UK savers back AI on pensions, but ‘not as a substitute for humans’ February 12, 2025 UK savers are open to artificial intelligence (AI) playing a key role in pension customer support. But, most would rather have a combination of AI and human interaction, rather than a fully automated system. A recent survey by pension scheme provider PensionBee found that of its 1,000 participants, 79 per cent favoured a hybrid approach. [...]
As the US snubs Paris summit, how can we keep AI under control? February 11, 2025 The US and UK have refused to sign a declaration on AI safety at the Paris Summit. Is there a 'third way' for regulation, asks Russ Shaw.
Meta fact-checking U-turn probed over Ronaldo Facebook deepfake scam February 6, 2025 Meta’s decision to scrap fact-checking on Facebook and Instagram is under review after Brazilian football legend Ronaldo Nazario was caught up in a deepfake scam. The company’s oversight board has launched an investigation after Meta initially rejected calls to remove a post that used an AI-manipulated video of Ronaldo to promote a gambling app. Meta [...]
Google parent firm Alphabet drops pledge on using AI tech for weapons and surveillance February 5, 2025 Google’s parent company Alphabet has removed its commitment to avoiding artificial intelligence (AI) applications for weapons and surveillance from its ethical guidelines. The tech behemoth stressed the importance of collaboration between businesses and democratic governments to develop AI that “protects people, promotes global growth, and supports national security.” The revised guidelines were announced in a [...]
Stokes and Gakpo part of £4m funding round for AI wealth firm Prosper January 30, 2025 England cricket captain Ben Stokes and Liverpool forward Cody Gakpo are part of a £4m funding round for a wealth management platform leveraging AI. The sportsmen joined Fuel Ventures, who led the round with a £2m investment, in London-based FinTech Prosper. Olympians Dame Jessica Ennis-Hill, Dame Sarah Storey and Tim Podcock, and footballers Ben White [...]
Is Deepseek more an attack on Wall Street than an AI innovation? January 30, 2025 The launch of Deepseek has been framed as the AI race’s Sputnik but the timing is dubious and questions are being asked about whether the tech is really as game-changing as its creators claim. Either way, America must stay vigilant, says Mark Minevich It started with a single, seismic headline: China builds an AI model [...]
DeepSeek: US AI tech giants face ‘Sputnik moment’ which could start new race January 28, 2025 The rapid rise of Chinese AI startup DeepSeek has been described as the US tech sector’s ‘Sputnik moment’ which “may well kickstart a new, even more energetic race”. US tech stocks took a battering yesterday after gaining global attention over its seemingly cheaper AI model which sparked a sell off in shares for its competitors. The sudden [...]
Green belt site near M25 to host Europe’s largest AI data centre January 24, 2025 Plans for Europe’s largest cloud and artificial intelligence (AI) centre near the M25 in Hertfordshire have been approved, in wake of the UK launching its so-called ‘action plan’. The state of art facility will be built near the Elstree substation, 30 minutes from central London, and will span up to two million square feet, carrying [...]
Starmer’s AI plan confirms one thing: Britain is falling behind January 23, 2025 Britain is falling further behind in the AI race - and the government’s new AI strategy confirms it, writes Alexandra Mousavizadeh.
Davos 2025 is about growth, growth, growth. The UK must listen January 20, 2025 Despite struggles, the UK still has all the ingredients for growth. Davos 2025 is an opportunity to remember that, writes Chris Hayward.