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AI

  • Salesforce rolls out new AI tools amid escalating job concerns

    October 15, 2025

    US tech behemoth Salesforce unveiled ‘agentforce 360′ on Tuesday, its latest generative AI platform built to automate repetitive tasks, as concerns around AI’s impact on jobs continue to swirl, and the company itself navigates workforce reductions. Salesforce executives framed the platform as a way to augment rather than replace human workers, providing tools that allow [...]

  • Oxford University Press finds half of UK students fooled by AI

    October 15, 2025

    Oxford University Press has warned that schools must do more to help students navigate the world of AI after a survey showed alarming gaps in students’ ability to judge AI content. A new OUP survey of 2,000 UK pupils found that only 47 per cent of students feel confident in identifying trustworthy AI-generated information. A [...]

  • JP Morgan bulks up financial cushion as Dimon warns of uncertainty

    October 14, 2025

    JP Morgan has bulked up its financial cushion against loan losses as chair Jamie Dimon warns of heightened risk and global uncertainty. The lender set aside an additional $810m (£610.2m) to cover potential losses from unpaid loans. This defensive money consisted of $608m earmarked for consumer loans – such as credit cards and mortgages – [...]

  • AI, robot: Tech firm Dexory lands $165m funding round

    October 14, 2025

    Autonomous warehouse intelligence firm Dexory has marked the next phase of its expansion after sealing $165m (£124m) in fresh funding. The firm, which uses autonomous robots, AI and digital twin technology, said the funding comprises $100m in a Series C equity raise alongside $65m in debt. The round was led by LTS Growth and Endeavor [...]

  • Cisco: Only 16 per cent of UK firms ready to deploy AI safely

    October 14, 2025

    Britain’s race to embrace AI could stumble before it starts, as new research from tech giant Cisco has revealed that just 16 per cent of UK firms are adequately equipped to scale AI safely across their operations. The company’s ‘AI readiness index’, City AM can reveal, shows a sharp divide between businesses racing ahead and [...]

  • AI bubble: Are we in the trough of disillusionment?

    October 14, 2025

    As the term 'AI bubble' floats around the City, Susannah Streeter examines the outcomes of a potential dot.com-style boom and bust.

  • Andrew Bailey: Stock markets could crash if debt levels spiral

    October 13, 2025

    Bank of England Governor Andrew Bailey has warned that stock markets could suffer a “disorderly adjustment” due to spiralling debt levels and other vulnerabilities.  Ahead of a seminal week in Washington DC where global financial leaders are set to discuss the future of multilateralism, Bailey said bullish markets and spiralling sovereign debt levels had left [...]

  • UK small businesses falling behind on AI, Google warns

    October 12, 2025

    New research from Google has revealed a bottleneck in UK small business innovation. Over half, or 59 per cent, of SME owners say they have had to put ‘game changing’ ideas on hold over the past year, citing a lack of time to bring their concepts to life. For many, these stalled ideas are more [...]

  • UK businesses wasting millions on ChatGPT-style AI tools

    October 10, 2025

    Companies could be wasting millions on AI tools like ChatGPT, Microsoft Copilot, and Claude as they rush to boost productivity. MIT’s State of AI in Business 2025 study found that while employees in over 90 per cent of companies regularly use personal AI tools, only 40 per cent of organisations have official LLM subscriptions. Despite [...]

  • What an AI bubble could mean for Reeves

    October 10, 2025

    The traditional ministerial photo-op of walking around a construction site clad in a high-vis jacket and a hard hat usually takes place at a factory or housing site. But last month, chancellor Rachel Reeves donned fluorescent yellow for a different facility – a huge data centre built to power the UK’s digital economy through AI. [...]

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