Ofgem: Energy watchdog to consult over AI’s risk to industry collusion OFGEM Ofgem said it "appears to have sufficient powers to address important risks arising from the use of AI when detected."
Is there an AI bubble and will it burst? TECH As stocks like Nvidia have risen over 200 per cent in the last year, some are worried an AI bubble is emerging. Jess Jones and Elliot Gulliver-Needham take a closer look
Civil servants hopeful on AI’s role as Jeremy Hunt goes on productivity drive UK Economy The government is hopeful that AI can help turnaround the UK's stagnant productivity, which has flat-lined since 1997.
OpenAI boss says AI regulation could go wrong September 25, 2023 The chief executive of OpenAI, the organisation behind ChatGPT, has voiced concerns about the challenges of regulating artificial intelligence (AI). During a visit to Taiwan, Sam Altman, who leads the startup backed by Microsoft, expressed that while he is not overly worried about government over-regulation, it remains a possibility. He said: “It is possible to [...]
Enough with AI’s ‘godfathers’, may 2024 be the year we celebrate its godmothers too February 17, 2024 Women in AI must be platformed if we want the tech to truly represent society - may 2024 be the year of the AI godmother, writes Kriti Sharma.
Crypto and AI are opposites that attract February 21, 2024 Last week Open AI introduced Sora - their text-to-video model - that creates realistic videos from a simple prompt. Open AI CEO, Sam Altman, also expressed his desire to raise an eye-watering $7 trillion, or 3.5x the current total crypto market cap, to fuel chip design and manufacturing to cater for increasing adoption of artificial intelligence (AI).
AI governance – who’s in control? October 6, 2023 Lord Holmes urges us all to be part of the AI governance discourse if we want to ensure that ‘safe’ systems can work for everyone.
StabilityAI: New AI music tool won’t wipe out musicians September 14, 2023 London artificial intelligence outfit Stability dismissed suggestions it will wipe out some creative jobs yesterday as it rolled out a new tool to allow users to create music via AI. Notting Hill Gate-headquartered Stability AI, which was valued at $1bn last August in a $101m funding round, yesterday launched its Stable Audio product which allows [...]
How to invest intelligently in the age of AI March 23, 2024 AI investment could reach $200bn globally by 2025, but how do you sort the unicorns from the donkeys? Rosanne Kincaid-Smith explains AI is dominating the rhetoric of investors, business executives, and the media – everyone wants to use, invest in, or acquire this technology. AI startups attracted one out of every three dollars invested in the US [...]
Is AI turning recruitment into the new online dating? March 28, 2024 As businesses and job seekers alike outsource applications to AI, are we seeing the ‘Tinderfication’ of our careers? Asks Eliza Filby You crack jokes, you make small talk, and as much as it even crosses your mind you assume you are being interviewed by an actual person. But then it dawns on you, your interviewer [...]