Banker bots: Amid increasing competition for top talent, banks could turn to AI January 4, 2022 Banks could begin to turn to artificial intelligence (AI), after the competition for top talent has prompted a battle of who can name the highest salary figure for newcomers. JPMorgan and Goldman Sachs have already dedicated teams to modernising their M&A advisory and capital markets businesses. And with pay for junior analysts at rival Morgan [...]
Bitcoin’s teen spirit gets off to a gentle start January 4, 2022 It’s been a gentle start to the year, with the Bitcoin price continuing to trade in the same range between $46,000 - $51,000.
Use AI to save for the future December 29, 2021 Fancy returns up to seven times better than your bank? The average easy-access savings rate in the UK is less than 0.1%, but Chip thinks you deserve better. Chip is a savings account that aims to automatically build and grow your savings. It offers an AI that puts aside money based on your spending habits [...]
Best of the year: Political opinion and Westminster analysis to make sense of 2021 December 25, 2021 Artificial intelligence has been at the very centre of the news agenda this year, with the government announcing a national AI strategy as part of its “levelling up agenda”. But how can ministers make use of this technology and regulate it if they don’t understand how it works? Brian Mullins was making this point back [...]
Britain’s creative industries are essential to the economy, but imagination must shape all our businesses December 22, 2021 Let’s start with the good news. The UK economy is set to grow by 6 per cent in 2022. Admittedly this forecast, set by the OBR, was before we knew about the Omicron variant. But we must remain optimistic that the economy can continue to bounce back from the shockwave of the virus. When we [...]
Microsoft’s $16bn Nuance bid secures EU antitrust approval December 21, 2021 Microsoft's $16bn (£12bn) bid for AI company Nuance has won approval from the European Commission following an antitrust probe.
Bitcoin sees strong start to the week as investors shake off winter blues December 21, 2021 It’s been a strong start to the week in the cryptocurrency markets, with Bitcoin and other major cryptocurrencies all seeing gains of around five per cent today.
Omicron uncertainty continues to spook cryptocurrency markets December 20, 2021 Bitcoin is down slightly today, falling almost two per cent over the past 24 hours to just above the $46k mark.
Chinese AI firm SenseTime heads for £580m listing despite US investor ban December 20, 2021 Chinese artificial intelligence start-up SenseTime Group announced today that it has relaunched its $767m (£580m) Hong Kong share sale after its listing was pulled last week following an American ban on investment.
A quarter of the UK’s unicorns were created in 2021 alone as the tech sector shines December 20, 2021 New data shows how UK tech boomed in 2021, raising £26bn, doubling last year’s figures and creating a record number of unicorns.