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The UK's Office for National Statistics cites AI as a major driver of the country's summer growth spurt, with GDP growing 0.4% in July, above expectations (Tom Rees/Bloomberg)

No one in the City of London saw Britain's summer growth spurt coming. — Even the most optimistic economists' forecasts for July had the economy expanding 0.1%.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in AI

Kimi-maker Moonshot AI targets $2 billion in annual revenue

While K3's usage figures have declined slightly in recent months, OpenRouter data currently shows as many as 300 billion tokens being generated each day by K3 models on the system.

  • Moonshot AI targets $2 billion in annual revenue by year-end
  • K3 model generates up to 300 billion tokens daily
  • Anthropic accuses Moonshot AI of model distillation scheme

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