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Ocado-Asda Partnership Reshapes UK Grocery Delivery LandscapeAsda has agreed a deal with Ocado for the grocery technology company to take over all home deliveries from Britain's third largest supermarket from early 2027. The strategic partnership will see Ocado handle Asda's delivery operations from both stores and specialized "dark stores" - warehouses equipped with Ocado's robotic technology.Comprehensive Delivery Integration Across Multiple PlatformsUnder the terms of the agreement, shoppers will be able to purchase Asda products directly through Ocado's web shop, as well as making click-and-collect orders. Asda will also leverage Ocado's platform to fulfill orders placed through third-party delivery apps including Uber Eats, Deliveroo, and Just Eat. This integration aims to create a seamless shopping experience across multiple digital touchpoints.Market Share Decline Drives Asda's Strategic ShiftAsda's leadership is hoping this partnership will help arrest recent sales weakness under its private equity owners, TDR Capital and Mohsin Issa, and strengthen its competitive position against German discount chains Aldi and Lidl. The supermarket's UK grocery market share has dropped significantly from 14.3% before the 2021 takeover to just 11.5%, according to Kantar data – leaving it only slightly above Aldi's 10.8% share in the increasingly competitive UK grocery market.Ocado Shares Surge as Technology Partnership Validates Business ModelThe announcement has been welcomed by investors in Ocado, which has suffered several missteps in its efforts to establish its hi-tech vision of grocery delivery. Ocado's shares rose 9% on Friday morning after the deal was announced, making it the top riser on the FTSE 250. This represents a significant boost for a company whose share price has collapsed from more than £27 to £2.08 before the Asda deal was announced.Strategic Importance Amidst Previous Partnership ChallengesThe deal marks a significant validation of Ocado's technology-driven approach to grocery fulfillment, which has faced challenges in other markets. In the US, Kroger supermarket chain closed three warehouses using Ocado's equipment, while Sobeys in Canada closed its Calgary facility utilizing Ocado's technology. Despite these setbacks, Ocado continues to pursue its vision of automated warehouses filled with robots that fill shopping baskets for delivery.Future Outlook for UK Grocery Delivery MarketAs both companies look to the future, the Ocado-Asda partnership could potentially reshape the UK grocery delivery landscape. With Allan Leighton, Asda's executive chair, emphasizing the importance of "providing a positive experience for customers every time they shop," and Tim Steiner, Ocado's CEO highlighting the "increasingly important" role of "technology, scale and continuous innovation," this collaboration may set new standards for online grocery retail in the UK and potentially influence similar partnerships across the global grocery sector.

The Road to Wembley Wigan Warriors are gearing up for a big presence at Wembley as they compete in the Challenge Cup finals on Saturday. The club has selected two players, Liam Farrell and Jenna Foubister, to represent them at a Wembley photoshoot, showcasing the team's strong squad and dedication to the sport. Wigan's Successful History Wigan have a remarkable record in finals, rarely losing two on the bounce. With 21 Challenge Cups under their belt, the team is driven by a strong mentality and a rich history of success. According to Farrell, 'There's a bit of outside pressure, an expectation from fans in the town to win. There's also a strong mentality at the club of Wigan lads, who have grown up watching us win finals, wanting to reproduce that themselves.' The Next Generation The club's academy graduates account for 20% of all Super League players, demonstrating Wigan's commitment to developing young talent. Foubister, a 19-year-old player, has already made her England debut and won the quadruple, highlighting the club's ability to nurture and support its players. 'The club put a lot into the youth system,' she says. 'They are very supportive in the way they shape players for the future.' A New Era for Women's Rugby Wigan have taken a proactive approach to providing for their female players, with the women's team having sole use of the revamped Edge Hall Road site. This move has helped to increase the team's fanbase and provide a platform for players like Foubister to develop their skills. 'It is a privilege having our own ground,' she says. 'We can go up whenever we want and have the freedom to train, whereas at Robin Park you got slotted in at a certain time.' Building a Legacy As Farrell's career enters its final phase, Foubister aims to become a hero in her hometown and build a legacy for the women's team. 'The men have a lot of history behind them, but the women's team has to build a history of our own now,' she says. With the support of the town and the club, Foubister and her teammates are well on their way to achieving their goals.

