Nvidia: Tech stocks ‘at the mercy’ of chipmaker’s results August 26, 2024 Nvidia’s quarterly earnings results this week are set to define the trajectory of the entire tech market, analysts have warned, adding that the fallout from the update by the world’s third largest listed company might be felt across the entire global economy. “Big picture, the overall tech/AI theme arguably looks at the mercy of Nvidia’s [...]
The Square Mile is educating the workforce of the future August 26, 2024 By investing in this generation, we can ensure that our workers and workplaces have the skills to achieve, laying the foundations for the City’s future success, says Chris Hayward Here in the City we have one of the youngest, most highly-skilled workforces in the country: over half of the Square Mile’s 615,000 workers are under 40. And each year we [...]
The London Film Festival launches free video games arena August 22, 2024 Sitting and watching a big screen is a brilliant, but increasingly old fashioned, way to take in the latest stories. As technology advances, it becomes increasingly clearer that there are an increasing amount of alternative ways to enjoy high-definition experiences, and the LFF Expanded programme returns bigger than ever for this year’s London Film Festival. [...]
Baillie Gifford US Growth: Investor patience ‘will wear thin’ over underperformance August 22, 2024 The £643m Baillie Gifford US Growth trust is at risk of investor patience wearing thin over its failure to keep up with the strength of US markets, analysts have warned. In the trust’s annual result, it revealed that its underlying assets grew by only 16.2 per cent throughout the year, compared to a 24.8 per [...]
AI can jump-start UK productivity – we just need to get over our trust issues August 22, 2024 Artificial intelligence can be the productivity cure it promises to be - but we need a little trust, writes Daniel Pell.
London insurance sector braces for Atlantic hurricane season August 21, 2024 As the Atlantic hurricane season reaches its peak, the London insurance market is preparing for the fallout.
Thomson Reuters snaps up British AI startup that provides legal advice August 21, 2024 Information giant Thomson Reuters has snapped up British artificial intelligence (AI) company Safe Sign Technologies as it looks to grow its suite of AI-powered research tools targeted towards the legal industry. Safe Sign has been building and developing a legal specific large language model (LLM) that aims to make reliable legal advice more accessible. Both firms [...]
Meta: Watchdog greenlights changes to advertiser data rules on Facebook August 20, 2024 The UK’s competition watchdog has given the green light to new commitments from Meta to better protect the data of advertisers on Facebook. Since June 2021, the Competition and Markets Authority (CMA) has been looking into whether Meta has unfairly data from its advertising services to give its Facebook Marketplace an edge over competitors. After [...]
Quantexa: AI start-up boss on business after hitting Unicorn status August 19, 2024 When artificial intelligence (AI) start-up Quantexa hit unicorn status, the London-based company said it was a chance to embark on a major growth push. In April 2023, Quantexa was minted a billion dollar ‘unicorn’ after closing a $129m (£99.4m) funding round at a valuation of $1.8bn (£1.4bn). Quantexa, which uses AI to analyse financial firms’ [...]
The state is bad at picking winners. GB Energy will prove that August 19, 2024 GB Energy is likely to prove to be another example of how the state can't pick winners, writes Eliot Wilson.