AI investment set to accelerate UK transport upgrades Tech Artificial intelligence (AI) is set to play a bigger role in the day-to-day running of Britain’s transport networks, with ministers and industry figures saying that digital investment will now move from pilot projects to country-wide deployment. Transport Select Committee chair Ruth Cadbury told transport and tech leaders on Thursday that the government remains committed to [...]
Tracsis: Revenue dips at transport tech firm after election disruption Business Transport technology provider Tracsis has reported a dip in revenue caused by the general election, but said that disruptions have now subsided and that it has returned to normal operations. The AIM-listed firm expected revenue of £81m in the year ended 31 July 2024, down by just £1m from 2023. It expected adjusted earnings before [...]