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ToxMarz

(2,955 posts)
1. I don't believe anything I read when it comes from Sam Altman and OpenAi
Thu Apr 9, 2026, 05:15 PM
19 hrs ago
Revealed: UK’s multibillion AI drive is built on ‘phantom investments’

https://www.theguardian.com/technology/2026/mar/09/revealed-uks-multibillion-ai-drive-is-built-on-phantom-investments

A multibillion-pound drive to “mainline AI into the veins” of the British economy is riddled with “phantom investments” and shaky accounting, a Guardian investigation has found.

Since 2024, successive Conservative and Labour governments have proclaimed massive deals to build new datacentres, create thousands of jobs and construct a supercomputer.

The investments – led by two firms linked to AI giant Nvidia - have been touted as a cornerstone of the government’s promise to use tech to turbocharge the economy.

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