The Rise of Recursive Self-Improvement in AIThe word "recursion" is the latest buzzword in AI circles. Two separate startups have taken on the name, and many more have started referencing recursive self-improvement (RSI) in their roadmaps. Like AGI before it, RSI has become a three-letter byword for a cataclysmic AI takeoff – even if there's still a little disagreement about what it exactly means.In basic terms, RSI refers to an AI system that can continuously upgrade itself. Once AI systems can manage the upgrade cycle better than humans, the process can become a closed loop, limited only by the compute power they can access, and humans are no longer necessary or even helpful.Scary or not, that's a vision that a lot of AI labs are eager to chase.Key Players Pursuing Recursive SystemsEarlier this month, well-known AI researcher Richard Socher launched the aptly named Recursive Superintelligence with RSI as an explicit goal. "Our main focus is to build truly recursive, self-improving superintelligence at scale," Socher told TechCrunch at launch, "which means that the entire process of ideation, implementation, and validation of research ideas would be automatic."A number of other prominent researchers are already chasing that same goal, hoping for a breakthrough that will make recursive self-improvement possible.One of the most prominent is Andrej Karpathy, a legendary figure from Tesla and OpenAI, who is using agent swarms to train LLMs on simple tasks for a project he calls Auto-Research. Karpathy has been unusually open about the project, tweeting about milestones regularly and making the building blocks available through a public GitHub repo. So far, the work has mostly been confined to making minor improvements on a GPT-2 scale model — as Karpathy noted in March, "It's not novel, ground-breaking 'research' (yet)" — but it's been enough to convince lots of other researchers to follow the RSI dream. And with Karpathy now working on pre-training at Anthropic, he will have plenty of opportunity to apply the idea at a larger scale.Adaption — founded by Cohere and Google alum Sara Hooker — recently launched a similar tool called AutoScientist in an effort to automate frontier training. Like Karpathy's auto-researchers, the system trains agents to make incremental improvements — but for Adaption, the goal is to make it easier to train a full-scale frontier model. If those same researchers start to push the frontier forward, the system could quickly spiral into something very much like RSI.Disarray founder Doris Xin drew more specific RSI interest when her self-trained machine learning agent took home 28 medals in a recent Kaggle competition, beating out many human-trained agents. As she sees it, the major challenge is reliability."I would argue, given infinite compute and infinite time horizon, we are already there," Xin told me. "I want to make an argument that this is not a creative endeavor, really. It's just a lot of meat-and-potatoes engineering."The Current State of Self-Improving AIThere's also plenty of evidence that the AI industry isn't very close to recursive systems in any meaningful way — and is still grappling with talking to a wary public about its progress. So Google CEO Sundar Pichai basically admitted in a recent podcast interview."It's a continuum, and we are all definitely making progress," Pichai said. "But in the way people describe RSI, that would represent a next level of acceleration and would have a lot of implications, but we aren't quite there yet."But the continuum includes an awful lot of self-improving AI systems.In January, one of Anthropic's lead programmers for Claude Code estimated that "close to 100%" of his team's code was written by the tool — a frank admission that Claude Code was literally writing itself.Just because engineers are using an AI tool doesn't mean the tool can replace them — but Anthropic seems to be getting close to replacing engineers too. In a recent survey tied to the Mythos preview, five out of 18 Anthropic engineers believed that, with harness improvements, this version of Mythos could soon substitute for an L4 engineer — a midlevel programmer who can take on involved projects without supervision.Still, there were some of the same weaknesses you might expect."Some of Claude's major reported weaknesses compared to an L4 include: self-managing week-long ambiguous tasks, understanding org priorities, taste, verification, instruction-following, and epistemics," the report reads.In other words, its weaknesses are everything involved with self-direction, which is the cornerstone for RSI. But sure, for everything else, Claude is ready to step right in.Expert Perspectives on RSI TimelinesJust like the AGI term before it, the AI industry also can't tell us how far away it is from showcasing a meaningful recursive system. When Georgetown's Center for Security and Emerging Technology assembled a group of experts to study RSI last year, the group found a major split in assessments — some expecting an imminent "superintelligence" style