Railway

• The Bank for International Settlements (BIS) has warned that the current artificial intelligence boom could mirror historical economic bubbles, such as the canal, railway, and dotcom busts. • The bank predicts that an overestimation of AI's immediate utility could lead to significant economic damage if investment exceeds actual productivity gains. • While proponents argue that AI will create new, currently unimagined occupations to offset job losses, the BIS suggests a risk of systemic financial instability.

Explosives-laden vehicle detonated as passenger train travelled through the south-western city of QuettaA suicide bomber detonated an explosives-laden vehicle near a railway track as a passenger train travelled through the south-western Pakistani city of Quetta on Sunday, killing at least 23 people and wounding more than 70 others, officials said.The force of the explosion caused two of the train cars to overturn and catch fire, sending thick black smoke into the air, according to footage shared online. Continue reading...

Station will be first to be given full GBR branding and will directly link city’s Biomedical Campus to London, Brighton and Stansted airportThe delayed Cambridge South station will finally open in late June – and become the first station to be given full Great British Railways branding, the government has announced.The station sits beside the city’s Biomedical Campus, Europe’s largest medical research centre, and will connect it with direct trains to London, Brighton and Stansted airport, as well as up to nine trains an hour to the centre of Cambridge itself. Continue reading...