For all the trillions being spent in the pursuit of artificial intelligence (AI) it still cannot answer the existential question: is AI a truly transformative technology, akin to the railways, or a bubble about to burst, taking global markets with it?
Some of the world's biggest tech giants reported quarterly earnings on Wednesday - with a mixed bag of results as fears grow that a bubble is forming in artificial intelligence.
Two UK tech firms have agreed takeovers by US rivals on the day Prime Minister Sir Keir Starmer has spoken of the importance of tech and AI to the UK economy.
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