Luminance’s boss: Why building our own AI beats ‘rented intelligence’ Legal Amid a surge of legal AI tech firms coming to marker, concerns are emerging about ‘rented intelligence,’ with some companies criticised for simply putting their logos on technology developed by others. In contrast, Luminance insists it is focused on the bigger picture, betting its future on AI models it has built in-house. Speaking to City [...]
Consulting giants face up to AI-reckoning Consulting Shares in major consultancy firms have dropped sharply as investors fret over the impact of AI on the industry. Maria Ward-Brennan and Rosie Harris-Davison look at whether the threat is real. A bloodbath is unfolding across the professional services sector as artificial intelligence (AI) hammers the shares of global consulting giants like Accenture, IBM and [...]
Pigment boss: ‘We’re replacing legacy players at the speed of light’ Tech Eléonore Crespo, co-founder and chief executive of Pigment, said the company is replacing legacy enterprise software providers “at the speed of light”, as demand for AI-native business planning accelerates across the private sector. The Paris-headquartered platform, which helps companies including Unilever, Siemens, Anthropic and Coca-Cola run financial planning and performance management, is approaching $100m (£75m) [...]
‘Landmark moment’ – AI law firm wins its first-ever court battle June 22, 2026 In a global legal first, an AI-powered law firm that has regulatory approval has won its first court trial. Garfield AI, the world’s first AI law firm authorised and regulated by the Solicitors Regulation Authority (SRA), has just been successful in a small claim for a freelancer to win against a hospitality business. The case [...]
You can buy AI software, but not years of AI development experience June 18, 2026 Over the past two years, AI has moved from a specialist technology to a boardroom priority at remarkable speed. Today, almost every company can access powerful AI tools, whether through large language models, workflow automation or AI assistants integrated across different parts of the business. What is becoming increasingly clear, however, is that access to [...]
City law firms ‘sleepwalking into a crisis’ over AI overreliance June 18, 2026 As legal tech valuations skyrocket, and AI dominates the airwaves, City law firms have been warned they are ‘sleepwalking into a crisis of judgment’ by treating AI as a definitive authority rather than a collaborative tool. A report by Positive Group, exclusively shared with City AM, stated that the legal sector faces a potential crisis [...]
Big Tech’s AI capex splurge can’t go on forever June 17, 2026 The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories. Google, Meta, Amazon and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure which will run the artificial intelligence (AI) revolution. Total capex by these four firms is expected to reach $750bn [...]
Book review: The Reverse Centaur’s Guide to Life After AI by Cory Doctorow June 17, 2026 No subject has made me go more hot and cold than AI. Some days, I open Gemini, Claude or ChatGPT, set tough tasks and am dumbstruck by the speed and accuracy of the results. Wow, this is the future, I think to myself. On other days, I ask something simple and they get it all [...]
Allianz tech blitz dethrones AXA to claim Europe’s insurance AI crown June 16, 2026 Allianz has officially overtaken French insurer AXA to claim the top spot in global AI maturity, capitalising on a massive talent hoarding strategy. The German insurance giant, Allianz, has amassed an AI workforce 28 per cent larger than its closest rival, resulting in a staggering 900 active AI use cases worldwide and putting pressure on [...]
Adobe and LinkedIn target AI skills gap in marketing roles June 16, 2026 Adobe and LinkedIn have launched a new AI training programme for marketers as businesses accelerate their adoption of AI and demand for AI-skilled workers surges. Together, the firms are rolling out a free programme through LinkedIn Learning, Fortune reported, offering role-specific courses covering digital marketing, content creation, social media, communications, data and analytics. The launch [...]