CHI&Partners chief executive Sarah Golding talks taking up the IPA presidency May 22, 2017 I got rather lost in Fitzrovia searching for the CHI&Partners office; I thought I’d been there before, forgetting that in fact, the business and its affiliates are slowly but surely colonising the area around Rathbone Street, and I was at the wrong building. This time I was meeting Sarah Golding, CHI’s chief executive – hawk-eyed [...]
Insurer Ageas has started processing claims using artificial intelligence from London startup Tractable May 18, 2017 One of the biggest car insurers in the UK has started automating the way it's processing claims with the help of artificial intelligence. Ageas will start using technology which can asses images of vehicle damage, and even flag potential fraudulent claims, to make the process more efficient by performing assessments within seconds. Read more: How [...]
Meet the six tech startups working with Transport for London to make the capital a smart city in Nitrous accelerator’s first cohort May 15, 2017 Six star startups have been chosen to delve into Transport for London’s troves of data to help transform the capital into a so-called smart city. Entrepreneurs working to reduce congestion on the trains, buses and roads of London as well as pollution will join the first Nitrous accelerator, designed to connect up-and-coming tech companies with [...]
How Google DeepMind’s Streams app is laying the foundations for artificial intelligence-powered healthcare in the NHS May 11, 2017 DeepMind’s work with the NHS to help alert doctors to patients whose health is at risk is laying the groundwork for delivering information that one day will be powered by artificial intelligence. The Google-owned British pioneer is working with the Royal Free London NHS Trust on a smartphone app called Streams. It currently uses an [...]
Chatbots could save business $8bn a year by 2022, with banks and healthcare gaining the biggest cost savings May 9, 2017 Chatbots could save business billions of pounds a year with banking and healthcare expected to be the biggest sectors to benefit. Responding to customer queries using automated messages for instance, or advising patients on symptoms, could save $8bn (£6bn) in costs every year across global business by 2022, analysts at Juniper Research forecast. “We believe [...]
Six things we learned from Warren Buffett after Berkshire Hathaway’s annual meeting: From AI and driverless cars to what happens if the sage of Omaha dies May 7, 2017 The sage of Omaha Warren Buffett took to the stage at the Berkshire Hathaway annual general meeting along with right hand man Charlie Munger. And the ever straight talking star investor did exactly that, discussing how he missed out on some of the biggest tech bets in recent years and what happens when he’s no [...]
The energy storage sector is set to boom as growth in renewables flatlines May 4, 2017 The energy storage sector is expanding rapidly as growth in independent renewables flatlines with UK battery capacity poised to grow up to 100 times by 2020, a new report suggests. On average, 275 independent renewable projects have completed each quarter since 2013. However, in the wake of deep subsidy cuts, just 38 were completed from [...]
Automation and AI are going to make many jobs redundant: Here’s how to stop a robot taking your job April 25, 2017 The power of technology to create upheaval in the global job market has never been felt more acutely. The accompanying anxiety that increasingly intelligent machines will eliminate jobs across practically every sector continues to fuel conversations among employees that the future is uncertain. The move towards smart cities and smart workforces is already in motion: [...]
Babylon Health raises £50m to perfect its AI doctor April 25, 2017 British tech firm Babylon Health has raised $60m (£46.82m) in its mission to create the perfect AI doctor. Its app, which is used by 800,000 people, allows patients to text symptoms to artificial intelligence software and receive advice. The technology is currently being trialled by the NHS in London as an alternative to the non-emergency [...]
London fintech startup investment is on the rebound in the first quarter of 2017 thanks to Funding Circle, Monzo and Currencycloud deals April 20, 2017 Investment into fintech startups in London is on the rebound, fresh figures seen exclusively by City A.M. suggest. Startups working in the hot tech space attracted £177m in funding in the first three months of the year, more than any quarter in 2016 and its highest since the second quarter of 2015. It comes after [...]