Spectacular froth in AI stocks, says top City strategist May 31, 2023 One analyst believes artificial intelligence represents the 'madness du jour' on global stock markets amid valuation spikes
Tier to launch new AI tech to boot out unsafe riders and reduce costs May 31, 2023 E-scooter mobility giant Tier has announced it will launch a first of its kind AI technology in the UK, which aims to improve the safety and sustainability of its e-scooters and reduce costs. The system, described as a ‘Parrot’ e-scooter brain, is capable of recognising “anti-social riding behaviours” without requiring the use of complex and [...]
London businesses most confident in the UK amid economic slowdown May 31, 2023 London businesses are poised to lead the UK economy out of its slowdown, although they remain acutely concerned about the impact of higher interest rates and scorching inflation, a new survey out today shows. Confidence among the capital’s firms slimmed four points to 43 per cent, although that was the highest reading of any area [...]
The UK government needs equity stakes in AI firms to truly safeguard its citizens May 31, 2023 To ensure AI is scrutinised, the UK government should accept some intervention is needed and take on equity stakes in artificial intelligence firms to shape the future of the technology, writes Simon Neville
The BBC metaverse will be a supercharged reality+ experience May 26, 2023 Monty Munford looks at the BBC's latest effort to get down with the times, and he thinks the corporation's metaverse could be a game-changer.
Inflation here, inflation there – when will governments see Bitcoin fixes this? May 26, 2023 Jason Deane rounds up the narratives and looks at the questions facing the economic world as one answer endures... 'Bitcoin fixes this'.
Sunak to meet Google boss for AI threat talks as regulation debate heats up May 25, 2023 Rishi Sunak and Google chief executive Sundar Pichai will reportedly meet tomorrow for talks on the threat posed by artificial intelligence (AI). The Prime Minister and tech boss will hold a private meeting on Friday, according to Sky News. Downing Street would not confirm the meeting to City A.M. and Google did not immediately respond [...]
Monzo founder Blomfield fires parting shot at London as he packs bags for San Francisco May 25, 2023 Monzo founder Tom Blomfield has warned there are no quick fixes for London’s "very real" listings problem, in a parting blow to the capital as he packs his bags for the US.
Stars come out for Universal Peace Gala in Beverly Hills May 25, 2023 Tibetan Lama Shyalpa Tenzin Rinpoche left his mark on Beverly Hills with a star-studded global gathering promoting peace.
Groundhog Day for Bitcoin as crypto uncertainties linger May 25, 2023 The price of Bitcoin fell a further 2% to the lower end of $26k while Ethereum dropped below $1.8k and continues to trade in line with the leading crypto.