Former British PM Liz Truss to launch social network Former British prime minister Liz Truss set to launch her own social media platform, which she claims will champion free speech. The Liz Truss social media platform could launch this summer, and with the former PM – who was in office for just 50 days […]
Former British PM Liz Truss to launch social network
Former British prime minister Liz Truss set to launch her own social media platform, which she claims will champion free speech.
The Liz Truss social media platform could launch this summer, and with the former PM – who was in office for just 50 days – saying it would look to tackle issues that are “supressed or promoted” by the “mainstream media”.
“What I’m now thinking is we need a media network to be able to communicate to people, to be able to have a grassroots movement that is actually really demanding change of our leaders,” she said, while revealing her plans at a cryptocurrency conference in Bedford.
The move would see her follow in the footsteps of US President Donald Trump, who launched his own platform, Truth Social, in 2022. Truth’s parent company Trump Media and Technology Group lost $400 million last year.
OpenAI building Twitter rival as ChatGPT parent sues Elon Musk
ChatGPT-maker OpenAI has begun work to develop its own social media platform that will rival the likes of X, according to reports.
The AI firm has developed an internal prototype for a social media platform, with CEO Sam Altman asking outsiders for feedback, a report in the Verge claims.
The prototype reportedly focuses on ChatGPT’s image generation capability, which itself has a social feed, though it is unclear if the firm has plans to launch this as a standalone social platform that will compete with other firms such as Elon Musk’s X or Meta’s Instagram.
The news comes as OpenAI launched legal action against Musk, accusing the generative AI’s co-founder of engaging in “bad faith tactics” in an attempt to slow down the firm.
The Tesla boss has already opened legal proceedings, accusing Altman of straying from OpenAI’s founding mission as a non-profit. Musk also tried to buy OpenAI earlier this year, but his bid was rejected.
Chipmakers warn of massive hit from US AI export rules
AMD has warned that the US government’s licence control requirement on chips that are exported to China could leave it on the hook for roughly $800 million in inventory.
In a filing to the SEC, AMD claimed that new export rules, which apply to the firm’s MI308 GPUs, could have a material impact on its earnings, delaying or preventing sales of AI chips to countries and regions including China.
In a filing on Tuesday, rival Nvidia warned it faces charges of $5.5 billion related to the export controls, in the quarter to April 27, 2025, alone.
The export rules mean vendors need to obtain licences for the “export of certain semiconductor products to China (including Hong Kong and Macau) and D:5 countries”, which include the United Kingdom, South Korea, Estonia, New Zealand and Israel. The new rules came into play on April 9.
UK pledges $160 million in quantum investments
The UK government has unveiled a $160 million funding package to support the commercialisation of quantum computing technologies.
The Department for Science, Innovation and Technology revealed the funding in addition to previously announced investment of $58 million as part of the National Quantum Technologies Programme.
$32.5 million of funding will be given towards five quantum research hubs, while $20 million will be used to create 11 quantum career fellowships, with a further $5.7 million committed for quantum apprenticeships. Funding has been raised through EPSRC and Innovate UK.
$28 million will be invested in supporting the National Quantum Computing Centre in Harwell, while $14.4 million will go to the National Physical Laboratory’s quantum measurement programme.
“Backing our world-class quantum researchers and businesses is an important part of our Plan for Change,” said Secretary of State for Science and Technology Peter Kyle.
Earlier this week was World Quantum Day – but what is the timeline for enterprise use cases? Read more about quantum here
Mark Zuckerberg defends Meta in social media monopoly trial
Meta boss Mark Zuckerberg had denied allegations that Facebook operates a social media monopoly, as part of a trial brought by the US Federal Trade Commission.
The US competition watchdog has accused Meta of unfairly dominating the social media market through its acquisitions of photo-sharing platform Instagram and popular messaging app WhatsApp.
The legal action, brought initially during the final days of the first Trump administration, seeks to break up Meta by forcing it to spin off one or more of its subsidiaries.
Zuckerberg, who founded Facebook in 2004 before rebranding the parent company as Meta in 2021, was the first witness called to appear at the federal trial in Washington DC.
During his appearance, Zuckerberg acknowledged in emails that he had considered splitting Instagram from Meta, but said he was addressing “operational difficulties” of managing the different apps.
“We were lopsided in terms of how we were managing the company at the time.”
Meta denies having a monopoly and the trial is expected to last up to two months.
