Sevva January 17, 2023 All Street is an award winning innovative financial technology company, re-inventing investment research through the application of artificial intelligence What we believe in: We are living in a world where a new mindset is taking shape, the era of AI-human hybrid intelligence. In this new digital world all investment professionals need to supercharge their abilities by [...]
Very: Shoppers splurge on air friers and games consoles, but group sales slide January 13, 2023 Sales at online retailer Very rose 2.2 per cent year-on-year during the busy festive season. Toys, gifts and beauty and home departments were the main beneficiaries of the spending splurge, with sales up 17.7 per cent and 10.2 per cent respectively. Games consoles and Ninja air fryers were the bestselling items during the seven weeks [...]
Exclusive: Virgin Media O2’s business chief on the £31bn mega merger that dazzled the City January 13, 2023 As the UK is in the midst of a merciless recession, with the cost-of-living crisis raging, businesses are scrambling to cut costs, maintain market share and find a way to get through the economic misery. The telecoms sector is no exception. Time for City A.M. to catch up with Jo Bertram, managing director of Virgin Media [...]
London AI startup InstaDeep bought by BionTech in half-a-billion deal January 11, 2023 London based AI startup InstaDeep has been bought out by biotechnology giant BioNTech in a half-a-billion pound deal. InstaDeep focuses on machine learning and artificial intelligence, and has raised nearly £100m across four seed rounds. The deal will allow BioNTech to use InstaDeep’s machine learning to “improve its drug discovery process, including developing personalised treatments tailored [...]
Microsoft considering £8bn investment in Chat GPT owner, says Semafor January 10, 2023 Microsoft is in talks to invest $10bn (£8.2bn) into ChatGPT-owner Open AI, according to reports by Semafor earlier today, citing people familiar with the matter. According to the report, Microsoft’s investment would take OpenAI’s valuation up to $29bn. The deal would initially be based on a revenue share, which will see Microsoft take 75 per [...]
Letters: Students and AI can collaborate January 9, 2023 [Re: Fears of cheating prompt Ofqual to ‘look into’ use of AI chatbot ChatGPT, January 3] It’s right that exams regulator Ofqual investigates how ChatGPT will impact the future of school exams and students’ writing, critical analysis and creative skills, if Artificial Intelligence proves it can do the same to a high level. The emergence [...]
Use of AI apps is fuelling plagiarism, as barrister warns more needs to be done to stop online exam cheating January 6, 2023 Artificial intelligence apps, such as the chatbot ChatGPT, could make the UK’s exam cheating problem worse, a top barrister who works on student appeals has warned. Increasingly sophisticated AI models are now able to produce “decent, plagiarism-free answers to a wide range of questions,” Daniel Sokol, a barrister at 12 King’s Bench Walk, said in [...]
As the Internet turns forty, we must invest in digital skills to make London the epicentre of a new wave of innovation January 4, 2023 The modern Internet as we know it officially turned middle-aged on the first day of January 2023. It’s no exaggeration to say it has transformed our human existence. From online learning and dating, to managing our finances and making each other laugh, the degree to which the Internet has shaped our lives in a relatively [...]
Mishcon de Reya bolsters legal tech offering with Taylor Vinters merger January 3, 2023 Mishcon de Reya has completed its merger with Taylor Vinters, after first striking a deal with the tech and innovation specialist in September 2021. The ‘Silver Circle’ London law firm’s merger with Taylor Vinters will see more than 200 of the law firm’s staff join Mishcon de Reya’s 1,200 strong team – including 145 lawyers [...]
Fears of cheating prompt Ofqual to ‘look into’ use of AI chatbot ChatGPT January 3, 2023 Ofqual admitted looking at providing guidance to teachers over student use of the controversial AI writing tool ChatGPT. The examination and qualification regulation body said it was responding to concerns that students were using the AI chatbot to write essays. Teachers who reviewed three ChatGPT answers on English language, English literature and history said that [...]