explosion while others expected slower progress and an eventual plateau. But all agreed that recursion made the future especially difficult to predict.Helen Toner, director of CSET and a former board member at OpenAI, told TechCrunch that simply using AI tools to do AI research isn't enough to qualify as RSI. "They're just using AI for as much as they can," Toner told TechCrunch. "And I think that is different from the classic definition of RSI, which is really that there are no humans needed."Toner pointed to a recent post by METR's Ajeya Cotra, which distinguishes different milestones on the path to the AI research takeover. One step, which Cotra calls "adequacy," would come when the system can still perform research after all humans are removed — even if the resulting research isn't as valuable or efficient. "Parity" comes when an AI-only system is as good at research as a human-only system. "Supremacy," the final stage, comes when an AI-only system outperforms a collaborative system between humans and AI.Ultimately, Cotra concludes that AI is very close to the adequacy threshold of being able to produce some work on its own — similar to the incremental changes made by Karpathy's Auto-Research system. "I wouldn't be totally shocked if you told me this milestone had already passed, and I expect it to happen in the next couple years," Cotra wrote.She was less clear on when parity will come, but once it does, she thinks it would "massively accelerate the pace of AI progress, leading to AI research supremacy within another year."The Challenges Ahead for Recursive AIWith so much of AI built on scaling laws, there's a strong tendency to think RSI will follow the same curve. Toner thinks that many of those pursuing AI research and development via RSI "think of it as a pretty smooth ladder, where you can just keep scaling up."But even if AI researchers are able to make incremental improvements like Karpathy's auto-researchers, there will be larger challenges in handing off the whole process of research. Toner put it in terms of the history of computing, which has seen human beings handing off more and more of the process while still directing things from the top."We went from machine languages to assembly language and compiled languages; you're getting further and further from the guts of the computer," Toner said. "But the human is still, in some intuitive sense, running the show."Moving beyond that paradigm will take significant challenges, both in engineering and alignment. But even with the massive investments happening, there's no infinite compute available — and the basic trade-off between human labor and machine intelligence will be hard to overcome.The Future of Recursive Self-ImprovementAs for a total recursive AI system of apocalyptic visions? The only thing researchers essentially agree on is that, like AGI, it's not here yet.

Rising Governance Concerns at NationwideNationwide Building Society is facing mounting pressure to address "emerging governance issues" across the building society sector, amid concerns that executives are bundling voting options and failing to allocate board seats for members. The Stockport Labour MP Navendu Mishra has sent a formal letter to the chair of Nationwide, Kevin Parry, outlining growing unease over how executives engage with members who ultimately own their building societies.Specific Governance Issues RaisedThe MP's letter highlights several specific concerns about governance practices at Nationwide and across the building society sector. These include the use of "quick vote" options that critics say nudges members to simply back all board recommendations with one click at annual general meetings (AGMs). Mishra, who is a Nationwide member himself, acknowledged that while this option is "convenient," there are concerns it could "reduce scrutiny and advantage incumbents."Additionally, the letter criticizes the growing adoption of online-only AGMs, which may exclude members who struggle to use the internet and has raised concerns about question-filtering. The letter also takes aim at Nationwide's refusal to hold binding member votes on executive pay, despite similar practices being standard at listed banks such as Barclays, NatWest and Lloyds.Nationwide's Financial Growth and ScaleThese governance concerns come amid significant growth for Nationwide. The building society confirmed it was holding £382bn worth of assets after its £2.9bn takeover of Virgin Money. Mishra acknowledged that "their growth is exponential, which is fantastic," but emphasized the need to ensure that democratic values keep pace with this expansion.The timing of these concerns is particularly noteworthy, as they emerge just weeks before Nationwide's annual general meeting, which will feature its first member-nominated candidate up for boardroom election this century. James Sherwin-Smith, a Nationwide member, has formally asked Nationwide to suspend its use of quick vote at the upcoming AGM.Impact on the Building Society SectorThe concerns raised by Mishra reflect a