Spring Budget 2024: Hunt poised to double AI funding through Alan Turing Institute March 6, 2024 Jeremy Hunt is set to announce a doubling of funding for the Alan Turing Institute, the national hub for AI, in his Spring Budget tomorrow.
Tech is in turmoil – but there is an upside March 6, 2024 There’s no need to panic about cutbacks and uncertainty around AI, capitalism is all about change and innovation, says Paul Ormerod The Greek god Chronos, known as Saturn to the Romans, was notorious for eating his own children. Something similar seems to be going on within the tech industry. Tech giants such as Google, Microsoft [...]
How British Airways wants to win passengers back: WhatsApp, new lounges and a £7bn facelift March 5, 2024 British Airways Chief executive Sean Doyle outlined the "modernisation" plan with the airline lagging in consumer polls
Mergers and acquisitions: UK deals dry to pandemic low amid ‘constrained’ conditions March 5, 2024 The number of UK mergers and acquisition (M&A) deals continued to fall in the final three months of 2023, with December seeing the lowest number since the coronavirus pandemic began. There were a total of 367 combined domestic and cross-border mergers and acquisitions in the fourth quarter of the year, down from 400 in the [...]
Spring Budget 2024: Six things to look out for March 5, 2024 One thing is certain in the Spring Budget: Hunt will cut taxes. We do not know exactly what taxes he will cut or by how much, but with the Conservatives trailing Labour by as much as 20 percentage points, tax cuts are guaranteed.
UK strikes science deal with Saudi Arabia as the kingdom grows its tech industry March 4, 2024 The UK has struck a science and research deal with Saudi Arabia in a bid to get its foot in the door of the fast growing oil-rich nation.
Civil servants hopeful on AI’s role as Jeremy Hunt goes on productivity drive March 4, 2024 The government is hopeful that AI can help turnaround the UK's stagnant productivity, which has flat-lined since 1997.
Dame Jayne-Anne Gadhia on open banking, account closures and sexism in the City March 4, 2024 Former Virgin Money CEO and Snoop founder Dame Jayne-Anne Gadhia speaks to City A.M. about the open banking revolution, "debanking" and sexism in the City.
Google Gemini’s bias problem is just the start in AI diversity disasters March 4, 2024 As missteps like Google's Gemini shows, programming out bias in AI models is no quick fix, writes Rebecca Gorman.
Matalan turns to AI in ‘retail first’ as it predicts productivity to quadruple March 4, 2024 Matalan launched a Generative AI (GenAI) tool in a "retail first" which it has said will lead to a quadrupling of productivity.