Bank of England sounds alarm on ‘high risk’ AI bubble October 8, 2025 The Bank of England has warned of the potential for a “sharp correction” in global markets due to the “stretched” stock valuations from the artificial intelligence (AI) boom. The central bank’s Financial Policy Committee has warned a crash in the roaring value of US tech giants could spark trouble overseas. “A crystallisation of such global [...]
AI made this London Film Festival movie about love and loss October 6, 2025 Amid waves of criticism against AI, one film at London Film Festival 2025 has been proudly harnessing artificial intelligence. Memory of Princess Mumbi is set in a retro-futuristic Africa in 2093, and much of the landscapes and scenic shots have been developed using AI. Although the filmmaker Damien Hauser’s intentions were to “make a movie [...]
Open AI and AMD challenge Nvidia with multibillion chip deal October 6, 2025 OpenAI has announced a multi-billion dollar deal with chip giant AMD to build large scale AI data centres – one of the most direct challenges to Nvidia’s dominance in the AI market to date. Under the partnership, OpenAI will buy six gigawatts of AMD’s next generation processors, starting with the MI450 chip launching in 2026. [...]
Themis snaps up Pasabi in AI fraud fight as financial crime costs soar October 3, 2025 London-based financial crime intelligence firm Themis has acquired fraud monitoring company Pasabi, in a move aimed to accelerate the use of AI in tackling one of the fastest-growing criminal threats facing businesses and consumers globally. The deal, approved under the UK Home Office’s National Security and Investment Act, is set to fold Pasabi’s fraud detection [...]
UK launches national commission to fast-track AI in the NHS September 26, 2025 The UK government has established a national commission to accelerate the safe introduction of AI across the NHS. The panel, which brings together experts from big techs, researchers, and clinicians, will advise the Medicines and Healthcare products Regulatory Agency (MHRA) on a new regulatory framework for AI in healthcare, set to be published next year. [...]
‘Some of the benefits are fairly boring, but they save lives’: AI chief on transforming the NHS September 26, 2025 AI in healthcare might spark visions of robotic doctors and futuristic diagnostics. But Robbie Jerrom, senior principal technologist for AI at Red Hat, insists the real gains lie in the mundane systems that make the NHS run more efficiently. “Prioritising summarising email requests or patient call logs… they’re not very exciting, but they consume a [...]
Nvidia-OpenAI deal raises questions over how sustainable the AI boom is September 23, 2025 Nvidia and OpenAI have unveiled what they call the largest AI infrastructure project in history, a partnership to deploy 10 gigawatts of data centres powered by millions of Nvidia’s advanced chips. The deal could see Nvidia invest up to $100bn (£73.99bn) in Sam Altman’s company, even as OpenAI spends billions of dollars buying those very [...]
Banking customers hate chatbots – and it could cost the sector £9.3 billion September 19, 2025 75 per cent of people would rather deal with a person than a chatbot concerning their finances; one in five has shouted at their robot antagonist; and one in eight admits swearing at them. Rather than save money, Chatbots may actually be driving business away, says Chris Teasdale If you’ve interacted with customer services in [...]
What the US tech investments tell us about the UK’s public markets September 18, 2025 There was some debate in the City AM newsroom on Tuesday over which story should grace the front page yesterday. On the one hand, news of £30bn worth of tech investment offered the kind of optimism we’re always looking out for, but on the other hand news came that global fund managers were pulling out [...]
UK firms race into AI as Peter Kyle urges regulators to keep pace September 5, 2025 Tech consultancy firm Capgemini has urged that, despite businesses racing to roll out generative artificial intelligence (genAI), most remain aptly unprepared for the governance challenges it will bring. This warning comes just as the UK government leans on the technology to sharpen its competitive edge and cut red tape. The French consultancy’s AI survey, published [...]