Startups should pray the US AI giants don’t run out of cash April 23, 2026 As City AM revealed earlier this week, a London-based business has raised £2m to fund the development of an AI-powered coffee vending machine. The company’s founders say they can tailor the contents of the hot drinks – like coffee strength and milk content – based on the preferences of the customer, using AI. That sounds [...]
The AI cracks are starting to show at law firms April 23, 2026 Law firms have poured vast sums into AI in a race to modernise, but ‘hallucinations‘ and security concerns are exposing the technology’s risks, writes Maria Ward-Brennan. There has been intense pressure on legal, advisory, and consultancy firms to invest in, embed, and deploy AI over the last couple of years, but this pressure is now [...]
Can an AI make art? And would it be worth looking at? April 23, 2026 The last year has seen artificial intelligence disrupt almost every industry – but can it really create art? Chris Dorrell speaks to artists working with AI and meets a robot painter In a darkened room in Camden, I kneel at an altar, pressing buttons on an illuminated red keyboard. Embossed with the shapes of human [...]
AI governance for boards: A short practical guide April 22, 2026 The boards hoping AI won’t change their world are already failing their fiduciary duty. So here’s what they need to do, according to Lewis Liu When I was building Eigen, my previous AI company, I used to roll my eyes (privately) whenever someone asked me about AI bias. Eigen digitised complex financial and legal documents [...]
Should you build an AI clone of your CEO? No! April 22, 2026 As Meta launches an AI avatar of Mark Zuckerberg, Paul Armstrong writes why cloning your boss means cloning mistakes.
Elite law firm apologises for AI ‘hallucinations’ in bankruptcy case April 22, 2026 An elite US law firm has had to apologise to a judge after its restructuring team made a filing in a high-profile case that contained multiple AI generated ‘hallucinations’. The head of Sullivan & Cromwell’s restructuring practice, Andrew Dietderich, apologised in a letter to the New York federal judge for mistakes that included misquoting the [...]
Meta spies on workers’ every click to build the AI that will replace them April 22, 2026 Meta will be installing tracking software on its employees’ computers to capture their every keystroke and mouse movement, using the data to train the very AI models the company hopes will one day do workers’ jobs for them. According to Reuters, Meta confirmed the programme – known as the Model Capability Initiative – (MC) in [...]
Almost half UK firms cite AI skills shortage as barrier to growth April 22, 2026 Nearly half of UK businesses say a shortage of AI and digital skills is now the single biggest barrier to scaling AI, according to a new report, despite rapid growth in adoption across the economy. The Amazon Web Services (AWS) research found 49 per cent of UK organisations cite a lack of AI and digital [...]
Barclays and Lloyds picked for City watchdog’s AI live testing April 21, 2026 Barclays has joined the second cohort of firms selected by the UK’s financial watchdog to get a safe run at testing AI as banking giants battle to bulk up their tech capacity. The FTSE 100 constituent will join its peer Lloyds Banking Group – which will be represented by its subsidiary Scottish Widows – as [...]
Who is John Ternus? The man stepping into Tim Cook’s giant shoes at Apple April 21, 2026 Fifteen years ago, Tim Cook inherited a $350bn tech company that had just lost one of the most celebrated chief executives in corporate history. On Monday, he handed it on worth $4 trillion. Cook will step down as Apple’s chief executive on 1 September 2026, with John Ternus, the company’s hardware engineering chief and a [...]