Elon Musk teases project to meld human brain with AI to create ‘superhuman cognition’ September 9, 2018 Tesla and SpaceX chief executive Elon Musk has claimed he is just a “few months” away from a major announcement about a device which will fuse the human brain with artificial intelligence (AI). The eccentric billionaire, who has been the source of a host of controversies over the the past few months, said his Neuralink [...]
JD.com sees its share price plummet as police investigate rape accusation against CEO September 7, 2018 JD.com has seen its share prices plummet, with £5.5bn wiped off its value after chief executive Richard Liu was accused of sexual assault and arrested last week in the US. He was held for 16 hours as Minneapolis police launched an investigation into the sexual misconduct allegation, before he was later released without charge. Since then [...]
Top scientist warns that artificial intelligence could suffer a ‘backlash’ from the public September 6, 2018 The incoming president of the British Science Association, professor Jim Al-Khalili, warned that the potential for artificial intelligence (AI) in the UK could be stifled by a “backlash” from the public. Previewing his address to next week’s British Science Festival in Hull, he warned that without greater transparency the potential of AI may not achieved. [...]
Facebook and Twitter grilled under the Senate spotlight over social media abuse September 5, 2018 Silicon Valley heavyweights Facebook and Twitter faced a grilling from US senators in an Intelligence Committee hearing earlier today, pushing tech stocks down on Wall Street. Twitter's share price tanked more than five per cent, while Facebook's dropped 2.3 per cent. Meanwhile, Netflix and Snapchat shares both fell by more than four per cent. In [...]
Volvo dreams up its first driverless electric car September 5, 2018 Volvo has unveiled its first electric self-driving car concept, as it races to meet its own targets of making a third of its car sales autonomous by 2025. Aside from driving around town, Volvo hopes that the 360c could replace short-haul air travel, particularly for routes where the distance travelled is around 300km (186 miles) such as [...]
Japan’s Line is raising £1bn to fund its fintech and AI expansion September 4, 2018 Japanese messaging giant Line is raising ¥148.1bn (£1bn) through a convertible bonds issue to fund its expansion into financial services and artificial intelligence (AI), primarily through its own payments technology. The firm said in a statement this morning that the majority of the raise will go towards promoting Line Pay, which is an in-app function [...]
Connected cows and smart salmon: The internet of things is taking on farming September 4, 2018 The summer heatwave has dried up any complacency that food production in the supposedly green and fertile lands of England and Wales is a relatively straightforward business. The 55,000-strong National Farmers’ Union described the months of heat as a “wake-up call” for the agricultural industry, as an emergency summit was called to address the “crippling [...]
There’s nothing artificial about AI’s influence on the financial world August 31, 2018 Research by PwC estimates that global GDP will be 14 per cent higher in 2030 as a result of artificial intelligence (AI). That’s the equivalent of an additional $15.7 trillion, or more than the current output of China and India combined. If this is the case, how exactly will the City’s financial services sector change [...]
Dyson plugs £200m into driverless cars UK technology campus August 30, 2018 Household appliance technology firm Dyson today released details on the second phase of its plans to redevelop an airfield in Wiltshire as a research campus for self-driving cars, which will increase its investment in the space to £200m . Dyson has already plugged £84m into the site to date. The planning application for the Hullavington [...]
Revealed: The skills that will get you jobs with the highest salaries August 28, 2018 Automation isn’t just putting lower-earning jobs at risk; it’s a threat to higher-earning roles too. While AI is putting the likes of customer service agents’ roles are under threat , the technology could replace up to half of banking jobs too, according to Barclays’ former boss Antony Jenkins. Read more: Technology could replace half of [...]