% of homes.

It now proposes keeping high-speed broadband prices free from regulation until 2031 while ensuring affordability for those relying on older copper-fibre connections.

In rural areas where commercial networks are less viable, Ofcom plans to support Openreach in expanding full-fibre access. The regulator’s consultation on these proposals will run until June 12, with final decisions expected in March 2026. BT shares rose 0.5% following the announcement.

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Baidu dismisses claims of leaked user information

Chinese tech giant Baidu has denied claims of an internal data breach after the teenage daughter of a senior executive was accused of sharing users’ personal information online.

The controversy erupted when internet users alleged that the daughter of Baidu vice president Xie Guangjun had posted private details, including phone numbers, following an online dispute.

Baidu insisted that neither employees nor executives have access to user data and claimed the information came from illegally obtained ‘doxing databases’ on foreign platforms.

The company has filed a police report regarding false claims, including allegations that Xie had given his daughter access to Baidu’s databases.

Xie apologised, stating that the data had been sourced from overseas social networking sites.

The case comes amid ongoing crackdown in China on data privacy breaches, with stricter laws in place to prevent unauthorised sharing of personal details.

The controversy has impacted investor confidence, with Baidu’s shares falling more than 4% in Hong Kong trading.

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Google Gemini launches Audio Overview and Canvas

Google’s Gemini team has introduced two new features aimed at improving user interaction with documents and coding projects. The first, Audio Overview, transforms uploaded documents into audio podcasts presented by AI hosts.

The feature, initially part of Google’s NotebookLM, is now available to all Gemini users, regardless of their subscription plan.

While it currently supports only English, additional languages will be added soon. Users can easily generate podcasts from documents, which can then be shared, downloaded, and accessed via web or mobile.

In addition to Audio Overview, Gemini has launched Canvas, an interactive tool designed to help users create and refine work. Canvas offers features that allow users to generate first drafts, edit content, and receive feedback on tone, length, and formatting.

Once completed, the work can be exported directly to Google Docs. Canvas also supports coding, helping developers create prototypes for web apps, Python scripts, and games, while students can use it to learn coding concepts.

These innovative tools highlight Google’s ongoing commitment to enhancing the user experience and revolutionising how people engage with digital content and coding. Gemini’s new features are now available to all users globally, with Canvas already rolling out to both Gemini and Gemini Advanced users.

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Nvidia holds back on optical technology for GPUs

Nvidia’s CEO, Jensen Huang, has stated that a promising new chip technology, co-packaged optics, is not yet reliable enough for use in the company’s flagship GPUs.

The technology, which uses laser beams to transfer data via fiber optic cables instead of traditional copper, is more energy-efficient and faster.

However, Huang emphasized that copper connections remain ‘orders of magnitude’ more reliable than today’s optical alternatives, making them the preferred choice for now.

Speaking at Nvidia’s annual developer conference in San Jose, Huang announced that the company will use co-packaged optics in two upcoming networking chips designed for server switches, increasing their energy efficiency by three and a half times.

These switch chips will be released later this year and into 2026, marking a gradual technological step forward. However, Huang clarified that Nvidia currently has no plans to implement optical connections between GPUs, as reliability remains a key priority for its AI-focused customers like OpenAI and Oracle.

Silicon Valley startups such as Ayar Labs, Lightmatter, and Celestial AI have invested heavily in co-packaged optics, seeing it as essential for building more powerful AI systems. Nvidia itself has backed some of these ventures, despite Huang’s cautious approach.

While optical connections could eventually help AI models process complex tasks more efficiently, Nvidia is prioritizing proven technology for its near-term roadmap, ensuring stability in an industry preparing to invest hundreds of billions in AI infrastructure.

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Tencent sees surge in profits and revenue

Tencent, a leading Chinese tech giant, has reported impressive financial results for the fourth quarter and full year, boosted by its strategic investment in AI.

For the three months ending December 31, Tencent’s net profits soared by 90% year-on-year to 51.3 billion yuan ($7.1 billion), while its revenue increased by 11% to 172.4 billion yuan, surpassing analyst expectations.

The company’s strong performance was attributed to AI-driven enhancements in its advertising platform, growing video account engagement, and solid results from its gaming division.

For the full year, Tencent’s revenue reached 660.3 billion yuan, up 8% from the previous year, with net profits jumping 68% to 194.1 billion yuan.

CEO Pony Ma highlighted the role of AI in driving innovation, noting that Tencent had reorganized its AI teams to focus on fast product development and advanced model research.

The company’s stock price has surged to its highest in nearly four years, reflecting strong investor confidence.

The increased AI interest follows the unexpected global success of DeepSeek, a Chinese startup whose chatbot development caught the attention of investors, positioning China as a competitor to Western tech leaders like OpenAI.

Ma expressed Tencent’s admiration for DeepSeek and confirmed its active integration of their technology. Tencent has also started testing its own AI model, ‘Hunyuan Thinker’, which aims to offer more professional and human-like responses.

Despite its financial successes, Tencent faces ongoing challenges, including a sluggish domestic economy and political tensions, particularly with the US.

