AI research company is making a plan for how Mayor of London Sadiq Khan can promote AI in London March 22, 2018 Mayor of London Sadiq Khan hired London-based artificial intelligence research group CognitionX to plan how the city can best harness AI. Khan said he believes that London is already in a strong position in the data economy, so he wants CognitionX to produce a report that outlines how AI can positively progress the city’s policies [...]
A sensible way to play the robotics megatrend March 21, 2018 In the next few decades, chief executives of major global corporations could all become redundant. They will be replaced by robots with highly-developed artificial intelligence, because machines are quicker, more rational and do not get bogged down with silly human emotions. That’s according to Jack Ma, the founder of Chinese internet behemoth Alibaba. Of course, [...]
How artificial intelligence is re-coding the way we manage our money March 14, 2018 It was 1950 when Alan Turing developed a test which looked at a machine’s ability to generate responses that were so human-like that you wouldn’t be able to tell it was a computer. Fast forward almost seven decades, and we are now at a tipping point in tech, as artificial intelligence (AI) nudges us [...]
Jupiter vice chair Edward Bonham Carter says asset managers are on the cusp of a revolution, as regulation remains a worry according to a PwC survey March 14, 2018 The vice chairman of London-listed Jupiter Fund Management has said the asset management industry is on the “cusp of a significant change”. Speaking at an event this morning hosted by Byhiras, a fintech firm which provides accountability and transparency across the industry, Edward Bonham Carter said that financial technology and machine learning would play a [...]
The social media battle against fake news has begun – beware your own emotions March 14, 2018 Did Donald Tusk, the former Prime Minister of Poland and now president of the European Council, conspire with Vladimir Putin to murder the President of Poland, Lech Kaczynski? Many Poles believe this preposterous story, I learned last week at a fascinating conference on social influence at the University of Warsaw. In 2010, a Polish Air [...]
Startup tackling fake news with artificial intelligence Factmata nets funding to expand March 8, 2018 A startup using artificial intelligence (AI) to tackle the proliferation of fake news and extremist content online will expand after closing a $1m (£720,000) seed funding round that attracted major US backers. London-based Factmata’s funding round was led by tech entrepreneur Mark Cuban, but also attracted high-profile investors such as Twitter co-founder Biz Stone, internet [...]
Will one of these 26 companies joining Tech City’s Future Fifty become the new Zoopla or Just Eat? March 7, 2018 An AI-driven cybersecurity company, a fashion industry analytics business and a tech-based language teaching company are among the 26 UK startups that have been identified as potential future tech stars. Darktrace, Featurespace and Firefly are among the companies joining companies such as SpitfireAudio, Thread and Superawesome on Tech City’s Future Fifty programme. Future Fifty alumni [...]
Big fish: The seven largest types of institutional investors March 7, 2018 Say whatever you want about the world, but there’s never been a better time to be an end investor. Many things investment professionals fear — fee compression, automation, artificial intelligence (AI), and blockchain — benefit clients through higher account balances and lower fees. Asset owners are the largest of those clients. Though they are frequently [...]
Beware the real Beast from the East: Chinese tech giants March 5, 2018 The last week has seen the UK battered by the worst snow we’ve seen in years, thanks to freezing temperatures coming from the east. But cold weather and heavy snow is not the only thing that is making the move from east to west. Chinese tech giants Alibaba, Tencent, Baidu and JD.com have started to [...]
Harnessing tech can help break the glass ceiling March 1, 2018 While issues around diversity and inclusion have been well and truly thrust into the spotlight following a year of sexual harassment and gender pay inequality scandals, the numbers still paint a bleak picture. In the UK, there is still no single sector where women make up more than 33 per cent of total senior management [...]