AIM dominates European growth markets contributing half of 2021 funding February 21, 2022 The UK's Alternative Investments Marketplace (AIM) dominated junior European markets in 2021, accounting for half of all fundraising.
Weekend chat: Traditional methods to tackle £750m fraud tsunami is like taking a knife into a gunfight February 19, 2022 From scam phone calls, text messages and emails, fake websites, falsified documents and fake insurance claims, fraud has become big business – and a big problem. In the first half of 2021, criminals stole a total more than £753m million through fraud, an increase of 30 percent compared to the first half of 2020, according [...]
Automotive developer First Hydrogen joins Cambridge University in hydrogen technology project February 16, 2022 Hydrogen vehicle developer First Hydrogen has partnered with Cambridge University to research hydrogen production and mobility. The parternship, which will run for five years at the university, will focus on how to best develop hydrogen technology for the automotive industry, in particular as regards production and fuel distribution. The first project researchers will focus on [...]
Former Google boss launches $125m philanthropic fund to tackle AI issues February 16, 2022 Former Google boss Erich Schmidt has launched a $125m philanthropic fund to tackle so-called 'hard problems' in artificial intelligence including bias, harm and misuse and conflict.
BT pumps £30m into tech freelancing start up February 15, 2022 Telecoms giant BT has pumped £30m into a tech freelancing start up which helps business transform their digital systems, as it looks to ramp up its own modernisation efforts.
Exclusive: What the departure of Lloyd’s of London would mean for the City February 14, 2022 Lloyd’s of London may be leaving its gigantic headquarters in the City. A pandemic-induced hit to office footfall has left it mulling a move to another location. The company told City A.M. recently it is weighing up leaving iconic headquarters’ as it seeks out ways to adapt to shifts in working habits brought about by [...]
DeFi: Risks, illusions, reality and the future February 11, 2022 In his debut column for Crypto AM, Targ Patience opens his account on market and regulatory evolution.
Dear Jacob Rees-Mogg, it’s time to make good on Brexit promises with new City rules February 11, 2022 Business leaders once again find themselves pondering the shape and size of Britain’s economy post-Brexit. Brexit was always designed to be a two-part plan. Part one was leaving. But, as noted in the report by the Public Accounts Committee, for some sectors it’s been a triple whammy of red-tape, double regulation and rising compliance costs. [...]
AI and Big Data to be ‘most disruptive’ tech in pharma industry in 2022 February 10, 2022 AI and Big Data as a powerhouse duo will be the ‘most disruptive’ emerging technology in the pharmaceutical sector in 2022. This year is anticipated to be studded with high-figure tech deals within the healthcare space, after hailed Covid-19 vaccine maker AstraZeneca and BenevolentAI expanded their drug discovery partnership just weeks ago. “Undoubtedly AI [...]
Government injects £23m to boost UK skills and diversity in AI jobs February 10, 2022 The government has pumped £23m into Artificial Intelligence (AI) and data conversion courses for young and underrepresented groups, as the UK aims to be the industry leader. There will be up to two thousand scholarships for masters AI conversion courses, and the aim is to create a new generation of experts in data science and [...]