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.
Wayve: Nvidia and Microsoft back British self-driving startup in boost for UK’s AI goals May 7, 2024 Wayve has conducted trials on UK public roads since 2018 and has already partnered with delivery fleets from Asda and Ocado.
This Star Wars Day, master AI like a Jedi May 4, 2024 Star Wars Day is an opportunity to meditate on what businesses can learn from the Jedi about harnessing the power of new technology, says Nigel Vaz “Train yourself to let go of everything you fear to lose.” These words, spoken by Yoda, the best-known of all Jedi masters, could equally serve as the mission for [...]
Calls for a ‘British Library’ of the public’s data grow to help drive AI progress May 2, 2024 A think tank has called for the creation of a 'British Library' of the public's data to help improve Britain's position in the global AI race.
MPs call for AI Act to protect music industry May 1, 2024 The APPG's report makes eight recommendations to the Government, including the implementation of a UK AI Act, the labelling of AI-generated copy, and a personality right to protect artists from deepfakes.
Financial Times announced as latest publication to ink deal with OpenAI April 29, 2024 OpenAI is reportedly offering news organisations as much as $5m per year to license their copyrighted content to train its AI models.
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.