StabilityAI: New AI music tool won’t wipe out musicians September 14, 2023 London artificial intelligence outfit Stability dismissed suggestions it will wipe out some creative jobs yesterday as it rolled out a new tool to allow users to create music via AI. Notting Hill Gate-headquartered Stability AI, which was valued at $1bn last August in a $101m funding round, yesterday launched its Stable Audio product which allows [...]
Our political angst over the triple lock is a result of a deeply unfair tax system September 14, 2023 It would be political suicide for Rishi Sunak to scrap the pensions triple lock, but the frustrations with it are part of how we tax income, rather than wealth, writes Will Cooling
Our fear of importing foreign goods into Britain is hurting our economy and consumers September 14, 2023 A new campaign to celebrate “GREAT” British exports is no bad thing, but we still view importing foreign goods as some unfortunate trade off, writes Ben Ramanauskas
Looney’s successor must also strike a balance on the green agenda September 14, 2023 There must be something in the water. After Dame Alison Rose’s avoidable exit, now we have Bernard Looney’s. Whilst the details of the former are rather clearer than the latter, it does appear that the Irish exec would still be at the head of the oil major today if he’d been more open with the [...]
City of London granted permission to fix plaque on statue linked to slavery September 14, 2023 The two Guildhall statues with slavery links are figures of William Beckford, former two-time Lord Mayor, and philanthropist Sir John Cass.
Crypto AM Summit and Awards open for entries September 13, 2023 The prestigious ceremony, preceded by a gala dinner, is regarded as one of the premier awards events in the crypto and blockchain calendar.
Payally boss: Big Tech crackdown will kill London startups September 13, 2023 The UK needs to “loosen its grip” on Big Tech and steer away from copying the EU’s tough approach to the sector, the founder payments firm Payally has warned. “We need to be attracting big tech to London, not discouraging it,” Rafal Andzejevski told City A.M. “For right or for wrong, we left the EU, [...]
Tobias Ellwood resigns as Commons defence committee chairman September 13, 2023 Tobias Ellwood has quit as defence committee chairman ahead of an expected vote of no confidence, he has confirmed. In a statement posted on X, formerly Twitter, the MP wrote: “It is with deep regret that I have tendered my resignation as chairman of the defence committee. “It has been a huge privilege to lead [...]
PRA hits back at claims it has been ‘captured’ by insurance sector September 13, 2023 The head of the banking and insurance regulator today rebuffed accusations that it had been "captured" by the insurance industry as it considers major reforms to the sector.
Thames Water could soon be heating London homes… with sewage September 13, 2023 Thames Water is exploring how Londoners’ homes could soon be kept warm by heat generated from sewage, City Hall has been told.