wider debate about governance in the mutual sector. While the Labour government has been pushing ahead with reforms meant to deliver a manifesto pledge to double the size of the mutual sector, critics have raised concerns that some building societies, including Nationwide, have been letting their democratic values slip."There is a wider question as to whether building societies should allocate seats on boards to member-nominated directors in order to strengthen direct member representation," the MP's letter stated. "Where members are the owners, it is reasonable to ask why direct member voice in the boardroom remains the exception rather than the norm."Future Outlook for Nationwide's GovernanceThe upcoming AGM represents a critical moment for Nationwide's governance practices. The building society's chief executive, Debbie Crosbie, said during a media call that the board "haven't made a final decision" on suspending the quick vote option. In a statement, a Nationwide spokesperson defended the practices, noting that while pay votes were non-binding, 95% of votes cast were in support of the remuneration policy.The spokesperson also defended the use of online-only AGMs, stating they have reversed declining attendance and represent the fairest way to get millions of members to participate. Regarding the quick vote tool, they noted that most feedback from members was that it was "clear and easy to use" and similar systems are used by all building societies and listed companies."The chair will make these and other points in writing back to the MP in the next few days," the spokesperson added. As the AGM approaches, all eyes will be on whether Nationwide addresses these governance concerns and how it balances its growth with its mutual, member-owned principles.

The Lead The shadow of Joseph McCarthy's "red scare" loomed over this year's Cannes film festival as Canal+, France's leading media group, announced an effective ban on over 600 French cinema professionals who signed an open letter denouncing the growing influence of conservative tycoon Vincent Bolloré. The blacklist includes renowned actors like Juliette Binoche and acclaimed directors such as Jean-Pascal Zadi and Arthur Harari, raising profound questions about media consolidation, artistic freedom, and the future of French cultural expression. The Media Consolidation Crisis Over the past decade, Vincent Bolloré has consolidated control over a significant portion of France's news and entertainment media. His acquisitions span from the Fox News-like CNews to the Journal du Dimanche, Europe 1 radio, and the publisher Fayard. Critics accuse Bolloré of shifting the editorial line of these acquisitions toward a right-wing ideological project reminiscent of Rupert Murdoch's media empire. His recent firing of the CEO of literary publisher Grasset sparked a walkout by more than 100 authors across the political spectrum, from philosopher Bernard-Henri Lévy to feminist novelist Virginie Despentes. The Economic Impact on French Cinema Canal+'s decision to blacklist cinema professionals carries significant economic consequences for the industry. The company represents more than 40% of all private funding that flows into French broadcasting, streaming, and cinema. Given the typical co-financing structure of French productions involving both public and private funds, Canal+'s influence likely understates its critical importance to French cultural production. From international successes like "Mulholland Drive" to recent hits like "Paddington in Peru," few European producers match Studio Canal's global reach. The Ideological Battle for Cultural Control The protest letter signed by cinema professionals warns that "By leaving French cinema in the hands of a far-right owner, we risk not only the standardisation of films but a fascist takeover of the collective imagination." This reflects a broader concern about whether a single individual or small group should be able to meaningfully impact a nation's cultural output based on their desire to control political speech. The situation echoes historical tensions between artistic freedom and ideological control, raising questions about appropriate government intervention in media ownership. The Path to Media Independence The article suggests that strengthening public funding for journalism and the arts offers a potential solution. Democracy tends to be healthier where public media funding is robust, with 69% of French people expressing confidence in public media despite general dissatisfaction with public services. However, the structure of public funding matters significantly. The proposal suggests moving from annual, discretionary budgets to public media endowment funds governed independently across multiple electoral cycles. Such a "meta-endowment" at the EU level could provide supplementary funding for national, regional, and local public service media, journalism, publishing, and cinema across Europe, creating an additional layer of independence from both billionaire owners and political pressures.

