Competition watchdog issues warning on AI foundation models like ChatGPT April 12, 2024 The CMA said it is concerned about the concentration of market power among a handful of incumbent technology giants' AI models.
Amazon ‘actively’ looking to invest in multiple UK startups with £800m fund April 11, 2024 Amazon is exploring funding opportunities with a number of tech startups based in the UK via its $1bn (£800m) industrial innovation fund.
Darktrace rises on revenue growth and improved forecast April 11, 2024 Darktrace added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.
Amazon opens £600m robot lab to speed up deliveries and improve efficiency April 11, 2024 Amazon has been busy developing a fleet of robots such as the Universal Robotic Labeller (URL) to help its staffers sort and pack products.
Nationwide turns to AI after adverts starring Dominic West banned April 10, 2024 Nationwide has turned to AI in a bid to avoid any further entanglements with a UK watchdog after its adverts starring Dominic West were banned for being misleading.
Is there an AI bubble and will it burst? April 10, 2024 As stocks like Nvidia have risen over 200 per cent in the last year, some are worried an AI bubble is emerging. Jess Jones and Elliot Gulliver-Needham take a closer look
AI will produce Britain’s first trillion-pound company April 10, 2024 It’s often claimed that there are no votes in AI, but with the opportunities presented by new technology, this could be the most exciting and expansive time to be in government, says Benedict Macon-Cooney Too much time and energy has gone into the Prime Minister’s AI strategy when “there isn’t a single vote in it,” [...]
Meta president Nick Clegg says AI can’t be kept in the ‘clammy hands’ of Big Tech April 9, 2024 During a Meta event, Nick Clegg also revealed that Llama 3, Meta's newest large language model (LLM), will be released within a month.
Trafigura: AI and data centre construction could lead to copper shortages April 9, 2024 Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.
Multiverse snaps up US-based AI software company Searchlight April 9, 2024 Multiverse plans to use Searchlight's technology to speed up the integration of generative AI and machine learning into its operations.