UK Government doles out £32m for AI projects – after ditching £1.3bn pledge August 7, 2024 The British government has announced plans to back 98 artificial intelligence (AI) projects across the country with an injection of £32m. The funding, which aims to supercharge ‘high-growth’ industries, will benefit over 200 businesses and research outfits. The projects span a broad range, including improving safety on construction sites to slashing railway repair times and [...]
Cathie Wood warns AI frenzy risks investor losses August 4, 2024 Tech investor Cathie Wood has warned that the fenzy around artificial intelligence that has boosted US tech stocks could leave investors scorched.
Founder Favourites: Why AI is NOT the death of creativity August 1, 2024 In this episode of Founder Favourites, Ajaz Ahmed, founder and chief executive of digital design agency AKQA, sat down with the hosts and told them that entrepreneurs' best bet might just be found in AI, healthcare or climate tech.
Nvidia boss Jensen Huang declares new industrial revolution as AI stock keeps gaining June 13, 2024 Nvidia recently reported $26bn in revenue for the first quarter of fiscal year 2025, a 262 per cent increase from the previous year.
Exclusive: Why this London-based AI firm has picked Aquis for its float next month June 12, 2024 Pri0r1ty AI automates tasks like writing press releases, regulatory news, and social media content, typically handled by multiple external agencies.
Microsoft: weak cyber defences set to hit economic growth June 5, 2024 Microsoft and many others have said that organisations need to "fight fire with fire" and use AI to bolster their defences.
AI venture capital trust dishes out more funding May 31, 2024 Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three months.
Artificial Intelligence expert Nina Schick talks weaponisation of AI, deepfake and the elections May 24, 2024 Nina Schick, an AI Advisory Council Member at Qlik, explains to City A.M. news editor Emmanuel Nwosu how we are only "at the beginning of the AI revolution" and how it will "change everything".
Nvidia’s revenue surges 262 per cent and unveils stock split; shares top $1,000 milestone May 23, 2024 Nvidia's revenue surged 262% last quarter due to AI chip sales, pushing shares over 6% to cross $1,000 for the first time.
British terrorism reinsurer warns extremists are ‘actively experimenting’ with AI to carry out attacks May 20, 2024 Terrorism sympathisers have recently begun using AI to create optical illusions as one method of distributing propaganda, the report said.