Executive Summary: Halifax Brand Faces Potential ErasureThe proposed retirement of the Halifax name by Lloyds Banking Group could see the 173‑year‑old brand disappear from Britain’s high streets, igniting anger among locals who view the name as a cornerstone of community identity.Lloyds’ Proposed Phase‑out of the 173‑Year‑Old Halifax NameAccording to reports, Lloyds is considering a phased removal of the Halifax brand, with an initial rollout possible in July and a complete withdrawal by October. The bank has not confirmed a final decision, but internal discussions suggest a strategic re‑branding effort.July 2026: Potential start of the brand phase‑out.October 2026: Target date for full removal of the Halifax name from signage and marketing.Historical Financial Milestones Behind the Halifax BrandThe Halifax legacy traces back to its founding in 1853 as a building society. Key financial moments include:Mid‑1990s: Members voted to demutualise, turning Halifax into a listed bank.2001: Merger with the Bank of Scotland, forming HBOS.January 2009: Lloyds Banking Group acquired the Halifax brand during a £20bn taxpayer‑backed takeover amid the financial crisis.Community Loyalty and Brand Equity at StakeLocal voices, such as historian David Glover and shopworker Jayne Spence, stress that the brand represents more than a banking product; it embodies regional heritage and personal histories. Residents cite lifelong relationships with Halifax accounts, mortgages, and the symbolic value of the name in the town’s historic architecture.What May Lie Ahead for Halifax and LloydsIf Lloyds proceeds, the brand could be subsumed under the broader Lloyds identity, potentially diluting customer loyalty in the region. Conversely, sustained public pressure may force a reconsideration or a more gradual integration that preserves the Halifax name in some capacity. The outcome will likely influence how large banks balance cost‑driven rebranding with the intangible value of legacy brands.

The Elon Musk Documentary Returns on BBC Two 9 pm, BBC Two – Two‑and‑a‑half years after the original series, the sequel revisits Elon Musk with fresh insider testimony about the Twitter/X takeover and the turbulent relationship with former President Donald Trump. Critics note the programme’s focus on culture‑war dynamics rather than pure business analysis. Prime‑Time Competition: Ratings and Scheduling Stakes 8 pm, BBC One – Race Across the World: The Final pits teams against an 11,000 km route, offering a £20 k prize for the fastest finish. 8 pm, Sky Arts – Classic Movies: The Story of Three Days of the Condor provides a deep‑dive into the 1975 spy thriller, linking it to 1970s geopolitical anxieties. 9 pm, Channel 4 – Taskmaster returns for its 22nd series, mixing absurd comedy with celebrity challenges. 9 pm, Channel 5 – The Hardacres continues its period‑drama narrative, exploring class tensions in a rural setting. 9 pm, Sky Atlantic – Prisoner delivers a gritty continuation of its crime saga. 11.40 pm, Film4 – Glory (1989) rounds out the night with a historic war film. Cultural Impact of the Featured Programs The line‑up blends documentary scrutiny (Elon Musk), reality competition (Race Across the World), and nostalgic film analysis, reflecting a broader audience appetite for content that merges entertainment with socio‑political commentary. Shows like Taskmaster maintain high repeat viewership, while period dramas such as The Hardacres attract niche but loyal demographics. What to Expect from Next Week’s Line‑up Analysts predict the network will double‑down on high‑profile documentaries and reality finales to capture peak‑time audiences, potentially shifting the 9 pm slot on BBC Two to more investigative programming. Viewers can also anticipate further cross‑channel collaborations, especially around award‑season film broadcasts.

