EY reports single-digit growth as workforce figure drops October 17, 2024 EY's revealed its global results showing single-digit growth for the Big Four firm, against the backdrop of smaller headcount
Legal & General-backed London data centre finally gets planning approval October 16, 2024 Local government ministers have unanimously approved planning proposals for what is set to be one of London’s largest data centres. The £750m development in the Newham borough of London is joint-funded by asset management firm Legal and General (L&G) and digital infrastructure investor Goldacre. It will be able to deliver from 77 up to 90 megawatts of [...]
I saw inside an AI-powered Amazon warehouse – here’s what I thought October 16, 2024 Last week, I got a behind-the-scenes look at one of Amazon’s new AI-powered warehouses, in what felt like a glimpse into the future. Inside the 3.5m square foot facility in Nashville, Tennessee, Amazon was finally unveiling the fruits of its AI strategy, revealing a fleet of new AI-powered robots and tools designed to increase efficiency [...]
Amazon announces raft of new AI gambits as it battles rise of Temu and Shein October 9, 2024 Amazon has announced a raft of new artificial intelligence (AI) features and technologies to speed up deliveries and reduce costs across its business. The logistics giant plans to deploy a fleet of 1,000 electric delivery vans with a new AI-powered ‘vision-assisted package retrieval’ (VAPR) technology that allows drivers to find packages faster and more easily. [...]
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.