Why artificial intelligence needs an open, decentralised platform to serve the world August 14, 2020 On the 15th of May 1911, the US government moved to break the Standard Oil Corporation into what would eventually be 34 different companies. The key resource at question then was oil. A century later, we are at the cusp of wondering whether the organisations of our time hold a similar monopoly on the most [...]
Crypto AM shines its spotlight on Novum Insights August 11, 2020 Staying ahead of the trends in these times of ever-accelerating technology change provides real opportunity but has also never been more challenging. The blockchain and crypto markets are some of the best placed to ride this wave. This is because the real-time data from these markets is being created by networks, which were specifically designed [...]
The UK is falling behind in AI race, warns Microsoft August 11, 2020 The UK risks falling into an artificial intelligence skills gap, Microsoft said today, after it found most businesses in Britain use the technology less frequently and at a less advanced level. The software giant said in its annual report that projects using AI in the UK has a higher failure rate — meaning they generate [...]
DEBATE: Is Elon Musk right to predict that AI will overtake humans within five years? August 6, 2020 Is Elon Musk right to predict that artificial intelligence will overtake humans within five years? Chetan Dube, chief executive of IPsoft, says YES. Elon Musk is right. For the last few years we have been saying that by 2025 we will pass someone in the corridor and not know if they are human or android. [...]
Chinese AI firm slaps Apple with $1.4bn patent lawsuit August 3, 2020 Chinese artificial intelligence firm Shanghai Zhizhen Network Technology has filed a $1.4bn lawsuit against Apple, claiming the iPhone giant has infringed on a patent for its voice assistant technology. Shanghai Zhizhen, also known as Xiao-i, is calling for 10bn yuan ($1.4bn) in damages and demands that Apple cease “manufacturing, using, promising to sell, selling, and [...]
Sadiq Khan tasks advisers to create emerging tech plan for London July 30, 2020 Sadiq Khan has tasked his advisers with identifying which emerging technology trends would most benefit London and its residents, as he seeks upgrade the capital’s infrastructure and policies. The mayor of London has appointed his chief digital officer Theo Blackwell and the Smart London Board to create an Emerging Technology Charter, which will set out [...]
Corporate spy firm tries to clean up ‘James Bond’ industry’s image July 29, 2020 Technology firm Ground Truth Intelligence (GTI) has today launched its ethical investigations platform in London, as the company seeks to shake-up the corporate intelligence industry following high-profile scandals involving companies such as Lekoil and Credit Suisse. The London-headquartered firm is set to provide an “alternative approach” to the global intelligence and investigations industry, offering ethical [...]
SpaceX investor pours $50m into London tech startup Complyadvantage July 28, 2020 Fintech startup Complyadvantage has closed a $50m series C round, as it seeks to disrupt the way global banks tackle financial crime. The round was led by the Ontario Teachers’ Pension Plan Board, which has CA$207.4bn in net assets. It made the investment through its innovation arm, which invests in late-stage tech companies. Existing investors [...]
The next wave of innovation? It’s here. July 28, 2020 “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” ~Ernest Hemingway I’m sure many of you are familiar with Hemingway’s oft mis-attributed quote about financial calamity. I believe it also applies to change, particularly in technology, which tends to happen very slowly, and then all at once – at [...]
What are the long-term prospects for healthcare investing post Covid-19? July 16, 2020 The pandemic has shone a spotlight on healthcare but what happens when a vaccine is found? We asked Schroders’ investment experts for their views on the sector’s long-term prospects. The Covid-19 crisis has hurt most economic sectors this year. As of 30 June, healthcare was one of only three sectors to post positive year-to-date returns [...]