British ‘godfather of AI’ awarded Nobel prize but warns tech could ‘get out of control’ October 8, 2024 A British scientist dubbed the ‘godfather of AI’ has been honoured with a Nobel Prize in Physics, but warned of the “existential risk” it posed if technology gets “out of control”. Professor Geoffrey Hinton, born in the UK and a professor at the University of Toronto in Canada, said he was extremely surprised to be [...]
FTSE 100 leader Vodafone and Google expand AI partnership October 8, 2024 The agreement will mean Vodafone's customers in 15 countries - as well as partners in 45 more - will see additional storage, security features and AI assistance.
Build more data centres or lose AI race, London warned October 6, 2024 Britain can cement itself as a leader in generative AI, but it needs to scale up its digital infrastructure, according to the UK and Ireland managing director of data centre REIT giant Digital Realty. Speaking to City AM, Séamus Dunne said building more data centres in the capital is crucial to support the next phase [...]
Business leaders must seize the opportunities of the new media age October 2, 2024 Understanding the new media age is a must for bosses, argues Grayling CEO Heather Blundell Almost 30-years ago, in 1996, Bill Gates wrote his seminal essay, “Content is King,” examining the paramount importance of content in the digital era. The future he envisioned – a print press evolving into electronic online editions with deeper and [...]
Rabbit R1 founder defends ‘unfinished’ AI gadget October 2, 2024 When Jesse Lyu unveiled Rabbit’s flagship device, the R1, in January, the response was swift. The neon-orange, compact AI-powered gadget quickly gained attention for its playful design, selling over 100,000 units in just a few months – a feat that founder Lyu has hailed as “incredible for a first-gen product.” But many of those who [...]
Pinewood Technologies sees double-digit growth amid push for expansion October 2, 2024 Pinewood Technologies has reported a double-digit jump in profit as the group continues global expansion.
Tech and taxes: What do SMEs want to see in the upcoming Budget? September 30, 2024 Small businesses have called on the government to prioritise growth in the upcoming Autumn Budget in order to avoid a slowdown of growth.
Blackstone: Private equity giant backs £10bn AI data centre deal in UK September 26, 2024 Private equity giant Blackstone has injected £10bn into the UK to build one of the largest artificial intelligence data centres in Europe. The investment will build a data centre in Blyth, in the north east of England, creating more than 4,000 jobs. Construction of the site is expected to begin next year. It comes after [...]
Quin AI: Start-up secures £1.5m to ‘revolutionise’ data privacy September 26, 2024 Quin AI has secured £1.5m in seed funding as it looks to shift its unique focus on customer personalisation into new industries.
The Capitalist: Labour’s no-Party Conference; Rightmove’s drama Down Under; R.I.P. our dots September 26, 2024 Dispatches from Labour Party Conference, Rightmove's hopping executives, and more: catch up on the latest City gossip in The Capitalist.