Softbank to invest $9bn in pivot to AI May 27, 2024 Japanese tech company Softbank is to invest almost $9bn in artificial intelligence, as it pivots away from its traditional venture capital model of investing. Softbank became known globally for its flagship Vision Fund, investing in pie in the sky companies which occasionally translated to a massive win. Most famously, the company invested a staggering total [...]
Docusign chief: Brexit has slowed UK dealmaking – but that’s an opportunity for us May 26, 2024 The chief executive of contract management company Docusign has said Brexit and British red tape have stifled dealmaking in the UK, making it much slower than the US.
Artificial Intelligence expert Nina Schick talks weaponisation of AI, deepfake and the elections May 24, 2024 Nina Schick, an AI Advisory Council Member at Qlik, explains to City A.M. news editor Emmanuel Nwosu how we are only "at the beginning of the AI revolution" and how it will "change everything".
Reform AI adoption or it could ‘widen corporate inequalities’, IoD warns May 24, 2024 The adoption of generative AI could "widen corporate inequalities, with sectors prone to market consolidation seeing the most significant shifts."
Tesco, M&S and Primark among brands hesitant to make some green claims over greenwashing action May 24, 2024 Big retail brands are hesitant to make green claims despite the majority embracing sustainable practices over fears of being hit with greenwashing action
News Corp: The Times and Sun publisher pens ‘beautiful friendship’ deal with OpenAI worth £200m May 23, 2024 OpenAI now has access to current and archived content from many of News Corp's publications, including The Times and The Sun.
How to use AI to boost your chances of start-up success May 23, 2024 Ambition A.M. takes a look at how you can use AI to your advantage as a small business owner, whether it be to scale your start-up or simply re-organise your day-to-day activities.
Cambridge tech ecosystem worth £150bn, more than Italy and Spain’s combined May 23, 2024 Mega rounds by start-ups including Wayve and Quantinuum have fuelled a record-breaking funding total of £1.3bn.
UK ‘risks being left behind’ as red tape choked tech start-ups, new report warns May 23, 2024 The UK “risks being left behind” as red tape is choking the potential of UK tech start ups, a new report has warned.
FTSE 100 today: London markets set to open lower as rate cut bets ease May 23, 2024 Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.