AI could help decide where to build 5,400 homes
Forest of Dean district councillors are under pressure from the government to deliver 597 homes a year, a number that was increased in summer 2024 from 330 a year.
Council leader Adrian Birch said the authority had tasked an AI company with a research project to first see if the technology could be relied upon.
He said he wanted to speed up decision processes, telling a council meeting: "If we can trust the AI to get it right then we will look at whether that is a feasible option."
More news stories for Gloucestershire
Listen to the latest news for Gloucestershire
The district council, under its plan for 2021 to 2041, had already been planning to build 6,600 homes when the Ministry of Housing, Communities and Local Government stepped in last year with new targets that it made mandatory.
The demands meant that the council had to build an extra 5,400 homes – 12,000 in total by 2041.
Locations for many of the 6,600 homes have already been mapped out, mainly in Lydney, Beachley and Newent.
The search for locations for the extra 5,400 properties means old ideas have been revived, according to the Local Democracy Reporting Service.
These include creating a garden town between the A40 and A48 near Churcham and a new settlement off junction 2 of the M50 near Redmarley.
Mr Birch told councillors: "We are trialling some AI support on this which will see if it provides the information we need."
He said the AI company had been asked to assess public responses to the council's local plan consultation last summer.
"We will then be comparing our results with their results," he said.
He said the use of AI would be reviewed if there were any doubts.
The council voted unanimously to review its 2021 to 2041 local plan and explore alternative strategic options for housing.
Follow BBC Gloucestershire on Facebook, X and Instagram. Send your story ideas to us on email or via WhatsApp on 0800 313 4630.
Gloucestershire could be AI 'centre of excellence'
Council looks for potential housing sites
Decision delayed on plans for 140 homes in town
Forest of Dean District Council
Local Democracy Reporting Service
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNN
22 minutes ago
- CNN
How AI could help male infertility
How AI could help male infertility Researchers at Columbia University Fertility Center developed an AI-powered tool that can scan millions of images from a semen sample in under an hour to detect hidden sperm cells that traditional methods might miss. CNN's Jacqueline Howard explains how this could open new possibilities for families looking to have children. 01:41 - Source: CNN Vertical Top News 14 videos How AI could help male infertility Researchers at Columbia University Fertility Center developed an AI-powered tool that can scan millions of images from a semen sample in under an hour to detect hidden sperm cells that traditional methods might miss. CNN's Jacqueline Howard explains how this could open new possibilities for families looking to have children. 01:41 - Source: CNN Four killed in Chicago shooting Four people were killed and 14 others were wounded in a drive-by shooting in Chicago, police said. At least one suspect opened fire from a dark-colored vehicle on a group standing outside a nightclub, according to CNN affiliate WBBM. 00:26 - Source: CNN Power poles collapse onto cars during dust storm in Las Vegas At least six cars were trapped when power poles fell during a dust storm in Las Vegas. No injuries were reported from the incident. 00:23 - Source: CNN Sean 'Diddy' Combs denied bail as he awaits sentencing Judge Subramanian denied bail for Sean 'Diddy' Combs after a hearing on Wednesday, pending sentencing on his conviction on two counts of transportation to engage in prostitution. The judge said he denied bail when it wasn't mandatory before the trial and "sees no reason to reach the opposite conclusion now." 01:57 - Source: CNN Bryan Kohberger admits to Idaho student murders Bryan Kohberger answers State District Judge Steven Hippler as he asks Kohberger whether he committed the murders of four Idaho college students in their off-campus home in 2022. CNN's Jean Casarez shares details from inside the courtroom. 01:26 - Source: CNN New activity at Iranian nuclear site New satellite images show Iranian crews closing up craters at the Fordow nuclear enrichment plant, which was struck by US B-2 bombers nearly two weeks ago. CNN takes a closer look. 00:56 - Source: CNN Latino influencers stick by Trump Tony Delgado and Gabriela Berrospi, entrepreneurs and founders of multimedia brand Latino Wall Street, helped rally the Latino vote for President Donald Trump in 2024. As the administration has escalated ICE raids and deportations this year, they visited Washington D.C. and the White House to advocate for their community and immigration reform. 02:27 - Source: CNN Idaho residents line streets to honor slain firefighters Residents of Coeur d'Alene, Idaho, lined the highway to honor two firefighters killed in an ambush while responding to a fire. The procession transporting the firefighters from Kootenai Health to Spokane, Washington, drew a large turnout from the community. 00:32 - Source: CNN Severe heatwave hits Europe Heatwaves have pushed temperatures above 104 degrees Fahrenheit (40 degrees Celsius) in countries across Europe, including Spain, Greece, Portugal and Italy. Firefighters battled a wildfire near Athens late last week, and regions of Portugal were under high alert on Sunday. According to experts, the extreme weather is linked to climate change. 00:57 - Source: CNN Beyoncé's 'flying' car prop tilts midair A technical mishap led to Beyoncé's 'flying' car prop to tilt during a Cowboy Carter concert in Houston, with fans capturing the moment on video. The singer was quickly lowered down and without injury, according to Beyoncé's entertainment and management company. 00:57 - Source: CNN Video shows woman clinging to tree as immigration agents try to detain her A bystander captured on video the moment immigration agents in street clothes chased a woman across the street trying to detain her outside of a Home Depot where she had been selling food in West Los Angeles just moments prior. 02:07 - Source: CNN Key lines from UVA president's resignation letter University of Virginia president James Ryan announced his resignation amid pressure from the US Department of Justice to dismantle the university's diversity, equity and inclusion programs. CNN's Betsy Klein reports. 01:09 - Source: CNN Minnesota lawmaker and husband lie in state at State Capitol Mourners and lawmakers gather to pay tribute to former Minnesota State Rep. Melissa Hortman and her husband, Mark Hortman, who were killed in a targeted attack. The couple is joined by the family's golden retriever, Gilbert, who also died after being shot during the attacks. 00:41 - Source: CNN Trump reacts to win at the Supreme Court President Trump thanked conservative Supreme Court justices and explained what he plans to do next after the Court backed his effort to curtail lower court orders that have hampered his agenda for months. 00:46 - Source: CNN

Business Insider
28 minutes ago
- Business Insider
Fast-food restaurants are using their wealth of data to harness AI in their supply chains
Fast-food chain Juici Patties, which operates more than 70 locations in Florida, New York, and Jamaica, started on the island nation as a family kitchen in 1978. When the chain expanded into the US last year, it experienced stockouts. Executives knew they needed a different strategy — one with advanced technology to scale their business, manage franchises, and sell thousands of patties each day, Stuart Levy, the company's chief technology officer, told Business Insider. Today, Juici Patties uses AI's predictive and proactive features to prevent disruptions before they occur. "AI is helping to keep our distribution centers stocked with enough of our branded packaging to meet demand," Levy said. Indeed, AI technology is making its way into quick-service and fast-casual restaurant operations. AI can use data to form predictions about customer orders, then generate insights for leaders on how to manage inventory and operations. Domino's Pizza and Microsoft teamed up to create a generative-AI assistant that saves managers time on inventory management and ingredient ordering. Starbucks also inked a deal with Microsoft to use genAI in its product development. And Yum Brands, the parent company of KFC, Taco Bell, and others, partnered with Nvidia on AI for internal tasks such as labor management and analytics processing. For many quick-service restaurants, "their entire brand is built on speed and efficiency," said Spencer Michiel, the restaurant technology advisor at Back of House, a resource for restaurant tech solutions. "If there's anything that can help them with speed, efficiency, and lower cost, they're going to jump all over it." Data-rich restaurants layer on AI Restaurants are "extremely data-rich," Michiel said, which makes them well-suited to adopt AI. Major fast-food chains already have standard operating procedures to purchase based on demand, but AI takes that to the next level with forecasting abilities that more accurately predict demand and inform supply. With AI's forecasting capabilities, restaurants can predict what customers might order and use this data to buy ingredients, a notoriously tricky part of restaurant supply chain management. "The biggest thing that restaurants do badly is purchase," said Stephen Zagor, a consultant focused on restaurants and food businesses and an adjunct assistant professor of business at Columbia Business School. AI draws from quick-service restaurants' internal point-of-sale data, such as sales trends and which products customers tend to buy at the same time. Then, an AI algorithm combines this data with external factors like the weather or local events. "The beauty of AI is it's taking forecasted demand and turning that into a reaction all the way through the supply chain," Zagor said. For example, AI can deliver granular data by location. For a restaurant right off an interstate, AI could predict that travel will slow down on certain days. Seeing that prediction, restaurant managers could decide to drop their inventory levels and purchase fewer items, Zagor said. He named McDonald's as one quick-service restaurant that uses AI to maximize everything from its point-of-sale to its supply chain. The fast-food giant has partnered with Google Cloud and IBM on various AI solutions. When it comes to data and AI, the level of standardization across major chains puts them at an advantage over smaller franchises and independent restaurants. A mom-and-pop restaurant may not have "the time, the bandwidth, the skills, the knowledge" to gather data and create an action plan, Michiel said. Subscribing to software can cost hundreds of dollars each month, presenting financial barriers to small businesses. Any new back-of-house or supply chain software would need to integrate with existing point-of-sale systems. If done incorrectly, the result could be data loss or lag, "and it's going to be frustrating," Michiel said. Serving up efficiency and financial gains AI's predictive power can also help minimize waste in restaurant supply chains. If a restaurant orders too much, it could have to discard unused or expired food. This could require the business to increase meal costs to compensate for the loss, according to Michiel. "Food waste is just a killer," Michiel said. "Over-ordering is straight loss. There's no way you're going to recover that cost." Controlling costs is especially critical for fast-food chains, which order at scale and sell low-priced products. Making just 5 cents more on an item, or making 5 cents fewer, "is a big deal," Zagor said. AI can also promote cost savings by flagging if a particular ingredient swap could result in higher profits without sacrificing taste or quality. The technology "smooths out" a restaurant's ability to purchase inventory while still keeping customer satisfaction top of mind, Zagor said. "You can get good profit, and the customer is going to be happy," Zagor said. "It's win-win." Levy said Juici Patties' AI implementation into its point-of-sale system and supply chain was time-consuming, involved some growing pains, and sparked fears about replacing the workforce with AI. He acknowledged that "AI isn't flawless." Now that the technology is in place, though, Juici Patties has seen a boost in operational efficiency, Levy said. In one instance, the AI revealed that customers wanted to purchase food earlier in the day, before Juici Patties locations were open. "We were missing potential sales during earlier hours of the day," Levy said. The restaurant chain acted upon that information and adjusted its opening times. The result: "a consistent increase in daily sales," Levy said.
Yahoo
33 minutes ago
- Yahoo
Is Nvidia Stock a Buy After Its Red-Hot 6-Day Win Streak?
Nvidia (NVDA) — the poster child of Wall Street's artificial intelligence (AI) mania — is revered as the chip king powering the generative AI explosion, and its role has become bigger than ever. Last week, NVDA stock reminded everyone why. Nvidia blazed through a red-hot six-day win streak, rallying more than 10% and notching fresh all-time highs. It reclaimed its throne as the world's most valuable company, edging past Microsoft (MSFT). Investors shrugged off China jitters, bolstered by CEO Jensen Huang's AI and robotics vision and optimism at the annual shareholder meeting. Michael Saylor Says 'You'll Wish You'd Bought More' Bitcoin as MicroStrategy Doubles Down Is Microsoft Stock About to Go Nuclear? Wolfspeed Is Surging After Filing for Bankruptcy. Is It Too Late to Touch WOLF Stock Here? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Loop Capital analyst Ananda Baruah helped reignite the rally, lifting the price target to a Street-high $250 and hailing Nvidia as the epicenter of a wave in AI spending. Meanwhile, Nvidia's new Blackwell chips and AI-fueled demand paint a bold path to a $6 trillion valuation. Sure, insiders have offloaded more than $1 billion in stock over the past one year, but investor confidence hasn't flinched. So, after a fiery six-day surge and bullish upgrades, is NVDA stock still worth buying? Nvidia hardly needs an introduction. It is the undisputed powerhouse behind the AI chip revolution. Boasting a market capitalization of $3.7 trillion, it earned its crown by building graphics processing units (GPUs), the brains of modern AI. Initially famed for fueling gaming and graphics, Nvidia rose to global prominence by pivoting early into AI, becoming the go-to supplier for Big Tech's data-center ambitions. Now, CEO Jensen Huang has his sights on a new power play: sovereign AI. As countries push to build AI ecosystems free from Silicon Valley's grip, Nvidia is arming them with the tools — Blackwell GPUs, AI factories, and more. From Europe to the Middle East, billion-dollar deals are stacking up. Nvidia kicked off 2025 with storm clouds overhead. China export curbs, rising tariffs, and geopolitical heat weighed heavily on investors' sentiment. CEO Jensen Huang warned about potential fallout from losing access to a $50 billion market, and for a while, NVDA stock faltered. But momentum flipped fast. The AI chip king roared back, surging over 40% in just the past three months and climbing 14% over the past month. In fact, NVDA stock touched a fresh high of $158.71 on June 27. Loop Capital's Street-high price target lit the fuse, but Huang's talk of multi-trillion-dollar AI frontiers is what's keeping the bulls charged. Additionally, confidence is rising that China's export limits won't unseat Nvidia's AI dominance, especially as global demand for compute power continues to break records. The Relative Strength Index (RSI) is now above 76, firmly in overbought territory. That signals red-hot momentum but simultaneously flashes a red flag that a breather may be near. NVDA stock currently trades at 39 times forward earnings and 29 times forward sales, a premium to the sector median and hardly cheap on the surface. But it's a discount compared to its historical average. Digging deeper, with earnings projected to grow by double digits this year and next and margins holding strong, NVDA stock's valuation looks more balanced than bloated. Its PEG ratio of 1.4 times even leans attractive. Free cash flow (FCF) rose 75% annually, and management is utilizing it, spending over $14 billion on buybacks in Q1 alone. The dividend remains tiny with a 0.03% yield, but capital returns are clearly gaining steam. When you combine explosive AI demand, disciplined capital allocation, and a runway for growth, the premium feels less speculative and more like a calculated bet on long-term dominance. On May 28, Nvidia reported its first-quarter fiscal 2026 earnings, and it was nothing short of impressive. Revenue surged to $44.1 billion, climbing 12% sequentially and 69% year-over-year (YOY), beating even the most bullish Street estimates. The firepower came from Nvidia's data center segment, which pulled $39.1 billion, a blistering 73% YOY surge. Data center revenue accounted for a dominant 88% of total revenue. Gaming wasn't asleep either, clocking a record $3.8 billion, up 48% sequentially and 42% YOY. But it wasn't all clean lines and green candles. U.S. export restrictions on H20 AI chips to China delivered a $4.5 billion body blow, tied to excess inventory and purchase commitments. That charge dragged GAAP gross margin down to 60.5%, with non-GAAP settling at 61%. Strip out the charge, and Nvidia's non-GAAP gross margin hit a far healthier 71.3%. Non-GAAP EPS landed at $0.81, up 33% annually. That figure would have soared to $0.96 without the China hit. Even so, the market gave its nod, and NVDA stock rose 3.3% on May 29, signaling investor confidence despite the headwinds. Looking ahead, management expects approximately $45 billion in Q2 revenue. That's with a potential $8 billion punch from H20 export curbs already factored in. With AI appetite surging worldwide, Nvidia's vision remains sharply focused, even if the road now includes navigating geopolitical turbulence alongside record-breaking growth. Analysts monitoring Nvidia remain upbeat about the company's growth. For Q2, they expect profits to climb 43% YOY to $0.93 per share. Looking further ahead, fiscal 2026 EPS is forecast to rise 36% annually to $4, followed by another surge of 32% to $5.29 in fiscal 2027. Loop Capital is betting big on Nvidia's future. Analyst Ananda Baruah recently boosted his NVDA price target to $250 from $175, reaffirming a 'Buy' rating. The analyst's bullish stance stems from what he calls a 'Golden Wave' of generative AI, with Nvidia sitting firmly at the center. According to Loop, AI compute spending could skyrocket to $2 trillion by 2028, fueled by hyperscalers, sovereign AI initiatives, and the accelerating buildout of AI factories. Nvidia's upcoming Blackwell chips, designed for high-intensity reasoning models, are expected to hit full production by the October quarter, another growth catalyst. Despite Nvidia's massive rally, the analyst sees more runway ahead. In his view, Nvidia isn't peaking — it's just getting warmed up. Meanwhile, Wedbush analyst Dan Ives is also bullish, calling Nvidia the backbone of the AI revolution. With sovereign AI investments ramping and chip demand hitting escape velocity, Ives sees Nvidia becoming the world's first $4 trillion company this year. Ives reaffirmed his 'Outperform' rating and a $175 price target on the AI chip stock. Overall, analysts are optimistic about NVDA, giving the stock a 'Strong Buy' consensus rating. Of the 44 analysts covering the stock, 37 advise a 'Strong Buy' while three suggest a 'Moderate Buy,' three advise a 'Hold,' and one suggests a 'Strong Sell" rating. The average analyst price target for NVDA stock is $176.62, indicating potential upside of more than 12%. Loop Capital's Street-high target price of $250 suggests that shares could rally as much as 59% from here. Nvidia's six-day rally and soaring valuation may look like a victory lap, but this is not without warning signs. Wall Street remains enamored as price targets rise and bulls view sovereign AI as the next trillion-dollar goldmine. But insiders are quietly cashing out, and competitors are rewriting the rules, shifting AI's future from brute-force GPU scaling to leaner, smarter architectures. Meanwhile, China's market has effectively closed to the U.S. industry. Sure, Nvidia still leads the charge. Its chips remain the backbone of AI infrastructure. But markets priced for perfection leave little room for detours. With valuation multiples high and forward growth tied to long-cycle plays, the path ahead demands more than just dominance. It demands reinvention. After this red-hot streak, the real question is not whether Nvidia is a giant. It's whether Nvidia's next leap will outpace the growing weight of its own story. On the date of publication, Sristi Suman Jayaswal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on