Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw April 29, 2024 Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).
Meet the fund manager: Stephen Yiu on Meta, Nvidia and cashing in on the AI boom April 29, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Stephen Yiu, manager of Blue Whale Growth fund.
American private equity firm to snap up Darktrace for £4.3bn April 26, 2024 American private equity firm Thoma Bravo has struck a deal to buy British cyber security company Darktrace in an all-cash transaction.
Regulator launches three investigations into Microsoft and Amazon April 24, 2024 The CMA is worried that big tech partnerships could give the likes of Microsoft and Amazon too much market power and harm competition.
RWS: Language tech firm bets on AI to boost growth as it forecasts drop in profit April 23, 2024 Language services group RWS Holdings is expecting a fall in profit as it bets on its artificial intelligence offerings to provide much-needed growth.
The IMF says the UK is primed to benefit from AI – the next government must not waste this opportunity April 23, 2024 The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help secure these benefits as soon as possible, Chris Dorrell writes
How AI is shaking up business travel – and how it involves you April 18, 2024 From booking flights to creating itineraries, AI (artificial intelligence) is already changing the face of the work trip, says Jenny Southan
UK government set to speed up regulation of AI models like ChatGPT and Google Gemini April 15, 2024 New legislation would likely limit the production of large language models such as ChatGPT and Google's Gemini.
City leaders turn to AI bots to fight financial crime April 15, 2024 Half of leaders in the City of London use AI to access financial advice, according to new research.
Hollywood strikes ‘groundbreaking’ AI agreement with Sony, Universal, Warner and Disney April 14, 2024 The deal includes Warner Music Group, Sony Music Entertainment, Universal Music Group and Disney Music Group.