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AI

  • Is nanotech the next big iceberg for business? 

    March 11, 2025

    Nanotechnology is being hailed as the next medical revolution, promising everything from precision drug delivery to real-time disease tracking. The same advancements that could wipe out chronic illnesses, however, also open the door to unprecedented biosecurity risks, says Paul Armstrong The fifth anniversary of Covid-19 was a reminder of how fragile global health systems remain [...]

  • Government unveils £23m boost for telecoms

    March 10, 2025

    The UK government has announced a £23m investment in telecoms research and development, aiming to strengthen connectivity across key industries like AI, cloud computing, and agriculture. The funding forms part of science and technology secretary Peter Kyle’s plans to accelerate the deployment of next generation telecoms technologies. He is expected to confirm the funding during [...]

  • GlobalData reports ‘transformational’ 2024 due to AI demand

    March 10, 2025

    GlobalData has reported a five per cent increase in revenue to £285.5m for the year ended 31 December 2024, in line with market expectations. The company, which provides data and business intelligence solutions across various industries, reported earnings before interest, tax, depreciation and amortisation (EBITDA) growth of five per cent to £116.8m, with an EBITDA [...]

  • UK’s ‘AI divide’ puts economic growth at risk, warns Microsoft

    March 5, 2025

    A growing divide between UK leaders who do and don’t leverage AI could threaten the country’s economic potential, and the efficiency of its public services. According to a report from Microsoft, businesses and public sector organisations with clear AI strategies are significantly outperforming those without, highlighting an urgent need for broader adoption of AI driven [...]

  • Quantexa: London-based AI startup’s valuation hits £2bn

    March 5, 2025

    London-based artificial intelligence (AI) startup Quantexa‘s valuation has jumped to more than £2bn following a new round of funding. The firm, which uses AI to interpret data sets and help financial firms manage risk, secured a $175m (£137.66m) investment in a funding round led by the Teachers’ Venture Growth (TVG), which will bring the firm’s [...]

  • The slow death of billable hours at law firms

    March 5, 2025

    With the rise of AI and the cost of lawyers going through the roof, law firms are rushing to change how they bill clients in the hopes of avoiding awkward questions

  • AI will help us all live longer – that’s a business problem

    February 25, 2025

    AI is solving medical problems at unthinkable speeds, but it's not just the pharma industry that should prepare, writes Paul Armstrong.

  • UK banks differ from US on AI strategy

    February 20, 2025

    Banks in the UK are more likely to focus artificial intelligence (AI) strategy on improving customer experience compared to their US rivals, a new report has revealed.  NTT Data’s ‘Intelligent Banking in the Age of AI’ found 52 per cent of UK banks were using AI to enhance customer services, rather than cut jobs. This [...]

  • UK businesses are struggling to implement AI. Here’s why

    February 19, 2025

    It has been claimed that artificial intelligence (AI) could contribute £200bn to the UK economy. Yet, businesses are struggling with adoption due to a lack of expertise, high costs, and regulatory concerns. A survey by digital transformation company ANS and Yougov of over 1,000 IT decision-makers cited the UK’s skills gap as the leading barrier [...]

  • The Debate: Should we use AI for everyday work tasks?

    February 19, 2025

    Is using AI for emails and note taking a no-brainer, or do we risk losing valuable skills? Our writers hash it out in this week's Debate.

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