Anthropic boss ‘concerned’ about AI’s impact on jobs October 16, 2025 Anthropic boss and co-founder Dario Amodei has warned that the rapid advance of AI could upend the workforce “faster and more broadly than anything we’ve seen before”, even as his company embraces the technology to transform how it operates. Speaking on stage at Salesforce’s Dreamforce conference in San Francisco, Amodei announced that AI tools were [...]
The company using AI to keep workers away from NHS waiting rooms October 16, 2025 Simplyhealth has pledged to be a solution to the UK’s productivity crisis, linking rising corporate sick leave, which costs Britain’s economy an estimated £150bn annually, to the NHS’s long backlog of treatments. The health insurer is turning to agentic AI to scale its services, hoping to keep employees healthy and at their desks rather than [...]
Salesforce cosies up to OpenAI and Anthropic amid sluggish sales October 15, 2025 Software giant Salesforce is doubling down on its partnerships with AI heavyweights OpenAI and Anthropic to bolster its flagship AI platform, ‘agentforce 360’, as uptake remains modest. At this week’s Dreamforce conference, chief executive and co-founder Marc Benioff announced: “We’re so thrilled to have our relationship with OpenAI”. “You guys are becoming a critical part [...]
‘The AI bubble won’t pop’, says Bain & Company tech expert October 15, 2025 Despite mounting speculation of a possible ‘AI bubble‘, a senior Silicon Valley investor has told City AM that some concerns may be overblown. Anne Hoecker, Silicon Valley partner at Bain & Company and head of the company’s global tech practice, told City AM on Tuesday: “When people say a bubble, it feels like something that’s [...]
Salesforce rolls out new AI tools amid escalating job concerns October 15, 2025 US tech behemoth Salesforce unveiled ‘agentforce 360′ on Tuesday, its latest generative AI platform built to automate repetitive tasks, as concerns around AI’s impact on jobs continue to swirl, and the company itself navigates workforce reductions. Salesforce executives framed the platform as a way to augment rather than replace human workers, providing tools that allow [...]
Oxford University Press finds half of UK students fooled by AI October 15, 2025 Oxford University Press has warned that schools must do more to help students navigate the world of AI after a survey showed alarming gaps in students’ ability to judge AI content. A new OUP survey of 2,000 UK pupils found that only 47 per cent of students feel confident in identifying trustworthy AI-generated information. A [...]
Cisco: Only 16 per cent of UK firms ready to deploy AI safely October 14, 2025 Britain’s race to embrace AI could stumble before it starts, as new research from tech giant Cisco has revealed that just 16 per cent of UK firms are adequately equipped to scale AI safely across their operations. The company’s ‘AI readiness index’, City AM can reveal, shows a sharp divide between businesses racing ahead and [...]
AI fraud surge squeezes UK retail margins as businesses fight back with tech October 13, 2025 UK retailers are under siege from a surge in AI-driven fraud, eroding thin profit margins and forcing a scramble for smarter defences. As economic headwinds bite, fraud losses are climbing, with businesses from high street giants to e-commerce heavyweights investing heavily in technology to stay afloat. Michael Reitblat, chief executive of fraud prevention specialist Forter, [...]
Reeves warns the rich will ‘contribute more’ as Budget tax squeeze looms October 12, 2025 Rachel Reeves has signalled that wealthier households will be asked to “contribute more” in her Budget next month, as the chancellor seeks to close a £20–30bn gap in the public finances without cutting spending or taking on new debt. Treasury sources told The Telegraph that Reeves will neither reduce public spending nor expand borrowing significantly, [...]
China fires back at Trump’s 100% tariff threat as markets jitter October 12, 2025 Just a day after president Donald Trump sent global markets reeling with his promise of a fresh 100 per cent tariff on Chinese imports, Beijing has struck back, accusing the US of “double standards” and warning that it could introduce its own countermeasures. A spokesperson for China’s Commerce Ministry said Washington’s threat to punish Beijing [...]