of the so called godfathers of ai and elon musk. yes, he is coming as well. it s being hosted at the historic bletchley park as zoe kleinman reports. the secret work carried out at bletchley park once help the allies win world war ii. today the uk government will host a global summit to address a new kind of threat posed this time both superfast and supersmart computers. we both superfast and supersmart computers- computers. we can set up processes computers. we can set up processes to computers. we can set up processes to really - computers. we can set up processes to really delve l computers. we can set up i processes to really delve into what the risks actually are so we can put necessary guardrails while embracing the technology. artificial intelligence comes with lots of officers, from creating new medicines to revolutionising the way you work but it also has the potential to cause harm. the focus of the discussion today will be a cybersecurity and unstoppable gener
comment on speculation. the company has been grappling with losses and debt since 2019 when its plan to go public failed, worrying investors. to our north america business correspondent michelle fleury. well documented problems, that failure to launch and go public in 2019 and here we are potentially from a massive valuation now facing bankruptcy protection. flat from a massive valuation now facing bankruptcy protection. bankruptcy protection. not a surrise bankruptcy protection. not a surprise but bankruptcy protection. not a surprise but at bankruptcy protection. not a surprise but at the bankruptcy protection. not a surprise but at the same - bankruptcy protection. not a l surprise but at the same time bankruptcy protection. not a i surprise but at the same time a stunning full from grace when you consider how big this company was. at one point it had a valuation of 47 billion. you have the pandemic and a shift to remote working and you start to see some of the stru
is under way. it sets the stage for a wednesday decision on whether they ll hike interest rates, or leave them unchanged. our business correspondent erin delmore reports from new york. what do you get when you add strong consumer spending? a tightjob market and remarkable growth. you get a resilient economy, an economy that defied earlier predictions of a recession and one that s not buckling under the weight of the fed s interest rate hikes. see, raising interest rates is the fed s best tool to combat persistently high inflation, which consumers have seen reflected in higher prices for nearly everything. and while inflation has fallen by half from itsjune 2022 high of 7%, it s still higher than the fed s target of 2%. earlier this year, federal reserve policymakers hinted that they may hike interest rates once more before the year is out. they ll have a chance this week or at their last meeting in december, or they could not do it at all. investors and economists are predict
see, raising interest rates is the fed s best tool to combat persistently high inflation, which consumers have seen reflected in higher prices for nearly everything. and while inflation has fallen by half from itsjune 2022 high of 7%, it s still higher than the fed s target of 2%. earlier this year, federal reserve policymakers hinted that they may hike interest rates once more before the year is out. they ll have a chance this week, or at their last meeting in december, or they could not do it at all. investors and economists are predicting that policymakers will skip a rate hike this week and, instead, hold rates steady, giving everything more time to work its way through the economy. we ll know the fed s next step on wednesday. one of the many things that have become more expensive for consumers is energy. oil prices have swung wildly over the last few years, due to the pandemic and the war in eastern europe. at one point, after russia invaded ukraine, prices rose to about
down the covid secure route. yes. last point in this section is one of you looking ahead steps and we know that we shifted in the rolls over this period of time. you say this. don t go for simple, rigid rules if it is likely you are going to have to bury them or have limited ability or intention to enforce them. that is correct or intention to enforce them. that is correct 50 or intention to enforce them. that is correct. so it or intention to enforce them. that is correct. so it builds or intention to enforce them. that is correct. so it builds on the earlier is correct. so it builds on the earlier point about rules. so the worse earlier point about rules. so the worse thing to do is to say that this is worse thing to do is to say that this is the worse thing to do is to say that this is the rule and then you can see att this is the rule and then you can see all around that it is being broken see all around that it is being broken i see all around that it i