Data attacks set to enter new era under ‘FraudGPT’, warn cybersecurity execs August 8, 2023 A new breed of malicious AI models are “heralding an era of AI-enabled data attacks” on businesses, Darktrace VP of strategic cyber AI Nicole Carignan has warned. Speaking to City A.M., Carnigan said data attacks will become “faster and harder to defend against in the next few years” as new AI systems make attacks more [...]
Meta to launch AI-powered chatbots in a bid to cling on to users August 1, 2023 Meta, the parent company of Facebook, is reportedly gearing up to deploy a squadron of artificial intelligence-powered chatbots, each with their own distinctive personalities, in an effort to cling on to its users who have been dwindling lately. Meta has been crafting prototypes for these chatbots, aptly named “personas”, the Financial Times reported today, citing [...]
MI6 chief calls for Russians to spy for UK July 19, 2023 The head of MI6 has urged Russians angry at Vladimir Putin’s war in Ukraine to spy for the UK. Sir Richard Moore told them “our door is always open” and “we will work to bring the bloodshed to an end”. He said that while artificial intelligence (AI) is being used to help target the Kremlin’s [...]
Cleverly calls for global cooperation at first UN Security Council meeting on AI July 18, 2023 James Cleverly called for global governance of artificial intelligence as it “knows no borders” at the first UN Security Council meeting on the issue. The Foreign Secretary said the technology would “fundamentally alter every aspect of human life” and could “enhance or disrupt global strategic stability”. The UK chaired the first UN Security Council session on the [...]
Bosses from Natwest, Shell and Sainsbury’s join PM’s new taskforce to boost growth July 18, 2023 Top bosses from firms including Barclays, Aviva and Shell have joined the Prime Minister’s new business council aimed at supercharging the UK’s growth. Prime Minister Rishi Sunak will chair the first business council meeting at No10 today, followed by a glitzy reception for scores of industry bigwigs to celebrate UK enterprise. CEOs including Alison Rose [...]
Truss suggests mini-budget may have paid off in the long-term July 12, 2023 Liz Truss appeared to suggest her mini-budget may have paid off long-term as her new taskforce warned the UK risks lagging behind other nations unless it tackles stagnation. Britain’s shortest-serving prime minister likened sluggish growth in recent years to a “boiling a frog situation” as she attended an event to launch the Growth Commission. Members [...]
Meet the AI ‘pioneers’ behind Britain’s biggest infrastructure projects July 4, 2023 Businesses can benefit from artificial intelligence (AI) regulation creating “trusted brands”, the man using the technology to power the restoration of parliament – among other major infrastructure projects – has said. Rishi Sunak’s calls to regulate AI can benefit the industry, nPlan founder Dev Amratia has said, by allowing startups to position themselves as “safe, [...]
Wimbledon: Cameron Norrie tipped to reach final by IBM AI Draw Analysis July 3, 2023 He made the semi-finals at Wimbledon last year but this year British No1 Cameron Norrie could go one better, according to AI analysis by IBM. Andy Murray could reach the second week in south-west London but Katie Boulter faces a difficult route to the latter stages, the tech giant says. Norrie begins his campaign at [...]
‘Lean in’ to artificial intelligence, education secretary urges firms June 29, 2023 Businesses need to “lean in” to the power of artificial intelligence (AI), education secretary Gillian Keegan has said. The education secretary told City A.M. indulging in fears about AI wiping out jobs and opportunities was unproductive. Asked whether she was concerned about the impact of the new technology such as ChatGPT and Bard altering or [...]
Uhoh: Oxford study shows AI really can pick funds better than humans June 29, 2023 An Oxford University study suggests that artificial intelligence and machine learning can pick private equity funds that deliver above-average returns