Despite its glitches and quirks, we would all be better off not dismissing artificial intelligence December 23, 2022 After years of being told that powerful artificial intelligence technology with jaw-dropping capabilities is just about to barrel into our lives, this may be remembered as the year that it finally did. But instead of busting down humanity’s front door with medical nanorobots or job-stealing automatons, AI has quietly become mainstream in the disarming guise [...]
Elon Musk’s year in Tweets: Ukraine, buying Twitter, Trump, Bitcoin and blue ticks December 21, 2022 Elon Musk’s time as Twitter CEO has been controversial. Even before his purchase of the social media platform, the business magnate and investor was an avid Twitter user. After a turbulent year online – and off – we have done the painstaking task of trawling through the Tesla billionaire’s feed, for high (and low) points [...]
Large corporations will topple if they fail to adopt web3 tech December 21, 2022 What do Clorox, Twitter, Equifax, Macy’s, ViacomCBS, Nordstrom, and Southwest Airlines have in common? They’ve all, at one point or another, dropped out of the Standard & Poor’s 500 index. A common misconception plaguing the world of entrepreneurship is that the only metric of success one should care about is a swift and painless rise [...]
How ChatGPT AI is changing our online lives forever December 21, 2022 Instead of explaining ChatGPT in my own words, I’ll let ChatGPT explain itself. Logging onto the website, I search: “What is ChatGPT?” “GPT can be used for a variety of tasks, including language translation, summarization, and chatbot responses,” the chatbot responds. “In the context of chatbot responses, GPT could be used to generate responses to [...]
Pharma firm makes RSV vaccine candidate breakthrough with artificial intelligence December 21, 2022 Biopharmaceutical firm Poolbeg Pharma has found a number of RSV vaccine candidates via artificial intelligence (AI), in a landmark move in finding a treatment for the virus. The London-listed company has prioritised candidates with existing early-stage clinical data, which could be repositioned into novel treatments for RSV infection. Candidates with solid safety data in humans [...]
UK government stumps up £12m to make 5G tech green and accessible December 20, 2022 The Department of Culture, Media and Sport is funding a £12m international project to make 5G telecommunication green and more accessible across the UK. The project named Towards Ubiquitous 3D Open Resilient Network (TUDOR) plans to use AI to improve the efficiency of 5G and in due course 6G infrastructures. TUDOR is led by the [...]
UK appoints five new innovation experts to drive post-Brexit technology boom December 18, 2022 The UK government has appointed five, industry leading experts to make use of post-Brexit freedoms by driving innovation in cutting edge sectors that will be vital to Britain’s future growth. The five new experts will work with the government’s chief scientific advisor, Sir Patrick Vallance, to review existing rules and develop a pro-innovation, regulatory approach. [...]
Big tech’s year of rough seas has taught us a lesson in naming winners and losers December 16, 2022 IF 2022 has taught us anything, it has shown us how there are no clear business winners or losers from the pandemic. The rough year for big tech is a case in point. Although many of the Faang (Meta neé Facebook, Apple, Amazon, Netflix and Alphabet) cashed in on the various lockdowns, this year has [...]
Why banks must get better at managing the risky business of cloud computing December 13, 2022 Cloud computing represents the future of financial sector IT. Its services helped many organisations through the pandemic, supporting mass working and empowering them to reach locked-down customers digitally. But migrating data and systems to third-party datacentres also increases risk, as the Bank of England noted last year. The challenge for IT bosses in the sector [...]
Dealmaker’s Spotlight: Picus Capital December 13, 2022 Datasite recently spoke with Joanna Koczuk, Head of Investor Relations and Fundraising at Picus Capital, who shared her thoughts on creating long-term value in the VC space, even in current challenging environment. Picus Capital is a global venture capital firm and invests in early-stage technology companies. At the heart of its investment philosophy is being [...]