Category: finance
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Ofcom Investigates Elon Musk’s Grok AI Over Sexualized Images of Women and Children
The UK regulator Ofcom has launched an urgent investigation into Elon Musk’s AI tool, Grok, following reports that it can be used to produce sexualized images of women and children without consent. The probe comes amid growing concerns over AI deepfakes and nudification tools on social media platforms. According to Ofcom, Grok, a free AI
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UK Government Demands Elon Musk’s X Address ‘Appalling’ Grok AI Deepfakes
The UK government has called on Elon Musk’s X platform to urgently tackle the use of its AI chatbot, Grok, in generating non-consensual sexualized images of women and girls. Technology Secretary Liz Kendall described the situation as “absolutely appalling”, emphasizing that such content is degrading and must be prevented. The issue came to light after
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Hyundai to Deploy Human-Like Robots in Factories by 2028
Hyundai Motor Group has announced plans to introduce human-like robots across its factories by 2028, signaling a major push toward automation and AI-driven manufacturing. The announcement was made during the Consumer Electronics Show (CES) in Las Vegas, where Hyundai showcased Atlas, a humanoid robot developed by Boston Dynamics, in which Hyundai holds a majority stake.
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Nvidia Unveils Self-Driving Car Platform Alpamayo, Pushing AI into Physical Products
Nvidia has officially entered the self-driving car market with the unveiling of its new AI platform, Alpamayo, at the CES technology conference in Las Vegas. The chip-making giant, led by CEO Jensen Huang, aims to extend the company’s influence from AI computing into physical products, including autonomous vehicles. Speaking to hundreds of attendees at CES,
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Syria Introduces New Currency, Removes Assad Family Images to Boost Economy
Syria has unveiled a new series of banknotes, removing images of the ousted al-Assad family in a symbolic shift aimed at boosting confidence in the Syrian pound and stabilizing the nation’s struggling economy. The move also involves redenomination, with two zeros removed from the old currency, simplifying everyday transactions and restoring a sense of financial
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EU Condemns Child-Like Deepfakes Generated by X’s Grok AI
The European Commission has condemned the spread of sexualized, child-like content generated by Grok, the AI chatbot developed by Elon Musk’s xAI company and integrated into the social media platform X. EU digital affairs spokesman Thomas Regnier called the material “illegal, appalling, and disgusting,” emphasizing that it has “no place in Europe.” The controversy follows
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U.S. Oil Companies’ Shares Surge as Trump Signals Potential Access to Venezuela’s Oil Reserves
Shares of U.S. oil companies climbed on Monday amid investor optimism over potential access to Venezuela’s vast oil reserves following comments from President Donald Trump about taking control of the South American nation after the arrest of its president, Nicolas Maduro. Venezuela holds the world’s largest proven oil reserves, but decades of mismanagement, sanctions, and
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European Commission Condemns Grok AI for Sexualized Imagery as Britain Demands Accountability
The European Commission has officially condemned the creation and dissemination of sexualized AI-generated images on Elon Musk’s social media platform X, calling them illegal, appalling, and unacceptable in Europe. The decision comes amid mounting pressure from regulators worldwide over the surge of nonconsensual imagery generated by X’s AI chatbot, Grok. AI-Generated Sexual Content Sparks Global
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Next Lifts Profit Forecast After Strong Christmas Sales Despite Economic Uncertainty
British fashion retailer Next Plc has raised its annual profit forecast for the fifth time in a year after reporting strong Christmas trading, fueled by better-than-expected full-price sales and robust international growth. The upbeat report sent Next shares higher in early trading on Tuesday. Strong Christmas Sales Beat Expectations Despite subdued consumer confidence ahead of
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UK Services Sector Ends 2025 Weakly as Price Pressures Rise, PMI Shows
Britain’s services sector closed out 2025 on a weaker footing than initially expected, according to the final reading of the S&P Global UK Services Purchasing Managers’ Index (PMI). While business activity remained slightly above the 50-point threshold that separates growth from contraction, the survey revealed rising input costs and increasing prices, raising concerns about potential
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