With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’

A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer is walking back those ideas after failing to make money from ads and erotic chatbots.

Meanwhile, rivals are storming ahead with plans to expand and go public on the stock market, in what is widely expected to be a season of record-setting initial public offerings (IPOs).

Watchdog makes ruling on search summaries after publishers complain about drop in click-through traffic and revenue

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Online publishers and news organisations are now able to block their content from appearing in Google’s AI summaries in UK search results, the British competition watchdog has announced.

The Competition and Markets Authority (CMA) said the new requirement would “put publishers, like news organisations, in a stronger position to negotiate content deals with Google”.