AI venture capital trust dishes out more funding May 31, 2024 Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three months.
Softcat to offer new machine learning services with AI specialist Sysgroup May 29, 2024 Softcat has partnered with artificial intelligence specialist Sysgroup, in a move bosses hope will expand its machine learning customer-base.
Softbank to invest $9bn in pivot to AI May 27, 2024 Japanese tech company Softbank is to invest almost $9bn in artificial intelligence, as it pivots away from its traditional venture capital model of investing. Softbank became known globally for its flagship Vision Fund, investing in pie in the sky companies which occasionally translated to a massive win. Most famously, the company invested a staggering total [...]
Artificial Intelligence expert Nina Schick talks weaponisation of AI, deepfake and the elections May 24, 2024 Nina Schick, an AI Advisory Council Member at Qlik, explains to City A.M. news editor Emmanuel Nwosu how we are only "at the beginning of the AI revolution" and how it will "change everything".
Reform AI adoption or it could ‘widen corporate inequalities’, IoD warns May 24, 2024 The adoption of generative AI could "widen corporate inequalities, with sectors prone to market consolidation seeing the most significant shifts."
News Corp: The Times and Sun publisher pens ‘beautiful friendship’ deal with OpenAI worth £200m May 23, 2024 OpenAI now has access to current and archived content from many of News Corp's publications, including The Times and The Sun.
Cambridge tech ecosystem worth £150bn, more than Italy and Spain’s combined May 23, 2024 Mega rounds by start-ups including Wayve and Quantinuum have fuelled a record-breaking funding total of £1.3bn.
FTSE 100 today: London markets set to open lower as rate cut bets ease May 23, 2024 Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.
Nvidia’s revenue surges 262 per cent and unveils stock split; shares top $1,000 milestone May 23, 2024 Nvidia's revenue surged 262% last quarter due to AI chip sales, pushing shares over 6% to cross $1,000 for the first time.
Why this year’s London Tech Week looks set to be the biggest ever May 22, 2024 During London Tech Week, speakers from the government and across industry will focus on the topics du jour, such as the UK's AI ambitions.