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artificial intelligence

  • UK and Korea prepare for second AI safety summit in Seoul

    April 12, 2024

    The UK and the Republic of Korea are gearing up for the second Artificial Intelligence (AI) Safety Summit, set to be held in Seoul on 21 and 22 May.

  • Competition watchdog issues warning on AI foundation models like ChatGPT

    April 12, 2024

    The CMA said it is concerned about the concentration of market power among a handful of incumbent technology giants' AI models.

  • Amazon ‘actively’ looking to invest in multiple UK startups with £800m fund

    April 11, 2024

    Amazon is exploring funding opportunities with a number of tech startups based in the UK via its $1bn (£800m) industrial innovation fund.

  • Darktrace rises on revenue growth and improved forecast

    April 11, 2024

    Darktrace added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.

  • Amazon opens £600m robot lab to speed up deliveries and improve efficiency

    April 11, 2024

    Amazon has been busy developing a fleet of robots such as the Universal Robotic Labeller (URL) to help its staffers sort and pack products.

  • Nationwide turns to AI after adverts starring Dominic West banned

    April 10, 2024

    Nationwide has turned to AI in a bid to avoid any further entanglements with a UK watchdog after its adverts starring Dominic West were banned for being misleading.

  • Is there an AI bubble and will it burst?

    April 10, 2024

    As stocks like Nvidia have risen over 200 per cent in the last year, some are worried an AI bubble is emerging. Jess Jones and Elliot Gulliver-Needham take a closer look

  • AI will produce Britain’s first trillion-pound company

    April 10, 2024

    It’s often claimed that there are no votes in AI, but with the opportunities presented by new technology, this could be the most exciting and expansive time to be in government, says Benedict Macon-Cooney Too much time and energy has gone into the Prime Minister’s AI strategy when “there isn’t a single vote in it,” [...]

  • Meta president Nick Clegg says AI can’t be kept in the ‘clammy hands’ of Big Tech

    April 9, 2024

    During a Meta event, Nick Clegg also revealed that Llama 3, Meta's newest large language model (LLM), will be released within a month.

  • Trafigura: AI and data centre construction could lead to copper shortages

    April 9, 2024

    Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.

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