In January, the US added Tencent to a list of firms linked to China’s military, a move the company and the Chinese government have criticized as unjustified.

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Google acquires Wiz in $32 billion deal

Google has finalized a $32 billion acquisition of Israeli cybersecurity firm Wiz, sealing the deal just weeks after Donald Trump’s inauguration.

The agreement, a significant increase from Google’s initial $23 billion offer, was aided by the expectation of a friendlier antitrust review under the new administration, sources familiar with the negotiations said.

Wiz had considered an IPO before returning to the negotiating table, with new Chief Financial Officer Fazal Merchant playing a key role in shaping the deal alongside CEO Assaf Rappaport.

Google’s cloud chief, Thomas Kurian, was also instrumental in the agreement, which includes an unusually high $3.2 billion breakup fee should regulatory issues derail the transaction.

With Wiz boasting 70% annual revenue growth and over $700 million in annualized revenue, Google viewed the premium price as justified.

However, concerns remain over potential antitrust scrutiny, particularly given Google’s ongoing legal battles with the US Department of Justice over its dominance in search and ad technology.

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AI assistants automate nursing tasks to address burnout

AI assistants are being increasingly used in healthcare to automate tasks traditionally performed by nurses, aiming to reduce burnout and streamline operations.

While hospitals say AI improves efficiency, nursing unions argue that these technologies undermine nurses’ expertise and can compromise patient care.

AI companies like Hippocratic AI offer assistants at a fraction of the cost of a nurse, which raises concerns among unions about the potential for technology to replace caregivers.

Hospitals are also facing issues with AI-generated false alarms and inaccurate advice, which nurses believe can be dangerous if not carefully managed.

Some hospitals are using AI for administrative tasks, like making calls to prepare patients for surgery, improving efficiency and reducing burnout.

However, AI companies envision a broader role for their technology, including humanlike avatars for patient communication and chronic pain management.

Experts argue that while AI may help with routine tasks, it may not be suitable for complex cases involving the very sick.

Nurses caution that patient care should remain a human-driven process, with AI serving as a tool rather than a replacement.

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Meta cracks down on misinformation in Australia

Meta Platforms has announced new measures to combat misinformation and deepfakes in Australia ahead of the country’s upcoming national election.

The company’s independent fact-checking program, supported by Agence France-Presse and the Australian Associated Press, will detect and limit misleading content, while also removing any material that could incite violence or interfere with voting.

Deepfakes, AI-generated media designed to appear real, will also face stricter scrutiny. Meta stated that any content violating its policies would be removed or labelled as ‘altered’ to reduce its visibility.

Users sharing AI-generated content will be encouraged to disclose its origin, aiming to improve transparency.

Meta’s Australian policy follows similar strategies used in elections across India, the UK and the US.

The company is also navigating regulatory challenges in the country, including a proposed levy on big tech firms profiting from local news content and new requirements to enforce a ban on users under 16 by the end of the year.

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Intel’s new CEO plans major changes to revive the company

Intel’s incoming CEO Lip-Bu Tan is considering major changes to the company’s chip manufacturing and AI strategies to revive the struggling tech giant.

Sources revealed that Tan aims to restructure Intel’s approach to AI and implement staff cuts to streamline operations, focusing on addressing slow-moving middle management.

One of Tan’s core priorities is revamping Intel’s manufacturing operations, which have expanded to include producing semiconductors for external clients like Nvidia.

The changes come as Intel looks to regain its competitive edge after a decade of missed opportunities in smartphone chips and AI processors, allowing competitors such as Arm Holdings and Nvidia to dominate.

At a recent town hall, Tan told employees that the company would need to make ‘tough decisions’ to improve performance. Intel’s shares rose over 8% following his appointment, as investors await further details on his plans.

Tan’s immediate focus includes bolstering Intel Foundry’s performance and attracting new customers in sectors such as AI and robotics.

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Samsung faces tough shareholder meeting over AI struggles

Samsung Electronics faces a challenging annual general meeting as shareholders express frustration over its failure to capitalise on the AI boom.

Despite being South Korea’s most valuable company, Samsung’s stock tumbled nearly a third last year, making it one of the worst-performing tech firms.

Executives, including Co-CEO Han Jong-hee, will address concerns over lagging innovation, competition in semiconductor technology, and strategies to counter US tariffs.

Internal discussions at Samsung have revealed concerns about losing its technological edge, particularly in high bandwidth memory (HBM) chips, where it trails rival SK Hynix.

Chairman Jay Y. Lee reportedly criticised the company for focusing on maintaining the status quo rather than driving major innovation.

A stagnation like this has contributed to Samsung losing market share to competitors like TSMC in chip manufacturing and Apple in smartphones.

Adding to its challenges, Samsung has warned of sluggish AI chip sales due to US export restrictions to China, its biggest market. This puts the company at greater risk from potential US tariffs on Chinese trade.

In an attempt to regain investor confidence, Samsung launched a $7.2 billion share buyback plan in November, which has helped its stock recover slightly. However, shareholders remain sceptical about its future growth strategy.

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