UK government aligns with US with AI regulation delays February 25, 2025 The UK government has postponed its plans to introduce legislation regulating artificial intelligence (AI), as ministers reassess their approach in light of the US’s de-regulatory stance on AI. The proposed bill aimed to require AI companies to submit large language models (LLMs), like OpenAI’s ChatGPT, for testing by the UK’s AI safety institute. It was [...]
Artists, do not be afraid! AI will be good for creativity February 25, 2025 AI can open new paths for storytelling. Creatives should welcome, not fear it, writes Outernet CEO Philip O’Ferrall.
AI will help us all live longer – that’s a business problem February 25, 2025 AI is solving medical problems at unthinkable speeds, but it's not just the pharma industry that should prepare, writes Paul Armstrong.
Adobe’s new AI-powered Acrobat tool is making contracts easier to understand at a glance February 24, 2025 A new survey by Adobe has found that two-thirds (65%) of UK consumers have signedcontracts without fully understanding the terms, and that 60% of SMB owners in the UK haveavoided signing a contract because they weren’t confident they understood the content. While they’re an unavoidable part of doing business, contracts can still be confusing for [...]
Just Eat shares rise 50 per cent on £3.3bn Prosus deal February 24, 2025 Global tech firm Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based firm said it intends to launch the offer “as soon as practically possible”, which the company said was likely to be in the second quarter. The deal is expected to be completed by the end of the year. [...]
International earnings set to outpace domestic in growing companies February 24, 2025 The world’s fastest-growing companies’ international earnings are set to eclipse domestic revenue by 2030, according to new research from HSBC. A survey of 1,143 global senior decision makers, in companies with a revenue of between £18m (£14.2m) and $5bn (£3.9bn), found overseas revenue represents less than half of their income at present. However, this is [...]
Apple axes data protection tool after government security row February 21, 2025 Apple has removed its advanced data protection (ADP) feature from the UK, following a dispute with the UK government over encryption and access to user data. This comes after the Home Office requested access to encrypted iCloud data under the investigatory powers act (IPA), a law that requires leading tech firms to provide information to [...]
Ex-Lloyds executive wants to ‘fintech’ mortgages February 21, 2025 A former Lloyds executive wants to accelerate the mortgage process by bringing AI into the mix. Stuart Cheetham worked at Lloyds bank for over a decade, spanning senior roles across Asia. He was chief executive in Hong Kong and managing director in Japan. However, since departing the Big Four bank, Cheetham founded his own company [...]
UK banks differ from US on AI strategy February 20, 2025 Banks in the UK are more likely to focus artificial intelligence (AI) strategy on improving customer experience compared to their US rivals, a new report has revealed. NTT Data’s ‘Intelligent Banking in the Age of AI’ found 52 per cent of UK banks were using AI to enhance customer services, rather than cut jobs. This [...]
How Virgin Media 02 keeps your data running 24/7 February 20, 2025 City AM was invited inside one of Virgin Media 02 (VM02)'s largest data centres in the UK, located in Slough.