Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • FTSE 100 Live
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • Abu Dhabi Finance Week
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Hercules
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Fortress prepares to offload Majestic Wine

      Fine wine collection showcased in elegant glassware, highlighting premium vintage selections in a refined setting.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Does Dyson’s Bath investment signal a new era for Prem Rugby?

      Due to the absence of specific context and content from the article, I am unable to generate a descriptive alt text for th...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • New Openings
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      We road test RDR, Star Wars Outlaws and Fallout 4 on Switch 2

      Red Dead Redemption gameplay showcasing a vibrant Wild West landscape with cowboys on horseback under a clear blue sky

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

llm

  • Will you lose your job to AI? This tool could give you a clue

    AI

    A new online tool promises to show workers how exposed their job is to AI, as debate intensifies over how the technology will reshape the labour market. The platform, launched by career intelligence startup Somethingelse, allows users to test their role against an analysis of more than 5,000 jobs. It measures how much of each [...]

    London has defied national trends as job postings in the capital rose.
  • Anthropic and OpenAI raise billions as LLM race accelerates

    AI

    The AI boom took another leap forward this week as rival labs Anthropic and OpenAI moved to lock in eye-watering sums of funding, as the chatbot race accelerates. Anthropic has closed a funding round of between $10bn and $15bn at a valuation of around $350bn, comfortably overshooting its original target. The round was led by [...]

    Anthropics AI technology showcased at a tech conference, highlighting innovative advancements in artificial intelligence
  • Brits increasingly turning to ChatGPT for investment advice

    Tech

    Far more UK savers are now turning to tools such as ChatGPT to help make investment decisions, new research shows. A survey of 1,000 adults by STRAT7 found that 55 per cent have used AI-powered platforms for financial guidance over the past year. On average, each user has invested around £2,350. City AM reported in [...]

    Young investor analyzing stock market trends on a computer screen, representing modern investment strategies using AI tech...
  • Eurostar’s new AI chatbot left customers exposed

    December 22, 2025

    Eurostar’s shiny new AI chatbot was billed as a smarter way of helping customers. But the bot was shipped with old-fashioned security flaws that could have left customers exposed, and for weeks, nobody at the train operator seemed willing to listen. City AM can reveal that multiple security flaws were found in Eurostar’s public-facing AI [...]

  • PayPal teams up with OpenAI to enable payments in ChatGPT

    October 29, 2025

    PayPal has announced a deal with Sam Altman’s OpenAI to embed its digital wallet directly into ChatGPT, allowing its users to shop and pay for products through the AI platform starting in 2026. Under the agreement, PayPal’s global network will be linked to OpenAI, enabling millions of items to be purchased instantly within ChatGPT. This [...]

  • UK businesses wasting millions on ChatGPT-style AI tools

    October 10, 2025

    Companies could be wasting millions on AI tools like ChatGPT, Microsoft Copilot, and Claude as they rush to boost productivity. MIT’s State of AI in Business 2025 study found that while employees in over 90 per cent of companies regularly use personal AI tools, only 40 per cent of organisations have official LLM subscriptions. Despite [...]

  • Microsoft negotiations threaten to delay OpenAI’s restructuring

    August 27, 2025

    OpenAI’s plan to restructure its business and raise billions in new funding is being stalled as it remains locked in complex negotiations with its largest investor, Microsoft. The ongoing talks, which could extend beyond the end of the year, as reported by the Financial Times, centre on key points of contention that could impact the [...]

  • Is Perplexity’s $34.5bn bid for Google Chrome strictly a power move?

    August 17, 2025

    Artificial intelligence start-up Perplexity AI has made an unsolicited $34.5bn (£25.4bn) all-cash offer for Google’s Chrome browser, in a move that some analysts say is as much about signalling intent as it is about striking a deal. The San Francisco-based company revealed the bid on Tuesday, reported Reuters, claiming it had secured backing from several [...]

  • WeTransfer forced to clarify AI data policy after user backlash

    July 16, 2025

    Dutch file-sharing platform WeTransfer has walked back controversial language in its terms of service after online backlash over its potential use of artificial intelligence on user files. The company confirmed it does not use customer-uploaded content to train AI models, nor does it sell or share user data with third parties. The clarification came after [...]

  • OpenAI rivals Anthropic by simplifying AI agent development

    March 12, 2025

    OpenAI has launched a set of new tools aimed at simplifying the process of building agents that can autonomously complete tasks on behalf of users, rivalling Anthropic’s launch of its new AI agent last month. “Building agents is harder than it needs to be”, said an OpenAI spokesperson. To streamline this process, the ChatGPT owner [...]

Trending Articles

  • Sir James Dyson buys 50 per cent stake in top flight English sport club

  • Revolut poised to hit Natwest and Lloyds in deposit war

  • Wetherspoon boss Tim Martin hits back at Miliband ‘warm beer’ advice

  • One in five founders expect to leave UK in next 12 months

  • Bank of England to hike interest rates twice, JP Morgan says

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited