Pinewood Technologies strikes deal with AI firm to bolster US expansion September 4, 2024 Pinewood Technologies, formerly known as Pendragon, has entered into an advanced subscription agreement with Seez, known for its automotive AI tech, it announced today. Under the terms of the agreement, Pinewood Technologies, which is listed on the London Stock Exchange, said it had agreed to invest $4.2m (£3.2m) as part of a minority investment round. The [...]
Wall Street carnage continues as Nvidia leads US tech selloff September 4, 2024 A wave of panic selling hit Wall Street on Tuesday, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all suffering their steepest daily percentage declines since early August. The carnage was widespread, with nine of the 11 sectors within the S&P 500 sinking into the red, led by sharp declines in technology, [...]
AI and dating apps: a match made in heaven or hell? September 4, 2024 Dating apps are unleashing AI to run our hopeless romantic pursuits. But could this push users away in the long run?
What’s On in London in September 2024 September 3, 2024 As summer fades and the crisp breeze of autumn begins to fill the air, London prepares for an exhilarating September packed with cultural and sporting events, festivals, and unique experiences. Whether you’re a local, worker or a visitor, the capital offers an unrivalled array of activities to make the beginning of this autumn unforgettable. From [...]
Craneware spies ‘increased opportunity’ from Microsoft partnership September 3, 2024 Software and IT company Craneware said it sees “increased opportunity ahead” as it posted solid full year results on Tuesday, ahead of expectations. The Scottish company, which provides software to American healthcare organisations, beat forecasts as revenue rose to $189.3m (£144.3m) in the year to 30 June 2024, up nine per cent from $174m (£133m) [...]
‘There’s little room for caution’: Banks and fintechs gear up for AI revolution September 3, 2024 The financial services sector is leaning into the hype around artificial intelligence, as banking and fintech executives hail its potential to boost productivity and reduce costs.
Meet the fund managers: Sticking by ESG as it falls out of fashion September 2, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Yolanda Courtines, manager of the Wellington Global Stewards fund. What makes the fund stand out from its competitors? We have 35 to 45 names in the portfolio, with a history of high returns [...]
Allwyn: We want to get more young people playing the National Lottery September 1, 2024 The National Lottery, once a staple of Saturday night television, is hoping to rejuvenate its ageing demographic with plans to draw in a younger crowd. Andria Vidler, the chief executive of Allwyn, the company now responsible for running the Lottery, has said there is a need for change. The Lottery has “aged,” she said, adding [...]
Tinder, Hinge, Bumble and Grindr look to AI to rekindle the romance with users September 1, 2024 Tinder, Hinge, Bumble and Grindr are all embracing artificial intelligence (AI) in a bid to woo back their users who have fallen out of love with dating apps. New AI features are aiming to help eligible singles find a match made in algorithmic heaven by offering users suggestions to improve their profiles and instant feedback [...]
Curing cancer and cleaning our oceans? Here’s why I’m betting on biotech September 1, 2024 Something that can cure cancer and clean our oceans? Biotech sounds too good to be true, but some things really are just like magic, writes Andrew Craig.