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AI

  • ChatGPT down: did anyone need more proof we’re all addicted?

    June 10, 2025

    Uh-oh, it looks like the rumours are true! ChatGPT went down this morning and its temporary loss proved we’re all as addicted as everyone feared. “How will I answer if someone asks me my name,” one user wrote on social media. Another less dramatic post perhaps captured the nation’s feelings more aptly: “Can’t function now [...]

  • ChatGPT down: chatbot owners respond as AI fails

    June 10, 2025

    It’s the sort of social media storm we’ll almost certainly be seeing a whole lot more of in the future. As ChatGPT temporarily went down this morning due to technical issues, thousands of users were left without the use of the world’s most commonly adopted AI. Many have taken to social media to share how [...]

  • Labour to give HMRC £500m for AI boost

    June 9, 2025

    The British tax agency, HMRC, is set to receive £500m in funding, which will see the introduction of an AI tool to assist the public with enquiries

  • London Tech Week: Barclays partners with Microsoft in major AI roll-out

    June 9, 2025

    Barclays is set to roll out Microsoft 365 Copilot to 100,000 employees worldwide, in one of the largest known deployments of generative AI tools in the banking sector to date. The announcement was made at London Tech Week by Microsoft’s UK chief, Darren Hardman, who signalled a major step in embedding the technology into day-to-day operations in [...]

  • Former Freshfields lawyers AI legal tech raises $30m in funding round

    June 9, 2025

    An AI-powered legal tech company founded by two former associates from Freshfields has raised $30m (£22.1m) in Series B funding

  • Spear guns, knuckle dusters and machetes: The ‘prohibited items’ at London Tech Week

    June 9, 2025

    London Tech Week 2025 opened with appearances from Sir Keir Starmer and Nvidia chief Jensen Huang, but attendees got a bigger surprise from a sign at the door outlining “prohibited items” at the event.  City AM has seen a list ranging from spear guns and tear gas to knuckle dusters, nun-chucks and machetes, that looked [...]

  • Getty Images v Stability AI trial kicks off in London

    June 9, 2025

    Getty Images closely-watched copyright lawsuit against UK-based Stability AI gets underway at High Court

  • London Tech Week: Nvidia’s Jensen Huang and Keir Starmer unveil AI push

    June 9, 2025

    Nvidia chief Jensen Huang and Keir Starmer unveiled a major AI push at London Tech Week this morning. The two figureheads have unveiled a range of changes to boost Britain’s AI infrastructure, research and industrial capacity, to help the UK become an “AI maker, not an AI taker.” US chip maker Nvidia, a leading player [...]

  • Klarna boss: AI will lead to recession and mass job losses

    June 7, 2025

    The introduction of AI at firms could lead to a recession due to mass job losses of professionals, Klarna’s chief executive has warned. The use of AI to make work more efficient has been encouraged by leading figures, including the government itself which said it could save civil servants two weeks a year. But fintech [...]

  • Has Klarna’s buy now, pay later bubble burst?

    June 6, 2025

    Buy now, pay later services have exploded in the last decade and industry titan Klarna has spearheaded growth. The global BNPL market is expected to top $560.1bn (£412.8bn) in 2025 with 13.7 per cent annual growth.  Swedish fintech Klarna has historically dominated the space, notching a net operating income of $1.087bn in 2020. The firm [...]

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