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      Iwoca closes bumper debt facility as sale speculation mounts

      Christoph Rieche (right) and James Dear (left) co-founded Iwoca in 2011.

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enterprise AI

  • AI’s biggest problem is that it is trained to ‘please you’, warns tech chief

    Tech

    The biggest risk facing AI may be that it becomes too good at telling users what they want to hear. Anthony Goonetilleke, chief tech officer at software firm Amdocs, told City AM businesses rushing to deploy AI are vastly underestimating a more subtle and potentially more dangerous problem emerging inside LLMs. “There’s another bucket I [...]

    LONDON - MAY 06: The Shadow Robot company's dextrous hand robot holds an Apple at the Streetwise Robots event held at the Science Museum's Dana Centre on May 6, 2008 in London, England. The Dextrous Robotic Hand has a bank of 40 Air Muscles which make it capable of 24 movements and the most advanced robot hand in the World. (Photo by Jeff J Mitchell/Getty Images)
  • UK firms unaware of how their AI data is used overseas

    Tech

    Most large UK firms do not fully know what happens to their data once it is processed by AI systems abroad, raising compliance and security concerns as adoption continues to rise. According to a recent Harbr Data survey, 61 peer cent of senior tech and data leaders at companies worth £100m or more lack a [...]

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