Pharma firm makes RSV vaccine candidate breakthrough with artificial intelligence December 21, 2022 Biopharmaceutical firm Poolbeg Pharma has found a number of RSV vaccine candidates via artificial intelligence (AI), in a landmark move in finding a treatment for the virus. The London-listed company has prioritised candidates with existing early-stage clinical data, which could be repositioned into novel treatments for RSV infection. Candidates with solid safety data in humans [...]
UK government stumps up £12m to make 5G tech green and accessible December 20, 2022 The Department of Culture, Media and Sport is funding a £12m international project to make 5G telecommunication green and more accessible across the UK. The project named Towards Ubiquitous 3D Open Resilient Network (TUDOR) plans to use AI to improve the efficiency of 5G and in due course 6G infrastructures. TUDOR is led by the [...]
Use artificial intelligence to navigate volatile economy, audit body says November 29, 2022 Artificial Intelligence (AI) and data analytics tools will play a “key” role in helping auditors navigate the volatile economic conditions the world is facing in the wake of Covid and the war in Ukraine, one of the UK’s largest audit trade bodies has said. The Chartered Institute of Internal Auditors (CIIA) said auditors should “embrace” [...]
UK set to become next AI superpower says new report November 22, 2022 The UK could be the next big global artificial intelligence superpower as the government leads the way with public sector investment. According to a new independent report carried out by WPI Economics, on behalf of software firm Splunk, the UK is forging ahead of its European rivals in many aspects of how it embeds data and [...]
Data protection watchdog warns against ‘immature’ biometric technology October 26, 2022 The UK’s data protection watchdog has warned against businesses using “immature” technology to measure biometrics, saying the risks currently outweigh the benefits. Emotional analysis technologies process data such as gaze tracking, facial movements, heartbeats, facial expressions and skin moisture. Financial services firms often use this technology in their facial recognition practices to verify identities through [...]
Government committee launches inquiry to regulate AI in the UK October 20, 2022 A government Committee has launched an inquiry into artificial intelligence in a bid to regulate it as it become an increasingly appealing avenue for businesses. “AI is already transforming almost every area of research and business. It has extraordinary potential but there are concerns about how the existing regulatory system is suited to a world [...]
Artificial Intelligence: UK’s Supreme Court to rule on letting robots patent inventions September 4, 2022 The UK’s highest court is set to decide whether artificial intelligence (AI) robots should be allowed to patent their own inventions. Britain’s Supreme Court has agreed to hear a computer scientist’s bid to list his AI machine as the sole inventor of two separate products, in an application to the UK’s patent office. The Supreme [...]
From translations to chatbots: The future has arrived as UK firms rush to implement artificial intelligence July 17, 2022 It seems the future is knocking as more and more UK businesses are actively looking to implement artificial intelligence, with solutions such as speech recognition, machine translations, chatbots and sentiment analysis being the key drivers. Many businesses are opting to take a low- or no-code approach to implementing artificial intelligence solutions into their operations, according [...]
The next 75 years: will generalists or specialists prevail? July 5, 2022 | City Talk To generalise or specialise? From the vantage point of 1947, when four financial analyst societies joined forces to create the federation now known as CFA Institute, that question may have had a different answer than it does for investment professionals today. Concentrated in New York and London, finance was hardly the world-spanning sector of 2022. [...]
Government amends copyright law to make the UK an AI leader in a post-Brexit world June 28, 2022 The government has announced plans to shake-up copyright law to pave the way for the UK to become an artificial intelligence leader. Under the new rules, the government will make it easier to analyse material for the purposes of machine learning, research and innovation. It will also anyone with lawful access to this material should [...]