Understanding Michael Wooldridge's Perspective on AI Michael Wooldridge, a renowned Oxford professor with over 30 years of experience in artificial intelligence, offers a unique perspective on the field. With more than 500 scientific articles and 10 books to his name, Wooldridge is a leading voice in AI research. His work on game theory and its applications to AI has provided valuable insights into the potential risks and benefits of AI. The Intersection of Game Theory and AI Wooldridge's latest book, Life Lessons from Game Theory: The Art of Thinking Strategically in a Complex World, explores the application of game theory to real-world scenarios. He argues that game theory can help us understand situations where self-interested parties interact with one another. This is particularly relevant in the context of AI, where multi-agent systems are becoming increasingly prevalent. The Dangers of Zero-Sum Mentality Wooldridge warns against the dangers of a zero-sum mentality, where one side's gain is seen as the other side's loss. He argues that this mentality is damaging and can lead to a more miserable and less agentive life. Instead, he advocates for a more cooperative approach, where parties work together to achieve mutually beneficial outcomes. The Future of AI: A Call for Responsible Development As AI continues to evolve, Wooldridge emphasizes the need for responsible development and deployment. He encourages developers to consider the potential risks and benefits of AI and to prioritize human values and well-being. By doing so, we can ensure that AI is used to augment human capabilities, rather than control or manipulate them. Conclusion Michael Wooldridge's insights on AI and game theory offer a valuable perspective on the future of AI. By understanding the potential risks and benefits of AI, we can work towards a more responsible and beneficial development of this technology. As Wooldridge notes, the real danger of AI is not a robot takeover, but rather the potential for AI to be used in ways that are detrimental to society.

The LeadOver breakfast in one of the swankiest hotels in Caracas, US officials, diplomats and spies now call many of the shots in Venezuela after Donald Trump's controversial military intervention on 3 January. The five-star JW Marriott has become the nerve center of Washington's efforts to steer a country some now call a US protectorate – and which Trump has even said he hopes to turn into the 51st state.The New American EmbassySince Trump's decision to snatch Maduro in January and reboot relations with his successors, the JW Marriott has effectively become the US embassy in Venezuela. "It's [effectively] the US embassy. I don't think anybody's going to work at the actual embassy," said Phil Gunson, a Caracas-based political analyst for Crisis Group.Having been closed for seven years since the collapse of diplomatic relations in 2019, "the embassy building is full of rats and cockroaches, and it's being fumigated," Gunson explained. The conversations that can be overheard in the JW Marriott's restaurant offer a fascinating insight into Venezuela's plight as it emerges from nearly 13 years of economic mayhem and authoritarian rule under Maduro.The Corporate TakeoverIf the $250-300-a-night JW Marriott – or "the spooks hotel" as some journalists call it – is the HQ of the US presence in Venezuela, it is at another luxury hotel a few miles away where many of the big-money deals are being done. Since Maduro's downfall, foreign tycoons have been flocking to the Cayena, where rooms cost about $600 a night, wagering that even if interim president Delcy Rodríguez stays in power and there is no transition to democracy, Venezuela's economic future looks bright.One deal-maker who has spent time there recalled encountering at least four foreign billionaires they could identify – but believed there were others whose names they did not know. "They never give you a card. They don't give you their last names … and what is very interesting to me is that they are all asking about the same things: mining and privatizations," they said.Venezuelan ResistanceThe Trumpian takeover has generated widespread discomfort, even among patriotic members of Venezuela's elites who were glad to see the back of Maduro but privately bristle at the suggestion that their country is being turned into a US colony. After giving Rodríguez his blessing in January, Trump warned she would face an even worse fate than Maduro if she failed to toe the US line.On the streets there is anger too. During a Workers' Day rally on 1 May, a socialist economist called Oswaldo Pacheco marched towards a line of riot police wielding a white banner denouncing the government's "neocolonial collaboration" with Trump. "It's a complete capitulation," complained Pacheco, 53, accusing Venezuela's new rulers of following US orders "to the letter". "Clearly these [US] demands are not about bringing us democracy but about plundering our resources and increasing worker exploitation," he said.The Future of a ProtectorateAcross the street sits the Juan Sebastian Bar, a jazz and salsa nightclub named after Johann Sebastian Bach, where foreign visitors can let off steam. Throughout the day, English-speaking officials and fortune hunters can be seen roaming the 17-floor redbrick building, which has nearly 300 rooms, a gym and a palm-flanked pool. Bullet-proof SUVs wait outside to ferry guests, who include Trump's top diplomat to Venezuela, John Barrett, around town.Among Caracas-bound capitalists the mood is buoyant, even if huge doubts remain over Venezuela's future and, above all, its democracy. At a third luxury hotel, the Renaissance, a Venezuelan oil man waxed lyrical about his country's post-Maduro prospects. "This is going to be the best country in the world," he predicted, declaring: "I'm more than optimistic."