Israeli AI firm Windward to list on London AIM with £126m market cap December 1, 2021 Maritime technology firm Windward has announced today its intention to IPO on AIM on 6 December with a market cap of £126.5m.
Greece’s Ancient Olympia to be digitally preserved by Microsoft November 11, 2021 Ancient Olympia to be digitally preserved in a new deal between the Greek government and Microsoft.
Ocado turns to robots for delivery of groceries to Londoners amid shortage of workers October 26, 2021 Built by UK online supermarket pioneer Ocado, the washing-machine sized bots have caught the eye of international retailers battling a shortage of workers and rising wage demands. Watch the full report.
Why business leaders need a growth mindset to positively influence the workplace of the future September 15, 2021 | City Talk Dr Anne-Marie Imafidon examines the need for leaders to understand advances in technology to positively influence the way we work. To many, technology, such as artificial intelligence (AI) and advanced robotics, may seem to exist in isolation within the computer labs of huge tech companies. They are something that experts are tinkering with, but don’t [...]
SoftBank-backed AI startup Peak raises $75m in second funding round in six months August 31, 2021 Manchester-based Artificial Intelligence (AI) provider Peak will expand into new global markets after raising $75m in its latest funding round, led by SoftBank’s $100bn Vision Fund Two. Peak AI, which sells its “decision intelligence” enterprise software platform to non-tech companies to help with their operations, plans to use the latest raise to double its workforce [...]
AI startup Onfido considers listing in New York instead of London June 27, 2021 The British digital identity startup is reportedly considering a stateside IPO over a London listing, due to rapid business growth in North America. London-headquartered Onfido has begun swapping British accounting standards for American, in preparation for a “potential US IPO in the near future”, The Telegraph first reported. The AI startup, which helps firms like Microsoft, [...]
T-Shaped Teams and the Three Stages of AI Adoption June 22, 2021 | City Talk AI and data science will probably bring about the most significant changes to the financial services industry that the industry has witnessed in its short history. Yet, today, many financial institutions are still struggling to find their way to start the AI journey1. We propose a concept called T-shaped teams (See Exhibit 1) as the [...]
Artificial Intelligence, Social Media, and the Future of Investing June 1, 2021 | City Talk Witnessing the recent GameStop event, it was clear that for better or worse, the little guy, or many, many little guys, had briefly beaten Wall Street at its own game. While GameStop was fuelled primarily by the collective action of many, the voice of only one person, echoed by others, can have similar influence. For [...]
Regulating the robots – unpacking the EU’s new AI Regulation May 11, 2021 | City Talk The European Commission recently publish a first draft of its new Artificial Intelligence Regulation (AI Regulation). The AI Regulation covers both Providers (i.e. developers) and business Users of AI systems. Providers have a broad set of obligations owed to Users. Under the AI Regulation, AI systems are categorised as: – Prohibited: certain “manipulative” and “exploitative” uses of AI are outlawed [...]
EU sets out plans to curb facial recognition in Big Brother crackdown April 21, 2021 The EU has set out plans to regulate the use of “risky” artificial intelligence (AI) such as facial recognition with hefty fines for companies that breach the rules. The draft rules, published by the European Commission today, mark the first international efforts to curb the use of technology that critics warn could be used by [...]