UK workers feel uncomfortable being managed by AI August 12, 2025 Less than a third of UK workers are comfortable being managed by an AI Agent, according to new research shared exclusively with City AM. New research from Workday found that more than three-quarters of UK organisations are moving to implement AI Agents in everyday management functions, with 40 per cent actively rolling out AI agents, 25 [...]
Advertisers have a new audience to sell to: AI models August 12, 2025 For generations, advertisers have obsessed over how best to win the hearts and minds of consumers. But with people increasingly turning to their large language model of choice for product recommendations, the industry has a new audience to get its head around: artificial intelligence, writes Ali Lyon. David Ogilvy had four golden rules to help [...]
Why the Online Safety Act has become a political nightmare August 11, 2025 The UK’s Online Safety Act, which came into force on 25th July, was conceived with the noble aim of protecting children from harmful online content. It mandates that web service providers implement “highly effective” age verification measures to prevent minors from accessing material that promotes suicide, self-harm, eating disorders, or abusive behaviour, as well as [...]
Trustpilot boss: If I was Keir Starmer for the day, this is what I’d do August 11, 2025 The chief executive of FTSE 250 firm Trustpilot has revealed what his first order of business would be if he succeeded Sir Keir Starmer as Prime Minister for just one day. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, Adrian Blair pointed to his desire to go after what he described as [...]
Nvidia and AMD to pay US 15 per cent cut on China chip sales August 11, 2025 US chipmakers Nvidia and AMD have agreed to hand over 15 per cent of their Chinese revenues to Washington in exchange for the green light to resume sales of high-powered AI chips to the country, in what industry analysts have called an “unprecedented” arrangement. The deal, first reported by the Financial Times, applies to Nvidia’s [...]
Elon Musk’s Tesla makes bid to power UK homes August 11, 2025 Elon Musk’s Tesla has applied for a licence to supply electricity to UK homes and businesses, in a move that could see the world’s most famous electric car brand take on Britain’s energy giants as soon as next year. The application was filed late last month by Tesla Energy Ventures, the Manchester-based energy subsidiary of [...]
Flutter: Paddy Power owner books record quarter August 8, 2025 Online betting giant Flutter hiked its full-year profit guidance for 2025 after a record quarter driven by business in the US. The world’s largest online sports betting operator recorded a 16 per cent rise in revenue to $4.2bn (£3.12bn) in the three months to June 30. Meanwhile, earnings jumped 25 per cent to $919m. FanDuel [...]
Huawei issues UK sales warning as restrictions hit hard August 7, 2025 The UK arm of Chinese telecommunications giant Huawei has issued a warning over its future sales as restrictions on its activities continue to have a major impact. The Reading-headquartered business has said its turnover in 2025 will continue on the downward trajectory it has been on since 2019 but that the company will remain profitable. [...]
AI-for-Excel firm Tracelight raises $3.6m to streamline finance work August 6, 2025 UK founded AI company, Tracelight, has raised over $3m in seed funding as it bids to hand laborious finance work over to AI tech. The London based company raised $3.6m (£2.7m) in seed funding from a series of venture capital firms, led by Chalfen Ventures with participation from Acequia Capital, Inovo and EF City AM [...]
Kick It Out calls out Big Tech as football discrimination hits new high August 5, 2025 Big Tech and the Government must do more, says Kick It Out, after reports of discrimination in football rose to new record levels according to figures it published today. The anti-discrimination charity has revealed it received 1,398 reports of discrimination during the 2024-25 season, representing a 4.9 per cent year-on-year increase. Sexism and misogyny reports [...]