‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Klarna lawyers drafting contracts with ChatGPT and 9 in 10 staff using AI everyday May 14, 2024 But the adoption of AI at Klarna has impacted its hiring strategy. The firm recently said that AI was doing the job of 700 full-time workers.
AI washing: How companies are using AI hype to bump up their share prices May 14, 2024 Overplaying claims about artificial intelligence in the hope of creating a 'halo effect' around their company and boosting their stock price is a new fad, spanning across a variety of sectors.
What Wayve’s billion-dollar round says about the UK’s fundraising landscape May 12, 2024 Wayve's latest funding round was heralded as a watershed moment for UK tech, but also revealed a worrying trend about our fundraising landscape.
Does the Darktrace takeover prove the US bad for British tech? May 11, 2024 Policy makers love that we’re building tech companies like Darktrace in the UK but hate it when they scale in the US. Time to regulate for reality, says Camilla de Coverly Veale You don’t have to look far to find someone presenting the view that the US tech scene is a predator to British tech: [...]
AI giant Coreweave in £1bn UK investment as London picked for new European HQ May 10, 2024 An American artificial intelligence (AI) group has announced plans to invest £1bn in the UK after opening a new office in London as its European headquarters.
Labour ‘absolutely committed’ to engaging with tech sector, says shadow minister May 9, 2024 Labour's shadow science minister yesterday addressed a room of representatives from a number of the UK's most cutting-edge tech companies.
UK edges closer to new laws for artificial intelligence May 9, 2024 On Friday, the House of Lords will hear the third reading of the AI bill and, if all goes well, it will progress to the House of Commons.
The UK needs to build a British data library to become an AI leader May 8, 2024 Politicians should back calls to develop a British data library if they want to see the UK give birth to the next crop of world-leading AI firms, Jess Jones writes
Youngest self-made billionaire chooses London for European HQ May 7, 2024 Scale AI's founder became the youngest self-made billionaire in the world at age 24, according to Forbes, in 2022.
Finding the ‘Turing of tomorrow’: Multi-million pound maths grant to bolster AI and nuclear May 7, 2024 An open competition will run where organisations can apply for the grant funding, which will distributed over the next three years. It will be open until 4 June.